Associate Director - Procurement Compliance Audit

Overview

• Qiddiya Investment Company is seeking an experienced Associate Director - Procurement Compliance Audit to lead and manage the procurement compliance and audit functions across the organization.
• This pivotal role focuses on ensuring that procurement activities comply with company policies, legal frameworks, and industry best practices, thereby minimizing risks and promoting transparency and accountability.
• In this role, you will develop and implement audit strategies, conduct risk assessments, and review procurement processes to identify gaps and recommend improvements.
• You will work closely with cross-functional teams to monitor procurement activities, investigate compliance issues, and facilitate corrective actions to ensure adherence to established standards.
• The Associate Director will also be responsible for reporting audit findings to senior management and stakeholders, contributing to continuous process enhancements, and fostering a culture of compliance within the organization.
• Key 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.

Requirements

• Bachelor’s degree in Business Administration, Finance, Accounting, or a related field; a Master’s degree or professional certification (CIA, CISA, CCAE, or equivalent) is 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.

Benefits