Title:  Accounting Analyst

Job Req ID:  8982

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.


We are seeking a seasoned Accounting Analyst to join the Digital F&SD Department to work in the planning and forecasting team. The successful candidate will be maintaining, supporting and optimizing various financial planning and reporting processes in SAP-BPC, as well as designing and developing new ones. SAP technologies are predominantly used for this purpose; specifically, BPC and BW applications. The successful candidate will be expected to provide both functional and technical expertise to the job. They should have through understanding and proven experience in building financial models and financial consolidation process. 

The department is primarily responsible for the coordination, development and management of information systems used for planning and performance activities, forecasting, financial reporting and digital solutions supporting finance organizations. Such systems include those relating to Business Plan development, forecasting activities, financial reporting, accountability reporting cycles, performance management, fiduciary segmental reporting, advanced analytics and visualizations, amongst others. The department personnel are multidisciplinary professional with financial and technical backgrounds.

Key Responsibilities

The successful candidate will be required to perform the following under tight deadlines:

Act as a consultant to other team members on financial consolidation based on IFRS rules, configure consolidation business rules and model appreciate treatment of financial transactions in planning system.

Build driver based financial models in SAP-BPC that mimic business transactions, easy to maintain and update. 

Support or build digital planning solutions to enable system generation of short- & long-range financial forecasts, cash flow forecast, cash budgets and other financial & economic models. 

Implement, maintain and update the financial planning systems in order to align with business needs or improve system efficiency.

Lead or Participate in digital planning solution development through projects and programs, collaborating with business and technology groups.

Create scope documents and presentations to align business expectations with solution delivery.

Perform problem solving through root cause analysis.

Perform other related staff and analytical duties, as assigned.

Minimum Requirements

The successful candidate must hold a Bachelor’s degree in Finance, Accounting or a related discipline.  Possession of an advanced business degree (e.g., MBA) and/or relevant professional certification (e.g., CMA, CFA, CPA, ACCA, PMP) is highly preferred. 

Successful candidate would have a minimum of 10 years of experience in systems that support Financial Planning & Budgeting, Reporting and Financial Consolidation.

Preferred experience at one of the IOCs or consultancy firms such as E&Y, Accenture, KPMG, and BCG in Financial Planning & Budgeting, Reporting and Financial Consolidation.

Through understanding of International Financial Reporting Standards (IFRS) and their application including process of generating full group consolidated financial statements for planned period.

Highly proficient in Microsoft Office applications (Excel, Access, Word…), be well experienced in SAP-BPC and SAP-BW applications, and expert in building driver-based financial models and financial consolidation models in SAP-BPC. Experience in SAP Analytics Cloud (SAC) is preferred.

Expert in various financial modeling techniques and building comprehensive models that can be driven top-down or bottom up. 

Solid understanding of SAP consolidation engines (BPC, S4/HANA Group Reporting) with ability to configure and maintain business rules, configure master data, troubleshoot issues. 

Proven track record in leading projects from inception to completion including scope definition to solution delivery. Ability to articulate scope of projects, time-lines, resources, delivery, process maps etc. 

Possess excellent communication, presentation and documentation skills in the English language; with a mindset of “own it all the way through to solution delivery”.

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.


Country/Region:  SA