Masdar
Develops and operates renewable energy projects
Manager – Internal Audit Quality and Excellence - IT Audits, Uaen
About the job
- At least 8 years of experience in progressively senior roles in information technology or operational technology auditing, business analysis, program evaluation, or equivalent experience.
- Experience with internal audits of corporate and business-unit processes.
- Exceptional communication and interpersonal skills to support a consultative approach in a corporate, multifunctional environment.
- Ability to manage cross-functional teams.
- Knowledge of and skill in applying internal auditing, accounting, management principles, and preferred business practices.
- Knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors.
- Knowledge of industry program policies, procedures, regulations, and laws.
- Lead and manage technical and non-technical assurance and consulting engagements from planning through reporting.
- Liaise with the Quality Reviewer to ensure that deliverables are quality reviewed before submission to process owners.
- Perform internal audit and advisory engagements covering Renewable Energy Portfolio Management at Head Office and Masdar Platforms.
- Use advanced data analytics techniques to identify patterns, trends, and anomalies in financial and operational data.
- Support development and delivery of annual operational business plans and key performance indicators for the unit, including performance monitoring and reporting.
- Prepare or review risk and control matrices before and during audit fieldwork and submit them for approval.
- Manage and execute audit engagements according to the engagement plan, develop working papers, document audit findings, and submit materials for quality review.
- Review field auditors’ work, issues, subordinate work papers, and draft audit reports for completeness, objective alignment, and coverage of related activities.
- Submit draft audit reports to senior management for review according to the project time plan.
- Manage auditee relationships and support achievement of audit satisfaction targets.
- Develop and implement action plans addressing improvement areas identified through audit satisfaction surveys.
- Upload or supervise the completion and uploading of work papers in the internal audit database or software.
- Supervise and monitor fieldwork performed by internal audit service-provider resources and review their draft output documents.
- Evaluate service-provider performance for each audit engagement and communicate concerns to the Line Manager or Executive Director of Internal Audit.
- Support follow-up audits and supervise assigned internal and external audit team members.
- Review work deliverables and submit reports to the Line Manager or Executive Director of Internal Audit for review and final issuance to management and the Audit, Risk and Compliance Committee.
- Ensure compliance with continuous-monitoring requirements in the Masdar Quality Assurance and Improvement Program manual.
- Perform periodic self-assessments to validate continued conformance with the International Professional Practices Framework Standards and Code of Ethics.
- Develop tools for implementing the Quality Assurance and Improvement Program across engagements.
- Oversee implementation of the Quality Assurance and Improvement Program by guiding the Internal Audit Team.
- Benchmark internal audit activities against leading practices and drive enhancements within the internal audit function.
- Select audit files and related documentation for quality reviews using a risk-based approach.
- Perform quality-assurance reviews of audit reports, issue memoranda, and engagement files for compliance with internal audit policies and procedures; provide feedback and identify training needs.
- Arrange external third parties for mandatory quality-assurance reviews of the internal audit department and facilitate external assessors.
- Present self-assessment and external-assessment results to the Director of Internal Audit Quality Advisory.
- Work with the Department Head to promote the internal audit function through advisory engagements.
- Identify advisory engagement opportunities with management and support delivery of those engagements.
- Perform advisory engagements in accordance with internal audit standards.
- Develop control-assessment checklists to help auditors perform audits efficiently, including audits of projects under construction and operations locally and internationally.
- A bachelor's degree in business, computer science, information systems, management information systems, or a related field from an accredited college or university, or equivalent.
- Certification as a Certified Information Systems Auditor, Certified Information Systems Security Professional, Certified Internal Auditor, or Certified Risk and Internal Controls is an asset.
- Experience with internal auditing of information technology or operational technology, business analysis, or program evaluation.
About the company
Masdar traces its work across renewable energy and sustainable urban development. It develops, finances, and operates renewable energy projects such as wind and solar, while also pursuing low-carbon urban initiatives. It generates revenue from selling electricity, providing consultancy services, and forming partnerships, operating on a global stage with projects across continents. Its business model blends project development, financing, operation, and clean technology innovation, and it hosts Abu Dhabi Sustainability Week to convene leaders on sustainability. Masdar differentiates itself through its integrated approach to energy and urban development, its Abu Dhabi origin, and its role as a catalyst for global-scale, public-private collaborations in renewables. Its goal is to accelerate the worldwide transition to sustainable energy and low-carbon living.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$6.7B
Headquarters
Abu Dhabi, United Arab Emirates
Founded
2006
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Simplify's Take
What believers are saying
- Čibuk 2 started September 2026, expanding Serbia's largest wind hub to 312MW.
