Financial Accounting Consolidation Specialist – for International Applicants

Full Time

Website Aramco

We’re a leading producer of the energy and chemicals that drive global commerce and enhance the daily lives of people around the globe, by delivering an uninterrupted supply of energy to the world.

Job Req ID:  1174

Description: 

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.

Position description

We are seeking a Financial Accounting Consolidation Specialist to join the Controllers 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 and to the Saudi Arabian government producing the Company’s consolidated financial statements, subsidiaries’ financial statements, and other management reports. Additionally, the organization maintains the Company’s General Ledger, Fixed Asset records, and supporting documents while also monitoring payments and calculating withholding taxes related to non-resident vendors. The Controller also provides accounting and advisory services related to Saudi Aramco’s interests.

You will possess significant relevant financial consolidation experience within a variety of industries; however, significant experience within the energy industry is desirable. You will have the ability to establish personal credibility with both internal and external clients; demonstrate excellent interpersonal skills; and work well with fellow team members while planning, prioritizing, and coordinating their workload to ensure meeting critical deadlines. You will be able to add value by delivering high quality work and be able to proactively overcome issues and challenges to ensure timely delivery.

You should have demonstrated financial analytical skills that include the ability to evaluate both industry and individual company information and comprehend advanced accounting topics. You must be able to work with minimal supervision, possess good project management skills, and be able to offer logical and innovative solutions to complex issues.

Minimum requirements

As the successful candidate, you will have the following:

A bachelor’s degree in accounting or its equivalent as per the Accounting Staff Analyst job description.   A graduate degree is also desirable, as well as any relevant advanced professional competencies evidenced by professional certifications such as a CPA, CA, ACCA, or CMA.

Accounting-focused professional licenses and/or other forms of continuing professional education is required.

A total of 12-15 years of relevant experience is required in relevant industries, which may include experience in financial statement consolidation, financial analysis, financial statement preparation, accounting research, mergers and acquisitions, taxation, process/change management, and 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).

Extensive knowledge of accounting policies and procedures established pursuant to International Financial Reporting Standards (IFRS) is required as well as a strong understanding of the content of financial statements prepared within the IFRS framework.

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 is preferred.

You 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 is required. SAP or equivalent Enterprise Resource Planning (ERP) systems experience is highly desirable.

Duties and responsibilities

You will be required to perform the following:

Consolidation of financial data including from the Company, subsidiaries, and joint venture entities.

Financial statement review, analysis, and preparation.

Research accounting literature to address current issues involving accounting and financial reporting.

Perform analysis, make recommendations, and prepare responses on consolidation matters.

Prepare confidential and technical financial reports and forecasts.

Coordinate with auditors and provide full support for audit/review of consolidated financial statements.

Provide financial expertise to subsidiaries, joint ventures, or within the Company.

Joint venture, M&A integration support from a financial statement perspective.

Provide ad hoc financial expertise as required.

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 career23.sapsf.com.

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