Graduate Development Program - Finance-Saudi Nationals

About Al Jomaih Energy & Water (AEW)

Al Jomaih Energy & Water (AEW), headquartered in Saudi Arabia, stands at the forefront of utility and infrastructure development, investing in and operating projects across the Kingdom of Saudi Arabia, the GCC, Asia, and North Africa. With a diversified portfolio encompassing 6 GW of conventional and solar power plants, as well as approximately 700,000 m³/day of water production capacity, AEW is a key player in shaping the future of sustainable energy and water solutions. Established in 2007 as a subsidiary of Al Jomaih Holding Company—a leading Saudi conglomerate with an 80-year legacy—AWE is committed to driving sustainable, social, and economic progress through innovation and operational excellence in the Power, Renewables, and Water sectors.

Program Overview

The Graduate Development Program in Finance is meticulously designed to cultivate the next generation of financial leaders within the energy and water industry. This comprehensive 12-month program offers recent graduates the opportunity to gain hands-on experience across critical finance functions, including Accounting & Reporting, Tax, Asset Management Finance, and Corporate Finance. Participants will engage in structured rotational assignments, enabling them to develop a robust foundation in financial operations, strategic decision-making, and business partnering within a dynamic and evolving energy landscape. The program is tailored to equip graduates with the technical expertise, leadership acumen, and industry insights necessary to thrive in a fast-paced corporate environment.

Key Responsibilities

Participants in the Graduate Development Program will be immersed in a variety of finance-related tasks and projects, including:

• Accounting & Reporting: Gain exposure to fundamental accounting principles, financial statement components, and GAAP standards. Assist in invoice processing (AP & AR), bank reconciliations, and financial documentation to ensure accuracy and compliance.
• Tax: Develop a deep understanding of taxation principles, including VAT, corporate tax, and regulatory filings. Support the preparation of tax compliance documents and maintain meticulous tax records to meet regional and international standards.
• Asset Management Finance: Learn the financial tracking and reporting mechanisms for energy assets and operational infrastructure. Contribute to asset capitalization, depreciation calculations, and fixed asset reconciliations. Assist in budgeting and forecasting for large-scale energy projects.
• Corporate Finance: Participate in financial modeling, budgeting, and forecasting activities to support strategic planning. Monitor cash flows, engage in treasury-related operations, and contribute to high-impact financial presentations that drive business decisions.

Qualifications & Skills

To qualify for this prestigious program, candidates must meet the following criteria:

• A bachelor’s degree in Finance, Accounting, Economics, or a related discipline from an accredited institution.
• Recent graduates or individuals with up to 1-2 years of relevant internship or work experience in finance or accounting.
• Exceptional analytical and numerical proficiency, with a keen eye for detail and accuracy.
• Proficiency in Microsoft Excel and PowerPoint, with the ability to create insightful financial models and presentations.
• Familiarity with ERP systems such as SAP or Oracle is considered a valuable asset.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across teams and stakeholders.
• A proactive mindset with a willingness to learn, adapt, and thrive in a challenging and fast-paced environment.
• A demonstrated interest in the energy, utilities, or infrastructure sectors, coupled with a passion for sustainable development.

What You Will Gain

Participants in the Graduate Development Program will benefit from a structured and immersive learning experience that includes:

• Hands-on exposure to diverse finance functions through rotational assignments, fostering a well-rounded skill set.
• Direct engagement with large-scale energy operations and infrastructure projects, providing real-world context to financial decision-making.
• Personalized mentorship from seasoned finance professionals who will guide and support your professional growth.
• An opportunity for full-time employment upon successful completion of the program, contingent upon performance and business needs.

Core & Technical Competencies

The ideal candidate will embody the following competencies to excel in this program:

• Core Competencies: Collaboration & Communication, Agility, Resilience, Initiative, and Adaptability.
• Technical Competencies: Strategic Thinking, Result Orientation, Stakeholder Management, Quick Learner, and Problem Solver.

Location

This program is based in Riyadh or Dammam, Saudi Arabia, offering participants the chance to work in a dynamic and culturally rich environment while contributing to the Kingdom’s Vision 2030 goals.