Accounting Analyst

Basic Function:

Responsible, under the general direction of a line accounting Division Head, Unit Head, or Accounting Staff Specialist in a Staff Accounting Division, for preparing financial analyses, forecasts, or reports; for developing supportive and interpretative data for use in the Department; or for leading the work of clerical and technical accounting staff. And/or lead shipping technical 24/7 shift staff in reviewing ship/shore analyses, ship release, shipping documentations and coordination with relevant stakeholders.

Scope:

Provides financial/accounting analytical and technical support to a staff or line division to resolve accounting or financial issues. Participates in the development, recommendation and implementation of changes to accounting policies, internal procedures and their implementation in to the systems. Prepares financial forecasts, reports and other analyses

Function Description:

• Analyses and provides recommendations on the feasibility of accounting information system proposals to process transactions and related reports. Determines if a proposal meets user information requirements and conforms to accounting policy. Develops and supports internal control framework and ensure that all material risks have adequate controls in place.
• Assists in the researches of applicable accounting literature in order to establish new accounting policies, update existing policies, or otherwise address current issues involving accounting and financial reporting and tax compliance
• Develops and revises instructions for the Accounting and General Instruction Manuals Interprets their application for operations organizations.
• Assist in the financial modelling & investment/divestiture analysis, asset valuations and financial due diligence and entity setup activities
• Prepares financial reports and forecasts on cash receipts & disbursements, corporate income, operating and capital plans & expenditures, manpower budgets, investments, the consolidated financial position and prepares tax and transfer pricing calculations. Reviews Affiliates related cash calls and provides support to proponents during the set-up and design of funding procedures
• Prepares financial reports and forecasts on cash receipts & disbursements, corporate income, operating and capital plans & expenditures, manpower budgets, investments, the consolidated financial position and prepares tax and transfer pricing calculations. Reviews Affiliates related cash calls and provides support to proponents during the set-up and design of funding procedures
• Analyses the financial feasibility and impact of proposed financial transactions such as hydrocarbon production, sales and purchases, as well as employee and vendor disbursements in accordance with company policy and guidelines

Minimum Requirements:

Well-developed knowledge of accounting policies and procedures established pursuant to International Financial Reporting Standards. Well-developed understanding of the financial statements content prepared within the IFRS framework. Well-developed knowledge of Saudi Aramco Accounting and GI

Education Requirement:

Educational Level: Bachelors in Finance, Accounting, and Business Management

Minimum Years of Experience :05