Segment Accounting Advisor
Aramco
- Saudi Arabia
- Permanent
- Full-time
- Participate in the consolidation and reconciliation of financial figures reported to executive management to finalize the segment 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 Upstream Finance community advice on technical accounting issues
- Works closely with business & functional SMEs to perform decision support analysis on both internal (e.g. transfer pricing) and external commercial arrangements together with respective accounting assessments;
- Closely monitors commercial operations to maximize value creation and prevent value loss.
- Identify and implement preventative and detective controls on key financial processes
- Establish and maintain reconciliation controls on balance sheet accounts
- Maintain Upstream internal reference material related to accounting & compliance
- Implement and oversee transfer pricing and cost allocation policies in the Upstream area
- Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditing
- A Bachelor's 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 in implementing financial controls.
- Solid understanding of IFRS in relation to Oil & Gas
- Previous experience in delivering presentations to C-Suite
- Ability to work with incomplete data and drive conclusions and recommendations to senior management
- Working knowledge of SAP Finance Modules.
- In depth knowledge in one or more of the following areas: well accounting, asset accounting, cost reallocations, revenue accounting, transfer pricing, financial consolidation and group reporting requirements
- Strong modelling experience would be considered an asset as it allows you to be active in an even broader suite of responsibilities