- Rochdale began operations August 2026, advancing Masdar's £1 billion UK storage pipeline.
- September 2026 Azerbaijan deals add 350MW solar expansion, 200MWh storage, and 100MW RTC.
What critics are saying
- The $6.1 billion Abu Dhabi RTC project concentrates execution risk in 2026-2028.
- German offshore wind auctions in 2027 expose Masdar to subsidy cuts and fierce competition.
- A failed mega-project or financing shock would damage Masdar's 100GW-2030 credibility.
What makes Masdar unique
- Abu Dhabi-backed capital lets Masdar finance gigascale projects like July 2026 RTC Abu Dhabi.
- It operates across solar, wind, offshore wind, and battery storage in 40-plus markets.
- State relationships with RWE, SOCAR Green, and AGEC unlock government-backed market entry.
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Benefits
Health Insurance
401(k) Retirement Plan
Remote Work Options
Flexible Work Hours
Paid Vacation
Marketing?
Growth & Insights and Company News
6 month growth
↑ 23%1 year growth
↑ 23%2 year growth
↑ 26%Masdar, Taaleri Energia open 154MW Čibuk 2 wind farm in Serbia. The Čibuk 1 and 2 wind farms aim to boost renewables, supplying clean power to nearly 178,800 households annually. Masdar and Taaleri Energia have inaugurated the Čibuk 2 wind farm with 154MW of capacity in Serbia's South Banat region, approximately 40km from Belgrade. The project brings the combined installed capacity of the adjacent Čibuk 1 and 2 wind farms to 312MW. These two projects together represent more than $576m (€500m) in foreign direct investment in Serbia's energy sector. The combined generation is expected to provide clean electricity for approximately 178,800 households. The inauguration event took place in Belgrade and was attended by senior government officials including the Serbian Minister of Mining and Energy, Dubravka Đedović Handanović, the United Arab Emirates Ambassador to Serbia and the Deputy Ambassador of Finland. Handanović said: "The completion of Wind Park Čibuk 2 makes a significant contribution to Serbia's efforts to decarbonise its energy system while increasing its energy independence. "The two wind power plants developed by Masdar in Serbia, with a total installed capacity of 312MW, currently account for around 25% of Serbia's combined wind and solar power capacity." Čibuk 2, which is equipped with 22 Nordex turbines, is projected to deliver up to 336,000MW-hours of electricity each year, meeting the annual needs of around 80,000 homes. Its operation is forecast to avoid approximately 311,200t of carbon dioxide emissions per year. More than 1,000 people, mainly from the South Banat area, were involved in construction, subcontracting and project management roles at Čibuk 2. Ownership of the wind farm is split equally between Masdar and Taaleri Energia, with development carried out in partnership with New Energy Solutions. Masdar's regional development pipeline includes more than 200MW of additional projects across solar, wind and battery storage technologies. Serbia aims to install around 3.5GW of new wind and solar capacity by 2030, with a government target of generating 45% of its electricity from renewables within the same time frame. In July 2026, Masdar reached financial close on the world's first giga-scale, round-the-clock renewable energy project, with a total investment of $6.1bn (Dh22.4bn). Give your business an edge with its leading industry insights.
