Company: Saudi Aramco (ASC)
Skills: Accounting, Budget / Cost Control
Experience: 12 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Saudi Arabia
No location/work authorization restrictions found.
Req Number: 17395BR
Saudi Aramco is a fully integrated, global petroleum enterprise, and a world leader in exploration and producing, refining, distribution, marketing and petrochemicals manufacturing. We not only look for individuals who can meet our expectations but for those individuals who can exceed them.
The Planning & Accounting Services Group (P&ASG) of Drilling & Workover (D&WO) is currently seeking an experienced Planning & Budgeting Analyst join the D&WO Planning & Accounting Services Group.
As the successful candidate you will manage reporting and benchmarking, provide quarterly business reviews, and mid-year/year end accountability and business plan reporting. This includes monitoring industrial trends and providing business analytics and risk management reports.
You will have performed this function previously within an International Oil Company (IOC), or publically traded National Oil Company (NOC), and have an in-depth knowledge of International Financial Reporting Standards (IFRS) as it applies to Oil & Gas companies.
As the successful candidate you will hold a bachelor degree in business, accounting, or finance. Preferable to have one advanced accounting professional designation (CPA, CMA, CA, or equivalent).
You will have a minimum of 12 years related experience, including a demonstrated ability and track record in the practice of planning and performance management, which includes the use of business intelligence tools.
Duties & Responsibilities:
You will be required to perform the following:
Provide analytical findings and recommendations relating to P&ASG tasks, such as business plan preparations, performance tracking measurement, performance analysis and accountability reporting.
Conduct special P&ASG related studies, such as the development of performance initiatives and business cases, benchmarking, risk management, process and workflows, and information system related changes.
Research and monitor industrial trends for the regional and international market, with a particular focus on contracting, manufacturing & supply sectors, and provide pertinent recommendations based on your findings.
Track and monitor Well Cost trends, provide analysis and forecasts of well material costs, and provide additional support for period end accruals.
Ensure adherence to IFRS regulations related to fixed asset and capital reporting