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Financial Reporting Specialist

2 months ago


London, Greater London, United Kingdom Aramco Trading Limited (ATL) Full time
Position Overview

Aramco Trading Limited (ATL) is seeking a Financial Reporting Specialist with a solid foundation in general accounting to enhance the Finance Department's operations.

Required Qualifications and Skills:

  • A Bachelor’s degree is essential, with candidates being either fully or partially qualified (CIMA or ACCA).
  • Experience in the oil and gas trading sector is highly desirable.
  • Proficiency in preparing financial statements, including income statements, balance sheets, and cash flow statements.
  • Familiarity with standard accounting and bookkeeping principles and practices.
  • Strong command of financial IT systems is necessary.
  • Analytical and problem-solving skills are crucial.
  • Attention to detail, organizational skills, and the ability to manage multiple priorities under pressure are required.

Key Responsibilities:

  • Ensure the validation and reconciliation of accounts before reporting.
  • Prepare statutory financial statements.
  • Provide commentary on financial results.
  • Compile annual financial reports.
  • Oversee balance sheet reconciliation and management.
  • Support interim and annual audits, collaborating with auditors.
  • Address internal and external audit inquiries.
  • Conduct impairment assessments of investments.
  • Perform reviews in accordance with IFRS 16.
  • Investigate discrepancies and variances in financial data.
  • Assist in the month-end financial reporting process.

About Aramco Trading Limited:

Founded in 2010, Aramco Trading (ATC) has established itself as a leading trading entity in the Middle East. Initially focused on the trade of refined products, blending components, and petrochemicals, ATC has evolved to concentrate on refined products and blending components, positioning itself as a global competitor through effective strategies. Our success is driven by our talented workforce, cutting-edge technology, and innovative intelligence. With a diverse team of approximately 500 employees across various global offices, we are dedicated to serving our clients and partners worldwide.

Incorporated in London, Aramco Trading Limited (ATL) engages in energy trading, specifically in the procurement and sale of refined products, crude oil, specialty petroleum products, and chemicals. Beyond physical trading, ATL is involved in shipping, chartering, storage, and trading of financial derivatives. Our expanding London team enhances our global network, ensuring comprehensive coverage across all time zones. ATL actively participates in hydrocarbon trading across Europe, Africa, and the Americas, dealing with a variety of crude grades and petroleum products. The company is also broadening its portfolio to include gas trading, focusing on Liquefied Petroleum Products (LPG) and Liquefied Natural Gas (LNG).