Sr Financial Analyst (Trade Finance & Collection) - AUSTRALIA/NZ CAMPAIGN
AUSTRALIA/NZ CAMPAIGN - MEGA WORKSHOP
We will be running an extensive campaign for jobs in Saudi Arabia during the last week in April. Preference for these jobs, is for Australia and New Zealand natives, or people currently based in Australia and New Zealand.
Collection Unit is responsible for collecting the company's overdue invoices of ex-employees and non-employees related to home loans and other receivables including training cost, medical expenses, SRTP unpaid loans and salary adjustment. The Unit's main responsibility is to trace debtors after receipt of their invoices from payroll and maintain updated records of all outstanding dues against retired, resigned and terminated employees and non- employees and pursue the collections according to the overdue amount for each debtor.
ESCA Group main goal is to protect Saudi Armco's revenues related to export of crude oil, LPG and refined product; by ensuring that all export sales are protected and financially covered for each particular customer either by line of credit, letter of credit or cash advance prior to process the financial release. The Group is also responsible for ensuring that all Saudi Aramco projects, contracts, purchases, services and local sales are financially protected by Parent Company Guarantee or appropriate Bank Guarantee; either by Performance, Advance Payment, Retention Payment, and Mobilization bank guarantees in accordance with the type of the customers and contractors.
Responsibilities:
You will be required to perform the following:
• Consult and advise management in one of the following major areas: Finance, Accounting, Financial Reporting, Compensation, Finance Systems, Accounting Policy and systems, IT and auditing.
• Develop solutions to complex and critical problems resulting from changes in corporate policy, accounting standards, government agreements and laws.
• Formulate and optimize innovative systems, processes and procedures in finance and related areas while ensuring conformance with accepted accounting/auditing principles.
• Supervise internal audits which have significant impact on key functions within the Company.
• Provide specialized assistance to Saudi Aramco operating organizations in interpreting Finance policy and in implementing financial control systems.
• Work independently with minimum guidelines and direction.
• Work with considerable latitude to determine processes and procedures for the development and implementation of assignments.
• Formulate and optimize innovative systems, processes and procedures in finance related areas while ensuring conformance with accepted accounting/auditing principles.
• Formulate solutions, alternatives and recommendations, and provide central direction and control over complex theoretical and practical, financial systems, internal control, or other matters not covered by standard practice or precedent.
• Evaluate and drive continuous improvement of processes to preserve capital, assure liquidity and optimize return.
• Assist in the setup, configuration and implementation of money market investment instrument in the Saudi Aramco system.
• Present to Treasury Management the liquidity outlook of the Company and investments proposals.
Education & Requirements
• As the successful candidate, you will hold a Bachelor's degree in Finance, Accounting or Economics or a related field from a recognized and approved program. An MBA or other advanced business degree is preferred and professional certifications, such as a CFA, CPA, or CFP, is a plus.
• You will have at least twelve years Treasury experience which includes cash forecasting and cash management activities.
• You must also be able to demonstrate experience working on supply chains to evaluate FinTech companies to automate the process of Extend & Discount programs.
• Demonstrate proven experience with successfully placing competitive short-term cash investment.
• Integrated Oil Company operational experience a plus.
• Ability to coach staff in developing their analytical skills and project delivery capabilities.
• Advanced proficiency in Excel and excellent presentation skills.
Company Benefits
• Permanent Employment on an Indefinite Term Employment Agreement.
• Company Incentive Plan: This is a broad-based annual and performance-based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend Company's high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the Company communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our Johns Hopkins Aramco Healthcare subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term Disability: In the event you are unable to work due to illness or injury, short-term disability income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one-year period.
• Death Benefit: Company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.
BH3882
Bounty Hunter World
We will be running an extensive campaign for jobs in Saudi Arabia during the last week in April. Preference for these jobs, is for Australia and New Zealand natives, or people currently based in Australia and New Zealand.
Collection Unit is responsible for collecting the company's overdue invoices of ex-employees and non-employees related to home loans and other receivables including training cost, medical expenses, SRTP unpaid loans and salary adjustment. The Unit's main responsibility is to trace debtors after receipt of their invoices from payroll and maintain updated records of all outstanding dues against retired, resigned and terminated employees and non- employees and pursue the collections according to the overdue amount for each debtor.
ESCA Group main goal is to protect Saudi Armco's revenues related to export of crude oil, LPG and refined product; by ensuring that all export sales are protected and financially covered for each particular customer either by line of credit, letter of credit or cash advance prior to process the financial release. The Group is also responsible for ensuring that all Saudi Aramco projects, contracts, purchases, services and local sales are financially protected by Parent Company Guarantee or appropriate Bank Guarantee; either by Performance, Advance Payment, Retention Payment, and Mobilization bank guarantees in accordance with the type of the customers and contractors.
Responsibilities:
You will be required to perform the following:
• Consult and advise management in one of the following major areas: Finance, Accounting, Financial Reporting, Compensation, Finance Systems, Accounting Policy and systems, IT and auditing.
• Develop solutions to complex and critical problems resulting from changes in corporate policy, accounting standards, government agreements and laws.
• Formulate and optimize innovative systems, processes and procedures in finance and related areas while ensuring conformance with accepted accounting/auditing principles.
• Supervise internal audits which have significant impact on key functions within the Company.
• Provide specialized assistance to Saudi Aramco operating organizations in interpreting Finance policy and in implementing financial control systems.
• Work independently with minimum guidelines and direction.
• Work with considerable latitude to determine processes and procedures for the development and implementation of assignments.
• Formulate and optimize innovative systems, processes and procedures in finance related areas while ensuring conformance with accepted accounting/auditing principles.
• Formulate solutions, alternatives and recommendations, and provide central direction and control over complex theoretical and practical, financial systems, internal control, or other matters not covered by standard practice or precedent.
• Evaluate and drive continuous improvement of processes to preserve capital, assure liquidity and optimize return.
• Assist in the setup, configuration and implementation of money market investment instrument in the Saudi Aramco system.
• Present to Treasury Management the liquidity outlook of the Company and investments proposals.
Education & Requirements
• As the successful candidate, you will hold a Bachelor's degree in Finance, Accounting or Economics or a related field from a recognized and approved program. An MBA or other advanced business degree is preferred and professional certifications, such as a CFA, CPA, or CFP, is a plus.
• You will have at least twelve years Treasury experience which includes cash forecasting and cash management activities.
• You must also be able to demonstrate experience working on supply chains to evaluate FinTech companies to automate the process of Extend & Discount programs.
• Demonstrate proven experience with successfully placing competitive short-term cash investment.
• Integrated Oil Company operational experience a plus.
• Ability to coach staff in developing their analytical skills and project delivery capabilities.
• Advanced proficiency in Excel and excellent presentation skills.
Company Benefits
• Permanent Employment on an Indefinite Term Employment Agreement.
• Company Incentive Plan: This is a broad-based annual and performance-based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend Company's high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the Company communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our Johns Hopkins Aramco Healthcare subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term Disability: In the event you are unable to work due to illness or injury, short-term disability income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one-year period.
• Death Benefit: Company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.
BH3882
Bounty Hunter World
JOB SUMMARY
Sr Financial Analyst (Trade Finance & Collection) - AUSTRALIA/NZ CAMPAIGN
Dhahran
14 days ago
N/A
Full-time