We are seeking a Joint Venture Financial Analyst to join the Joint Venture Support Division of the Joint Venture Support and Financial Consulting Department (JVS&FCD). Finance representatives are periodically selected from our pool of analysts and placed in CFO/Controllership positions with one of the Company’s business lines, joint ventures (JVs), affiliates, subsidiaries, global operations, or mega projects.
JVS&FCD is a part of the Finance Strategy & Development business line in Saudi Aramco and reports to the Controller’s organization. The Joint Venture Support Division is responsible for providing support to senior management and various business lines as it relates to JV matters. This support is provided through management reporting, financial analysis, financial advisory services, and financial reporting.
You will work on high-profile assignments. Core job requirements will include, but are not limited to: strong management skills, JV accounting skills (equity accounting/consolidation), management accounting, analytics, and ability to manage competing priorities, effective oral and written communication skills, and ability to working in a multicultural environment
This position will offer you an opportunity to further expand professional and interpersonal skills. Potential assignments can be diverse as Saudi Arabia moves forward to meet the country’s growing demand for energy and as the Company continues to diversify and expand its global footprint.
You will be expected to arrive with the requisite accounting, financial, and managerial skills to perform the required duties. Your focus will be on acclimating to the Company’s governance, policies, and culture.
You will possess significant relevant experience within one or more industries, which will allow the applicant to be considered a subject matter expert for that industry. You will have the ability to establish personal credibility with various internal clients and demonstrate excellent interpersonal and engagement skills. You must be a team player, be able to plan and coordinate their own workload, and meet deadlines. You will be able to add value by delivering work of the highest quality and be able to proactively overcome issues to ensure delivery.
You should have demonstrated financial and accounting skills that include the ability to evaluate both industry and individual company information, and comprehend advanced accounting topics and taxation. You also must be able to work with minimal supervision and possess good project management skills.
As a successful candidate, you will hold a bachelor’s degree in accounting or finance, as well as any relevant advanced professional competencies evidenced by professional certification such as a CPA, CA, or CFA. An MBA or other post-graduate degree is desirable.
A minimum of 15 years of relevant experience, which may include experience in financial reporting, accounting research, international taxation, financial analysis, financial modeling, business development, mergers and acquisitions, corporate governance, internal controls, financing and cash management, and consulting.
Familiarity with International Financial Reporting Standards (IFRS) and SAP is desirable. Industry experience in chemicals, power generation, or oil and gas is preferred. Proficiency in oral and written English is required.
Duties and Responsibilities
You will be required to perform the following:
Prepare accounting entries for JV investments
Review board materials for JVs and prepare commentary and analysis for board members
Perform financial analysis on JVs and projects
Perform financial modeling and business support due diligence
Ad hoc support as required
Manage the day-to-day accounting function
Monitor internal financial controls and resolve deficiencies
Monitor for compliance with corporate governance best practices
Ensure compliance with Company policies and project documents
Work with management on preparation and presentation of financial forecasts
Manage the planning and budgeting function
Oversee cash management and financing activities
Provide joint venture and M&A integration support
Brief the Controller’s organization on operational matters, new projects, and initiatives
Support management on complex accounting and finance matters
Coordinate other internal finance support as needed to support business initiatives and projects
Make presentations to management as needed