Aramco Americas is hiring! We are looking for a professional to provide staff accounting services to the Controller's Division. They may provide work direction to lower-level professional/clerical personnel. Conducts accounting studies; coordinates implementation of accounting program changes; develops and directs implementation of cost compliance procedures; monitors and evaluates effectiveness and adherence of accounting procedures and controls.
They are responsible, under the general direction of a Group Leader or Accounting Staff Analyst, for coordinating staff accounting efforts and provides staff accounting advice and assistance serving all ASC departments and Subsidiary Companies. They will perform analyses, studies, and forecasts of corporate or department significance. Incumbent will work independently with supervision normally limited to consultation regarding workload priorities, policy interpretation, and progress reports on job status or completed work, and general reviews of major aspects of completed work.
Duties & Responsibilities
- Monthly, quarterly and annual financial reporting and consolidation to Saudi Aramco Financial Accounting Department for Aramco Services Company, its 12 subsidiary companies and Aramco Trading Americas.
- Prepare annual audited financial statements for Aramco Services Company consolidated group, Aramco Associated Company standalone. Assist with the preparation of Aramco Trading Americas audited financial statements.
- Record journal entries and topside entries
- Analyze and report on period over period variances on the balance sheet and income statement
- Prepare or review invoices sent to affiliates
- Assist with financial reporting queries from management and affiliate companies
- May provide work direction to lower level professional and clerical personnel.
- Conducts and directs analytical, cost, and feasibility studies to identify the potential and the recommendations for more effective financial controls, cost reductions, better accountability and improved operations.
- Coordinates the implementation of approved accounting policy procedure program changes with involved units in the Controller's Division, with CCSD and with other departments as required. Revises applicable forms, manuals, reports and general instructions and provides necessary training.
- Prepares reports and presentations regarding Company income, capital expenditures, investment, operating costs and financial positions.
- Reviews drafts of contracts and agreements, recommends approval or modification to assure conformance to sound accounting and business principles and financial arrangements attractive to the Company.
- Formulates and updates operating, expenditure, and general ledger accounts, entry codes, and overhead allocations.
- Assist with external and internal audit requests
- Occasionally research accounting issues for compliance with IFRS and document rationale
- Designs accounting business systems for computerization and acts as project leader in the development of these systems.
- Performs other related duties as assigned.
Education and Experience
- Bachelor's degree in Accounting, Business Administration, Finance or Economics. MBA or CPA highly desirable.
- Seven (7) years diversified experience in corporate and/or public accounting with five years’ experience directly related to area of specific job assignment desirable.
- SAP Finance, Microsoft Office, SAP Business Planning and Consolidation, knowledge of Internal Financial Reporting Standards
- Must be able to communicate and comprehend English accurately, clearly and concisely at a level required to perform the job as outlined. Ability to prepare highly technical reports and memoranda; be able to make oral and visual presentations to all levels of management.
- Comprehensive knowledge of company's organization, policies and operations with special and extensive knowledge of ASC accounting system; basic knowledge of Aramco's oil and worldwide support operations and U.S. Companies agreements preferred.
- Must possess good work habits, a strong work ethic, and be able to adhere to company work hours, policies, and standard business etiquette.
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