aramco

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

LocationToronto, ON
Job Typefull_time

About This Job

This position required full relocation to Saudi Arabia. It is a permanent full time Expat relocation package. Please note only referred candidates will be contacted.


Job 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:

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.


Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

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’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’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.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

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