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Home Saudi Arabia Accounting Specialist

Accounting Specialist

Full time at Saudi Aramco in Saudi Arabia
Posted on March 6, 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 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.

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

Degree Title : Bachelor of Science

Discipline Title : Business and Management

Field Title : Accounting

Degree Title : Bachelor of Science

Discipline Title : Business and Management

Field Title : Finance

Degree Title : Bachelor of Science

Discipline Title : Business and Management

Field Title : Management Information Systems

Degree Title : Bachelor of Science

Discipline Title : Business and Management

Field Title : Economics

Degree Title : Bachelor of Science

Discipline Title : Engineering

Field Title : Engineering (Gen)

Minimum Years of Experience :12

Special Field Experience :

Accounting Exp. including (5)Yrs of SA Exp. Engineering is applicable to CPCCD.

Minimum Years in the Special Field :12

Certificates

Title : Assoc of Chartered Certified Accountant (ACCA)

Req./Pref. : Preferred

Comments-Nature of Cert./License Relations :

2 yrs is waived from minimum Yrs of exp. on full accreditation

Title : Certified Financial Analyst (CFA)

Req./Pref. : Preferred

Comments-Nature of Cert./License Relations :

2 yrs is waived from minimum Yrs of exp. on full accreditation

Title : Certified Internal Auditor (CIA)

Req./Pref. : Preferred

Comments-Nature of Cert./License Relations :

Certification in the areas of internal audit & practice

Title : Certified Management Accountant (CMA)

Req./Pref. : Preferred

Comments-Nature of Cert./License Relations :

2 yrs is waived from minimum Yrs of exp. on full accreditation

Title : Certified Public Accountant (CPA)

Req./Pref. : Preferred

Comments-Nature of Cert./License Relations :

2 yrs is waived from minimum Yrs of exp. on full accreditation

Title : Saudi Org of Certified Public Accountant (SOCPA)

Req./Pref. : Preferred

Comments-Nature of Cert./License Relations :

Certification in the areas of accounting & 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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