This role required candidate to permanently relocate at Dhahran, Saudi Arabia. About the Company
This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia. Job Summary We are seeking a Technical Accounting Advisor to join the Controller's Organization within the Finance, Strategy & Development business line in This Company.
The Controller's Organization acts as This Company's primary representative for financial and income tax reporting to management by producing the Company's consolidated financial statements, subsidiaries' financial statements, and other management reports. The Controller's Organization also provides controls/governance, accounting and advisory services related to This Company's interests. The Controller Organization actively seeks compliance of all organizations regarding controls over financial reporting and generally achieving good corporate governance throughout the Company.
Key Responsibilities: Research accounting literature to address current issues involving accounting and financial reporting. Perform analysis, make recommendations, and prepare responses on accounting matters. Prepare confidential and technical financial accounting papers. Review transaction agreements to ensure compliance with This Company's controls. Assess control and governance environments among This Company's group and document results. Provide Joint venture and M&A integration support from a financial accounting perspective. Offer ad hoc financial expertise as required. Demonstrate a strong level of expertise with IFRS standards and their applicability within a variety of industries, with significant experience within the energy industry being desirable. Establish personal credibility with both internal and external clients, demonstrate excellent interpersonal skills, and work well with fellow team members. Possess the ability to plan, prioritize, and coordinate the team's workload to ensure meeting critical deadlines. Add value by delivering high-quality work and proactively overcoming issues and challenges to ensure timely delivery. Demonstrate financial analytical skills, including the ability to evaluate both industry and individual company information and comprehend advanced accounting topics. Work with minimal supervision, possess good project management skills, and offer logical and innovative solutions to complex issues. Requirements: Willingness to relocate to Dhahran, Saudi Arabia. Hold a bachelor's degree in accounting or its equivalent. Possess professional certifications such as CPA, CA, ACCA, or CMA, which are desirable. A graduate degree is also desirable. Have a minimum of ten years of relevant experience in various industries, including public accounting, accounting policy, IFRS interpretation, internal auditing, financial statement consolidation, financial analysis, financial statement preparation, accounting research, mergers and acquisitions, taxation, process/change management, or strategy/management consulting. Specific operational experience in energy-related activities, infrastructure, utilities (public and/or private), joint ventures and subsidiaries, government sector, non-profits, and public administration would be desirable. Specific corporate business integration experience, including startup experience and related activities, would also be desirable. Possess extensive knowledge of accounting policies and procedures established pursuant to International Financial Reporting Standards (IFRS), as well as a strong understanding of the content of financial statements prepared within the IFRS framework. Have extensive knowledge of accounting policies and procedures in the oil and gas industry and the ability to conduct research on an IFRS or This Company accounting or financial reporting matter. Demonstrate the capability to prepare preliminary findings, analyze alternative approaches, and recommend a preferred action for This Company. Have demonstrated the capability to make presentations or lead meetings, including at the executive level. Leadership skills are desirable. Proficiency in both oral and written English and Arabic is required. SAP or equivalent ERP systems experience is highly desirable.
