Financial Specialist Job

Job title:

Financial Specialist 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 specialized depth and/or breadth of expertise
• Interprets internal or external business issues and recommends best practices
• Solves complex problems; takes a broad perspective to identify innovative solutions
• Works independently with guidance in only the most complex situations
• May lead functional teams or projects

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 and treasury issuesSupport the Governance, Risk and Compliance throughout AOCFunctional Specific ResponsibilitiesFinance Operations

• Act as a liaison between customers and internal AOC divisions on cost control problems and infractions of contract
• Coordinate Tax/Vat consultation and reporting
• Align with Treasury to ensure streamlining of processes
• Gather information in order to keep procedures up to date
• Coordinate the administration activities conducted for all personal income and corporate tax matters and coordinate the monthly payroll cycle
• Coordinate the implementation of new tax legislation and regulations pertaining to AOe’s area of operation
• Provide assistance to Chapter 8 income taxes payments and coordinate shadow Payroll for Chapter 8
• Provide pension advice and support to local personnel

Business Control

• Lead the development and continuous improvement governance framework for AOC and its subsidiaries, advice on complex matters.
• Lead the development and continuous improvement of 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 risk register.
• Lead the development and continuous improvement of audit follow up process and related reporting
• Advise Divisions on implementation of audit observations
• Lead the development and enhancement of financial planning and budget performance processes including system optimization and reporting
• Prepare in-depth analysis, share financial information and discuss with Management Team
• Act as an advisor on financial planning and budget performance compliance matters
• Leadthe development and continuous improvement of affiliated and external party portfolio
• Provide advisory to the external and affiliated customers and AOC stakeholders
• Lead the development and continuous improvement of vendor financial assessment processes, procedures and reports
• Advise on use of risk mitigating tools such as performance, bank, parent company guarantees
• Lead the development and continuous improvement of policies 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
• Lead the development and continuous improvement of insurance management process
• Analyze organizational risks exposure for possible extension of insurance coverage
• Lead the development and continuous improvement of internal control framework
• Report control weaknesses and deficiencies, advise on controls design improvement

Accounting, Treasury & Tax

• Coordinate Bank Guarantee Management
• Provide high level Treasury advise to treasurer

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 AOC professional personnel to improve finance operations and to exchange value added advisory services
• Regularly with Managing Director

RequirementsBachelor degree in Accounting, Finance, Business Administration, Economics or related areasMust be fluent in English16-20 years of considerable 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 FocusIdentifying 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: 401

Expected salary

Location

Den Haag, Zuid-Holland

Job date

Thu, 15 Aug 2024 22:26:20 GMT

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