Segment accounting advisor upstream finance ppmd

About our client:Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.Responsibilities:Participate in the consolidation and reconciliation of financial figures reported to executive management to finalize the segment financial reports at both actual and planning eventsPrepare monthly and quarterly financial statement analytical review at business unit levelEnsure timely and accurate recognition of provisions relating to environmental remediation, legal and asset retirement obligationsProvide Upstream Finance community advice on technical accounting issuesWorks closely with business functional SMEs to perform decision support analysis on both internal (e.g. transfer pricing) and external commercial arrangements together with respective accounting assessments;Closely monitors commercial operations to maximize value creation and prevent value loss.Identify and implement preventative and detective controls on key financial processesEstablish and maintain reconciliation controls on balance sheet accountsMaintain Upstream internal reference material related to accounting complianceImplement and oversee transfer pricing and cost allocation policies in the Upstream areaCoordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditingRequirements:A Bachelor’s degree in a Business or Finance discipline.Accounting professional designation (ACCA, CPA, CMA, CIMA, CA, or equivalent).12 years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Oil Gas value chain.Previous experience in implementing financial controls.Solid understanding of IFRS in relation to Oil GasPrevious experience in delivering presentations to C-SuiteAbility to work with incomplete data and drive conclusions and recommendations to senior managementWorking knowledge of SAP Finance Modules.In depth knowledge in one or more of the following areas: well accounting, asset accounting, cost reallocations, revenue accounting, transfer pricing, financial consolidation and group reporting requirementsStrong modelling experience would be considered an asset as it allows you to be active in an even broader suite of responsibilities