Tax Compliance & Reporting Specialist
Job details
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
projects.
Responsibilities
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
Certificates
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 accred.in 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 accred.in 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 accred.in 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 accred.in 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.
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