Company: Saudi Aramco (ASC)
Experience: 15 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Saudi Arabia
In order to apply for this position, applicants MUST meet the following criteria. If your resume
does not match these criteria, you will not be able to apply for this position.
Req Number: 16689BR
We are currently seeking an experienced Production Accounting Analyst to join the Unconventional Resources Finance, Planning & Performance Management Division (UR FP&PM).
Unconventional Resources is part of the Upstream Business Line with a mandate to explore, develop and produce unconventional gas and associated hydrocarbon liquids in the Kingdom of Saudi Arabia. The Production Accounting Analyst will work closely with internal and corporate stakeholders to ensure product volumes and revenues are forecast and accounted for in accordance with company guidelines.
The UR FP&PM division provides finance, accounting, and planning support to Unconventional Resources' operational departments encompassing drilling and stimulation (fracturing); seismic; facility planning, development and construction; and production operations. In this highly visible role, UR FP&PM routinely interacts with representatives from Saudi Aramco Finance, Corporate Planning, Upstream and Supply Planning functions.
As a successful candidate, you must have a Bachelor's Degree in Accounting or Finance, or related field.
You will have a minimum 15 years accounting experience preferably in the oil and gas industry with 5 years demonstrated experience working with production accounting systems.
You will hold relevant professional certification: CPA, CMA, CA, CGMA, CAPPA, or equivalent.
You will have the ability to understand, define and develop complex volumetric allocation methodologies.
You will have strong attention to detail with a high degree of accuracy.
Possess analytical and problem solving skills and ability to multi-task. Have strong written and verbal communication skills.
You will proficient in Microsoft Excel, Word and Outlook. SAP knowledge highly desired.
Duties & Responsibilities:
The successful candidate will be expected to perform the following duties and responsibilities:
Manage and oversee the monthly calculation of production volumes, allocations, balancing, splits and revenue recognition in accordance with company guidelines and Government regulations.
Perform analysis encompassing operational reporting, performance dialogues and annual business planning process.
Develop complex analytics supporting performance initiatives, business cases, benchmarking, and key performance indicators (KPIs).
Ensure the production accounting system is maintained to meet all reporting requirements.
Provide mentorship and guidance to other UR P&PM analysts.
Perform other related duties, as assigned.
Saudi Aramco's Exploration & Producing (E&P) business line oversees the world's largest reserves of conventional crude oil, and the fourth-largest reserves of natural gas. The Company's reserves portfolio include Ghawar, the world's largest onshore oil field, and Safaniya, the largest offshore field. Company geologists are actively seeking additional reserves in many areas of the Kingdom, offshore in the Gulf and the Red Sea and onshore in the deserts and mountains. Petroleum engineers and earth scientists in E&P work with cutting-edge technology to manage and produce these reserves, including 3D visualization, reservoir simulation and remote geosteering of multilateral wells. The Company's Exploration and Petroleum Engineering Center, or EXPEC, is home to one of the industry's most powerful computer centers. Research and development into subsurface upstream technology is conducted at the EXPEC Advanced Research Center. For more than two decades in a row, Saudi Aramco has been ranked the No. 1 oil company in the world by Petroleum Intelligence Weekly, a testament to the dedication and professionalism of the men and women of Exploration & Producing.