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Finance Academy Instructor
Saudi Arabia
•
Posted: 2023-01-04
•
419 Views
Job Overview & Requirements
<p><b>Aramco energizes the world economy. </b><br />
<br />
Aramco occupies a unique position in the global energy industry. We are the world&
39;s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.<br />
<br />
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&
39;s value to society.<br />
<br />
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations&
39; spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom&
39;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.<br />
<br />
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.<br />
<br />
<b>Job Purpose</b><br />
<br />
Provide financial/accounting analytical and technical support to staff or line accounting departments and<br />
stakeholder organizations to resolve complex accounting issues. Develop, recommend, and implement changes to<br />
accounting policies, procedures, processes and systems. Prepare complex financial forecasts, reports and<br />
other analyses. May lead the work of less-experienced Analysts, when necessary, to complete assigned<br />
projects.<br />
<br />
<b>Responsibilities</b><br />
<br />
DUTY1 / effort % (015)<br />
Prepares confidential & technical financial reports and forecasts on<br />
cash receipts &<br />
disbursements,corporate income,operating and capital plans &<br />
expenditures,manpower<br />
budgets,investments,the consolidated financial position and prepares tax<br />
and transfer<br />
pricing calculations.Reviews Affiliates related cash calls and provides<br />
support to<br />
proponents during the set-up and design of funding procedur<br />
<br />
DUTY2 / effort % (015)<br />
Ensures all financial, accounting, economic and commercial perspectives<br />
are considered<br />
appropriately. Provide advisory support on deal agreements,<br />
governance/structuring,<br />
risks/opportunities and potential mitigations, closing items and<br />
coordinate issues with<br />
other departments to obtain input from the respective subject matter<br />
experts.<br />
<br />
DUTY3 / effort % (015)<br />
Leads and performs complex operational accounting duties:<br />
e.g.calculating account entries,<br />
reconciling, analysing changes in account balances and unit costs,<br />
determining proper<br />
account costing. Calculates and records corporate income and withholding<br />
taxes,VAT,<br />
transfer pricing compliance, provides global tax oversight and required<br />
filing for Saudi<br />
Aramco, its joint ventures and subsidiaries.<br />
<br />
DUTY4 / effort % (010)<br />
Analyses the financial feasibility and impact of proposed financial<br />
transactions such as<br />
hydrocarbon production, sales and purchases, as well as employee and<br />
vendor disbursements<br />
in accordance with company policy and guidelines.<br />
<br />
DUTY5 / effort % (010)<br />
Researches applicable accounting literature in order to establish new<br />
accounting policies,<br />
update existing policies, or otherwise address current issues involving<br />
accounting and<br />
financial reporting and tax compliance.<br />
<br />
DUTY6 / effort % (010)<br />
Analyses and provides recommendations on the feasibility of accounting<br />
information system<br />
proposals to process transactions and related reports. Determines if a<br />
proposal meets user<br />
information requirements and conforms to accounting policy.Develops and<br />
implements<br />
internal control framework and ensure that all material risks have<br />
adequate controls in<br />
place.<br />
<br />
DUTY7 / effort % (015)<br />
May occasionally provide ad hoc financial expertise to support<br />
subsidiaries, joint<br />
ventures, or SAG-sponsored entities. Performs analysis, makes<br />
recommendations, and<br />
prepares letters of response to ad hoc requests involving Contract and<br />
Procurement issues<br />
on Procurement/Contract and Project Funding matters.<br />
<br />
DUTY8 / effort % (010)<br />
Performs financial modelling, investment/divestiture analysis, asset<br />
valuations and<br />
financial due diligence and entity setup activities.<br />
<br />
<b>Education & Experience Requirements</b><br />
<br />
Educational Level :Bachelors<br />
Degree Title : Bachelor of Science<br />
Discipline Title : Business and Management<br />
<br />
Degree Title : Bachelor of Science<br />
Discipline Title : Engineering<br />
<br />
Minimum Years of Experience :09<br />
<br />
<b>Certificates</b><br />
<br />
Title : Assoc of Chartered Certified Accountant (ACCA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Certified Financial Analyst (CFA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Certified Internal Auditor (CIA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Certification in the areas of internal audit and practice.<br />
<br />
Title : Certified Management Accountant (CMA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Certified Public Accountant (CPA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Saudi Org of Certified Public Accountant (SOCPA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
certification in the areas of accounting and auditing standards.<br />
<br />
<b>Working environment </b><br />
<br />
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.<br />
<br />
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world&
39;s biggest technical, logistical and environmental challenges, we invest heavily in talent development.<br />
<br />
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.</p>
<br />
Aramco occupies a unique position in the global energy industry. We are the world&
