A procurement auditor oversees and audits all purchases made by a company. They work with other operations positions to make sure product and supplies meet the needs of the project or process.
Are you the one who always double checks a plan before moving on to the next step? Can you balance a budget and handle money responsibly? If so, then a position as a procurement auditor may be the right one for you. You’ll be the watchdog, always making sure that money is spent responsibly and all resources and time are accounted for.
Procurement auditors work in an office, but they’re involved in every area of the manufacturing company. In order to conduct thorough audits, you’ll read budget and time reports, review materials orders, and look at receipts and invoices to determine how money is spent throughout the company. If there is any discrepancy or problem, you will bring it up with management and recommend the best way to correct the issue. You may also need to advise the company on topics such as taxes and operational efficiency. It's important that you like working with people too because you'll often find yourself helping to improve systems and processes with other members of your team.
Procurement auditors supervise the moral and lawful handling of money within a company, so you’ll need to have extensive knowledge of financial regulations and laws at the federal, state, and local levels. You may need to attend seminars and training sessions to stay up to date on these laws.
A procurement auditor needs at least a Bachelor’s degree in accounting. Additional training, certification, or education will give you an edge in the job search.
Also Known As:
Procurement Review Auditor, Purchasing Auditor
- Financial Regulations and Laws
- Advanced Computer Skills
- Analytical Thinking
- Checking, Examining and Recording
- Critical Thinking Skills
- Gathering or Getting Information
- Health and Safety
- Operations Analysis
- Supply Chain Logistics
- Systems Evaluation
- Review purchase order systems for deficiencies
- Check shipping and receiving orders for discrepancies
- Determine whether purchases were necessary and lawful
- Conduct reviews of accounting and procurement employees and management
- Advise management on taxes and other financial issues
- Recommend necessary changes in operations and financial activities
- Business Analytics
- Quality Control
How to get this job
Master's in auditing, finance or operations
Certification in operations management, quality control courses, customer relations, strong communication skills.
Next Steps for this job
Courses in finance and/or operations and on the job training helpful.
Specific job titles and duties vary by employer so check for details.