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Location

Washington State | United States

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Job description

This role required candidate to permanently relocate at Dhahran, Saudi Arabia.

About the Company

This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.

Job Summary

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 This Company'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 This Company 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.

Key Responsibilities:

• Consult and advise on: Finance, Accounting, Financial Reporting, Compensation, Finance Systems, Accounting Policy and systems, IT, and auditing.
• Solve complex problems from changes in corporate policy, accounting standards, and laws.
• Create efficient systems and procedures in finance, ensuring adherence to accounting principles.
• Supervise internal audits impacting key functions.
• Assist This Company in interpreting finance policy and implementing financial control systems.
• Work independently with minimal guidance.
• Determine processes and procedures for assignments with considerable freedom.
• Formulate innovative systems and procedures in finance, adhering to accounting principles.
• Provide solutions and recommendations for complex financial matters.
• Improve processes to preserve capital, ensure liquidity, and maximize returns.
• Help set up money market investment instruments.
• Present liquidity outlook and investment proposals to Treasury Management.

Requirements:

• Willingness to relocate to Dhahran, Saudi Arabia.
• Hold a Bachelor's degree in Finance, Accounting, Economics, or a related field from an accredited program. An MBA or other advanced business degree is preferred. Professional certifications such as CFA, CPA, or CFP are advantageous.
• Possess a minimum of 12 years of Treasury experience, including expertise in cash forecasting and cash management.
• Showcase experience in evaluating FinTech companies to automate Extend & Discount programs within supply chains.
• Exhibit a track record of successfully placing competitive short-term cash investments.
• Previous operational experience within an Integrated Oil Company is beneficial.
• Capable of coaching staff to enhance their analytical skills and project delivery capabilities.
• Have advanced proficiency in Excel and exceptional presentation skills.

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Job tags

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Salary