Role summary
Qiddiya Investment Company is seeking an experienced Associate Director - Procurement Compliance Audit to lead and manage procurement compliance and audit functions across the organization. This pivotal role focuses on ensuring procurement activities comply with company policies, legal frameworks, and industry best practices, thereby minimizing risks and promoting transparency and accountability. You will work closely with cross-functional teams to monitor procurement activities, investigate compliance issues, and facilitate corrective actions.
Responsibilities
- Lead and oversee procurement compliance audits to ensure adherence to policies and regulatory requirements
- Develop risk-based audit plans and strategies tailored to procurement functions
- Conduct detailed analysis of procurement processes, transactions, and controls
- Identify areas of non-compliance, inefficiencies, and potential fraud, and recommend corrective actions
- Collaborate with procurement and legal teams to update policies and procedures aligned with compliance objectives
- Prepare comprehensive audit reports and present findings to senior management and Qiddiya governance committees
- Support training and awareness programs promoting procurement compliance and ethical practices
- Stay current on relevant laws, regulations, and industry standards affecting procurement activities
Qualifications
- Bachelor's degree in Business Administration, Finance, Accounting, or a related field
- Master's degree or professional certification (CIA, CISA, CCAE, or equivalent) preferred
- Minimum of 13 years of experience in procurement compliance, audit, or internal control functions, preferably within large, complex organizations
- Strong knowledge of procurement regulations, compliance frameworks, and audit methodologies
- Proven experience conducting risk assessments and developing audit plans
- Excellent analytical, problem-solving, and investigative skills
- Ability to prepare clear, concise, and detailed audit reports
- Effective communication and stakeholder management skills to interact at all organizational levels
- High integrity, professionalism, and commitment to upholding ethical standards
- Familiarity with procurement systems and audit software tools is an advantage
Education
Bachelor's degree in Business Administration, Finance, Accounting, or a related field
Experience
Minimum of 13 years of experience in procurement compliance, audit, or internal control functions
Skills
- Procurement compliance audit management
- Risk assessment and evaluation
- Audit planning and strategy development
- Procurement process analysis
- Internal control assessment
- Fraud identification and investigation
- Audit reporting and presentation
- Stakeholder management
- Procurement regulations knowledge
- Audit software and systems proficiency
Education · Experience · Type
Bachelor'sRequires 13+ yearsSalary not stated