Masdar launches largest wind farm complex in Serbia after $5.8 billion agreement in Germany Two steps in one week sum up the Emirati company's strategy in Europe: operating a completed wind farm complex in the Balkans, and a preliminary understanding that opens the door to larger investments in the heart of the continent. Dubravka Đedović Handanović, Serbia's minister of mining and energy, and Ahmed Al Menhali, the UAE ambassador to Serbia, during the inauguration ceremony of the Čibuk 2 plant (WAM) Abu Dhabi Future Energy Company (Masdar), in cooperation with Finnish company Taaleri Energia, inaugurated the Čibuk 2 wind farm in Serbia with a capacity of 154 MW, raising the total capacity of the Čibuk complex to 312 MW, making it the largest wind farm complex in Serbia and the Western Balkans region, according to the two companies. The project gives Serbia, an EU membership candidate, a cheaper and more stable local source of electricity at a time when it seeks to reduce its dependence on coal and limit its exposure to fluctuations in imported fuel prices. As for Masdar, the project is not an isolated event but part of a broader pattern: the company is building up its presence in Eastern and Central Europe as a prelude to entering larger and more competitive markets such as Germany, as part of its effort to raise its global portfolio from 65 GW currently to 100 GW by 2030. 312 MW enhances Serbian energy security Čibuk 2 alone is expected to produce up to 336,000 MWh of electricity annually, enough to cover the needs of about 80,000 homes and avoid the emission of about 311,200 tons of carbon dioxide annually, according to estimates by the two companies. The plant includes 22 wind turbines manufactured by the German company Nordex, while the project's implementation during the construction phase provided more than 1,000 job opportunities, most of them for residents of the South Banat region. Dubravka Đedović Handanović, Serbia's minister of mining and energy, said: "The completion of the Čibuk 2 plant represents an important step in Serbia's efforts to reduce emissions in the energy sector and enhance energy security." She added that the total capacity of Masdar's two projects in the country is equivalent to about 25% of Serbia's total current wind and solar power capacities. Serbia aims to increase its solar and wind power capacities by about 3.5 GW by 2030, and raise the share of renewable energy sources to 45% of total electricity supply during the same period. Expansion in Europe Mohamed Jameel Al Ramahi, CEO of Masdar, told the Emirates News Agency (WAM): The inauguration of the Čibuk 2 project represents an important milestone in the framework of expanding our projects in Serbia, and confirms our ability to implement quality projects with high efficiency and in record time. For his part, Kai Rintala, CEO of Taaleri Energia, added: With the entry of the Čibuk 1 and Čibuk 2 plants into operation, the Čibuk wind farm complex has become the largest of its kind in Serbia and the Western Balkans region. Masdar's portfolio under development in Serbia exceeds 200 MW, including solar and wind power projects and energy storage systems, within a global portfolio whose production capacity exceeds 65 GW. The company aims to reach 100 GW by 2030, with increasing focus on offshore wind and energy storage projects in European markets. The inauguration of Čibuk 2 comes at a time when Masdar is expanding its investments in European energy markets. On September 11, the company agreed with Germany's Luxcara, an energy infrastructure investor, to explore opportunities for joint investment in energy storage and offshore wind in Germany and other markets, with a value exceeding five billion euros ($5.8 billion), according to Reuters. The two companies signed a memorandum of understanding to establish a strategic partnership between them.
RWE, Masdar explore €3 billion German offshore wind investment as ADNOC advances future LNG supply agreements. 15th September 2026 RWE has signed two agreements with UAE-based energy companies during the state visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to Germany, covering potential offshore wind investments in Germany and future LNG supplies to European and Asian markets. The agreements include a Memorandum of Understanding (MoU) between RWE and Abu Dhabi Future Energy Company PJSC - Masdar on offshore wind, and a Letter of Intent (LOI) between RWE and ADNOC on potential long-term LNG supplies. The agreements are aimed at strengthening energy cooperation between Germany and the UAE while supporting renewable energy development and energy security in Germany and Europe. RWE and Masdar explore German offshore wind opportunities. Under the MoU, RWE and Masdar intend to explore joint participation in German offshore wind auctions scheduled for 2027. The proposed collaboration has an indicative investment value of more than €3 billion. The agreement builds on the companies' existing offshore wind partnership and could further expand Masdar's investments in Germany's energy sector. RWE and Masdar currently jointly operate and develop offshore wind projects in the UK with a combined capacity of 3.6 GW. Their partnership includes the London Array offshore wind farm, which has been operational since 2013 with a capacity of more than 600 MW. The