Supplier Audit Lead (contract)

Job Title: Supplier Audit Lead (Commercial)

Job Location: Sunbury-on-Thames

Contract Length: 9 months (Possible Extension)

Industry: Oil & Energy

Working Hours: 8 hours per day / 40 hours per week

Role Overview:

Responsible for delivering the finance-procurement global supplier audit programme. You will lead a portfolio of audits through their life cycle, ensuring their timely and quality execution and outcomes. Developing effective working relationships with our multiple stakeholders is fundamental to the success of the programme, as is robust management of our audit execution firms. Data management, analysis and reporting is key to enabling performance management of the programme, the identification of key results, trends and high value learnings and recommendations. You will also support bp to continuously improve its risk management of suppliers through stakeholder communication and engagement activities aimed at influencing improvement actions and change.

Our supplier audits assess supplier’s compliance with bp’s contractual terms and conditions, covering commercial remuneration and compliance obligations i.e. anti-bribery and corruption. This role will currently focus on the commercial compliance obligations of the contract, and contribute to delivering on bp contract value leakage agenda.

Our audit programme’s objective, and a key deliverable of this role, is to bring visibility to internal and external contract performance issues to improve supplier and bp performance and compliance. We are part of bp’s second line of defence.

What you will do:

• Through the audit execution partners, deliver your allocated portfolio supplier audits, ensuring they are executed to optimise the recovery opportunities, delivered on-time.
• You will facilitate timely and successful closure of identified audit claims and findings, adhering to the governance procedures in place to mitigate against claim erosion.
• Establish and maintain effective working relationships with a wide range of stakeholders, such as audit firms, suppliers, contract owners, business users of the contracts, and SMEs i.e. legal, Ethics & Compliance.
• Confidently negotiate with suppliers and bp stakeholders on contract compliance and cost recovery matters identified by the audit, to optimise the realisation of identified recoveries and remediation of process related gaps.
• Lead risk and control conversations with the leadership, suppliers, procurement and business stakeholders to help them understand the audit findings, the underpinning control gaps and required remedial actions.
• Develop the annual supplier audit plan, ensuring the selection of candidates is risk-based, leverages data, analytics and past learnings.
• Promote and ensure conformance to the bp digital and data security protocols throughout the audit process.
• Conduct quality control/assurance of the audit process to ensure the principles of professional audit competency is upheld – integrity, independence and due professional care.
• Ensure audit reports are well-articulated and clearly linked to contract requirements, and that workpapers that are consistently prepared, documented, and filed, as specified in the defined audit protocols and can meet the tests of rigour, re-performance.
• Extract audit key learnings and recommendations to enable improvement actions based on root cause analysis and lessons learned, to minimise the risks of repeat audit findings.
• Monitor and produce timely accurate statistical and analytical reporting to support supplier audit reporting requirements i.e. results, trends, root causes, recommendations, audit costs and $ recoveries achieved.
• Contribute to the transformation of the supplier audit program to enable greater value creation. Ensure continuous improvement of the supplier audit process and methodology based on the principles of effectiveness, simplification, and efficiency.
  
  

What you will have:

• Bachelor’s degree, preferably in accounting, finance, procurement, supply chain, or business administration.
• Recognised audit qualification and a minimum 5 years’ experience in audit, audit management, contract commercial compliance, cost recovery/optimisation, and or finance.
• Alternatively, a deep background in procurement and contracting (particularly in developing or negotiating commercial terms for goods and services), cost recovery/optimisation.
• Strong organisational and programme management skills, with an eye for detail and the ability to anticipate risks or issues.
• Confident hands-on experience with data management, data manipulation, reporting and analysis as well as systems i.e. SAP, databases, workflow system/ platforms/tools.
• Excellent written and verbal communication skills. Ability to understand the underlying business problem, and then effectively communicate to internal and external stakeholders.
• Strong negotiation skills
• Ability to influence and collaborate with internal stakeholders across multiple disciplines, cultures and geographies, across organizational boundaries and levels within bp and with suppliers. Great people skills and the ability to quickly gain the trust and respect of others.
• Expert knowledge and experience in Microsoft Excel, Power BI, Word and PowerPoint applications
• An agile mindset to meet the demands of the role whilst being customer-centric and pragmatic.
  
  

Desirable

• Understanding of procurement and contracting processes and systems.
• Experience working in a global environment.
• Languages (e.g. Arabic, French, Azeri, Russian, German)
• Ability to build visualization dashboards in Microsoft Power BI.
• Working knowledge of systems such as Ariba and SAP business modules.
  
  

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.