Contract Performance Review Manager

BACKGROUND, SKILLS & QUALIFICATIONS

• 7-9 years of experience in Audit, Contract Performance Review or other compliance functions.

• Required experience:

• Advanced understanding of Contract Performance Management and Risk management concepts & techniques

• Experience of supporting engagement with External Auditors and integrating the work of Internal Audit with other Lines of Defense in an organization.

• Experience in one or more of the following business functions: shared service operations, compliance, finance, legal and IT.

• Experience in internal audit practices, principles & procedures, delivery of integrated audits, corporate governance requirements and the ability to work in a fast paced, globally significant start up organization.

• Experience of being involved in the successful use of technology to automate the operations of an internal audit function to provide a more efficient and effective function.

• Strong speaking, presentation, mathematical, analytical, communication (written and oral), time management and decision-making skills.

• Self-starter and ability to manage time and meet deadlines with little supervision in a fast moving and multi- cultural organization.

• Has led multiple teams, and managed co-source partners.

• Knowledge of risk assessment models, auditing standards, reporting procedures, delivery of integrated audits and delivery of integrated audits.

• Preferred/ recommended experience:

• Contract Performance Management

• Certifications in the following areas are an advantage:

• Accounting Standards – IFRS

• Understanding of core standards relevant to NEOM

• Property, Plant and Equipment – IAS 16

• Impairment – IAS 36

• Revenue recognition – IFRS 15

• Consolidation – IFRS 10

• Joint venture accounting – IFRS 11

• Construction accounting – IAS 11

• Qualifications sought

• Bachelor's degree or master's degree or equivalent qualification.

• Professional qualification in Internal Audit CIA/CFE/CISA certification and/or CPA/ACA etc. professional accounting qualification

• Professional qualification CIA is preferred

• Additional Project/ Program Management (e.g. Prince2/ APMP) or equivalent certifications

KEY ACCOUNTABILITIES & ACTIVITIES

Technical Audit Skills

• Ability to review contracts and comprehend their Terms and Conditions to assess the performance level.

• Maintains current knowledge of the IPPF, and technical applicability into relevant audits.

• Adopts a risk based approach in accordance with The IPPF for annual audit plan, makes adjustments when needed

• Ensures effective delivery of comprehensive audits of central functions, such as HR, Legal, IT, Procurement, etc. Subsidiaries and Joint Ventures, to assess compliance with policies, procedures, and regulatory requirements.

• Ensures effective delivery of comprehensive audits of central functions, such as HR, Legal, IT, Procurement, etc. Subsidiaries and Joint Ventures, to assess compliance with policies, procedures, and regulatory requirements.

• Performs in-depth financial audits of various finance components including budgeting, forecasting, financial reporting, treasury operations, etc., to ensure accuracy and integrity of financial information.

• Identifies control weaknesses or process inefficiencies within central functions or finance components and provide recommendations for improvement

• Supports updates to NIA Charter and Audit Methodology.

• Supports NIA’s Quality Assurance Improvement Program (QAIP).

• Evaluate the potential for fraud and how the organization detects and manages fraud risks; recommend controls to prevent and detect fraud and educate to improve the organization’s fraud awareness.

Management And Oversight

• Analyzes own strengths and weaknesses to maximize personal contribution to the organization

• Anticipates and responds sensitively to staff problems, concerns and questions

• Strives for quality and excellence and encourages others to do the same

• Ensures effective team working by providing leadership, performance guidance, and support to NIA junior audit team members through coaching, feedback, and mentoring.

• Participates in on-going IA projects to identify various business risks and non-compliance.

• Performs real-time reviews of the audit team deliverables and provide constructive feedback as and when necessary

• Ensures that audit methodology and best practices are adhered to during the execution of audits and projects.

• Role model NEOM Values demonstrating effective leadership to all NIA team members.

• Understands and proactively manages IA leading practices and supports the evolvement of NIA into a world-class audit function.

• Provides opportunities and proactive input in the development and career needs of others

• Demonstrates strategic understanding of organizational context through thorough understanding of internal and external issues that can impact the organization and its objectives.

• Manages and develops staff aligning audit deliverables with individual objectives.

• Manages resource (including co-source) to deliver to budget and quality

• Supports the Director and Senior Manager by performing any other related activities (e.g. special projects, department initiatives, due diligence, etc) to provide additional assurance as and when required.

Ownership And Drive

• Identifies and monitors lessons learned and best practices and serve as a focal point for Knowledge Management and information retrieval in support of effective working relationships; look for opportunities to share ideas and best-practices among colleagues and teams.

• Shows a wide range of hard and soft skills, including high attention to detail, financial and business acumen, and integrity.

• Collaborates with stakeholders to develop action plans addressing audit findings and monitor their implementation.

• Brief’s NIA team of forthcoming IFRS changes

• Liaisons with External Auditors

• Follows up with management to ensure that management actions have been effectively implemented.

• Understands audit/accounting issues raised by External Auditor and feeding into NIA Audit Planning and individual audit scopes.

Working at NEOM Pace

• Creates a dynamic environment for real-time knowledge generation and sharing, including initiatives to maximize NIA knowledge utilization.

• Maintains, develops, and broadens awareness of issues, trends, and needs, and engage in dialogue and exchange of information with colleagues to mitigate/address challenges and problems.

• Able to deliver at pace and produce appropriate and timely outputs when confronted by obstacles, delays, competing priorities, and tight deadlines.

Digital Skills

• Seeks and justifies opportunities for continuous improvement

• Initiates and manages change within sphere of responsibility.

• Identifies the risks associated with change and adapts audit activity to manage the risks

• Engages with internal and external expertise to integrate prevailing and emerging technologies to provide real-time, low-effort intelligence.

• Takes ownership of upskilling self and team members and to drive efficiency and insight in audit delivery through application of technology.

• Demonstrates awareness and appropriate application of existing and emerging digital technologies, capabilities, and practices.

Departmental Leadership

• Ensures effective team working by providing leadership and guidance to the NIA team through agreement of the annual Development Plan, ongoing coaching, feedback and mentoring.

• Acts as a role model, living the NEOM values and demonstrating effective leadership to all team members.

• Balances diplomacy with assertiveness

• Shows resilience in difficult situations to push through resistance and then work with people in a constructive manner

• Uses a range of strategies to build active consensus and support

• Active participation and shaping of new ways of working and projects to support NIA to raise its profile and demonstrate the value provided within and outside NEOM.

• Supports NIA leadership grow the NIA function by integrating different elements of work to deliver change, and improvement into offerings and products used by NIA in delivering Audits.