Head, Business Assurance

Stockgap Fuels Limited | Rivers, Nigeria

Full-Time Posted today 2 views

About the Role

Stockgap Fuels Limited is a prominent private limited liability company in Nigeria specializing in the distribution of refined petroleum products and Liquified Petroleum Gas (LPG). We are seeking a strategic and experienced Head of Business Assurance to provide the Board and executive management with absolute confidence that business risks are effectively managed, operations comply with regulatory standards, and company assets are robustly protected. In this pivotal leadership role, you will unify Enterprise Risk Management (ERM), Internal Control, Regulatory Compliance, and Internal Audit into an integrated framework that safeguards business continuity and supports our ongoing group expansion across diverse energy and manufacturing sectors.

Key Responsibilities
  • Design, implement, and maintain a group-wide Enterprise Risk Management framework aligned with ISO 31000 standards.
  • Establish an internal control framework based on COSO standards across all business lines, enforcing segregation of duties and authorization limits.
  • Ensure strict compliance with key industry regulations including the Petroleum Industry Act 2021, NMDPRA requirements, and CAMA 2020.
  • Lead the internal audit function in accordance with IIA Global Standards, executing risk-based annual audit plans.
  • Maintain the group Business Continuity Management framework, crisis management plans, and standard operating procedures.
  • Track and mitigate revenue leakage, stock variances, and cylinder losses to protect company margins.
  • Serve as principal adviser and secretary to the Board Audit Committee while fostering a culture of integrity across the organization.

Qualifications
  • Bachelor's degree (minimum Second Class Upper) or HND (minimum Upper Credit) in Accounting, Finance, Economics, Law, Engineering, or a related field, plus a relevant postgraduate degree.
  • Mandatory possession of at least one core accounting or audit certification such as CIA, ACA (ICAN), ACCA, or CPA.
  • Minimum of 15 years of relevant experience in internal audit, risk management, or compliance, with at least 5 years in a senior managerial role within oil and gas, energy, or manufacturing.
  • Comprehensive knowledge of IIA Standards, COSO Framework, ISO 31000, and Nigerian downstream petroleum regulations.
  • Exceptional leadership abilities, high integrity, independent judgment, and proven board-level communication skills.

Benefits
  • Competitive salary commensurate with experience.
  • Comprehensive health insurance coverage.
  • Opportunities for professional development and leadership growth.
  • Dynamic and impactful role shaping the future of Nigeria's energy sector.

Skills

Enterprise Risk Management Internal Audit Regulatory Compliance COSO Framework ISO 31000 Petroleum Industry Act Revenue Assurance Internal Controls
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