Accounting 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
Saudi Aramco is seeking to appoint an M&A Finance 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 executive management relating to transactions.
The M&A Finance Analyst role supports the development and execution of large and complex international transactions by acting as a single point of contact for all finance-related inputs throughout the lifecycle of transactions, often against challenging deadlines. Activities including screening opportunities, structuring and framing, formulating valuation and bid price recommendations, financial due diligence, advising on accounting aspects of transactions, reviewing definitive agreements, purchase price adjustments, integration planning, and post-transaction evaluations. The M&A Finance Analyst will interface with other transaction team members and specialists within Finance such as Project Finance. The M&A Finance Analyst is also required to present an objective and independent assessment of transactions to executive management to support decision-making. The position holder is expected to develop, coach, and mentor staff as a core part of the role.
Responsibilities
and Responsibilities
- Provides expert and objective advice to executive management to support decision-making in respect of all aspects of transactions.
- Is a core member of multi-functional transaction execution teams, providing end-to-end finance support to transactions.
- Screens and evaluates commercial options and evaluates transaction counterparties and joint venture partners.
- Is responsible for the valuation aspects of transactions, ensuring that financial models and outputs are prepared according to Aramco standards, that risks are considered, and that input assumptions are robust and documented, and that deficiencies and risks are considered.
- Prepares bid price recommendations for senior management reflecting competitive landscape.
- Manages the financial due diligence process (coordinating the activities of advisors as required), ensuring that due diligence findings are communicated to executive management and factored into valuation and/or definitive agreements.
- Advises on the accounting aspects of transactions.
- Contributes to definitive transaction agreements and is responsible for purchase price adjustments and post-transaction purchase price allocation.
- Is a member of the integration planning team, advising on finance aspects of integration.
- Coordinates the inputs of other finance experts to transactions.
- Develops, coaches and mentors team members on transactions.
- Contributes to the continuous improvement of processes and methodologies to become a center of excellence of M&A execution for the Company.
- Provides ad hoc financial analysis activities including on transfer pricing, impairment reviews, government incentives, and group policy reviews.
- Manages external Financial Advisors and consultants 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 with a strong preference for experience in energy, natural resources, or infrastructure 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. 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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