Auditor, Contract Compliance

Revenew International • Houston, TX

61d • Onsite

About The Position

Examines and audits supplier contracts including associated invoice records/backup. Performs review at the suppliers' locations to identify over collections (or under collections) of supplier’s billings based on the commercial terms of the agreement.

Requirements

• Bachelor's degree from four-year college or university; prior contract compliance, internal audit, and/or Big Four experience preferred.
• Ability to conduct effective interviews with client and supplier personnel to identify potential audit issues.
• Customer relation skills are critical particularly in managing interfaces between the customer and the audited supplier or between the commercial and technical organizations.
• Ability to read, analyze, and interpret contract information and from a variety of other related business process systems (e.g., PeopleSoft, SAP, JD Edwards, Oracle, etc.).
• Ability to clearly document audit issues in prescribed style and format.
• Ability to effectively present information to senior management of client and supplier organizations.
• Good writing skills are essential for the development of individual audit reports and in creating a summary report which provides a comprehensive review of existing organizational processes.
• Ability to comprehend and utilize algebraic equations in spreadsheets to develop audit issues.
• Ability to understand and apply statistical sampling and extrapolation methodology to quantify claims.
• Ability to define problems, collect and extrapolate data, establish facts, and draw valid conclusions.
• Drawing inferences from information, applying logical reasoning based on information and producing evidentiary information to support one’s contention is required.
• Skills in the following software: Spreadsheets (Microsoft Excel), Database (Microsoft Access), Word processing (Microsoft Word), Internet software, E-mail software is essential.
• Extensive travel is required. Specifically, an average of 40-60% of time will be spent traveling to supplier facilities to perform the above described roles and responsibilities.
• All employees and contractors are required to successfully complete hair and urine drug screens prior to starting work for the company.
• Additional pre-engagement requirements include a background check, company engagement / employment paperwork and policy attestations.

Nice To Haves

• Knowledge of Microsoft Power Point is preferred.

Responsibilities

• Review contract and interview key stakeholders regarding the terms of the agreement to determine contract intent.
• Identify and document contract risk exposures upon review of the contract terms and conditions
• Perform substantive testing of invoice transactional data to document and verify compliance to commercial terms.
• Offer contract and business improvement recommendations based on industry experience to enhance contract value for clients including preventive measures for discovering and preventing future incorrect payments.
• Write audit report (internal and external) to include identified monetary discrepancies, if any, and business improvement recommendations.
• Participate in the negotiation and resolution of identified monetary discrepancies with suppliers and client.
• Prepare reports for Internal Management concerning scope of audit, issues found, recovery amounts, and recommendations for future improvements.
• Capable of working in a fast paced, demanding, entrepreneurial work environment.
• Maintain positive client and supplier relationships.

What This Job Offers

• Career Level: Entry Level