Assistant Manager - Procurement Compliance Audit

Role Overview

Assistant Manager - Procurement Compliance Audit at Qiddiya Investment Company. This role oversees procurement compliance across the organization, ensuring adherence to internal policies, regulatory requirements, and industry best practices while maintaining transparency, integrity, and efficiency in procurement activities.

Role Purpose

Conduct thorough procurement audits, identify areas of non-compliance, and recommend improvements to strengthen procurement governance and risk management across the company.

Key Responsibilities

Audit Planning & Execution

• Plan, execute, and manage procurement compliance audits to evaluate adherence to company policies and regulatory standards.
• Conduct thorough review of procurement contracts, purchase orders, and supplier agreements to ensure compliance and identify potential risks.
• Prepare comprehensive audit reports with findings, recommendations, and action plans for senior management.

Compliance & Risk Management

• Monitor procurement processes for fraud, waste, and abuse, recommending mitigation strategies where applicable.
• Develop and maintain procurement compliance frameworks, policies, and procedures.
• Stay current with changes in procurement laws, regulations, and industry standards to ensure organizational compliance.

Stakeholder Collaboration

• Collaborate with procurement, finance, and legal teams to address audit findings and implement corrective actions.
• Support training and awareness programs related to procurement compliance and ethics.

Qualifications & Experience

• 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.
• Relevant certifications such as CICA, CISA, or CIA are a plus.

Skills & Competencies

• 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.

Additional Information

• Comprehensive benefits package.