Local Real Estate Investments Audit Senior Associate

JOB PURPOSE

To contribute to the review and appraisal of the soundness, adequacy, and compliance of the Public Investment Fund’s (PIF) Local Real Estate Investments, and areas in ISEI, COS, GCFD, NDD, Investment Operations’ operations and processes to ensure delivery of best-in-class assurance activities, safeguard PIF’s interests, and facilitate operational effectiveness.

KEY ACCOUNTABILITIES

Specialized Accountabilities:

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Contribute to the development and implementation of a risk-based internal audit plan for PIF’s Local Real Estate (LRE) Investments considering the associated risks, by participating in IA planning activities.

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Collaborate on assigned engagements (covering LRE Investments, Project Management related controls and areas in ISEI, COS, GCFD, NDD, Investment Operations)) independently delivering high-quality and timely fieldwork for the allocated areas and seeking support and guidance from the Engagement Lead (EL) on more complex areas, as required.

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Perform integrated (engaging with Digital & Technology (D&T) and Business Operations teams as appropriate) as well as targeted audit reviews in accordance with a risk-based audit plan.

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Contribute to delivering elements of the engagement planning and reporting processes to support ELs in fulfilling their responsibilities (as delegated).

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Prepare regular updates for the EL on the progress of their allocated areas of engagement, promptly raising significant findings, proactively coordinating EL file reviews, and taking corrective actions to address issues impacting the engagement, where appropriate.

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Contribute to the observation closure validation activities within assigned timeframes.

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Collaborate on conformance with the applicable technology audit standards and requirements issued by governing bodies, policies, and procedures designed to guide the operations of the Internal Audit Division and applicable laws and regulations.

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Contribute to building relationships with LRE Investments Audit stakeholders to enable effective knowledge sharing within the IA Division to enhance the team’s capabilities and practices.

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Perform all relevant activities in line with the Division’s policies and procedures, including the IA Manual and the Delegation of Authority, and ensure that QAIP feedback is appropriately addressed.

Common Accountabilities:

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Implement operational excellence improvement initiatives and propose improvements on systems, processes, and practices taking into account international leading practices, in order to continuously enhance the organizational effectiveness and business performance.

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Support the development of policies, systems, processes, procedures, and controls as requested or propose relevant enhancements as needed, ensuring alignment and adherence to any relevant compliance, risk, audit, cybersecurity, and regulatory requirements.

QUALIFICATIONS

Education: Bachelor’s in Audit, Accounting, Finance, Business, or any other relevant discipline.

Years of Experience: 5 years of experience in a relevant field.

Preferred Professional Certificates: Any relevant certification such as Certified Internal Auditor (CIA), Chartered Professional Accountant (CPA), IIA Internal Audit Practitioner, or Certified Fraud Examiner (CFE), etc.