Budget Controller
Posted date [14-Feb-2024]  (ID: 1639847)

Company profile

Aramco Gulf Operations Company Limited (AGOC) was incorporated in 2000 as a wholly owned subsidiary of Saudi Aramco and operates as an independent entity with its own Board of Directors responsible to Saudi Aramco as shareholder and headquartered in Khafji City, Saudi Arabia. 

“Aramco Gulf Operations Company Limited (AGOC)" and “Kuwait Gulf Oil Company (KGOC)” signed a Joint Petroleum Production Operations Agreement (JPPOA) following which, “Khafji Joint Operations (KJO)” was formed in 2003. AGOC operates jointly with KGOC, under the KJO umbrella, for the economic exploitation of oil and gas resources in the offshore divided neutral zone between the Kingdom of Saudi Arabia and the State of Kuwait. AGOC is responsible to represent the interests of Saudi Aramco, its shareholder in KJO’s Oil & Gas operations.

Job description

Supervises the activities of assigned Budget and Cost employees. Assumes administrative and HR responsibility for staff. 

Supervises the preparation of operating budgets (OPEX) and cash flows. Includes reviewing and analyzing joint venture budgets, and providing advice to Executive Management on content, trends and other related issues. 

Supervises the preparation of monthly budget comparisons. Provides explanations of variances from budget for Saudi Aramco and Executive Management. 

Directs risk management activities in accordance with Saudi Aramco guidelines both for Head Office and KJO. Includes arranging for risk policy renewal, extent of coverage, claims administration and contract risk clauses. 

Liaises with KJO management and shareholders to ensure that Joint Operations have in place, systems, policies and procedures to support the foregoing.


Qualifications

Bachelor’s Degree in Finance/Accounting with 8 years financial and management accounting experience preferably in the oil and gas industry, including experience at supervisor level and exposure to risk management practices. 

Must have work experience in supervising a group of Accountants in a computerized environment. 

Computer literate in Microsoft Office applications: Excel, Word, and Power Point; must be familiar with Intranet environment. 

Experience in SAP would be an advantage. 

Must be fluent in both oral and written English language and must have excellent report writing skills.


 
Additional Information
Posted By: Aramco Gulf Operations Co. Ltd.
Category Job Classification -> Accounts / Finance
Experience Required : Jobs by Experience -> 07 to 10 Years
Country Jobs by Location -> Saudi Arabia
Contact Address: P.O. Box 688,

Khafji City 31971

Kingdom of Saudi Arabia
Contact Numbers: (+9663) 766 4024
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