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Home Saudi Arabia Accounting Specialist

Accounting Specialist

Full time at Saudi Aramco (ASC) 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 PurposeConsults with and advises management in one of the major areas of the Finance organization such as: accountingand financial reporting, asset valuation, global tax oversight, VAT, financial modelling, investment analysisand finance systems or auditing. Provides financial expertise to support Finance organization, JVs andsubsidiaries. Identifies, analyzes and recommends solutions to major financial/accounting/auditing/systemsissues. Work product prepared by the incumbents will often serve to directly advise senior management withinthe Finance Business Line.ResponsibilitiesDUTY1 / effort % (015)Formulates solutions, alternatives and recommendations, and providescentral direction andcontrol over complex theoretical and practical accounting, financialsystems, internalcontrol, or other matters not covered by standard practice or precedent.DUTY2 / effort % (015)Identifies major challenges in all areas of accounting and financialreporting, assetvaluation, global tax oversight, VAT, financial modelling, investmentanalysis and financesystems or auditing. Provides Management with alternatives andrecommended solutions.DUTY3 / effort % (015)Analyzes the effect of proposed changes in basic corporate policy,government agreementsand laws, and provides recommendations thereto.DUTY4 / effort % (010)Coordinates with public accountants in their financial audit of SaudiAramco, and in thepreparation of the consolidated financial statements and relatedschedules for issuance tothe SAG, the Board of Directors, and the Ministry of Energy Affairs.DUTY5 / effort % (010)Initiates response and takes appropriate action on public accountants'observationsconcerning internal, application, or system controls, accountingprocedures, or othermatters reported to Management.DUTY6 / effort % (010)Often serves as the senior representative from the Finance Business Lineand occasionallyas the leader on multi-functional task forces or teams. Initiatesguidelines, coordinatesand provides supervision to other professionalaccounting/auditing/systems personnelassigned to special projects, studies or audits.DUTY7 / effort % (015)Responds to the requests of Management, SAG officials,and the Board ofDirectors forinformation and analysis of financial data relative to Saudi Aramco'soperations.Incumbents may occasionally be called upon to serve in temporaryassignments as CFO,Controller, General Auditor,advisor/consultant,or similar capacity forSaudi Aramcosubsidiary companies,joint ventures,or SAG-sponsored entitities.DUTY8 / effort % (010)In Auditing, formulates, teaches, supervises, and execute innovativeinternal auditprocedures to improve audit productivity and effectiveness and maintainaudit qualitywithin the technologically progressive business environment.Education & Experience RequirementsEducational 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 :12CertificatesTitle : 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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