Associate Director - Procurement Compliance Audit

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 ResponsibilitiesLead and oversee procurement compliance audits to ensure adherence to policies and regulatory requirementsDevelop risk-based audit plans and strategies tailored to procurement functionsConduct detailed analysis of procurement processes, transactions, and controlsIdentify areas of non-compliance, inefficiencies, and potential fraud, and recommend corrective actionsCollaborate with procurement and legal teams to update policies and procedures aligned with compliance objectivesPrepare comprehensive audit reports and present findings to senior management and Qiddiya governance committeesSupport training and awareness programs promoting procurement compliance and ethical practicesStay current on relevant laws, regulations, and industry standards affecting procurement activitiesRequirementsBachelor's degree in Business Administration, Finance, Accounting, or a related field; a Master's degree or professional certification (CIA, CISA, CCAE, or equivalent) is preferredMinimum of 13 years of experience in procurement compliance, audit, or internal control functions, preferably within large, complex organizationsStrong knowledge of procurement regulations, compliance frameworks, and audit methodologiesProven experience conducting risk assessments and developing audit plansExcellent analytical, problem-solving, and investigative skillsAbility to prepare clear, concise, and detailed audit reportsEffective communication and stakeholder management skills to interact at all organizational levelsHigh integrity, professionalism, and commitment to upholding ethical standardsFamiliarity with procurement systems and audit software tools is an advantageBenefitsOffering a comprehensive compensation and benefits package.