Assistant Manager/ Manager-Audit

Role & responsibilities

The job description of this position includes:

1) Develop and implement a detailed audit plan for procurement activities, ensuring alignment with organizational objectives, compliance mandates, and risk management strategies.

2) Conduct comprehensive audits of procurement processes to assess their efficiency, effectiveness, and regulatory compliance.

3) Evaluate procurement activities to ensure adherence to applicable laws, regulations, internal policies, and ethical standards.

4) Identify procurement-related risks, including fraud, inefficiencies, waste, and non-compliance with guidelines.

5) Provide actionable recommendations to mitigate identified risks and enhance procurement practices.

6) Review vendor contracts, negotiation strategies, and payment processes to ensure compliance with contractual terms and proper documentation.

7) Recommend improvements to internal control systems to optimize procurement efficiency, reduce costs, and ensure stronger compliance.

8) Monitor the implementation of audit recommendations and follow up on corrective actions to ensure improvements are made.

9) Maintain up-to-date knowledge of laws, procurement regulations, and audit standards to ensure compliance and governance across procurement processes.

10) Provide strategic guidance on vendor selection, contract negotiations, and cost-saving initiatives, supporting enhanced decision-making and value generation.

Preferred candidate profile

1. Bachelors degree in Accounting, Finance, Business Administration, or a related field is preferred.

2. At least 7-10 years of experience in procurement auditing, internal auditing, or risk management.

3. Proven experience in purchase auditing to identify discrepancies and improve processes.

4. Experience with ERP software, preferably SAP Business One, for purchase order processing and auditing.

5. Effective communication skills, both written and verbal.

For more information you may contact us at:

Geetanjali 9891783123