Senior Manager Internal Audit Assurance - Ras al-Khaimah

Job description / Role

Employment: Full Time

Company description

Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.

Job description

To supervise follow-up audits, annual risk assessment and internal audit plan.

• Lead and manage technical audits primarily covering key business functions and the investment life cycle (ILM), including areas such as strategy, business development, and mergers & acquisitions, from the planning phase to the reporting phase. Also support in leading and managing audits of project delivery and asset/platform management, including engineering and operational QHSE.
• Manage the audit team assigned on the audits to ensure the work is performed as per the quality requirements and completed within the assigned timelines.
• Submit the deliverables of audits for quality review to quality reviewer, where applicable.
• Provide on-the-job training and constructive feedback to assigned audit team for audits to support their overall development.
• Liaise with quality reviewer to ensure that all deliverables are quality reviewed before submission of same to process owners.
• Support in developing and delivering the annual operational business plans and KPIs for the unit and contribute to performance monitoring and reporting for the unit so that overall objectives are met.
• Review and approve RCMs prior to the start of or during the fieldwork.
• Manage and execute the audit engagements as per the engagement plan including RCM and develop proper working papers to support the work done and audit findings noted and submit the same for quality review.
• Review work performed by field auditors and issues received from the field auditors and determine if other areas or related activities need to be reviewed in order to reflect a correct picture of the company's commercial health.
• Review subordinate's work papers for work completeness, meeting the objectives, and matching it against issues identified.
• Review audit issues and draft audit reports received from the field auditors and determine if other areas or related activities need to be reviewed in order to reflect a correct picture of the company's commercial health.
• Submit the draft audit report to senior management for review in line with the project time plan.
• Build and maintain a network of relevant contacts to support daily activities and long-term objectives of the team.
• Manage client relationships (auditee) on assigned individual assignments and ensure achievement of targeted percentage on audit satisfaction survey issued after the completion of the audit.
• Develop and implement action plans on the areas of improvements identified by client in the audit satisfaction survey.
• Ensure regular supervision and monitoring of fieldwork performed by the internal audit service provider assigned resources during the execution of audit fieldwork including reviewing the draft output documents developed by the assigned resources.
• Perform an evaluation of the performance of service provider for each audit engagement and communicate and discuss any concerns with the line manager or group executive director, internal audit.
• Support in the follow-up audit engagements on the due management actions agreed as part of the audit reports.
• Participate in the annual risk assessment exercise by meeting process owners and reviewing underlying documents to develop or update risk registers and validate the same with process owners.
• Ensure relationships with service providers are managed smoothly and effectively in a way that guarantees that Masdar is provided with quality and timely services, in line with relevant service level agreements.

Qualifications

Preferred qualifications:

• Bachelor's or master's degree in accounting, finance, economics, or engineering
• CFA, CPA, or ACA
• CIA or CFE is an asset

Preferred experience:

• At least 8 years' experience in progressively more senior roles in auditing or advisory of business development and M&A transactions reviews, financial modelling or equivalent experience.
• Experience relating to internal audit of corporate and business units' processes.

Job-specific skills:

• Exceptional communication and interpersonal skills leading to a consultative approach within a corporate or multifunctional environment.
• Ability to manage cross-functional teams.
• Good knowledge of and skill in applying internal auditing and accounting principles and practices, and management principles and preferred business practices.
• Good knowledge of the standards for the internal audit profession.

Company Industry: Audit & Accountancy

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