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Home Saudi Arabia Accounting Specialist

Accounting Specialist

Full time at Saudi Aramco (ASC) in Saudi Arabia
Posted on March 25, 2024

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 PurposeSaudi Aramco is seeking to appoint an M&A Analyst to join the M&A Advisory Department, which is part of the Finance organization. The M&A Advisory Department provides finance input to transactions throughout the transaction process, including structuring, valuation, due diligence, and support to negotiations and documentation, as well as providing objective and independent advice to senior management relating to transactions. The M&A Analyst role supports the development and execution of transactions by providing comprehensive valuation activities to large and complex international transactions, often against challenging deadlines.Responsibilities

  • Provides expert and objective advice to senior management to support decision-making in respect of M&A valuations on specific transactions.
  • Supports the development and execution of M&A transactions by providing comprehensive financial analysis activities including building and utilizing complex financial models, risk and uncertainty analysis, and producing financial statements.
  • Sources and manages valuation inputs from multiple internal and external sources, and advises on gaps, deficiencies and risks.
  • Develops, coaches and mentors team members in areas of expertise.
  • Contributes to the continuous improvement of processes and methodologies to become a center of excellence of valuation for the Company.
  • Provides ad hoc financial analysis activities including on transfer pricing, impairment reviews, Shareek incentives, and group policy reviews.
  • Manages external Financial Advisors and consultants for valuation activities on transactions. Develops relationships in banks to bring external perspectives on the M&A landscape to the Company.
Education & Experience Requirements
  • 10+ years relevant experience in conducting financial analysis in M&A transactions, likely gained in leading investment banks, accounting firms, or large international corporations.
  • Significant experience in large and complex cross-border transactions in energy or natural resources sectors.
  • Expert level knowledge and use of financial analysis tools and methodologies, understanding of financial statements, familiarity with International Financial Reporting Standards (IFRS) and international taxation.
  • You will hold a Bachelor's degree in Finance, Accounting, Business, Management, or Engineering.
  • Possession of an advanced business degree (e.g. MBA) or Accounting qualification is preferred, but not required.
To succeed in this role you will be highly numerate, methodical and organized. You will thrive in a challenging and dynamic working environment and be able to manage competing priorities with minimal supervision. You will be a confident communicator and a strong team player, able to quickly assimilate into diverse teams and to share your experience in coaching and mentoring other team members. 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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