Assistant Manager - Procurement Compliance Audit

About the Role

Qiddiya Investment Company seeks a meticulous and seasoned Assistant Manager specializing in Procurement Compliance Audit. This position entails supervising procurement activities to ensure strict adherence to internal policies, applicable laws, and industry-leading standards. The role emphasizes promoting transparency, integrity, and operational efficiency throughout the company's procurement operations.

Key Responsibilities

• Plan, lead, and conduct audits assessing procurement compliance with corporate policies and regulatory frameworks.
• Examine contracts, purchase orders, and supplier agreements to detect compliance issues and potential risks.
• Work closely with procurement, finance, and legal departments to resolve audit discrepancies and implement remedial measures.
• Create and sustain compliance structures, policies, and procedures pertinent to procurement.
• Oversee procurement workflows to identify and mitigate fraud, waste, or misuse of resources.
• Compile detailed audit documentation including findings, advice, and corrective action proposals for executive review.
• Keep abreast of evolving procurement legislation and industry trends to maintain compliance.
• Contribute to educational initiatives focused on procurement compliance and ethical practices.

Qualifications and Requirements

• A bachelor’s degree in Business Administration, Finance, Accounting, or a related discipline.
• Minimum of six years experience in procurement auditing, compliance, or similar fields.
• In-depth knowledge of procurement operations, policy frameworks, and regulatory guidelines.
• Proven expertise in carrying out audits and producing comprehensive compliance and risk evaluations.
• Strong analytical capabilities accompanied by precise attention to detail and adept problem-solving.
• Familiarity with audit and compliance software in addition to proficiency in Microsoft Office applications.
• Excellent communication and teamwork skills to effectively interact across departments.
• Professional certifications such as CICA, CISA, or CIA are advantageous.

Compensation & Benefits

The company offers a thorough benefits package to support its employees.