Assistant Manager - Internal Audit Assurance - Development and Value Creati at Masdar

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

30 Dec, 25

Salary

0.0

Posted On

01 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Internal Auditing, Accounting Principles, Management Principles, Communication Skills, Interpersonal Skills, Team Management, Risk Assessment, Quality Review, Financial Modelling, Business Development, Mergers & Acquisitions, Project Delivery, Asset Management, Operational QHSE, Consultative Approach, Client Relationship Management

Industry

Renewable Energy Power Generation

Description

Company Description Masdar is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. 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 lead/supervise individual development and value creation internal audit engagements, as part of the total internal audit plan in order to contribute to providing reasonable assurance that Masdar’s internal controls promote efficiency, effectiveness and reduce the risk of loss, as well as help ensure the compliance with laws and regulations. To Supervise follow-up audits, annual risk assessment and internal audit plan. Key Responsibilities : 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 / 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 area or related activities need to be reviewed in order to reflect a correct picture of the company’s commercial health. Review of subordinate’s work papers for work completeness, meeting the objectives, and matching it against issues identified. Review audit issues/ draft audit report received from the field auditors and determine if other area 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/ 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/ 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/Master’s degree in: Accounting /Finance/Economics/ Engineering CFA/ CPA/ACA CIA/CFE is an asset Preferred Experience: At least 8 years’ experience in progressively more senior roles in auditing/ advisory of Business Development & 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 / 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 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 world’s 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 UAE’s 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 UAE’s 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 pioneering projects 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.

Responsibilities

Lead and manage internal audit engagements to ensure efficiency and compliance with laws and regulations. Supervise audit teams, manage client relationships, and contribute to the development of operational business plans and KPIs.