SENIOR ACCOUNTANT

Saudi Aramco Nabors Drilling; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A major drilling services company in Saudi Arabia is seeking a professional with 4-5 years of experience in accounting to manage financial processes. The role involves preparing journal entries, ensuring compliance with IFRS 16 and GCC VAT, and supporting tax forecasting. Familiarity with ORACLE and the drilling industry is preferred, along with a Bachelor's degree in Accounting.

Qualifications

• A minimum of 4-5 years of relevant experience.
• Familiarity with multinational business preferred.
• Experience in drilling/oilfield service industry preferred.

Responsibilities

• Monitor the monthly close process and ensure proper documentation.
• Calculate and prepare journal entries for local transactions.
• Maintain leasing master data base with compliance requirements.
• Assist with tax forecasting and local reporting.
• Provide assistance to other business units on job-related issues.

Skills

Financial reporting

IFRS 16 compliance

GCC VAT compliance

Journal entries preparation

Tax forecasting

Education

Bachelor's degree in Accounting or relevant field

Tools

ORACLE

Job description

ROLES AND RESPONSIBILITIES

Operational

• Monitor the monthly close process and ensure proper documentation and filing of support information
• Calculate and prepare journal entries for local transactions as indicated in the monthly close
• Maintain leasing and subleasing master data base with high proficiency in IFRS 16 and GCC VAT compliance
• Follow up on monthly invoicing, working capital management and AR to ensure timely accounting activities
• Reconcile complex FA registers, eliminations, Statutory and GAAP recos.
• Assist with tax forecasting and local reporting
• Assist with local regulatory filings in order to meet all local compliance requirements
• Prepare accounting and administration reports as required

Operational (General)

• Provide assistance to SANAD’s other business units on issues pertinent to job function; participate in performing routine checks and inspections to ensure the highest safety and quality standards are being maintained if required
• Take care of health, safety and environmental impact both personally, and for others who may be affected in the workplace. Cooperate with the Company and co-workers to help everyone meet their legal and company requirements
• Adapt to, and participate in, any programs/changes in SANAD including but not limited to strategic initiatives, operational initiatives and performance uplift tasks; conduct any relevant work that may result from these changes as an integral part of this job description and employment contract
• Help support the organization in extraordinary events such as claims by contractors, dispute reviews and participation in arbitration
• Perform any other activity as required by the company both at the company premises and remotely when requested by the company
• Proactively seek out information that is relevant to job role whether internally or externally to efficiently and effectively deliver. Remain up to date with context of the Company and the role within it to provide insight on potential opportunities and/or challenges
• Contribute to the execution and delivery of any activities as and when required to ensure the continuity of work in the absence of other colleagues

Product / Process Improvement

• Proactively evaluate the effectiveness of processes utilized within the designated department, and make and implement improvements as needed in order to increase efficiency

Physical Working Conditions

• Normal working conditions (office): travel for trainings; company events when requested

Qualifications

• A minimum of 4-5 years of relevant experience
• ORACLE experience is highly desirable
• Multinational business familiarity preferred
• Experience in drilling/oilfield service industry preferred
• Bachelors’ degree in Accounting or relevant field