Associate Director Procurement Compliance Audit📣 Job Ad

Role Overview

Qiddiya Investment Company is seeking an Associate Director - Procurement Compliance Audit to lead and manage the procurement compliance and audit functions across the organization. This full-time position is based in Riyadh and is critical for ensuring that all procurement activities adhere to company policies, legal frameworks, and industry best practices. The role focuses on minimizing risks and promoting transparency and accountability.

Strategic Purpose

This pivotal role involves developing and implementing robust audit strategies, conducting thorough risk assessments, and reviewing procurement processes to identify gaps and recommend improvements. The Associate Director will work closely with cross-functional teams to monitor procurement activities, investigate compliance issues, and facilitate corrective actions. The objective is to ensure consistent adherence to established standards, contribute to continuous process enhancements, and foster a strong culture of compliance within Qiddiya.

Key Responsibilities

• Lead and oversee procurement compliance audits to ensure adherence to policies and regulatory requirements.
• Develop risk-based audit plans and strategies specifically 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.

Candidate Profile

The ideal candidate will possess over 10 years of experience in procurement compliance audit or a related field. This role requires a professional with a proven track record in leading audit functions, developing strategic plans, and managing compliance frameworks. Strong analytical skills and the ability to identify and address complex compliance challenges are essential for success in this position.

Collaboration and Reporting

The Associate Director will engage extensively with various internal stakeholders, including procurement, legal, and other cross-functional teams. A key aspect of the role involves reporting audit findings directly to senior management and relevant Qiddiya governance committees, contributing to continuous process enhancements and strategic decision-making within the company.

About Qiddiya

Qiddiya Investment Company is developing a global entertainment, sports, and cultural destination. This role is integral to upholding the highest standards of integrity and governance within the company's operational framework in Riyadh, contributing to its overall mission and success.