Associate Director - Procurement Compliance Audit

About the Role

Qiddiya Investment Company is in search of a seasoned Associate Director for Procurement Compliance Audit to lead and oversee procurement compliance and audit operations across the organization. This critical position ensures that all procurement activities align with internal policies, legal standards, and best industry practices, thus reducing risks and fostering transparency and accountability.

Key Responsibilities

• Direct and manage procurement compliance audits to guarantee compliance with organizational policies and regulatory standards.
• Create and execute risk-based audit strategies specifically designed for procurement functions.
• Perform comprehensive evaluations of procurement processes, transactions, and internal controls to detect irregularities or inefficiencies.
• Identify compliance failures, operational weaknesses, and potential fraudulent activities, proposing appropriate remedial measures.
• Work collaboratively with procurement and legal departments to update and maintain policies in line with compliance goals.
• Compile detailed audit reports and communicate findings effectively to senior management and governance committees.
• Assist in the development and delivery of training sessions to raise awareness of procurement compliance and ethical protocols.
• Remain well-informed about applicable laws, regulations, and industry standards influencing procurement practices.

Qualifications and Experience

• Possess a Bachelor's degree in Business Administration, Finance, Accounting, or a related discipline. Advanced degrees or certifications such as CIA, CISA, or CCAE are highly desirable.
• Have at least 13 years of substantial experience in procurement compliance, auditing, or internal control roles, ideally within sizable and complex organizations.
• Exhibit thorough understanding of procurement regulations, audit practices, and compliance frameworks.
• Demonstrate proven ability to conduct risk evaluations and formulate audit plans.
• Hold excellent analytical, investigative, and problem-solving capabilities.
• Be proficient in drafting clear, comprehensive audit documentation.
• Show strong communication skills and an ability to manage stakeholders at all organizational tiers.
• Maintain high ethical standards, integrity, and professionalism in work conduct.
• Familiarity with procurement systems and audit software enhances candidacy.

Benefits

Qiddiya offers a well-rounded compensation and benefits package aligned with industry standards.