Sr. Principal Accountant

Posted 15 Days Ago
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Al Khobar
Senior level
Software • Energy
The Role
This role manages foreign statutory reporting and compliance for international entities, ensuring adherence to local and US GAAP accounting principles while coordinating with local service providers.
Summary Generated by Built In

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

The RoleThis position entails being a member of a team responsible for the Company’s international entities with primary responsibility for foreign statutory reporting and compliance. The position includes managing relationships with local service providers and applying local and US GAAP accounting principles to prepare accurate and timely statutory reporting and related local compliances for our Middle East entities.

Your Impact

  • Ensure compliance with all country specific statutory accounting, tax, and regulatory filings.

  • Ensure compliance with US GAAP accounting standards.

  • Manage local annual audit and financial statement reporting process and prepare necessary schedules, reconciliations, and analyses.

  • Support Local Service Provider relationships, supplying and reconciling all necessary reports and analyses, closely communicating, and coordinating with provider.

  • Prepare information and analyses to support annual corporate income tax return.

  • Prepare all value added tax filings. For some locations, this will be assisted by the external provider.

  • Compile and analyze financial information and prepare fluctuation analyses.

  • Monthly reconciliations of local to US GAAP results.

  • Ensure compliance with all local regulations and internal audit controls.

  • Suggest and contribute to process improvements.

  • Create various analyses, forecasts and lead ad hoc projects.

  • Interpret local GAAP accounting concepts and implement solutions.

  • Operate under minimal supervision with latitude for independent action.

  • Manage deliverables and prioritize tasks.

  • May co-ordinate activities of others.

What You'll Need

  • Bachelor's Degree in Accounting or Finance.
  • 5+ years of relevant GL accounting or financial reporting experience.
  • Highly motivated and able to handle multiple priorities.
  • Excellent attention to detail.
  • Proactive and manages workload effectively in a fast pace environment.
  • A team player with a flexible and collaborative approach.
  • Excellent verbal and written communication skills.
  • Ability to convey information in a clear and concise manner with all levels of the organization.
  • Strong organizational, analytical, and quantitative skills.
  • Strong Excel skills required.
  • Experience in a large public company preferred.
  • Oracle or related ERP experience preferred.
  • Fluent English language skills required.

Top Skills

Excel
Oracle
Us Gaap
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The Company
HQ: Bedford, MA
2,466 Employees
On-site Workplace

What We Do

AspenTech is a global leader in asset optimization software helping the world’s leading industrial companies run their operations more safely, efficiently and reliably – enabling innovation while reducing waste and impact on the environment. AspenTech software accelerates and maximizes value gained from digital transformation initiatives with a holistic approach to the asset lifecycle and supply chain.

By introducing effective AI modeling to traditional principles of process engineering, AspenTech delivers a faster and more accurate analysis of efficiency and performance boundaries. The real-time data and actionable insights delivered by our software help customers push the boundaries of what’s possible.

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