Process and Controls Risk Consulting – Oil and Gas Upstream Senior

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. 

EY-Process & Controls– Risk Consulting – O&G Upstream Senior

As part of our Risk Consulting, you will be supporting the Team in client engagements related to Risk Management, Internal Audit, GRC solutions for various clients across the MENA region. The client base spans across various sectors and includes collaboration with other teams within Consulting services.

The opportunity

We’re looking for experienced professionals with experience in the Energy sector and Internal Audit/ Risk to join our Process & Controls Team. This is a fantastic opportunity to be part of a leading firm whilst being instrumental in the growth of our service offering. This position will be based out of our offices (Kochi/ Thiruvananthapuram) in the beautiful state of Kerala.

Working in our practice, you will have the opportunity to work with clients to provide practical risk management, internal audit solutions and gaining valuable experience in a variety of clients.

Your key responsibilities

The current role requires executing internal audit and other risk consulting engagements for energy companies. As part of the role, the candidate is expected to:

• Assist in executing client engagements and meeting the expectations of the client and the onsite team within the MENA region.
• Support in performing end-to-end internal audits from planning to reporting including process understanding, walkthroughs, preparation of risk and control matrix / audit work program, control testing to assess their design and operating effectiveness, preparation of audit report and agreeing issues/ actions with management.
• Have an in-depth understanding of the Oil & Gas upstream industry risks/ issues / trends and end-to-end business processes.
• Have thorough knowledge and understanding of Internal Audit methodology and IIA requirements.
• Deliver engagements to time, cost and high quality.
• Identify key areas of improvement in the client's business processes and add value by preparing insightful recommendations.
• Contribute to business development activities such as preparing proposals, lead identification
• Always comply with the firm’s quality and risk management policies
• Manage multiple assignments and related project teams.
• Maintain excellent rapport and proactive communication with the client

Skills and attributes for success

• Exceptional command on spoken and written English
• Globally mobile and flexible to travel to onsite locations at a short notice
• Highly analytical, organised and meticulous consulting skills
• Demonstrating and applying strong project management skills, inspiring teamwork and responsibility with engagement team members
• Ability to multi-task, work well under pressure with commitment to deliver under tight deadline
• Strong organizational skills with ability to prioritize effectively
• Attention to detail and quality assurance
• Proficient in MS-Office Suite, data analysis & validation

To qualify for the role, you must have

• Bachelor’s degree in engineering with specialisation in Oil & Gas or relevant professional qualification such as CA, ACCA, CIA.
• PMP certification holders will be preferred
• Experience in Internal Audit /Risk Management with Oil & Gas upstream sector focus or working in Oil and Gas Drilling and / or Oil Field Service Companies, or Exploration & Production (E&P) Companies or working as Drilling Engineers, Rig Foreman, or in Warehousing and Logistics for Drilling Operations.
• Experience leading or supporting risk-based internal audits across upstream operations, including drilling and well operations, rig management, production operations, workover activities, petroleum engineering processes, drilling materials and inventory management, supply chain and logistics, contract management, HSE compliance.
• Knowledge of key upstream business and operational processes, including Exploration & Appraisal activities, Field Development Planning, Work Programs & Budgets (WP&B), Authorization for Expenditure (AFE), Petroleum Cost Recovery, Joint Venture (JV) Accounting, Cost Allocations, Affiliate and Related Party Charges, Production Allocation, Reservoir Management, and Hydrocarbon Measurement controls.
• Experience evaluating operational and financial controls related to drilling campaigns, rig utilization, non-productive time (NPT), well costs, contractor performance, procurement and contracting, warehousing and drilling materials management, inventory controls, logistics operations, and production reporting.
• Strong understanding of Process Safety Management (PSM), Health, Safety & Environment (HSE), Well Integrity Management, Asset Integrity, Reliability Engineering, and applicable industry standards and frameworks (e.g., API, IADC, ISO 55000, OSHA PSM, IWCF/IADC well control requirements, and other upstream industry standards).
• A minimum of 4 years of relevant work experience
• A valid passport for travel.
• Internal Audit Software Such as Teammate and ERP Exposure such as SAP, Oracle to extract reports (contracting/procurement/material management modules).

What working at EY offers

At EY, we’re dedicated to helping our clients, from startups to Fortune 500 companies — and the work we do with them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees, and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

EY | Building a better working world 

 
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.  

 
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.  

 
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.