Accounting Staff Analyst Saudi Arabia

We are currently seeking an experienced accountant to join theFinancial Reporting & Compliance team of the Upstream Segment of an Arabian Multinational Company leader in the global oil & gas industry.The successful candidate will perform a broad spectrum of financial accounting activitiesensuring that Upstreams financial accounts are prepared in a timely and worldclass manner.

Responsibilities

Participate in the consolidation and reconciliation of financial figures reported to executivemanagement to finalize the segment financial reports at both actual and planning events
Prepare monthly and quarterly financial statement analytical review at business unit level
Ensure timely and accurate recognition of provisions related to environmental remediationlegal and asset retirement obligations
Provide Upstream Finance community advice on technical accounting issues
Works closely with business & functional SMEs to perform decision support analysis on bothinternal (e.g. transfer pricing) and external commercial arrangements together with respectiveaccounting assessments;
Closely monitors commercial operations to maximize value creation and prevent value loss.
Identify and implement preventative and detective controls on key financial processes
Establish and maintain reconciliation controls on balance sheet accounts
Maintain Upstream internal reference material related to accounting & compliance
Implement and oversee transfer pricing and cost allocation policies in the Upstream area
Coordinate maintain and resolve outstanding audit exceptions for both internal and externalauditing

Requirements

• Bachelors degree in Business Finance or similar disciplines.
  12 years of experience in Finance and reporting related activities. Preferably 5 years ofthis experience in the Oil & Gas value chain.
  Solid understanding of IFRS in relation to Oil & Gas
• Interest in relocation in Arabia Saudita under familiar expatriate package is a must.
• English B2C1 is a must.
• Previous experience in implementing financial controls
• Previous experience in delivering presentations to CSuite
  Knowledgeof SAP Finance Modules.
  In depth knowledge in: well accounting asset accountingcost reallocations revenue accounting transfer pricing financial consolidation and group
  reporting requirements.
  Strong financial modelling experience is considered an asset