Financial Advisor Job

Job title:

Financial Advisor Job

Company:

Aramco

Job description

Aramco is one of the world’s largest integrated energy and chemicals companies.Aramco Europe is headquartered in The Hague with offices across the continent. For over 60 years we have supported Aramco with a wide range of activities from facilitating safe and reliable delivery of energy to customers around the globe to pushing for breakthroughs in research and innovation.Our services include in-depth technology advice and support in established and emerging sectors of oil, gas and energy, as well as finance, HR, legal, PR and communications.We work with the very best industry suppliers to drive our operations to secure our position as a world leader in energy and chemicals.GoalProvide professional advice and services to the daily activities of a Finance Unit in order to resolve complex finance issues, develop, recommend and implement changes to Finance policies and to successfully prepare financial forecasts, reports and other analyses ultimately aiming for providing the best possible business environment for AOC and its affiliates.General Profile

• Requires in-depth knowledge and experience
• Uses best practices and knowledge of internal or external business issuesto improve products or services
• Solves complex problems; takes a new perspective using existing solutions
• Works independently, receives minimal guidance
• Acts as a resource for colleagues with less experience

Key ResponsibilitiesPrepare budgets, forecasts and variance reports for the business including Management ReportsPrepare Board presentations for the Finance CoordinatorCoordinate the End of Month Financial processes and financial statementsReview detailed procedures and guidelines, these include conducting review of company finance and accounting guidelines and office manualEnforce procedure compliance throughout AOC and coordinate internal and external audits on behalf of the Finance UnitAdvise the Finance Supervisor on complex finance issuesSupport the Governance, Risk and Compliance throughout AOCFunctional Specific ResponsibilitiesFinance Operations

• Provide periodical (mostly weekly and monthly) management reporting on the activities of Finance Operations including its Key Performance Indicators (KPls) and Work Load Indicators
• Monitor and reconcile vendor accounts and correspond with vendors on missing records and discrepancies
• Act as a liaison between suppliers and internal AOCdivisions on cost control problems and infractions of contract
• Coordinate with Treasury to ensure streamlining of processes in the area of cash forecasts
• Gather and provide information to ensure procedures are kept up to date
• Assist with coordination of internal audits on behalf of Finance Division

Business Control

• Develop and continuously improve governance framework for AOC and its subsidiaries.
• Development and continuously improve AOC policy management framework.
• Maintain and support of AOC Enterprise Risk Management framework. Together with the Management team facilitate annual risk evaluation process,
• Monitor the implementation of risk treatments. Maintain and report on the risk register.
• Maintain ,continuously improve and monitor the audit follow up process and related reporting
• Coordinate the audit follow up process, advise Divisions on implementation of audit recommendations
• Maintain and continuously improve financial planning and budget performance processes including system optimization and reporting
• Perform controls on budget performance compliance and support month-end closing process
• Act as an advisor on financial planning and budget performance matters
• Prepare in-depth analysis, cost models and calculations
• Support development of Service Level Agreements and Service Authorizations, and coordinate functional reviews
• Manage customer accounts and monitor service provision (incl. cost control and reporting)
• Provide advisory to the external and affiliated customers and AOC stakeholders regarding service provision
• Perform financial assessments of vendors, issue and improve vendor assessment reports, processes and

procedures and manage records and prepare relevant reports. * Advise on use of risk mitigating tools such as performance, bank, parent company guaranteesDevelop and continuously improve of pollcles and procedures related to contract review and cost compliance controls * Perform contract review and cost compliance activities

• Provide advice and analytics on cost management and cost compliance related matters
• Review and maintain the Authorized Expenditure Limits on contracts
• Develop and continuously improve the insurance management process
• Analyze organizational risks exposure for possible extension of insurance coverage
• Develop and continuously improve of WKR process.
• Develop and continuously improve the internal control framework
• Perform testing and monitoring of controls
• Report control weaknesses and deficiencies, advise on controls design improvement

ContactsExternal

• Periodically with Public Accountants
• Periodically with affiliate company personnel regarding financial matters of mutual concern
• Periodically with service organizations, vendors, banks and Saudi Aramco Finance Business Lines regarding finance issues

Internal

• Daily with other Finance personnel at all levels regarding financial data and procedures
• Frequently with Contracting Unit on matters related to proponents to contracts
• Frequently with all levels of AOCprofessional personnel to improve finance operations and to exchange value added advisory services
• Occasionally with President & CEO

RequirementsBachelor (/Master) degree in Accounting, Finance, Business Administration, Economics or related fieldMust be able to communicate and comprehend accurately in EnglishMinimum of 5 years of considerable work experience within FinanceFunctional Specific RequirementsRequired Competency LevelsInitiative
Addressing Gaps in Work

• Continuously reviews personal (and team) results against desired standards and takes corrective action to ensure success.

Motivating and Energizing Self and Others

• Consistently display an outstanding degree of involvement and engagement which inspires others.

Self-Starting

• Proactively takes on additional assignments to stretch own capabilities and contributes to overall team performance levels.

Quality Orientation
Understanding Quality Standards/Knowledge of Standards of Excellence

• Takes personal responsibility for ensuring effective and high quality product and service delivery to internal and external customers.

Applying and Maintaining Quality Standards

• Takes immediate action to correct any variations in quality; ensures accuracy and completeness of work outputs and helps team members with this as well.

Measuring and Tracking Quality

• Incorporates quality measurement data to direct improvements and changes to products, outputs and services.

Customer Focus
Identifying and Anticipating Customer Needs

• Takes the extra step to anticipate customers’ needs and immediately takes action to resolve breaks in service or mistakes to satisfy customers.

Customer Care/Service

• Uncovers customers’ hidden needs or issues by asking insightful questions and developing rapport; encourages others to consider the customer’s perspective in making decisions.

Following Customer Service Trends

• Stays up to date with best practices and institutes internal standards within department to ensure high customer service quality.

Accountability
Taking Responsibility and Ownership

• Is aware of own responsibilities and encourages colleagues to be this as well, while maintaining a high level of cooperation.

Driving and Delivering Results

• Measures and tracks (team) performance against goals and encourages team members to contribute to achieving the goals.

Managing Expectations and Working Through Setbacks

• Openly manages other’s expectations when completion of tasks is not possible or delayed.

Networking/Relationship Management
Seeking and Developing Relationships

• Grows relationships with key organizational influencers and customers by building credibility and trust; leverages appropriate virtual social networking sites and/or professional organizations to extend networks.

Maintaining Relationships

• Gains the trust and respect of others; builds and maintains relationships and is easily approachable within and across teams .

Use of Networks

• Collaborates with others across network of internal and external contacts to achieve goals across teams.

Required Competency Levels (cont)All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.Requisition ID: 562

Expected salary

Location

Den Haag, Zuid-Holland

Job date

Thu, 22 Aug 2024 22:34:40 GMT

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