Financial Analyst in Saudi Arabia, Saudi Arabia

Position Description

We are seeking a Financial Analyst to join the Medical JV Coordination Department (MJVCD) in Saudi Aramco Operations & Business Services.

The MJVCD is responsible to oversee that all major objectives are met including the implementation of and compliance with all the contractual terms stipulated in Healthcare Vendor Agreements. MJVCD represents a governance structure that serves the interests of Saudi Aramco as a shareholder and a payer. Responsibilities are compliance and risk management (financial and clinical) with all Healthcare Service providers including the Saudi Aramco/Johns Hopkins Medicine Joint Venture, Johns Hopkins Aramco Healthcare Company.

The Financial Analyst primary role is to have familiarity with Saudi Aramco Planning & Performance systems and processes such as eSight, performance indices, and procurement of contracts and to ensure payments for Healthcare vendors are calculated in accordance with the Service Agreement payment mechanism, linked to the performances of Quality KPIs and Partner Contribution Agreement KPIs, as well as scope of work and expansion of operations.

Minimum Requirements

As the successful candidate you will hold a bachelors degree in Accounting and/or Finance from a recognized and approved program. An advanced degree is preferred.

You will have 10 years of broad experience in accounting, including at least 3 years in an accounting analyst field. Experience as an actuary is advantageous. Completion of an applicable professional credential such as USA certified Public Accountant (CPA), Certified Management Accountant (CMA) or Saudi Organization of Certified Public Accountants (SOCPA) preferred.

You will have excellent command of spoken and written English

You must have extensive knowledge of accounting policy and procedures

You will be able to demonstrate strong understanding of financial statements prepared within the IFRS framework

You will have the ability to present at admin level is a requirement

You will be able to conduct research on accounting and financial reporting, prepare preliminary findings and analyze alternative approaches

Confidence in presenting research findings and making recommendations is also necessary

Duties & Responsibilities

You will be required to perform the following:

Use your experience, skills and knowledge to develop, interpret, and implement new accounting systems.
You will analyst proposed budgets for services impact of vendor service providers for the year and compare to MJVCD recommendations and determine feasibility.
You will prepare finance and accounting data for reporting to the Board and for Board Material preparations
You will prepare highly confidential and technical financial reports and forecasts that are used to assess and analyze vendor income, operating and capital plans and expenditures, manpower budgets, investments, and the consolidated financial position.
You will analyze subsequent variances, and identify trends and opportunities to reduce or control costs.
You will maintain your professional standard and be accountable for self-development by researching applicable accounting literature, and use your knowledge to establish new and/or update existing policies.

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