Posted 4 months ago
Assistant Manager - Procurement Compliance Audit
AI Summary
The Assistant Manager - Procurement Compliance Audit oversees procurement compliance audits at Qiddiya Investment Company, ensuring adherence to policies, regulations, and best practices while identifying risks and recommending improvements.
About this role
Qiddiya Investment Company is seeking a detail-oriented and experienced Assistant Manager - Procurement Compliance Audit to join our team. In this role, you will be responsible for overseeing and ensuring that procurement processes comply with internal policies, regulatory requirements, and industry best practices. You will play a critical role in maintaining transparency, integrity, and efficiency in the procurement activities across the company.
Your expertise will contribute to conducting thorough audits, identifying areas of non-compliance, and recommending improvements to strengthen procurement governance and risk management.
Responsibilities
- Plan, execute, and manage procurement compliance audits to evaluate adherence to company policies and regulatory standards.
- Review procurement contracts, purchase orders, and supplier agreements to ensure compliance and identify potential risks.
- Collaborate with procurement, finance, and legal teams to address audit findings and implement corrective actions.
- Develop and maintain procurement compliance frameworks, policies, and procedures.
- Monitor procurement processes for fraud, waste, and abuse, recommending mitigation strategies where applicable.
- Prepare comprehensive audit reports with findings, recommendations, and action plans for senior management.
- Stay current with changes in procurement laws, regulations, and industry standards to ensure organizational compliance.
- Support training and awareness programs related to procurement compliance and ethics.
Requirements
- Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
- 6+ years of experience in procurement audit, compliance, or related functions.
- Strong understanding of procurement processes, policies, and regulatory requirements.
- Experience conducting audits and preparing detailed reports on compliance and risk management.
- Analytical mindset with excellent attention to detail and problem-solving skills.
- Proficiency in audit and compliance management software and Microsoft Office Suite.
- Excellent communication and interpersonal skills, with the ability to collaborate across departments.
- Relevant certifications such as CICA, CISA, or CIA are a plus.
Benefits
Comprehensive benefits package
Skills
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