Procurement jobs in South Africa

The Procurement & Forensic Auditor will be responsible for ensuring compliance with procurement processes and regulations, investigating any potential fraud, waste, or misconduct within procurement activities, and enhancing overall transparency. The role requires a combination of strong procurement knowledge, audit expertise, and forensic investigation skills to identify irregularities, optimize procurement practices, and mitigate risks.

Plays a critical role in identifying issues that could lead to loss, theft, or inefficiency, ensuring that procurement processes are adequately implemented and followed to manage risks to acceptable levels.

Procurement Audit Responsibilities:

• Conduct Procurement Audits: Evaluate and assess procurement processes, contracts, and supplier relationships to ensure adherence to organizational policies, industry regulations, and legal requirements.
• Compliance Monitoring: Review procurement policies, procedures, and contracts for compliance with relevant standards and regulatory frameworks (e.g., internal controls, external regulations, and industry best practices).
• Procurement Risk Assessment: Identify risks related to procurement activities and recommend improvements to mitigate fraud, waste, and abuse.
• Spend Analysis: Analyze procurement spending and identify areas of inefficiency, waste, or potential savings.
• Supplier Evaluations: Perform supplier audits to assess their financial stability, adherence to contract terms, and risk exposure.

Forensic Auditing Responsibilities:

• Fraud Detection: Investigate potentially fraudulent activities in procurement, such as conflicts of interest, bribery, kickbacks, or misrepresentation.
• Data Analysis: Use forensic data analysis techniques to detect discrepancies, irregularities, and unusual patterns in procurement transactions.
• Evidence Collection: Gather and document evidence in accordance with legal standards to support investigations and ensure accountability.
• Report Writing: Prepare detailed reports with findings and recommendations for management, outlining any issues of concern, risks, and actions required.
• Internal Control Evaluation: Evaluate internal controls around procurement processes and recommend changes to improve the effectiveness and efficiency of controls.
• Collaboration with Legal Authorities: Coordinate with law enforcement or legal teams as necessary when criminal activity is suspected, ensuring compliance with all legal procedures.

Continuous Improvement:

• Process Improvement: Recommend and assist in implementing improvements to procurement procedures and controls to minimize risks and optimize efficiency.
• Training and Education: Provide training to procurement and other relevant departments on best practices, fraud prevention techniques, and compliance requirements.

Qualifications & Experience

• Degree in Internal Audit, Finance (BCom).
• Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), or other relevant forensic auditing certifications preferred.
• Certified Ethics Officer preferred.
• Experience: 5-8 years Internal Audit, forensic accounting, or procurement-related auditing roles.
• Experience in procurement process management and understanding of supply chain operations.
• Knowledge of forensic auditing tools and techniques, data analytics, and fraud detection.
• Strong attention to detail and excellent organizational skills.
• Ability to work independently and as part of a team.
• Proficient in using inventory management software (SAP, Syspro) and MS Office (Excel, Word).
• Strong problem-solving and analytical skills.
• Ability to communicate findings clearly in written and verbal reports.
• High level of integrity and ability to handle confidential information.
• High level and maturity in resolving possible conflicts.

Job Type: Full-time

Work Location: In person

Application Deadline: 2025/01/19