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Financial Accounting Advisor - Capital Programs Finance Engineer in Saudi Arabia, Saudi Arabia

Req Number: 17129BR

Position Description:
We are seeking an Engineer with procurement and cost engineering experience to join the Controllers organization. Controllers is part of the Finance business line at Saudi Aramco and reports to the Senior Vice President, Finance Strategy & Development

Controllers is responsible for providing financial leadership, advisory, business consulting services, and decision support to various business lines and senior management relating to proponent organization capital and non-capital procurement activities. The organization also administers system controls, reporting, and clearance of exception items for procurement activities across the organization.

The Controllers organization offers the successful applicant a unique workplace to further expand commercial and professional skills strengthened by a strong commitment to training and personal development.

Minimum Requirements:
As the successful candidate, you will hold a bachelors degree in a related engineering specialty. A graduate degree in management (MBA or engineering management) is strongly desired as well as finance and/or management focused advanced professional competence evidenced by professional licenses and/or other forms of continuing professional education.

You should have minimum of 9 years of relevant experience in relevant industries, which may include experience in financial analysis, procurement, research, cost engineering, mergers and acquisitions, process/change management or strategy/management consulting. Specific operational experience in energy (oil/gas/power), infrastructure, utilities (public and/or private), government sector and public administration would be desirable. Specific procurement and/or claims administration experience is also desirable.

Negotiation and leadership skills are highly desirable. Proficiency in oral and written English is a must. SAP or equivalent ERP systems experience is highly desirable.

Also, you should:

Possess significant relevant experience within the petrochemical, power, and/or oil and gas industries or in procurement, which will allow the applicant to be considered a subject matter expert.

Have the ability to establish personal credibility with management staff and various internal customers.

Demonstrate excellent interpersonal skills.

Be a team player, be able to plan and coordinate their own workload, and meet challenging deadlines.

Be able to add value by delivering work of the highest quality and be able to proactively overcome issues to ensure delivery of sound recommendations.

Have demonstrated financial analytical skills that include the ability to evaluate both industry and individual company information.

Be able to work with minimal supervision, possess good project and people management skills and be able to offer logical and innovative solutions to customers complex issues.

Be willing to travel as required.

Duties & Responsibilities:
You will also be required to perform the following:

Review the financial aspects of contracts and agreements in coordination with proponent organizations and stakeholders.

Maintain/establish effective controls to ensure contracts are negotiated effectively from a financial perspective.

Review and approve actions within delegated authority limits as established by policy. Refers unusual issues to the appropriate levels of management accompanied by recommendations of alternative actions.

Establish controls and ensure that appropriate systems reports, reconciliations, and tracking mechanisms are maintained to facilitate control over activities falling within the responsibility of the Divisions.

Analytical studies of complex procurement related issues/problems and recommend solutions to management including matters not covered by standard practice or precedent.

Identify major problems, define alternatives and select/recommend actions to produce optimum financial and contract execution efficiencies and results.

Initiate and direct studies to improve documentation and control systems. Recommend improved procedures and changes to policy. Coordinates with other Saudi Aramco departments on such matters where necessary.

Maintain a positive work environment demonstrating respect, openness, and professionalism, and sets high ethical standards.

Your additional Core responsibilities include, but are not limited to, the following:

Functional/provisions review on all contract actions falling within Controllers threshold.

Review/analyze commercial bid evaluations related to contract procurements.

Prepare briefing papers for Senior VP, Finance, for all major procurement actions.

Compliance review of Short Form Contract, Mid Form Contract, Change Orders, and Authorized Expenditures Levels.

Participate in the negotiations of sole source contract actions and amendments.
Provide advisory services to stakeholders on procurement actions on an as requested and/or taskforce basis.

Maintain systems control and undertake exception reporting, analysis and resolution.

Participate in claims dispute resolution activities on procurement actions falling within the divisional threshold.

About us:
As an integrated, global petroleum enterprise with operations in Saudi Arabia, Europe, the United States and the Far East, Saudi Aramco is one of the cornerstones of the worlds energy supply. Saudi Aramco has a proud legacy of accomplishment in the oil and gas industry. In recent years, the Company has been creating downstream joint and equity ventures, both in Saudi Arabia and in China, and is exploring additional opportunities in refining and petrochemicals. Projects such as these, combined with Saudi Aramcos stature both as a corporation and as a corporate citizen in the Kingdom and wherever the Company does business, make for a challenging and rewarding work environment for the personnel of the Finance business line.

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