Production Accounting Analyst

Position Description:

We are currently seeking an experienced Production Accounting Analyst to join the Unconventional Resources Finance, Planning & Performance Management Division (UR FP&PM). Unconventional Resources is part of the Upstream Business Line with a mandate to explore, develop and produce unconventional gas and associated hydrocarbon liquids in the Kingdom of Saudi Arabia. The Production Accounting Analyst will work closely with internal and corporate stakeholders to ensure product volumes and revenues are forecast and accounted for in accordance with company guidelines. The UR FP&PM division provides finance, accounting, and planning support to Unconventional Resources’ operational departments encompassing drilling and stimulation (fracturing); seismic; facility planning, development and construction; and production operations. In this highly visible role, UR FP&PM routinely interacts with representatives from Saudi Aramco Finance, Corporate Planning, Upstream and Supply Planning functions.

Minimum Requirements:

As a successful candidate, you must have a Bachelor’s Degree in Accounting or Finance, or related field. Minimum 15 years accounting experience preferably in the oil and gas industry with 5 years demonstrated experience working with production accounting systems. Hold relevant professional certification: CPA, CMA, CA, CGMA, CAPPA, or equivalent. Ability to understand, define and develop complex volumetric allocation methodologies. Strong attention to detail with a high degree of accuracy. Possess analytical and problem solving skills and ability to multi-task. Have strong written and verbal communication skills. Proficient in Microsoft Excel, Word and Outlook. SAP knowledge highly desired.

Duties & Responsibilities:

The successful candidate will be expected to perform the following duties and responsibilities: Manage and oversee the monthly calculation of production volumes, allocations, balancing, splits and revenue recognition in accordance with company guidelines and Government regulations. Perform analysis encompassing operational reporting, performance dialogues and annual business planning process. Develop complex analytics supporting performance initiatives, business cases, benchmarking, and key performance indicators (KPIs). Ensure the production accounting system is maintained to meet all reporting requirements. Provide mentorship and guidance to other UR P&PM analysts. Perform other related duties, as assigned.