Procurement Compliance Officer

At Micron, Procurement Compliance role offers an outstanding opportunity to work in a fast-paced, dynamic environment at the forefront of technological innovation. This position is integral to ensuring that our procurement processes are not only efficient but also adhere to the highest standards of compliance and integrity. You will be a part of a world-class team, collaborating with experts across various functions to drive an outstanding compliance program and internal control activities.

• Compliance Expertise
• Drive compliance programs and internal controls activities based on a framework of detection, real-time monitoring, preventative controls, education and awareness, and supplier management standards related to compliance.
• Develop, implement and enforce procedures and policies to ensure the organization's compliance with industry and government regulations.
• Consistent risk assessments to recognize areas where the company might be vulnerable to non-compliance.
• Design effective internal controls. Analyze and identify areas for non-compliance and implement actions to mitigate the identified risks.
• Resolve areas of vulnerability in procurement and related payable processes, recommending preventative actions and controls.
• Experience in fraud prevention.
• Perform control self-assessment.
• Apply deep understanding of relevant policies, regulations, and/or SOX to maintain business operation compliance.
• Implement and handle risk detection tools and dashboards to identify high-risk transactions and facilitate reviews of available data.
• Support internal and external procurement audits and reporting.
• Reporting, Auditing, and Program Administration
  
• Perform assurance activities, including regular audits of procurement activities and resulting data.
• Conduct compliance risk assessments, report nonconformities, and handle mitigations and/or corrective action planning.
• Apply strong attention to detail to reporting, auditing, and investigations.
• Drive accountability and resolution of issues raised through the process.
• Establish and update policies and procedures concerning compliance when needed.
• Deliver training for procurement team members, suppliers, and key collaborators on policies, responsibilities, and expectations.
• Perform Third-Party Due Diligence review, including sanction screening and reputational due diligence efforts.
• Lead cross-functional initiatives and encourage a culture of continuous improvement.
• Business Partnering
  
• Provide timely updates on supplier risk evaluations to collaborators involved in the decision-making process.
• Work alongside corporate functions to develop and implement supplier compliance assessments for different business areas and locations, crafting controls that align with the assessments.
• Drive supplier accountability through both partnership and enforcement of corrective actions.
• Collaborate with suppliers, customers, regulatory agencies, and business partners to ensure compliance.
• Articulate expectations and actions needed to maintain compliance with relevant regulations.
• Be the trusted compliance partner for key collaborators.
• Additional Job DescriptionAdditional Job DescriptionQualifications & Skills:
  
• Bachelors degree or equivalent experience in supply chain, internal audit, finance, accounting, business, or a related field.
• Qualified CPA, CA and/or CIA, CFE preferred.
• 8+ years of procurement and/or compliance-related experience.
• Strong business and procurement process proficiencies.
• Experience with procurement processes and systems (e.g., Ariba, SAP, source-to-pay processes).
• A recognized expert in procurement, contracting compliance, and risk management.
• Strong analytical, problem-solving skills, verbal and written communication skills. Ability to simultaneously identify, prioritize, and address multiple issues/priorities.
• Self-motivated, driven individual who is comfortable working in a global, fast-paced, and dynamic environment. Proven experience working effectively in a matrixed, global organization.
• Exhibiting remarkable interpersonal skills and a strong determination to uphold integrity.
• Having a solid understanding of supplier management processes.
• Collaborating with an inclusive approach across geographical and organizational cultures to achieve mutual success.
• Demonstrating strong communication through active listening and clear communication to convey sophisticated issues concisely and accurately to all levels.
• Having a global perspective and a positive demeanor that is well-suited for working across different regions.
• Showing an interest in understanding business dynamics and being proficient in data analysis to inform decision-making.
• Agile in adopting new tools and ways of working towards continuous improvement to better business outcomes.