Supplier Validation Analyst

Magnit


Date: 1 week ago
City: Vadodara, Gujarat
Contract type: Full time
About The Job

Who We Are

Magnit is redefining the future of work. For over 30 years, we’ve supported some of the world’s most recognizable brands with our industry-leading, holistic platform for workforce management. Our integrated workforce management (IWM) platform, fueled by data, software, intelligence, and a best-in-class services team, is critical to our clients’ success. It provides the speed, scale, flexibility, transparency, and expertise necessary to meet our clients’ goals in contingent workforce management, talent strategy, and overall organizational success. At Magnit, you’ll be a part of a passionate team, collaborating to deliver meaningful results that transform global businesses.

What You Will Do

As a Supplier Compliance Auditor, your primary focus will be ensuring that suppliers are in full compliance with Magnit’s policies, procedures, and contractual obligations. You will play a key role in maintaining the integrity of our supplier relationships and ensuring they align with industry standards and client requirements.

Your day-to-day activities may involve:


  • Conducting Supplier Audits: Evaluate suppliers’ compliance with established contractual terms, industry standards, and legal requirements. This will involve reviewing documentation, conducting interviews, and assessing supplier operations.
  • Vendor Compliance Verification: Regularly check and validate vendor and supplier documentation for accuracy and compliance with both Magnit’s standards and client-specific requirements.
  • Audit Documentation Review: Analyze supplier contracts, agreements, and amendments to ensure they adhere to company policies and regulatory guidelines.
  • Liaise with Suppliers: Communicate directly with suppliers to request necessary documentation or address compliance issues, providing guidance as needed.
  • Non-Compliance Reporting: Identify non-compliant suppliers and escalate issues appropriately, recommending corrective actions and tracking resolution.
  • Contract and Documentation Amendments: Assist with contract amendments and ensure compliance is maintained during the negotiation and implementation of contract changes.
  • Internal Communication: Collaborate with internal teams, including account managers and audit managers, to report on supplier compliance status and highlight any potential issues.
  • Audit and Compliance Records: Keep detailed records of supplier audits, non-compliance findings, and corrective actions taken.


Additional Responsibilities


  • Assist in maintaining and updating departmental compliance reports.
  • Support ongoing departmental projects related to supplier compliance and auditing.
  • Address any additional duties as assigned to improve audit processes or respond to emerging compliance challenges.


What Magnit Will Offer You

At Magnit, you’ll be joining an innovative, high-growth environment where you can have a meaningful impact. We believe in fostering personal growth, offering opportunities for career development, and creating an atmosphere where you can thrive. You will work with a team of dedicated professionals committed to delivering excellence.

Magnit provides a competitive benefits package that includes medical, dental, and vision coverage, retirement planning options, and exclusive discounts on travel, merchandise, and more. Additionally, Magnit supports employees' community involvement by matching charitable contributions and offering corporate volunteering hours.

If this role isn’t the right fit for you, stay connected with us! We regularly post new opportunities, and we’d love to keep you in mind for future roles.

To learn more about current openings, please visit:

https://magnitglobal.com/us/en/company/careers.html

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