Saudi Aramco
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world’s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Job Purpose
We are seeking a Technical Accounting Advisor to join the Controller’s Organization within the Finance, Strategy & Development business line in Saudi Aramco.
The Controller’s Organization acts as Saudi Aramco’s primary representative for financial and income tax reporting to management by producing the Company’s consolidated financial statements, subsidiaries’ financial statements, and other management reports. The Controller’s Organization also provides controls/governance, accounting and advisory services related to Saudi Aramco’s interests. The Controller Organization actively seeks compliance of all organizations regarding controls over financial reporting and generally achieving good corporate governance throughout the Company.
Responsibilities
You will be required to perform the following:
Research accounting literature to address current issues involving accounting and financial reporting.
Perform analysis, make recommendations, and prepare responses on accounting matters.
Prepare confidential and technical financial accounting papers.
Review transaction agreements to ensure compliance to Saudi Aramco’s controls.
Assess control and governance environments among Saudi Aramco’s group, and document results.
Demonstrate Joint venture and M&A integration support from a financial accounting perspective.
Provide ad hoc financial expertise as required.
Demonstrate a strong level of expertise with IFRS standards and their applicability within a variety of industries; however, a significant experience within the energy industry is desirable.
Establish personal credibility with both internal and external clients, demonstrate excellent interpersonal skills, and work well with fellow team members.
Possess the ability of planning, prioritizing, and coordinating the team’s workload to ensure meeting critical deadlines.
Add value by delivering high quality work and be able to proactively overcome issues and challenges to ensure timely delivery.
Demonstrate financial analytical skills that include the ability to evaluate both industry and individual company information and comprehend advanced accounting topics.
Be able to work with minimal supervision, possess good project management skills, and be able to offer logical and innovative solutions to complex issues.
Education & Experience Requirements
As the successful candidate, you will hold a bachelor’s degree in accounting or its equivalent. A professional competency evidenced by professional certifications such as CPA, CA, ACCA, or CMA is desirable. A graduate degree is also desirable.
You will have a minimum of ten years of relevant experience in relevant industries, which may include experience in public accounting, accounting policy, IFRS interpretation, internal auditing, financial statement consolidation, financial analysis, financial statement preparation, accounting research, mergers and acquisitions, taxation, process/change management, or strategy/management consulting. Specific operational experience in energy-related activities, infrastructure, utilities (public and/or private), joint ventures and subsidiaries, government sector, non-profits, and public administration would be desirable. Specific corporate business integration experience would also be desirable (startup experience and related activities).
You will also have extensive knowledge of accounting policies and procedures established pursuant to International Financial Reporting Standards (IFRS) as well as a strong understanding of the content of financial statements prepared within the IFRS framework. In addition, you should have extensive knowledge of accounting policies and procedures in the oil and gas industry and the ability to conduct research on an IFRS or Saudi Aramco accounting or financial reporting matter. Candidates will be able to prepare preliminary findings, analyze alternative approaches, and recommend a preferred action for Saudi Aramco. You will have demonstrated the capability to make presentations or lead meetings, including at the executive level. Leadership skills are desirable. Proficiency in both oral and written English and Arabic is required. SAP or equivalent ERP systems experience is highly desirable.
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.
To apply for this job please visit careers.aramco.com.
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