Accounting Specialist

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.

Job Purpose

Consults with and advises management in one of the major areas of the Finance organization such as: accounting and financial reporting, asset valuation, global tax oversight, VAT, financial modelling, investment analysis and finance systems or auditing. Provides financial expertise to support Finance organization, JVs and subsidiaries. Identifies, analyzes and recommends solutions to major financial/accounting/auditing/systems issues. Work product prepared by the incumbents will often serve to directly advise senior management within the Finance Business Line.

Responsibilities

DUTY1 / effort % (015)
Formulates solutions, alternatives and recommendations, and provides central direction and control over complex theoretical and practical accounting, financial systems, internal control, or other matters not covered by standard practice or precedent.

DUTY2 / effort % (015)
Identifies major challenges in all areas of accounting and financial reporting, asset valuation, global tax oversight, VAT, financial modelling, investment analysis and finance systems or auditing. Provides Management with alternatives and recommended solutions.

DUTY3 / effort % (015)
Analyzes the effect of proposed changes in basic corporate policy, government agreements and laws, and provides recommendations thereto.

DUTY4 / effort % (010)
Coordinates with public accountants in their financial audit of Saudi Aramco, and in the preparation of the consolidated financial statements and related schedules for issuance to the SAG, the Board of Directors, and the Ministry of Energy Affairs.

Requirements

DUTY5 / effort % (010)
Initiates response and takes appropriate action on public accountants' observations concerning internal, application, or system controls, accounting procedures, or other matters reported to Management.

DUTY6 / effort % (010)
Often serves as the senior representative from the Finance Business Line and occasionally as the leader on multi-functional task forces or teams. Initiates guidelines, coordinates and provides supervision to other professional accounting/auditing/systems personnel assigned to special projects, studies or audits.

DUTY7 / effort % (015)
Responds to the requests of Management, SAG officials,and the Board of Directors for information and analysis of financial data relative to Saudi Aramco's operations. Incumbents may occasionally be called upon to serve in temporary assignments as CFO, Controller, General Auditor,advisor/consultant,or similar capacity for Saudi Aramco subsidiary companies,joint ventures,or SAG-sponsored entitities.

DUTY8 / effort % (010)
In Auditing, formulates, teaches, supervises, and execute innovative internal audit procedures to improve audit productivity and effectiveness and maintain audit quality within the technologically progressive business environment.

Education & Experience Requirements

Educational Level :Bachelors
Degree Title : Bachelor of Science
Discipline Title : Business and Management
Field Title : Business Administration

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.