Title: Actg Staff Consultant
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.
Position description
We are seeking a Corporate Finance Analyst to join the Debt Management Division of Capital Markets & Financing Department at Saudi Aramco.
The Corporate Finance Analyst is critical in helping executives to manage and optimize the company’s substantial global assets, cash flows and investment banking relationships.
Successful candidates must possess a great understanding of corporate finance, loan administration, bank and investor relationships. The successful candidate considered for this position should illustrate a great degree of finance and accounting and should also have technical expertise in working with loan administration systems, generation and drafting management reports and external circulations. In addition, successful candidates should have an ability to work with cross functional teams on complex, non-routine financial projects, which have little precedent.
Candidates should also possess the knowledge of analyzing external sources of debt to identify emerging trends in support of Saudi Aramco’s global financing strategies, ensuring that the group maintains ready access to financial markets to meet its expansionary requirements. The position requires a reasonable knowledge of debt capital markets and may involve the candidate leading many aspects of corporate debt issuances as well as establishing relevant systems and procedures in support of company’s debt management efforts. This position involves heavy interaction with senior finance management, as well as project development and bank relationship teams.
Minimum requirements
As the successful candidate, you will hold a Bachelor’s degree in Finance, Economics, or Accounting from a recognized and approved program. An MBA is also preferred. You will have at least seven years of relevant work experience in the oil and gas industry or experience leading a debt capital markets structuring/syndication team. Financial certification preferred (CPA, CMA, CTP or CFA). Experience in dealing with corporate credit rating requirements. Capable of interfacing with senior management in an advisory capacity. Demonstrate ability to work within a matrix organization and with multi-disciplinary project teams and consultants to effectively and efficiently deliver results. Negotiation experience with and comprehension of complex legal agreements and banking documents. Are proficient with MS Office.
Duties and responsibilities
You will be required to perform the following:
Work closely with legal and investor relations teams in preparing information memorandum and associated materials for distribution to potential investors. Assist in the formulation and the implementation of financing strategies, policies and procedures to ensure group-level financial flexibly. Administer Saudi Aramco’s $USD-multi-billion credit facilities, including processing of payments to/from external parties in relation to such facilities. Testing of financial controls and ensuring guidelines and controls are properly followed. Draft and issue credit facility reports to management and external parties as necessary. Working with legal departments in reviewing credit facility agreements. Providing financial support to Saudi Aramco JVs as necessary. Working with Accounting to ensure accurate recording of loan accruals/records. Ensuring compliance with debt covenants and reporting. Train and develop junior professional staff. Work with relevant stakeholders to assess cash funding requirements. Possess a strong understanding of capital markets, investment banking and financing vehicles across the corporate capital structure. Develop comprehensive cash flow forecasts for the corporate group including detailed modeling and sensitivity analysis. Interact with executives across the investment banking community, as well as executive management. Strong written/oral communication skills for executive presentations. Develop and interpret technical data to create briefs, policies, programs and procedures. Experience working in global, diversified teams across the corporate structure. Assist in the structuring, pricing and negotiation of debt issuances.
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.