Assistant Manager - Internal Audit Assurance

Job Description

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.