Financial Advisor - Relocate to Saudi Arabia, Permanent Expat Family Relocation Package

aramco; Fatih; On-site; TRY 3,719,000 - 5,372,000; Full time

Job summary

A leading global energy company is seeking a financial advisor based in Dhahran, Saudi Arabia. The role involves preparing and managing financial reports, overseeing financial planning, and ensuring compliance with IFRS. Ideal candidates will have extensive experience in finance, particularly in the Oil and Gas sector, and possess strong analytical skills. This position offers a challenging and rewarding work environment, with opportunities for talent development.

Benefits

Challenging professional opportunities

Talent development programs

Qualifications

• 12+ years of experience in finance and reporting activities, with 5+ years in Oil and Gas Downstream.
• Solid understanding of IFRS and accounting principles.
• In-depth knowledge of areas like trade accounting and financial consolidation.

Responsibilities

• Prepare financial and management reports.
• Manage global financial planning and forecasts.
• Consolidate and reconcile financial figures for executive management.

Skills

Financial reporting and controlling

Analytical skills

Cash flow analysis

Project management

Education

Bachelor’s degree in Business, Accounting or Finance

Professional designation (ACCA, CPA, CMA, CIMA, CA, CFA)

Tools

SAP Finance Modules

Microsoft Office Suite

Job description

Please note that this role is based in Saudi Arabia on a permanent, residential basis.

Job Req ID: 16373

Overview

We are seeking an experienced financial advisor to join Downstream Finance, and Performance Management Department (DSF&PMD) focusing on Segment Financial Controlling & Financial Advisory activities for the Downstream Segment based in Dhahran, Saudi Arabia.

The DS Finance Planning & Performance Management (FP&PM) department plays a critical role in shaping the financial deliverables, discipline and decision-making that underpin the success of Aramco’s Downstream business. As a central pillar of the organization, DS FP&PM ensures end-to end visibility and control over financial performance, resource allocation, governance, compliance, business partnering and strategic outcomes. This department is structured across four integrated teams – Planning & Performance (P&P), Financial & Reporting (F&R), Compliance & Governance (C&G), and Business Partnering & Insights – each contributing distinct capabilities that collectively drive the financial strength and agility of the business.

The successful candidate will be part of the segment level team that handles financial reporting and controlling, financial consolidation, compliance (IFRS) and assurance over segment financials reported both internally and externally. It is a critical team within Downstream Finance, responsible for ensuring that segment results are prepared in a timely, accurately and world-class manner, as can be expected from one of the largest companies in the world.

You will be accountable for preparation and submission of segment level financial reports, insights, review of all the overall segments’ and business units financials statements, while ensuring robust controls over financial reporting processes.

Responsibilities

The successful candidate will perform the following:

• Prepare financial and management report
• Manage the global financial planning and quarterly forecasts process
• Participate in the consolidation and reconciliation of financial figures reported to executive management to finalize the business line financial reports at both actual and planning events
• Prepare monthly and quarterly financial statement analytical review at business unit level
• Assess and evaluate financial performance of the organization and provide insight and recommendations with regard to short term operational goals and long-term strategy, budgets and forecasts
• Responsible for carrying out cash flow analysis and as per the financial needs of the company, determine the required financial tools (i.e. Loans (Short or Long term), Hedge, LC, Leasing and etc.) and prepare a business plan to allocate the resources accordingly
• Develop product and regional segment financial statements.
• Establish and maintain reconciliation controls on balance sheet accounts
• Assists in budget development cycles. Set, monitor and allocate budgets in coordination with the business and Finance.
• Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditing.

Minimum Requirements

• A Bachelor’s degree in a Business, Accounting or Finance discipline
• Accounting / Finance professional designation (ACCA, CPA, CMA, CIMA, CA, CFA, or equivalent).
• 12+ years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Oil and Gas Downstream
• Solid understanding of IFRS in relation to Oil & Gas
• Strong knowledge of accounting principles, practices, standards, laws, and regulations
• Working knowledge of SAP Finance Modules
• Strong working knowledge of Microsoft Office Suite
• In depth knowledge in one or more of the following areas: trade accounting, impairment, asset accounting, cost reallocations, revenue accounting, transfer pricing, financial consolidation and group reporting requirements.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

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’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

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.