Overview

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.

 

Overview

We are seeking a Financial Analyst to work with Finance & Performance Management (F&PM) in Petroleum Engineering & Development (PE&D). The financial analyst is a chief position holder of the newly established Compliance unit with three direct reports within F&PM, responsible to build and maintain the compliance unit, with the aim to ensure that PE&D meets company and industry standards.

As a Business Matter Expert (BME), demonstrate a thorough understanding of IFRS applicable to oil & gas business and relate this to Saudi Aramco (SA). Deliver insightful data and analysis in an Accurate, Complete and Timely manner to support PE&D Senior Management’s business decisions. Identify areas for continuous improvement, discuss and communicate recommendations with key stakeholders. Point of contact in PE&D for finance and reporting compliance related requests and tasks. Have a solid understanding of the link between the business and the accounting rules to assess the impacts on Income Statement, Balance Sheet and Cash Flow.  Network with key stakeholders, especially within PE&D, other Upstream Admin Areas, Upstream and Finance Business Line. Lead, mentor and develop a group of 2-3 junior and senior professionals.

Key Responsibilities

Conduct and supervise day to day operations within Compliance Unit, including follow-up and reporting on delegated areas and tasks.

Identify areas of importance from a compliance perspective, and inform stakeholders.

Develop sustainable follow-up and reporting procedures and systems.

Responsible to follow-up and report on areas such as, but not limited to: periodic impairment assessments, ARO, enterprise risk management, IKTVA and contact for external and internal audit related queries.

As a BME, involve in discussions and tasks as agreed with Finance Lead.

Independently prepare information memorandums and proposals.

Minimum Requirements

As a successful candidate, you:

Have a Bachelor’s Degree in Business, Finance or a related discipline.

Must have a Minimum of 10 years relevant experience. Have strong IFRS knowledge.

Have knowledge within areas of database applications, data management applications and data communication and presentation tools.

Should have good knowledge with MS Office products such as excel, ppt and word as a minimum, and familiar with ERP systems such as SAP.

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.


Job Req ID: 

647

About Saudi Aramco

Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations are based in the Kingdom of Saudi Arabia and it also operates a global downstream business. Headquartered in the city of Dhahran, the company operates in eight locations within the Kingdom and 20 locations overseas, and employs around 76,000 people.