Segment Accounting and Finance Advisor

3 weeks ago


المملكة العربية السعودية, Saudi Arabia aramcoservices Full time

Job Req ID: 6554- Description:

- **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 Description**:
We are seeking an experienced qualified accountant to join Downstream Finance, and Performance Management Department (DSF&PMD) focusing on Segment Financial Reporting & Compliance activities for the Downstream Segment based in Dhahran, Saudi Arabia.
You will be accountable for preparation and submission of segment level financial reports, insights, review of all the overall segments’ and business units financials statements (focusing on P&L and Balance Sheet) and notes to senior management, while ensuring robust controls over financial reporting processes.

The role provides exposure to senior management as well as the opportunity to get involved in wide ranging financial activities associated with business planning, monthly and quarterly reporting, long-term planning, investment decisions, price and tariff development and negotiations..
Overall, this is a fantastic, and high profile, role that will allow the successful applicant market leading career opportunities.
Saudi Aramco is an IFRS (International Financial Reporting Standards) company.

**Responsibilities**:

- Assists in budget development cycles. Set, monitor and allocate budgets in coordination with the business and Finance.
- Participate in the consolidation and reconciliation of financial figures reported to executive management to finalize the business line financial reports at both actual and planning events
- Prepare monthly and quarterly financial statement analytical review at business unit level
- Ensure timely and accurate recognition of provisions relating to environmental remediation, legal and asset retirement obligations
- Provide Downstream Finance community advice on technical accounting issues
- Identify and implement preventative and detective controls on key financial processes
- Establish and maintain reconciliation controls on balance sheet accounts
- Implement and oversee transfer pricing and cost allocation policies in the Downstream area
- Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditing
- Coordinate with various internal company financial stakeholders and compliance such as Treasury, Accounting Policy, Tax, Pricing, Financial Accounting, External Reporting, Enterprise Risk, Audit, and Affiliates Support for the DS business. Ensure facilitation of Downstream objectives through these stakeholders
- Oversee the implementation of cost-effective internal controls for results-oriented management; assess the adequacy of DS internal controls; identify needed improvements and take corresponding corrective action; and report annually on the internal controls through management assurance statements.
- Develop product and regional segment financial statements.
- Support the performance management team in key deliverables such as business planning, monthly and quarterly business reviews and forecasting our financial results. Also, exploiting optimization opportunity, building business case and support in implementing such opportunity. Support business development activities ranging from capital projects to upgrades.
- Support business systems architecture and ERP for financial functions initiatives.
- Develop and/or review financial models (mainly in relations to the impairment testing, tariffs, and tax related activities)

**Education & Experience Requirements**:

- A Bachelor’s degree in a Business or Finance discipline.
- Accounting / Finance professional designation (ACCA, CPA, CMA, CIMA, CA, CFA, or equivalent).
- 12 years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Downstream.
- Previous experience in implementing financial controls.
- Solid understanding of IFRS in relation to Oil & Gas
- Ability to work with incomplete data and drive conclusions and recommendations to senior managem



  • المملكة العربية السعودية, Saudi Arabia MECS Africa Full time

    Middle East, Saudi Arabia- (Market related, Negotiable)We are seeking a Technical Accounting Advisor to join the Controller's Organization within the Finance, Strategy & Development business line in Saudi Arabia.Key ResponsibilitiesYou will be required to perform the following:Research accounting literature to address current issues involving accounting and...


  • المملكة العربية السعودية, Saudi Arabia MECS Africa Full time

    Middle East, Saudi Arabia - (Market related, Negotiable) We are seeking a Technical Accounting Advisor to join the Controller’s Organization within the Finance, Strategy & Development business line in Saudi Arabia. **Key Responsibilities** You will be required to perform the following: - Research accounting literature to address current issues involving...

  • Finance Director

    2 months ago


    المملكة العربية السعودية, Saudi Arabia SYSTRA Full time

    Country/Region: SA- Field: Support & transversal- Location: Riyadh, SA- Type of Contract: Permanent- Level of experience: 10-15 years- Job number: **SYSTRA is one of the world's leading engineering and consultancy groups** **specialising in public transport and sustainable mobility**. With over **8,250 employees**, SYSTRA's mission is to design safe and...

  • Accountant - Finance

    3 weeks ago


    المملكة العربية السعودية, Saudi Arabia El Seif Full time

    Main Competencies required for the Position - Prepare balance sheets, profit and loss statements and other financial reports. Responsibilities also include analyzing trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses. Reports organization's finances to management and offers suggestions about...


  • المملكة العربية السعودية, Saudi Arabia Bechtel Full time

    **Requisition ID: 270977** - ** Relocation Authorized: National - Single**: - ** Telework Type**:Full-Time Office/Project**: - ** Work Location: Riyadh** **Company Overview**: - Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency...


  • المملكة العربية السعودية, Saudi Arabia aramcoservices Full time

    Job Req ID: 13992- Description: - **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...


  • المملكة العربية السعودية, Saudi Arabia SAUDIA Airlines Full time

    Manage, direct, and follow up all Finance and Accounting’s activities. - Direct ideas and take an appropriate decision to achieve objectives according to approved regulations and procedures. **Responsibilities**: - Direct supervision on the Department’s staff, distribute tasks, follow-up and evaluate their performance to ensure production continuity. -...


