Contract Compliance Auditor

DNOW•Houston, TX

About The Position

At DNOW, we believe our associates are the best in the business. We value and reward hardworking, creative, and dedicated employees that desire to be part of a team committed to outstanding customer service. START YOUR CAREER NOW. The Contract Compliance Auditor position will work under the leadership of the Senior Director - Contracts and Pricing to provide independent and objective opinions on the organization's internal controls that mitigate business risks impacting internal and external compliance to the commercial components of contracts utilizing a customized audit methodology. Following, analysis and substantive testing of acquired relevant billing records, reporting systems, and other backup data, you will be required to quantify any financial variances indicating actual or potential risk.

Requirements

Bachelor’s degree in Accounting, Finance, Management or equivalent
2 - 3 years of relevant experience within Internal Audit or External Audit is a plus
Must have knowledge of internal control requirements, operational and financial activities, and generally accepted accounting principles and accounting processes
Natural curiosity and ability to probe into the depths of processes to detect control and audit matters.
Strong analytical skills and ability to consider/develop alternative solutions
Excellent communications skills including listening and communicating with clients of all levels (verbally and written).
Timely, prompt and action/deadline oriented
Quality focused with a high degree of accuracy on project
Self-starter and highly motivated team player
Detail-oriented, organized, objective, consistent, and analytical
Able to handle multiple assignments, meet deadlines and work under pressure
High proficient with Microsoft Office applications
Productive, accurate and willing to receive direction
Follow established guidelines, policies, and procedures
Possess integrity and dedication to results

Nice To Haves

SAP knowledge is a plus

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 compliance including preventive measures for discovering and preventing future risk.
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 identified parties
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.
Other responsibilities, as assigned