At a Glance
- Tasks: Lead supplier audits, ensuring timely execution and quality outcomes while managing audit firms.
- Company: Join bp, a global leader in the oil and energy sector, committed to sustainability and innovation.
- Benefits: Enjoy a hybrid work model, competitive pay, and opportunities for professional growth.
- Why this job: Make a real impact by improving supplier compliance and performance in a dynamic environment.
- Qualifications: Bachelor’s degree in relevant fields and 5+ years of audit or compliance experience required.
- Other info: Diversity is valued; we encourage applicants from all backgrounds.
The predicted salary is between 48000 - 72000 £ per year.
Job Title: Supplier Audit Lead Job Location: Sunbury-on-Thames (Hybrid) Length: 12 month contract Industry: Oil and Energy Job Description (Supplier Audit Lead) 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 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 a key to enabling performance management of the programme, and 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 focus on the ethical and compliance obligations elements of the contract. 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 performance and compliance. You will be accountable for the smooth running and delivery of the audit plan, management of the audit firms, supervision of the Audit Analyst and the robust capture of audit data and results. We are part of bp’s second line of defence. Job Description: In this role you will: Through the audit execution partners and Audit Analyst deliver the allocated portfolio of supplier audits, ensuring on-time execution and quality outputs. Facilitate the on-time and successful closure of any identified audit findings. Performance manage the audit execution partners to ensure timely delivery, removal of blockers to delivery and supporting escalations/interventions as required. Establish and maintain effective working relationships with a wide range of stakeholders, such as audit firms, suppliers, contract owners, business user of the contracts, and SMEs i.e. legal, Ethics & Compliance. Lead risk and control conversations with leadership, suppliers, procurement and business stakeholders to help them understand the audit findings, the underpinning control gaps and required remedial actions. Confidently influence suppliers and bp stakeholders on contract compliance accountabilities and expectations. And communicate general good practice in ethical and compliance related controls. 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. The ability to make sound judgements on whether key compliance risks are adequately managed is critical to ensure risk-based proportionate decisions. 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. Ensure audit platform/database is populated to enable accurate and complete results reporting, and an audit trail of audit closure and collections of recoveries. Monitor and produce timely accurate statistical and analytical reporting to support supplier audit reporting requirements i.e. results, trends, root causes, recommendations, audit partner performance and audit costs. 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 need to be successful: Bachelor’s degree, preferably in accounting, finance, supply chain, or business administration. Proven experience of developing and or providing assurance on anti-bribery and corruption related compliance programmes is required. Other third-party risk management experience would also be desirable. Recognised audit qualification and a minimum 5 years’ experience in internal audit, audit management, ethics & compliance/integrity, third party contract compliance, risk assessment, risks and controls. 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. Excellent written and verbal communication skills. Ability to understand the underlying business problem, and then effectively communicate to internal and external stakeholders in a concise and impactful manner. 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.
Supplier Audit Lead employer: bp
Contact Detail:
bp Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supplier Audit Lead
✨Tip Number 1
Familiarize yourself with the key compliance and ethical standards relevant to supplier audits. Understanding bp's specific requirements around anti-bribery and corruption will help you engage effectively with stakeholders and demonstrate your expertise during discussions.
✨Tip Number 2
Build a strong network within the procurement and audit communities. Attend industry events or webinars where you can connect with professionals in similar roles, as these relationships can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Enhance your data management and analysis skills, particularly in tools like Microsoft Excel and Power BI. Being able to showcase your ability to manipulate and report on data will set you apart, especially since data analysis is crucial for this role.
✨Tip Number 4
Prepare to discuss your experience in managing audit processes and stakeholder relationships. Be ready to share specific examples of how you've successfully navigated challenges in previous roles, as this will demonstrate your capability to lead the supplier audit program effectively.
We think you need these skills to ace Supplier Audit Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in audit management, compliance, and risk assessment. Use specific examples that demonstrate your ability to lead audits and manage stakeholder relationships.
Craft a Strong Cover Letter: In your cover letter, emphasize your experience with anti-bribery and corruption compliance programs. Discuss how your skills align with the responsibilities of the Supplier Audit Lead role and express your enthusiasm for contributing to bp's audit program.
Showcase Data Management Skills: Since data management and analysis are key components of this role, provide examples of your experience with data manipulation and reporting. Mention any tools you are proficient in, such as Microsoft Excel or Power BI.
Highlight Communication Abilities: Demonstrate your excellent written and verbal communication skills by ensuring your application is clear and concise. Provide examples of how you've effectively communicated complex audit findings to various stakeholders in the past.
How to prepare for a job interview at bp
✨Understand the Audit Lifecycle
Make sure you have a solid grasp of the entire audit lifecycle, from planning to execution and reporting. Be prepared to discuss how you would manage each phase effectively, ensuring timely and quality outcomes.
✨Showcase Your Stakeholder Management Skills
Since building effective relationships with stakeholders is crucial, come ready with examples of how you've successfully collaborated with various parties in past roles. Highlight your ability to influence and communicate effectively across different levels.
✨Demonstrate Data Management Proficiency
Be prepared to discuss your experience with data management and analysis. Share specific instances where your data manipulation skills led to improved audit outcomes or insights that influenced decision-making.
✨Prepare for Ethical and Compliance Discussions
Given the focus on ethical obligations and compliance, familiarize yourself with anti-bribery and corruption regulations. Be ready to discuss how you would approach risk and control conversations with leadership and suppliers.