Sr. Audit Specialist

EOG Resources•Houston, TX

8d•Onsite

About The Position

Key liaison between Internal Audit, internal stakeholders, and external parties to facilitate successful joint interest, OBO, and vendor audits. Perform system administration tasks including maintaining electronic audit files, retaining proper audit documentation, and input and categorization of exceptions. Primary point of contact for audit response coordination including confirming vendor audit report findings with sponsor, reviewing joint interest audit exception memos for reasonableness and exposure, and comparing audit responses to prior audits for consistency and comprehensiveness prior to distribution. Track audit status, findings, settlements, and recovery opportunities and ensure timely resolution of outstanding issues. Participate in the planning and execution of division and headquarters audit work program, including identifying higher risk areas and helping prioritize audit scope. Plan, coordinate, conduct, or participate in well, vendor, and plant facility audits, including coordinating and overseeing third-party audit firm's progress and deliverables. Review and appraise the adequacy and the application of operating and financial controls to ensure company objectives are met, identify control gaps, and recommend practical, value-added improvements. Examine assigned activities throughout the company to determine the extent of compliance with company policies, plans, and procedures. Participate in company SOX 404 testing requirements (internal controls over financial reporting) and developing recommendations as needed. Prepare audit summaries, management reports, and presentation materials and review with appropriate management; perform trend analysis to identify risk areas. Involvement in special projects as directed by Management.

Requirements

Bachelor's degree in accounting, finance, business or other related discipline.
A minimum of 8+ years' professional experience in audit and/or oil and gas industry.
Experience with vendor and joint interest audits, including the ability to interpret and apply COPAS guidelines and accounting procedures required.
Knowledge of and familiarity with the Sarbanes Oxley Act, specifically Section 404.
Highly motivated self-starter with demonstrated ability to work independently (with minimal supervision) and collaboratively as part of a team.
Strong work ethic with a focus on time management, critical thinking, analytical skills, attention to detail, and meeting deadlines, including the ability to manage multiple audits simultaneously and drive them to completion.
Strong interpersonal skills with the ability to work with others at all levels in the organization.
Excellent communication (written and verbal), organizational, and project management skills.
Advanced knowledge of Microsoft applications.

Nice To Haves

Certification preferred (CIA and/or CPA) or willingness to obtain.
Other audit certifications a plus.
Active participation in at least one technical accounting association (COPAS, PASH, etc.) would be expected.
Exposure to dispute resolution or audit negotiation processes a plus.
Experience with audit management software (Optro, MyAuditHUB, etc.) and/or other IT/data analytic tools a plus.

Responsibilities

Perform system administration tasks including maintaining electronic audit files, retaining proper audit documentation, and input and categorization of exceptions.
Act as the primary point of contact for audit response coordination, including confirming vendor audit report findings with sponsor, reviewing joint interest audit exception memos for reasonableness and exposure, and comparing audit responses to prior audits for consistency and comprehensiveness prior to distribution.
Track audit status, findings, settlements, and recovery opportunities and ensure timely resolution of outstanding issues.
Participate in the planning and execution of division and headquarters audit work program, including identifying higher risk areas and helping prioritize audit scope.
Plan, coordinate, conduct, or participate in well, vendor, and plant facility audits, including coordinating and overseeing third-party audit firm's progress and deliverables.
Review and appraise the adequacy and the application of operating and financial controls to ensure company objectives are met, identify control gaps, and recommend practical, value-added improvements.
Examine assigned activities throughout the company to determine the extent of compliance with company policies, plans, and procedures.
Participate in company SOX 404 testing requirements (internal controls over financial reporting) and developing recommendations as needed.
Prepare audit summaries, management reports, and presentation materials and review with appropriate management; perform trend analysis to identify risk areas.
Involvement in special projects as directed by Management.