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 Financial Accounting Consolidation Specialist to join the Controllersorganization within the Finance, Strategy & Development business line in Saudi Aramco.
The Controller’s organization acts as Saudi Aramco’s primary representative for financial andincome tax reporting to management and to the Saudi Arabian government producing theCompany’s consolidated financial statements, subsidiaries’ financial statements, and othermanagement reports. Additionally, the organization maintains the Company’s General Ledger,Fixed Asset records, and supporting documents while also monitoring payments and calculating with holding taxes related to non-resident vendors. The Controller also provides accounting andadvisory services related to Saudi Aramco’s interests.
You will possess significant relevant financial consolidation experience within a variety ofindustries; 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 whileplanning, 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 proactivelyovercome issues and challenges to ensure timely delivery.
You should have demonstrated financial analytical skills that include the ability to evaluateboth industry and individual company information and comprehend advanced accounting topics. You must be able to work with minimal supervision, possess good project managementskills, and be able to offer logical and innovative solutions to complex issues.
Responsibilities
You will be required to perform the following:
- Consolidate financial data including from the Company, subsidiaries, and joint venture entities.
- Create financial statement review, analysis, and preparation.
- Research accounting literature to address current issues involving accounting and financialreporting.
- 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 financialstatements.
- Provide financial expertise to subsidiaries, joint ventures, or within the Company.
- Provide Joint Venture, M&A integration support from a financial statement perspective.
- Provide ad hoc financial expertise as required.
Education & Experience Requirements
- As the successful candidate, you will Hold a bachelor’s degree in accounting or a degree in arelated field. A graduate degree is also desirable, as well as any relevant advanced professionalcompetencies evidenced by professional certifications such as a CPA, CA, ACCA, or CMA.Accounting-focused professional licenses and/or other forms of continuing professionaleducation is required.
- A minimum of ten years of relevant experience is required in relevant industries, which mayinclude experience in financial statement consolidation, financial analysis, financial statementpreparation, accounting research, mergers and acquisitions, taxation, process/changemanagement, and strategy/management consulting.
- Specific operational experience in energyrelated activities, infrastructure, utilities (public and/or private), joint ventures andsubsidiaries, government sector, non-profits, and public administration would be desirable.Specific corporate business integration experience would also be desirable (startup experienceand related activities).
- You will have extensive knowledge of accounting policies and procedures established pursuantto International Financial Reporting Standards (IFRS) as well as a strong understanding of thecontent of financial statements prepared within the IFRS framework.
- Extensive knowledge of accounting policies and procedures in the oil and gas industry and theability to conduct research on an IFRS or Saudi Aramco accounting or financial reporting matteris preferred.
- You will be able to prepare preliminary findings, analyze alternative approaches, andrecommend 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.
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.