Finance SME – PD&IT (Downstream)

emagine; Dhahran Compound; On-site; SAR 420,000 - 600,000; Full time

Job summary

emagine is seeking a Senior Finance professional to represent the PD&IT area within the Downstream portfolio, ensuring accurate reflection of costs, capital programmes, and allocations in financial reporting frameworks.

The role focuses on capturing current practices, defining reporting needs for cost centres and capital projects, advising on allocation and chargeback principles, and validating governance outputs from a PD&IT viewpoint.

Qualifications

• 12+ years in finance focused on downstream functional and capital programme finance.
• Senior finance experience involving capital projects, technology, or shared-function finance in Oil & Gas.
• Expertise in capex governance, project accounting, and cost allocation models.

Responsibilities

• Capture current finance, budgeting and reporting practices for the PD&IT area.
• Define cost centre, project and capital programme reporting needs (including capex, assets under construction, project costing).
• Advise on allocation and chargeback principles for shared technology and project costs across business segments.
• Validate GCOA, cost centre, and governance outputs from a PD&IT viewpoint.

Skills

Senior finance experience

Capex governance

Project accounting

Cost allocation

Oil & Gas

Tools

SAP PS

Job description

Summary

The role primarily aims to represent the PD&IT area within the Downstream portfolio, ensuring accurate reflection of costs, capital programmes, and allocations in financial reporting frameworks.

Main Responsibilities

• Capture current finance, budgeting and reporting practices for the PD&IT area.
• Define cost centre, project and capital programme reporting needs (including capex, assets under construction, project costing).
• Advise on allocation and chargeback principles for shared technology and project costs across business segments.
• Validate GCOA, cost centre, and governance outputs from a PD&IT viewpoint.

Key Requirements

• Senior finance experience involving capital projects, technology, or shared-function finance in Oil & Gas.
• Expertise in capex governance, project accounting, and cost allocation models.

Nice to Have

• Experience with technology or R&D cost allocation in the downstream sector.
• Familiarity with SAP project systems (PS) or investment management.

Other Details

• Seniority Level - Senior Manager equivalent.
• Experience - 12+ years in finance; focuses on downstream functional and capital programme finance.