Senior Manager - Procurement Compliance Audit

Reposted 19 Days Ago
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Riyadh, SAU
In-Office
Expert/Leader
News + Entertainment • Real Estate • Sports • Hospitality
The Role
The Senior Manager oversees procurement compliance audits, ensuring adherence to policies and regulations, improving processes, and collaborating with stakeholders for compliance culture.
Summary Generated by Built In

The Senior Manager - Procurement Compliance Audit is responsible for overseeing and managing the procurement compliance audit processes to ensure all procurement activities adhere to organizational policies, regulatory requirements, and risk management standards. This role involves planning, executing, and reporting on internal audits within the procurement function, identifying areas for improvement, and implementing corrective actions. The Senior Manager will collaborate closely with internal stakeholders to promote a strong culture of compliance and transparency across procurement operations.

Key Responsibilities:

1. Audit Management:

·       Plan and conduct procurement compliance audits according to established audit methodologies and standards.

·       Identify compliance gaps, operational risks, and process inefficiencies within procurement activities.

·       Prepare detailed audit reports and present findings to senior management with actionable recommendations.

·       Monitor implementation of corrective actions and track improvements over time.

2. Compliance Monitoring:

·       Ensure procurement activities comply with local regulations, company policies, and best practices.

·       Support the development and maintenance of procurement compliance frameworks.

·       Liaise with regulatory bodies and internal governance teams as needed.

3. Stakeholder Collaboration:

·       Work collaboratively with procurement, finance, legal, and other departments to ensure alignment on compliance requirements.

·       Provide guidance and support to procurement teams regarding compliance standards and audit expectations.

4. Continuous Improvement:

·       Identify opportunities to enhance audit processes and procurement compliance programs.

·       Contribute to policy updates and compliance training initiatives within procurement.


Requirements

·       Minimum of 10 years of experience in procurement compliance, internal audit, or related functions.

·       Bachelor’s degree in Business, Finance, Accounting, Law, or a related discipline; advanced degrees or professional certifications (CIA, CISA, CRCM) are preferred.

·       Strong understanding of Saudi Arabian procurement regulations and compliance standards.

·       Proven experience conducting procurement or operational audits within complex organizations.

·       Excellent analytical, communication, and report-writing skills.

·       Ability to influence and collaborate with cross-functional teams effectively.

·       Fluency in English is required; proficiency in Arabic is an advantage.


Benefits

Comprehensive benefits package

Skills Required

  • Minimum of 10 years of experience in procurement compliance, internal audit, or related functions
  • Bachelor's degree in Business, Finance, Accounting, Law, or a related discipline
  • Advanced degrees or professional certifications (CIA, CISA, CRCM)
  • Strong understanding of Saudi Arabian procurement regulations and compliance standards
  • Proven experience conducting procurement or operational audits within complex organizations
  • Excellent analytical, communication, and report-writing skills
  • Ability to influence and collaborate with cross-functional teams effectively
  • Fluency in English is required; proficiency in Arabic is an advantage
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The Company
HQ: Riyadh
Year Founded: 2018

What We Do

Qiddiya Investment Company is a PIF-owned entity responsible for developing Qiddiya City, the world's first city built for play, aiming to boost economic growth and elevate quality of life in Saudi Arabia through entertainment, sports, and culture.

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