Manager, Internal Audit Assurance – Governance and Support Services (UAE Nationals)

To lead/ supervise individual Governance and Support Services Internal audits as part of the approved Internal Audit Plan in order to contribute to providing reasonable assurance that Masdars internal controls promote efficiency effectiveness and reduce the risk of loss as well as help ensure the compliance with applicable Laws and Regulations.

Responsibilities : 

• Lead audit engagements from the planning phase to the reporting phase to ensure deliver high-quality audit reports and timely completion of audit engagements.
• Perform internal audit or advisory engagements covering governance (relating to Head Office Platforms Operating Assets and SPVs etc.) and support functions (such as Finance Procurement IT Business Support Strategy Performance management etc.) with an objective to add value enhance efficiency and effectiveness of underlying processes and recommend best practices.
• Utilize advanced data analytics techniques to identify patterns trends and anomalies in financial and operational data as part of audit and advisory engagements.
• Prepare /review the Risk and Control Matrix (RCM) prior to the start of the fieldwork and in line with the project time plan and submit to the quality reviewer/ senior management for approval.
• Execute or supervise execution of all tests in accordance with approved RCM and within the agreed timelines.
• Identify and document the audit observations in the work papers.
• Perform regular supervisory review of the work papers prepared by assigned audit team members/ co-sourced service provider.
• Submit the draft audit report to senior management for review in line with the project time plan.
• Review the work and observations of assigned audit team members/ co-sourced service provider to assess if further examination of additional areas including technical aspects is needed for an accurate portrayal of the companys commercial health.
• Develop and submit work papers for review to quality reviewer.
• Develop audit preclosing presentation and present observations to auditee.
• Prepare draft audit reports to meet the desired quality and standards.
• Manage audit closing meetings ensure final reports meet the desired quality and standards and submit to the quality reviewer Director Internal Audit Assurance Governance and Support Services and Group Executive Director Internal Audit for final quality review and issuance.
• Ensure that work papers are complete and uploaded in the internal audit database/ software.
• Review work papers prepared by service providers for work completeness meeting the objectives and matching it against issues that are identified.
• Submit the draft issues to the line manager for review in accordance with the project time plan.
• Perform /review regular follow-up audit engagements on the due management actions agreed as part of the final audit reports.
• Submit the follow-up work including draft follow-up report to engagement lead/ quality reviewer.
• Ensure compliance to requirements of Continuous Monitoring mentioned within Masdar QAIP manual.
• Support the audit team in performing periodic self-assessments to validate its continued conformance with the Global Internal Audit Standards and Code of Ethics.
• Participate in the annual risk assessment exercise by meeting process owners and reviewing underlying documents to develop/ update risk registers and validate the same with process owners.
• Participate in development of Internal Audit Plan in line with the results of annual risk assessment exercise.
• Build and maintain a network of relevant contacts to support daily activities and long-term objectives of the team.
• Engage with and monitor relationships with internal and external stakeholders in order to ensure adequate knowledge transfer and completion of services as per agreed parameters.
• Manage client relationships on individual assignments and ensure achievement of targeted percentage on audit satisfaction survey issued after the completion of the audit.
• Prepare relevant reports and updates (Internal Audit Plan progress update Management/ ARCC update) as required and to the desired standard.
• Provide management information as and when required by the line manager this includes the production and timely provision of accurate reports in line with reporting schedules.
• Implement approved Internal Audit Department policies processes and procedures to ensure that work is carried out in a controlled and consistent manner while delivering a quality service to customers and stakeholders.

Qualifications :

Preferred Qualifications:

• CPA ACA ACCA ACAEW MBA Finance.
• Certification such as ACA ACCA ACAEW CPA or CIA is an asset.

Preferred Experience:

• At least 10 years of experience in audit and advisory roles with majority of the experience gained in Big 4 Audit Firms with specialization in corporate governance entity level reviews support function audits including but not limited to strategy performance management finance procurement business support IT etc.

Job-Specific Skills:

• Exceptional communication and interpersonal skills leading to a consultative approach within a corporate / multifunctional environment.
• Ability to manage cross-functional teams.
• Advanced IT skills including proficiency in data analytics tools and software such as Power BI audit based analytical tools AI tools and ERP.
• Good knowledge of and skill in providing advisory and audit engagements for large scale greenfield brownfield/ M&A project investment valuation financial due diligence and building investment cases.
• Strong analytical and critical thinking skills with the ability to interpret complex financial information and identify key insights.
• Proficiency in Microsoft Office Suite particularly Excel PowerPoint and Word as well as data visualization tools such as Power BI.
• Good knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors.
• Good knowledge of industry program policies procedures regulations and laws.

Additional Information :

Masdar is one of the worlds fastest growing renewable energy companies and a green hydrogen leader placing the UAE at the forefront of the energy transition.

As a pioneer in advancing the clean energy sector and a key enabler of the UAEs vision as a global leader in sustainability and climate action Masdar has developed projects in more than 40 countries across six continents and has invested or committed to invest in worldwide projects with a combined value of more than US$30 billion.

Masdar unites the UAEs three energy champions Mubadala ADNOC and TAQA and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.

Promoting innovation in solar wind energy storage waste-to-energy and geothermal energy Masdar has a proven record of delivering pioneeringprojects using cutting-edge clean energy technologies that are commercially viable and bankable.

As part of the application process we will collect store and process personal information about you.

Masdar will use your personal information in accordance with our Candidate Privacy Notice which provides details on the purposes for which your data is processed.