Global Oil Gas Senior Financial Accounting Consolidation Specialist
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Job Description
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 Financial Accounting Consolidation Specialist to join the Controllers organization within the Finance Strategy & Development business line in This Company. The Controllers organization acts as This Companys primary representative for financial and income tax reporting to management and to the Saudi Arabian government producing the Companys consolidated financial statements subsidiaries financial statements and other management reports. Additionally the organization maintains the Companys General Ledger Fixed Asset records and supporting documents while also monitoring payments and calculating withholding taxes related to nonresident vendors. The Controller also provides accounting and advisory services related to This Companys interests.
You will possess significant relevant financial consolidation experience within a variety of industries; however significant experience within the energy industry is desirable. You will have the ability to establish personal credibility with both internal and external clients demonstrate excellent interpersonal skills and work well with fellow team members while planning prioritizing and coordinating their workload to ensure meeting critical deadlines. You will be able to add value by delivering high quality work and be able to proactively overcome issues and challenges to ensure timely delivery.
You should have demonstrated financial analytical skills that include the ability to evaluate both industry and individual company information and comprehend advanced accounting topics. You must be able to work with minimal supervision possess good project management skills and be able to offer logical and innovative solutions to complex issues.
Responsibilities:
- Consolidate financial data from the Company subsidiaries and joint venture entities.
- Conduct financial statement review analysis and preparation.
- Research accounting literature to address current issues in accounting and financial reporting.
- Perform analysis make recommendations and prepare responses on consolidation matters.
- Prepare confidential and technical financial reports and forecasts.
- Coordinate with auditors and offer full support for audit/review of consolidated financial statements.
- Offer financial expertise to subsidiaries joint ventures or within the Company.
- Provide support for Joint Venture and M&A integration from a financial statement perspective.
- Offer ad hoc financial expertise as needed.
Requirements:
- This role required candidate to permanently relocate at Dhahran Saudi Arabia.
- Hold a bachelors degree in accounting or a related field; a graduate degree is desirable.
- Possess relevant advanced professional competencies demonstrated by certifications such as CPA CA ACCA or CMA.
- Hold accountingfocused professional licenses and engage in continuing professional education.
- Have a minimum of 10 years of relevant experience in industries such as financial statement consolidation financial analysis preparation accounting research mergers and acquisitions taxation process/change management and strategy/management consulting.
- Specific operational experience in energyrelated activities infrastructure utilities (public and/or private) joint ventures and subsidiaries government sector nonprofits and public administration is desirable.
- Specific corporate business integration experience including startup experience is desirable.
- Extensive knowledge of accounting policies and procedures established pursuant to International Financial Reporting Standards (IFRS).
- Strong understanding of financial statements prepared within the IFRS framework.
- Extensive knowledge of accounting policies and procedures in the oil and gas industry.
- Ability to conduct research on IFRS or This Company accounting/financial reporting matters.
- Ability to prepare preliminary findings analyze alternative approaches and recommend preferred actions for This Company.
- Demonstrated capability to make presentations or lead meetings including at the executive level.
- Leadership skills are desirable.
- Proficiency in both oral and written English.
- Experience with SAP or equivalent Enterprise Resource Planning (ERP) systems is highly desirable.
IFRS,Financial Statement,Consolidation,Accounting
Employment Type
Full Time