39;s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.<br />
<br />
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&
39;s value to society.<br />
<br />
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations&
39; spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom&
39;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.<br />
<br />
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.<br />
<br />
<b>Job Purpose</b><br />
<br />
Provide financial/accounting analytical and technical support to staff or line accounting departments and<br />
stakeholder organizations to resolve complex accounting issues. Develop, recommend, and implement changes to<br />
accounting policies, procedures, processes and systems. Prepare complex financial forecasts, reports and<br />
other analyses. May lead the work of less-experienced Analysts, when necessary, to complete assigned<br />
projects.<br />
<br />
<b>Responsibilities</b><br />
<br />
DUTY1 / effort % (015)<br />
Prepares confidential & technical financial reports and forecasts on<br />
cash receipts &<br />
disbursements,corporate income,operating and capital plans &<br />
expenditures,manpower<br />
budgets,investments,the consolidated financial position and prepares tax<br />
and transfer<br />
pricing calculations.Reviews Affiliates related cash calls and provides<br />
support to<br />
proponents during the set-up and design of funding procedur<br />
<br />
DUTY2 / effort % (015)<br />
Ensures all financial, accounting, economic and commercial perspectives<br />
are considered<br />
appropriately. Provide advisory support on deal agreements,<br />
governance/structuring,<br />
risks/opportunities and potential mitigations, closing items and<br />
coordinate issues with<br />
other departments to obtain input from the respective subject matter<br />
experts.<br />
<br />
DUTY3 / effort % (015)<br />
Leads and performs complex operational accounting duties:<br />
e.g.calculating account entries,<br />
reconciling, analysing changes in account balances and unit costs,<br />
determining proper<br />
account costing. Calculates and records corporate income and withholding<br />
taxes,VAT,<br />
transfer pricing compliance, provides global tax oversight and required<br />
filing for Saudi<br />
Aramco, its joint ventures and subsidiaries.<br />
<br />
DUTY4 / effort % (010)<br />
Analyses the financial feasibility and impact of proposed financial<br />
transactions such as<br />
hydrocarbon production, sales and purchases, as well as employee and<br />
vendor disbursements<br />
in accordance with company policy and guidelines.<br />
<br />
DUTY5 / effort % (010)<br />
Researches applicable accounting literature in order to establish new<br />
accounting policies,<br />
update existing policies, or otherwise address current issues involving<br />
accounting and<br />
financial reporting and tax compliance.<br />
<br />
DUTY6 / effort % (010)<br />
Analyses and provides recommendations on the feasibility of accounting<br />
information system<br />
proposals to process transactions and related reports. Determines if a<br />
proposal meets user<br />
information requirements and conforms to accounting policy.Develops and<br />
implements<br />
internal control framework and ensure that all material risks have<br />
adequate controls in<br />
place.<br />
<br />
DUTY7 / effort % (015)<br />
May occasionally provide ad hoc financial expertise to support<br />
subsidiaries, joint<br />
ventures, or SAG-sponsored entities. Performs analysis, makes<br />
recommendations, and<br />
prepares letters of response to ad hoc requests involving Contract and<br />
Procurement issues<br />
on Procurement/Contract and Project Funding matters.<br />
<br />
DUTY8 / effort % (010)<br />
Performs financial modelling, investment/divestiture analysis, asset<br />
valuations and<br />
financial due diligence and entity setup activities.<br />
<br />
<b>Education & Experience Requirements</b><br />
<br />
Educational Level :Bachelors<br />
Degree Title : Bachelor of Science<br />
Discipline Title : Business and Management<br />
<br />
Degree Title : Bachelor of Science<br />
Discipline Title : Engineering<br />
<br />
Minimum Years of Experience :09<br />
<br />
<b>Certificates</b><br />
<br />
Title : Assoc of Chartered Certified Accountant (ACCA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Certified Financial Analyst (CFA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Certified Internal Auditor (CIA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Certification in the areas of internal audit and practice.<br />
<br />
Title : Certified Management Accountant (CMA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Certified Public Accountant (CPA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
Reduce 2 yrs from min yrs of exp. on full accred.in one of these certificates (<br />
<br />
Title : Saudi Org of Certified Public Accountant (SOCPA)<br />
Req./Pref. : Preferred<br />
Comments-Nature of Cert./License Relations :<br />
certification in the areas of accounting and auditing standards.<br />
<br />
<b>Working environment </b><br />
<br />
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.<br />
<br />
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world&
39;s biggest technical, logistical and environmental challenges, we invest heavily in talent development.<br />
<br />
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.</p>
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Job Summary
Category
Human Resources
Country
Saudi Arabia
Employment Type
Full Time
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