companies have also partnered on the Dogger Bank South offshore wind projects in the UK, comprising the East and West projects with a combined planned capacity of 3 GW. Earlier this year, RWE and Masdar secured Contracts for Difference for the Dogger Bank South projects under the UK Government's Allocation Round 7. Dr Markus Krebber, CEO of RWE AG, said offshore wind would play an important role in Europe's energy security and decarbonization efforts, adding that partnerships would be important for developing Germany's offshore wind potential. Masdar CEO Mohamed Jameel Al Ramahi said the company's experience across offshore wind projects in the UK and Europe would support its efforts to explore new opportunities in Germany with RWE. RWE and ADNOC Advance LNG Supply Discussions. Separately, RWE Supply & Trading and ADNOC signed a Letter of Intent covering potential long-term LNG supply agreements. The companies intend to agree on terms for up to two LNG sale and purchase agreements. The potential contracts would cover LNG deliveries to Germany and other European markets, as well as Asian markets. The proposed supplies would come from ADNOC Gas' and XRG's growing LNG portfolio, including projects in Ruwais, Das, Rio Grande, Mozambique and Argentina. Deliveries are expected to begin in the early 2030s, subject to the conclusion of definitive agreements. The LOI builds on discussions under the Strategic Collaboration Agreement signed between RWE and ADNOC in February. RWE said the potential LNG arrangements would support the diversification of its global LNG portfolio while contributing to security of supply in Germany and Europe. UAE-Germany energy cooperation. His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Chairman of Masdar, said the agreements reflect the UAE and Germany's growing cooperation in energy security, industrial development and clean energy. The UAE has also indicated plans to invest an additional €40 billion in Germany, highlighting the broader investment relationship between the two countries. The latest agreements bring together cooperation across both renewable energy and conventional energy supply, with offshore wind supporting Germany's long-term decarbonization goals and LNG potentially contributing to energy security and supply diversification. RWE said it will continue working with Masdar and ADNOC to develop the commercial frameworks for the proposed offshore wind and LNG opportunities.
Masdar, Taaleri Energia inaugurate 154MW ibuk 2 wind project in Serbia. WAM 15 Sep 2026, 00:47 GMT+ BELGRADE, 14th September, 2026 (WAM) - Abu Dhabi Future Energy Company PJSC - Masdar and Taaleri Energia, a Finnish renewable energy fund manager, today inaugurated the 154-megawatt (MW) ibuk 2 wind farm, creating the largest wind power hub in Serbia and the Western Balkans. ibuk 2 sits alongside the 158MW ibuk 1 wind farm in Serbia's South Banat region, around 40km from Belgrade. Together, the two projects have a total installed capacity of 312MW, providing enough clean electricity to power around 178,800 households. The combined projects represent more than 500 million of foreign direct investment in Serbia's energy infrastructure. The wind farm was inaugurated at a ceremony in Belgrade attended by HE Dubravka edovi Handanovi, Minister of Mining and Energy, Republic of Serbia, HE Ahmed Almenhali, Ambassador of the United Arab Emirates to the Republic of Serbia, Ms. Elina Ollila, Deputy Ambassador of Finland to the Republic of Serbia, and the leadership of Masdar and Taaleri Energia. As Serbian electricity demand grows, ibuk 2 will deliver dependable, competitively priced, domestically generated power for decades, reducing exposure to fuel price volatility and supporting a more resilient, diversified energy system. Beyond the operational ibuk complex, Masdar has a Serbian development pipeline of more than 200MW spanning solar, wind and battery storage projects. Serbia offers significant long-term growth potential, with plans to bring around 3.5 gigawatts (GW) of new wind and solar capacity online by 2030 and to achieve 45 percent of electricity generation from renewables in the same timeframe. Dubravka edovi Handanovi, Minister of Mining and Energy, Republic of Serbia commented: "The completion of Wind Park ibuk 2 makes a significant contribution to Serbia's efforts to decarbonize its energy system while increasing its energy independence. The two wind power plants developed by Masdar in Serbia, with a total installed capacity of 312 MW, currently account for around 25 per cent of Serbia's combined wind and solar power capacity. Over the years, Masdar's presence has been a major driver in the development of wind energy capacity in Serbia. Wind Park ibuk 1 marked an early phase in the development of Serbia's wind energy capacity, while ibuk 2 is a standout project in a more mature and dynamic phase of the market. Masdar has proved to be a reliable partner in the renewable energy sector. We hope to continue our cooperation on new projects in the future and to further strengthen our efforts to achieve the sustainable decarbonisation of Serbia's energy sector." Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar commented: "Today marks a significant milestone for Masdar's presence in Serbia and demonstrates our ability to deliver complex projects at speed and at competitive cost. Alongside our partners here in Serbia, we are providing the high-quality energy infrastructure needed to strengthen energy security and drive sustainable economic growth. With over 300MW now installed at the ibuk hub and a strong pipeline for growth in Serbia, we are creating a platform for greater expansion across the wider region and Central and Eastern Europe." Kai Rintala, Managing Director, Taaleri Energia commented: "ibuk 2 reflects Taaleri Energia's long-term commitment to the region. With ibuk 1 and ibuk 2 now operating together as the largest wind hub in Serbia and the Western Balkans, we have shown that our dedicated investment expertise and disciplined project execution bring lasting value to local communities and to Serbia's energy transition. The experience we have built here underpins our ambition to grow a broader portfolio across Eastern Europe, and we look forward to developing our capabilities further in the years ahead" During construction of ibuk 2, more than 1,000 people were engaged across the workforce, subcontractors and project management, the majority of them local to the South Banat region. Comprising 22 Nordex turbines, ibuk 2 will generate up to 336,000 megawatt-hours (MWh) of clean electricity annually, enough to power around 80,000 homes, while avoiding approximately 311,200 tonnes of carbon dioxide emissions each year. The wind farm is 50/50 owned by Masdar and Taaleri Energia and was developed in partnership with New Energy Solutions. Masdar has built one of the world's leading renewable energy portfolios, with more than 65GW of capacity across established and high-growth renewable energy markets, spanning technologies including solar, onshore wind, offshore wind, battery storage and hybrid solutions. With a clear pathway to 100GW of energy capacity by 2030, Masdar continues to expand through disciplined investment in strategic markets, delivering reliable, affordable clean power to meet rapidly growing electricity demand while supporting energy security and economic growth.
Masdar plans bigger Azerbaijan solar project, battery storage and 24-hour clean power. New plans include 350MW solar expansion and a 100MW round-the-clock project Last updated: September 15, 2026 | 15:13 Dubai: Masdar is looking to expand its renewable energy footprint in Azerbaijan with a larger solar project, battery storage and a new round-the-clock power development, while a separate 315MW solar project has reached financial close. Get updated faster and for FREE: Download the Gulf News app now - simply click here. The Abu Dhabi Future Energy Company signed a collaboration agreement with Azerbaijan Green Energy Company to explore several new projects, including an expansion of its existing Garadagh Solar PV development by at least 350MW. The plans also include a battery energy storage system of up to 200MWh and a separate 100MW round-the-clock renewable energy project. The agreement was signed during the visit of Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, in the presence of Azerbaijan President Ilham Aliyev. Garadagh could become much larger. Masdar's existing Garadagh Solar PV project has a capacity of 230MW and was inaugurated in 2023. SPONSORED LINKS BY PROJECT AGORA The proposed expansion would add a minimum of 350MW, alongside battery storage designed to increase flexibility in how renewable electricity is supplied. Garadagh currently generates around 500 million kilowatt-hours of electricity each year, enough to power more than 110,000 homes. This agreement with AGEC gives us the opportunity to build on that track record by expanding the project, integrating battery storage and exploring round-the-clock renewable power. By combining our development, technical and operational expertise, we aim to deliver reliable, flexible energy solutions that support Azerbaijan's growing power needs. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar 24-hour renewable power also being explored. Masdar and AGEC will also study a 100MW round-the-clock renewable energy project in Nakhchivan. The development would draw on Masdar's experience with a similar project in Abu Dhabi, where the company is working with Emirates Water and Electricity Company on a $6.1 billion renewable power development. That project combines 5.2GW of solar capacity with a 19GWh battery energy storage system and is designed to deliver up to 1GW of baseload renewable power around the clock. It reached financial close in July 2026. 315MW project reaches financial close. Masdar and SOCAR Green also announced financial close for the 315MW Neftchala Solar PV project, which they are developing with Azerbaijan's Ministry of Energy. Financing is being provided by the Asian Infrastructure Investment Bank, the European Bank for Reconstruction and Development and the Asian Development Bank. The project is expected to generate more than 686 million kilowatt-hours of renewable electricity annually, enough to power around 140,000 homes, while avoiding approximately 280,000 tonnes of carbon emissions each year. Masdar is also developing the 445MW Bilasuvar solar project and the 240MW Absheron-Garadagh onshore wind project with SOCAR Green. Those developments, together with its other investments, take Masdar's total renewable energy capacity in Azerbaijan to more than 1.2GW.