aramco
Accounting Analyst - Relocate to Saudi Arabia, Permanent Expat Family Relocation Package
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Please note that this role is based in Saudi Arabia on a permanent, residential basis. Job Req ID: 17421
Description: Aramco energizes the world economy. Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview We are seeking an experienced Accounting Analyst to join our Downstream Finance, Planning & Performance Management (DS P&PMD).
Downstream Planning and Performance Management team are the gatekeepers of Downstream’ s planning, performance reporting and business accountability, turning financial, operational and market intelligence data into action-oriented insights. Partners closely with the business to influence decisions, identify performance opportunities, and drive timely corrective actions while continuously improving planning and report processes.
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Your primary role requires close collaboration with business, senior leadership, and cross-functional stakeholders, as well as a strong ability to translate complex accounting guidance into practical accounting positions. This role is ideal for technically strong accounting professional who combines sound judgment, strong analytical skills, and attention to detail. Also, playing a critical part in ensuring accurate application of accounting standards, leading impairment and technical accounting assessment for significant and non-routine transactions, and providing technical guidance to finance and business teams.
Duties and Responsibilities As the successful candidate you will be required to perform the following: Lead Impairment Assessment: for goodwill, property, plant and equipment, right-of-use assets, and investments: Develop, review, and challenge impairment models and key assumptions Assess impairment indicators and trigger events in line with applicable accounting standards. Prepare robust impairment documentation, including technical accounting papers and audit support. Technical Accounting Treatments: Evaluate and advise on the accounting treatments and implications of strategic decisions, contracts, and transactions. Identify accounting risks and recommends actions to improve governance and controls. Stakeholder’s Support: Support month-end, quarter-end, and year-end processes for technical and reporting areas. Provide technical guidance to Finance and Business stakeholders. Ensuring adherence to internal control, accounting policies and governance framework. Minimum Requirements As the successful candidate you will have: - A Bachelor’s degree in Accounting, Finance, Business, or a related discipline from a recognized and approved program (MBA or professional certification such as CFA, CMA, CPA preferred). You will have a minimum of ten (10) years of relevant experience, preferably big 4, large public accounting firm, listed entities or regulated environments Strong technical accounting expertise with the ability to communicate findings clearly and attention to detail and meeting deadlines. Ability to work collaboratively, building effective relationships to deliver business objectives. Strong background in complex accounting treatments, including impairment assessments, to support financial reporting, compliance, and technical accounting matters.
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Working environment Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly. At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.
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