Home Saudi Arabia Senior Specialist M&A and Investment Accounting

Home Saudi Arabia Senior Specialist M&A and Investment Accounting

Senior Specialist M&A and Investment Accounting

Full time at a Laimoon Verified Company in Saudi Arabia
Posted on May 2, 2024

Job details

Eram Talent, an independent Talent Acquisition Consultancy in the Oil & Energy industry, is seeking a Senior Specialist in M&A and Investment Accounting. As a division of ERAM Group, E-Talent has a global reach and network of High Potential Professionals with sophisticated skills from a variety of industries, including Oil & Gas, Petroleum, Infrastructure, Energy, Water, Transportation, Science & Technology and Health Care. The Senior Specialist will be responsible for leading the M&A team in the accounting and financial analysis of investments and acquisitions. ResponsibilitiesProvide expert know-how and governance regarding M&A, divestitures and integration accounting and restructuring. • Research accounting literature and apply technical standards to complex business issues and transactions, including business combinations and impairment valuations • Assess and analyze JV's contracts and propose accounting consequences including options to mitigate risks and assess control opportunities in existing contracts • Ability to applies financial modeling tools to run valuation numbers to provide financial advice in several businesses and pro forma balance sheet • Coordinate accounting integration of M&A transactions and provide advice, incl. conversion to SABIC accounting standards, harmonization of chart of accounts, integration into the Company accounting processes and systems • Carve-Out Financial Statements / Stand-alone Statements / Proforma Statements and prospectus support • Coordinate accounting preparation of divestitures and provide advice, incl. preparation of carve-out financial statements • Due diligence support, Purchase Price Allocations and principles of push down accounting • Legal entity portfolio and master data design (central legal entity repository) • Acting as a point of contact for external auditors on any technical accounting matters related to control assessment • Preparing or reviewing with technical accounting papers related to control assessment • Aligning with JV affairs on the technical accounting matters and preparation of Statutory Financial statements of the various SABIC subsidiaries and associates • CoE for IFRS 3, IFRS 10, IFRS 11, IAS 27, IAS 36, IAS 37Requirements Degree in accounting 10+ years of Big 4 experience as technical accounting and (financial) auditor Desirable completion of master's degree in accounting/auditing Professional qualification of CPA, CA, or ACCA Demonstratable IFRS expertise, certainly on technical standards (IFRS 9, IFRS, 10, IFRS 11, IAS 28, IAS 19, IAS 36, IFRS 16, IFRS 15)" Post CPA qualification experience of 5+ years Technical training in Big 4 audit firms. Must have worked in audit, financial statements preparation/review, technical accounting advisory Expert knowledge on Mergers, Acquisitions, Divestitures & Integration (MADI) Business acumen, strong analytical skill, knowledge of chemical industry is a plus Expertise knowledge of standard accounting practices, solid knowledge in IFRS Proficient in corporate governance and internal control framework Financial modeling and proform pro forma balance sheet

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