Sr. Specialist Technical Accounting, Group

1 week ago

Riyadh, Saudi Arabia SABIC - Saudi Basic Industries Corp. Full time

Vacant Job ID: 6141
Position Code: 70153676
Position Title: Sr. Specialist Technical Accounting, Group Accounting Competence
Org Unit Name: Group Financial Statements
Affiliate / Company: Saudi Basic Industries Corporation

**Job Purpose**

As part of the Global Reporting & Accounting Advisory team, it is our mission to be a trusted advisor and business partner that supports quality decision-making, financial reporting by thinking in solutions in compliance with prevailing laws and legislations. As a (Sr.) Specialist you will work with stakeholders and play a key role in:

- Accountable for setting policies, provide guidance and best practices to ensure effective, efficient and compliant accounting
- Provide advice to stakeholders for (technical) accounting matters, using in-depth accounting expertise;
- Ensuring compliance with external reporting requirements, mainly IFRS compliant external reporting

**JOB KEY ACCOUNTABILITIES**
Acting as custodian for SABIC’s global accounting policies, support or manage implementation and ensure a compliance review framework
- Providing timely and clear guidance on the accounting implications of business decisions or strategic initiatives
- Assess the impact of new or proposed changes to IFRS and identify the actions required internally to comply with them. Where necessary act as advocate on behalf of SABIC with the standard setters or other governance bodies to achieve a practical and workable accounting policy
- Developing and implementing a training strategy to support SABIC's financial reporting community and other stakeholders.
- Delivering training through various mediums to address the needs of different audiences and learning preferences (such as e-learning, guides to best practice and live meetings)
- Exclusive responsibility for developing and implementing an accounting and reporting knowledge management strategy to deliver ongoing support to SABIC's finance community
- Liaise with group external auditors, ensure timely completion of audit/review

**MINIMUM EDUCATION/EXPERIENCE REQUIREMENTS**
- Master or Bachelor degree in auditing or accounting.
- 10+ years of Big 4 experience as (financial) auditor/accountant or consultant.
- Professional qualification of CPA
- Expertise knowledge of standard accounting practices, solid knowledge in IFRS (IFRS 9, IAS 19, IAS 36, IFRS 16 or IFRS 15)
- Experience in a petrochemicals or industrial organizations is highly preferable.

**COMPETENCIES/SKILLS REQIREMENTS**
- Business acumen.
- Strong analytical skill.
- Excellent team player and business relationships.
- Excellent English written & oral communication skills.

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