Financial Reporting
2 months ago
**About the job Financial Reporting & Consolidation (Full Relocation Package - Saudi Arabia)**:
Our client is a global leader in energy, boasting the lowest upstream carbon intensity among major producers. With extensive investments in technology and infrastructure, they maximize the value of energy while enhancing societal impact. Headquartered in Saudi Arabia, with a global presence, our client's responsible stewardship of hydrocarbon resources spans nine decades, delivering significant benefits to communities and economies worldwide. They are among the world's most profitable companies and rank in the top five by market capitalization.
**Position Description**
- Our client is seeking a Financial Accounting Consolidation Specialist to join the Controllers organization within the Finance, Strategy & Development business line.
- The Controllers organization serves as the primary representative for financial and income tax reporting to management and the government.
- Additionally, the organization manages the General Ledger, Fixed Asset records, and supporting documents.
**Requirements**:
- Hold a bachelor's degree in accounting or a related field, with a graduate degree being desirable.
- Possess professional certifications such as CPA, CA, ACCA, or CMA, along with relevant ongoing education.
- Have a minimum of 10 years of relevant experience, with expertise in financial statement consolidation, analysis, preparation, accounting research, and related areas.
- Experience in energy-related activities, mergers and acquisitions, and corporate business integration is advantageous.
- Extensive knowledge of International Financial Reporting Standards (IFRS) and familiarity with accounting policies in the oil and gas industry is highly desirable.
- Proficiency in English, both oral and written, is necessary.
- Experience with SAP or equivalent ERP systems is highly desirable.
**Duties and Responsibilities**
- Consolidate financial data, including from the Company, subsidiaries, and joint venture entities.
- Review and prepare financial statements.
- Research accounting literature to address current issues involving accounting and financial reporting.
- Provide analysis and recommendations on consolidation matters.
- Prepare financial reports and forecasts.
- Coordinate with auditors and provide support for audit/review of consolidated financial statements.
- Offer financial expertise to subsidiaries and joint ventures.
- Provide support for M&A integration from a financial standpoint.
- Provide ad hoc financial support as required.
**What you can expect**:
Our client offers challenging and rewarding professional, technical, and industrial opportunities, attracting high-performing employees who are remunerated accordingly. They undertake world-scale projects supported by unparalleled investment in capital and technology. As a global energy company, they tackles significant technical, logístical, and environmental challenges, investing heavily in talent development through extensive workforce development programs. Employees at all levels are encouraged to enhance their sector-specific knowledge and competencies.
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