  • المملكة العربية السعودية, Saudi Arabia Hilton Full time

    The role aims to be recognized as trusted advisors in the hotel / hotels. This role supports the finance lead to attract and retains best-in-class finance professionals. This role assists in developing their finance team and enables them to Thrive. The role communicates with impact, ensures a robust control and compliance environment and supports to enable...

  • Chief Accountant

    4 weeks ago


    المملكة العربية السعودية, Saudi Arabia Hilton Full time

    Chief Accountant The role aims to be recognized as a trusted advisor to finance team members and other hotel business partners. This role supports the finance lead to retain and train best-in-class finance professionals and assists in developing their finance team. This role ensures a robust control and compliance environment that supports the hotel/hotels...

  • Accounting Specialist

    2 weeks ago


    المملكة العربية السعودية, Saudi Arabia aramcoservices Full time

    Job Req ID: 13859- Description: - **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...

  • Finance & Accountant

    2 weeks ago


    المملكة العربية السعودية, Saudi Arabia NES FIRCROFT Full time

    Role: Finance & AccountantLocation - Saudi ArabiaLooking for fresh Graduate with relevant education.With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Infrastructure, Life Sciences, Mining, Automotive and Chemicals sectors worldwide.With more...

  • Tax & Finance Officer

    4 weeks ago


    المملكة العربية السعودية, Saudi Arabia Vinnell Arabia Full time

    **Position** - TAX & FINANCE OFFICER**Req Code** - 1500-009**Location** - DOWNTOWN**Grade** - P-08**Basic Functions** - Under the direction of the Director/Controller - FAD, plans, directs and coordinates all activities related to Tax, Finance and Management reporting.**Major Duties and Responsibilities** **A.** **Duties/responsibilities**: 1. Assist in the...

  • Contract Advisor

    2 weeks ago


    المملكة العربية السعودية, Saudi Arabia Salt Recruitment Full time

    Company Overview: We are one of the world's largest procurement consultancy firms, operating globally across all industries. As a trusted advisor to leading organizations, we provide comprehensive procurement and supply chain solutions to drive efficiency, cost savings, and operational excellence. We are currently seeking a Contract Advisor to join our...


  • المملكة العربية السعودية, Saudi Arabia Hilton Full time

    Assistant Cluster Finance Manager The role aims to be recognized as a trusted advisor in the hotel/hotels. This role supports the finance lead to attract and retain best-in-class finance professionals. This role assists in developing their finance team and enables them to Thrive. The role communicates with impact, ensures a robust control and compliance...

  • Senior Accountant

    2 weeks ago


    المملكة العربية السعودية, Saudi Arabia Ybrands Marketing and Advertising Full time

    Job Title: Senior AccountantLocation: Ybrands SaudiResponsibilities: Prepare and maintain accurate financial records, including balance sheets, income statements, and cash flow statements Conduct regular financial analysis and reporting to identify trends and opportunities for improvement Manage and reconcile bank accounts, credit cards, and other financial...

  • Contract Advisor

    4 weeks ago


    المملكة العربية السعودية, Saudi Arabia Salt Recruitment Full time

    Company Overview: We are one of the world’s largest procurement consultancy firms, operating globally across all industries. As a trusted advisor to leading organizations, we provide comprehensive procurement and supply chain solutions to drive efficiency, cost savings, and operational excellence. We are currently seeking a Contract Advisor to join our...


  • المملكة العربية السعودية, Saudi Arabia Archer Recruitment Pte Ltd Full time

    Our client is seeking Airport Advisors & Analysts to be based in Singapore and Riyadh, Saudi Arabia. **Requirements**: - Hold a relevant engineering or economics degree at bachelors or, ideally, masters level - Chartered status is preferred - Ideally a minimum of 10 years of experience in project economics and financial analysis including funding of...

  • Senior Counsel

    2 months ago


    المملكة العربية السعودية, Saudi Arabia Industrial Personnel & Management Services Inc (IPAMS) Full time

    NOTE: We can only respond to applicants whose current experience, industry and qualifications match the requirements of our principals/employers. **Qualifications**: - Licensed attorney, certified public accountant, chartered accountant, chartered tax advisor, or have an equivalent qualification. - An LL.M. in Taxation, Master of Business in Tax or the...

  • Tax & Finance Officer

    2 weeks ago


    المملكة العربية السعودية, Saudi Arabia Vinnell Arabia Full time

    Position TAX & FINANCE OFFICERReq Code Location DOWNTOWNGrade P08Basic Functions Under the direction of the Director/Controller FAD, plans, directs and coordinates all activities related to Tax, Finance and Management reporting.Major Duties and ResponsibilitiesA Duties/responsibilities:Assist in the preparation of monthly, quarterly, and yearly (VAT return,...


  • المملكة العربية السعودية, Saudi Arabia Archer Recruitment Pte Ltd Full time

    Our client is seeking Airport Advisors & Analysts to be based in Singapore and Riyadh, Saudi Arabia.Requirements: Hold a relevant engineering or economics degree at bachelors or, ideally, masters level Chartered status is preferred Ideally a minimum of 10 years of experience in project economics and financial analysis including funding of...