Saudi Aramco, long known for its leadership in oil and gas exploration and production, is seeking experienced professionals to join our emerging unconventional resources (UR) business.
The Unconventional Resources Exploration and Development Department is a part of the Upstream Business Line at Saudi Aramco and reports to the Exploration organization. In consequence, Saudi Aramco announces this opportunity for a qualified professional accountant to participate in this strategic business.
The UR organization seeks a candidate who will support the organization in achieving its strategies, such as geological, operational etc., with his/her planning, budgeting, problem solving and other accounting skills.
In this career, the successful candidate will build accounting experience in fields that are related to geology, drilling, gas producing, and other related operational activities. Furthermore, the candidate will gain access to the organization's current and future strategy status and other financial reports such as full costing reports, profit center reports, cost centers, transfer pricing and Service Level Agreements (SLA), resources and accountabilities. In addition, the successful candidate will benefit from Saudi Aramco's in-house training opportunities.
Successful candidates will be required to meet the following minimum requirements:-
A Bachelor of Science degree in Accounting or Finance.Master Degree is plus.
A minimum of 12 years of experience in financial examination, budgeting, planning, AFEs, performance measurement (KPIs), expenditure analysis or related fields at operational or manufacturing corporations such as oil and gas.
Must have general knowledge of applicable International Financial Reporting Standards (IFRS). Good skills in Microsoft Office applications. Experience in working with SAP/Oracle, Business Object and Hyperion is an added advantage. Prior experience within a shale/unconventional gas environment is strongly preferred.
Completion of one of the following professional credentials is required:
Certified Public Accountant (CPA)
Certified Management Accountant (CMA)
Chartered Institute of Management Accountants (CIMA)
Chartered Global Management Accountant (CGMA)
Duties and Responsibilities
You will be required to perform the following duties for the whole department:
Perform analytical and staff functions in budgets, performance indices, costs, workloads, service requirements, contracts and various statistical and special studies.
Prepare and track AFEs for asset owners.
Conduct competitive cost analysis tasks.
Make recommendations for the economic optimization of existing facilities/assets.
Assist in advance feasibility/profitability analysis of UR growth activities, projects and plans.
Monitor, report and evaluate the impact of the organization's activities on cash flows.
Contribute to UR strategies; advise regarding the organization's capacities, capabilities, trends, and potential leveraging of improvements.
Be proactive and promote a culture of continuous business process improvements.
Consolidate and compile financial information from various other company Divisions for use by management.
Train future work colleagues in their roles and duties in the business.
Conduct all duties and responsibilities in as genuine, accurate and complete a manner as possible in line with the Saudi Aramco periodic auditing program.
Assist in the preparation and execution of various routine and unique tasks as assigned by superiors.