;

Upstream Financial Control and Reporting Professional in Saudi Arabia, Saudi Arabia

Req Number: 18383BR

Position Description:
We are currently seeking experienced qualified accountants to join our Operating Function Finance departments. The successful candidate will be a key member of the Financial Reporting & Compliance team responsible for accounting, compliance (IFRS), and assurance over function and field level financials that roll into segment results.

The role offers a unique opportunity to gain exposure to the worlds largest onshore and offshore fields and production facilities and to handle complex accounting and financial reporting processes in connection with this.
You will perform a broad range of responsibilities that include function/field level financial analysis and reporting to senior management, enhancing controls over key processes, as well as providing your subject matter expertise to support performance management and business planning processes.

Success in this role requires the ability to build effective networks, the courage to challenge the status quo and execute improvements while delivering timely, complete, and accurate financial reporting.

Saudi Aramco is an IFRS (International Financial Reporting Standards) company.

Minimum Requirements:
A Bachelors degree in a Business or Finance discipline.

Accounting professional designation (ACCA, CPA, CMA, CIMA, CA, or equivalent).

12 years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Oil & Gas value chain.

Previous experience of all Operational functions, e.g., Production Operations, Drilling, Maintenance and Engineering, and Logistics, would be a plus

Previous experience in implementing financial controls and process improvements.

Solid understanding of IFRS in relation to Oil & Gas.

Ability to work with incomplete data and drive conclusions and recommendations to senior management.

Demonstrated ability to effectively coach and mentor junior staff.

Solid understanding of the R2R and P2P processes.

Working knowledge of SAP Finance Modules.

Duties & Responsibilities:
Ensure function/field transactions and results are recorded and reported with integrity, transparency, and in a timely manner.

Actively participate on cost management initiatives to ensure cost optimization and unit cost goals are achieved.

Support timely monthly, quarterly, and annual financial close processes.

Assist with preparation of the annual Operating and Capital Budget.

Identify and implement preventative and detective controls on key financial processes such as production, operating/capital expenditure, accruals, cost allocations, and DD&A.

Maintain Fixed Assets reporting including ensuring that depreciation is calculated accurately on a monthly basis, asset transfers, and retirements are processed in an accurate and timely manner.

Engage with Segment Financial Reporting and Compliance team to ensure proper recording of unusual transactions and compliance with reporting requirements.

Coordinate the quarterly impairment indicator review and submission process for each field.

Ensure timely and accurate recognition of provisions relating to environmental remediation, legal, and asset retirement obligations.

Challenge and question commercial views to ensure proper considerations, compliance and financial reporting requirements, and ensure best long-term outcomes.

Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditing.

About us:
Saudi Aramcos Exploration & Producing (E&P) business line oversees the worlds largest reserves of conventional crude oil, and the fourth-largest reserves of natural gas. The Companys reserves portfolio include Ghawar, the worlds largest onshore oil field, and Safaniya, the largest offshore field. Company geologists are actively seeking additional reserves in many areas of the Kingdom, offshore in the Gulf and the Red Sea and onshore in the deserts and mountains. Petroleum engineers and earth scientists in E&P work with cutting-edge technology to manage and produce these reserves, including 3D visualization, reservoir simulation and remote geosteering of multilateral wells. The Companys Exploration and Petroleum Engineering Center, or EXPEC, is home to one of the industrys most powerful computer centers. Research and development into subsurface upstream technology is conducted at the EXPEC Advanced Research Center. For more than two decades in a row, Saudi Aramco has been ranked the No. 1 oil company in the world by Petroleum Intelligence Weekly, a testament to the dedication and professionalism of the men and women of Exploration & Producing.

JOB SEARCH

Keywords / job title / skill / company

Type any location in the box above, or select below :
Africa
Asia & Pacific
CIS
Europe
Middle East
North America
South America
Afghanistan
Åland Islands
Albania
Algeria
American Samoa
Andorra
Angola
Anguilla
Antarctica
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
Bahamas, The
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bonaire, Sint Eustatius and Saba
Bosnia and Herzegovina
Botswana
Bouvet Island
Brazil
British Indian Ocean Territory
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos (Keeling) Islands
Colombia
Comoros
Congo, Democratic Republic of the
Congo, Republic of the
Cook Islands
Costa Rica
Cote d'Ivoire
Croatia
Curaçao
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
East Timor
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands (Islas Malvinas)
Faroe Islands
Fiji
Finland
France
French Guiana
French Polynesia
French Southern and Antarctic Lands
Gabon
Gambia, The
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guadeloupe
Guam
Guatemala
Guernsey
Guinea
Guinea-Bissau
Guyana
Haiti
Heard Island and McDonald Islands
Holy See (Vatican City)
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iraq
Ireland
Isle of Man
Israel
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Kiribati
Korea, South
Kosovo
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libyan Arab
Liechtenstein
Lithuania
Luxembourg
Macau
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Micronesia, Federated States of
Moldova, Republic of
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Myanmar
Namibia
Nauru
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
Northern Mariana Islands
Norway
Oman
Pakistan
Palau
Palestinian territories
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Islands
Poland
Portugal
Puerto Rico
Qatar
Reunion
Romania
Russia
Rwanda
Saint Barthélemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Sint Maarten
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Georgia and the Islands
South Sudan
Spain
Sri Lanka
Suriname
Svalbard
Swaziland
Sweden
Switzerland
Taiwan
Tajikistan
Tanzania, United Republic of
Thailand
The Former Yugoslav Republic of Macedonia
Togo
Tokelau
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
United Arab Emirates
United Kingdom
United States
United States Minor Outlying Islands
Uruguay
Uzbekistan
Vanuatu
Venezuela
Vietnam
Virgin Islands (US)
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe

Country, town, city or postcode

--Web3New--