Title: Sr Financial Analyst
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.
Job Purpose
Cash Management and Investment Division is responsible of administering the short-term liquidity outlook of the company and manages the daily investments of the company’s excess cash.
The candidate will work on enhancing the existing cash forecasting process and optimizing investment performance across different money market instruments. This will require extensive interaction with internal and external parties as well as development of regular market analysis that address both global and local macro-economic outlook.
Responsibilities
- Evaluate and drive continuous improvement of processes to preserve capital, assure liquidity and optimize return.
- Forecast monthly cash receipts and disbursements and identify daily excess cash for investment
- Execute daily investment proposal and identify the optimal investment tenor based on the company’s liquidity outlook and market environment
- Optimize investment performance across different money market and fixed income investment instruments
- Manage, monitor and report divisional performance against the Cash Forecasting Accuracy and Short-Term Investment Return key performance indicators.
- Develop on regular basis market analysis report on both global and local macro- economic outlook
- Enhance Cash forecasting process and accuracy level by working with internal and external counterpart.
- Assist in the setup, configuration and implementation of money market investment instrument in the Saudi Aramco system
- Review and propose changes ,if required, to Saudi Aramco Short-Term Investments Guidelines
- Present to Treasury Management the liquidity outlook of the company and investments proposals
Education & Experience Requirements
- Bachelor's Degree in Finance, Accounting or Economics or a related field. An MBA or other advanced business degree is preferred.
- Strong preference for a professional certification such as CFA, CPA or CFP.
- 12-15 years’ Treasury experience to include cash forecasting and cash management activities.
- Prior experience with successfully placing competitive short-term cash investment.
- Integrated Oil Company operational experience a plus.
- Ability to coach staff in developing their analytical skills and project delivery capabilities.
- Advanced proficiency in excel and excellent presentation skills
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.