Title: Financial Planning & Analysis Specialist
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 a Financial Performance & Analysis (FP&A) specialist to join the Finance & Analytics Division of Downstream Transformation Office.
The Finance & Analytics Division is responsible to support impact delivery of Aramco’s Downstream transformation program across all assets/subsidiaries from a data and tools perspective.
The FP&A specialist primary role is to help ensure adoption of Financial guidelines and valuation principles while managing and coordinating close relationships with key related stakeholders, internally and externally.
Key Responsibilities
As the successful candidate you will be required to perform the following:
- Provide the Chief Transformation Officer (CTO) with consolidated Transformation Impact report at Business Line/Admin Area/Function/Asset level
- support the TO Value Realization & Analytics Lead in preparation of the agenda and content for any interactions within and outside the Downstream Central Transformation Office (DSCTO), in collaboration with other functions of the DSCTO
- prepare material to train admin areas on guidelines for developing upcoming business plan and integration of transformation targets into business plan
- Review specific initiatives, based on materiality criteria, and raise flags for value leakage, value overlap, etc and spot-check initiatives
- Generate Excel models, presentations, and reports to support the TO Finance lead in discussions with various assets/admins areas and related stakeholders
- Update the progress of the Transformation for the Quarterly Business Review, Mid and End Year Accountabilities
- Support CTO Value Realization & Analytics Lead with the right data, reports and analyses required to make decisions related to certain initiatives
- As per request, and in collaboration with Admin Area CTO Finance, assist assets on doubts related to initiative sizing, P&L reconciliation or baseline
- Help other functions in the DS Central Transformation Office in the coordination of several activities with the broader stakeholder group (e.g., capability building, CTO Academy, reporting)
Minimum requirements
As the successful candidate you will hold a Bachelor’s degree in Finance from a recognized and approved program. Project Management An advanced degree is preferred. Alternatively, the candidate should hold a bachelor’s degree in Engineering and MS in Finance or equivalent.
Candidate will have 14 years of experience in Financial Analysis, including at least 10 years in Oil and Gas industry, preferably in Downstream sector.
- you must have strong financial analysis and business acumen.
- you must have Proficiency in financial modeling and performance management tools.
- Excellent attention to detail and organizational skills is a requirement
- Strong communication and presentation skills to effectively convey financial insights to senior management is also necessary
- Effective Leadership is preferred
- you will also have coach young talent
- you will have the ability to interact with affiliates
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.