Accounting Staff Analyst I

Saudi Aramco

Saudi Arabia

Ref: KP658-803

Job description / Role

Employment: Full Time

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

Provide financial/accounting analytical and technical support to staff or line accounting departments and
stakeholder organizations to resolve complex accounting issues. Develop, recommend, and implement changes to
accounting policies, procedures, processes and systems. Prepare complex financial forecasts, reports and
other analyses. May lead the work of less-experienced Analysts, when necessary, to complete assigned


DUTY1 / effort % (015)
Prepares confidential & technical financial reports and forecasts on cash receipts & disbursements,corporate income,operating and capital plans & expenditures,manpower budgets,investments,the consolidated financial position and prepares tax and transfer pricing calculations.Reviews Affiliates related cash calls and provides
support to proponents during the set-up and design of funding procedur

DUTY2 / effort % (015)
Ensures all financial, accounting, economic and commercial perspectives are considered appropriately. Provide advisory support on deal agreements, governance/structuring, risks/opportunities and potential mitigations, closing items and coordinate issues with other departments to obtain input from the respective subject matter experts.

DUTY3 / effort % (015)
Leads and performs complex operational accounting duties: e.g.calculating account entries, reconciling, analysing changes in account balances and unit costs, determining proper account costing. Calculates and records corporate income and withholding taxes,VAT, transfer pricing compliance, provides global tax oversight and required
filing for Saudi Aramco, its joint ventures and subsidiaries.

DUTY4 / effort % (010)
Analyses the financial feasibility and impact of proposed financial transactions such as hydrocarbon production, sales and purchases, as well as employee and vendor disbursements in accordance with company policy and guidelines.

DUTY5 / effort % (010)
Researches applicable accounting literature in order to establish new accounting policies, update existing policies, or otherwise address current issues involving accounting and financial reporting and tax compliance.

DUTY6 / effort % (010)
Analyses and provides recommendations on the feasibility of accounting information system proposals to process transactions and related reports. Determines if a proposal meets user information requirements and conforms to accounting policy.Develops and implements internal control framework and ensure that all material risks have
adequate controls in place.

DUTY7 / effort % (015)
May occasionally provide ad hoc financial expertise to support subsidiaries, joint ventures, or SAG-sponsored entities. Performs analysis, makes recommendations, and prepares letters of response to ad hoc requests involving Contract and Procurement issues on Procurement/Contract and Project Funding matters.

DUTY8 / effort % (010)
Performs financial modelling, investment/divestiture analysis, asset valuations and financial due diligence and entity setup activities.


Education & Experience Requirements

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

Degree Title : Bachelor of Science
Discipline Title : Engineering

Minimum Years of Experience :09


Title : Assoc of Chartered Certified Accountant (ACCA)
Req./Pref. : Preferred
Comments-Nature of Cert./License Relations :
Reduce 2 yrs from min yrs of exp. on full one of these certificates (

Title : Certified Financial Analyst (CFA)
Req./Pref. : Preferred
Comments-Nature of Cert./License Relations :
Reduce 2 yrs from min yrs of exp. on full one of these certificates (

Title : Certified Internal Auditor (CIA)
Req./Pref. : Preferred
Comments-Nature of Cert./License Relations :
Certification in the areas of internal audit and practice.

Title : Certified Management Accountant (CMA)
Req./Pref. : Preferred
Comments-Nature of Cert./License Relations :
Reduce 2 yrs from min yrs of exp. on full one of these certificates (

Title : Certified Public Accountant (CPA)
Req./Pref. : Preferred
Comments-Nature of Cert./License Relations :
Reduce 2 yrs from min yrs of exp. on full one of these certificates (

Title : Saudi Org of Certified Public Accountant (SOCPA)
Req./Pref. : Preferred
Comments-Nature of Cert./License Relations :
certification in the areas of accounting and auditing standards.

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.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Analyst salaries in Saudi Arabia

Average monthly compensation
SAR 13,500

Breakdown available for industries, cities and years of experience