JOB DESCRIPTION / ROLE
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
The role supports the development and execution of transactions by providing comprehensive financial analysis activities including building and utilizing complex financial valuation models, managing valuation inputs from multiple internal and external sources, developing financial statements, risk and uncertainty analysis, and presentation of expert and objective analysis to senior management to support decision-making in respect of transactions. The role contributes to the continuous improvement of relevant processes and methodologies to become a center of excellence for valuation for the Company. A key aspect of the role is to develop, mentor and coach other team members in areas of expertise. The position also interacts with external financial advisors and consultants for transactions. The individual is expected to develop relationships with financial institutions and to bring external perspectives on the M&A landscape to the Company. The role also provides ad hoc financial analysis activities including on transfer pricing, impairment reviews, Shareek incentives, and group policy reviews.
Key Responsibilities
The holder is required to have expert experience in building and using transaction valuation tools and financial statements and provide management with objective valuation advice. The role serves all business lines and Company organizations regardless of geographic location (inclusive of wholly owned subsidiaries and Joint Ventures). Estimated value of current transactions over the 2021 - 2023 period is over $130 billion, including equity and partner investment and project financing in joint ventures and M&A acquisitions and divestments.
The successful candidate will:
- Provide expert and objective advice to senior management to support decision-making in respect of M&A valuations on specific transactions.
- Support the development and execution of M&A transactions by providing comprehensive financial analysis activities including building and utilizing complex financial models, including risk and uncertainty analysis.
- Develop, coach and mentor team members in areas of expertise.
- Contribute to the continuous improvement of relevant processes and methodologies to become a center of excellence of valuation for the Company
- Provide ad hoc financial analysis activities including on transfer pricing, impairment reviews, Shareek incentives, and group policy reviews.
- Manage Financial Advisors for valuation activities on transactions. Develop relationships in banks to bring external perspectives on the M&A landscape to the Company.
- Support the FIM-led mandating of Financial Advisors including the development of RFPs, selection criteria, and evaluation of proposals.
REQUIREMENTS
Minimum Requirement
Education Level: Bachelors
Education Degree: Bachelor of Science
Education Discipline:Business and Management
e.g. Finance, Accounting, Business, Engineering
Minimum Years of Experience: 10 years including 5 years special experience in M&A Transactions.
Language Skills
English: Required
Arabic: Preferred
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.
ABOUT THE COMPANY
Saudi Aramco is an integrated global energy enterprise. The company markets and exports crude oil, petroleum products, natural gas liquids and sulfur. It also ships crude oil worldwide through an affiliated company and participates in petroleum refining and marketing activities at home and abroad. Its overseas affiliates are in the United States, Egypt, the Philippines, the Republic of Korea and Japan.
Saudi Aramco's subsidiaries span the globe, with offices in Houston, Washington, New York, London, Leiden, Dubai, Singapore, Beijing, Hong Kong, Tokyo and Seoul.
