Graduate Development Program - Finance-Saudi Nationals

Al Jomaih Energy & Water (AEW) headquartered in Saudi Arabia, is a fast-growing investor, lead develper, and operator of utility and infrastructure projects in various geographical markets such as KSA, GCC, Asia & North Africa, with investments in 6 GW of Conventional and Solar power plants, and around 700,000 m3/day of water.  

AEW was established in 2007, as a subsidiary of Al Jomaih Holding Company, a leading Saudi conglomerate with a legacy spanning over 80 years, focused on enabling sustainable, social, and economic progress in the Kingdom of Saudi Arabia and beyond.  

At AEW, our mission is to tackle new technologies, solve complex problems, and leverage our expertise to unlock opportunities in the Power, Renewables & Water Sectors, while driving impact for our stakeholders across the value chain. 

Overview 

Graduate Development Program is designed to equip graduates with a strong foundation in the energy and water sector, while developing their financial skills, leadership skills, and business acumen working with a leading industry player.  

This program is designed to provide hands-on exposure across key finance functions like Accounting & Reporting, Tax, Asset Management Finance, and Corporate Finance. The trainee will participate in structured rotations, gaining practical experience and developing a strong foundation in financial operations and business partnering within a dynamic energy environment. 

Location: Riyadh/Damam, Saudi Arabia

Your Job Functions (Duties & Responsibilities) 

Accounting & Reporting 

• Learn fundamental accounting concepts and principles. 

• Introduction to components of financial statements and GAAP. 

• Assist in recording invoice in AP & AR. 

• Assist in bank reconciliation. 

Tax 

• Learn and understand various types of taxation and its principles. 

• Learn about individual country tax compliance.  

• Support preparation of VAT, corporate tax, and other regulatory filings.  

• Assist in maintaining tax documentation and compliance records.  

Asset Management-Finance 

• Learn about financial tracking and reporting of projects and operational assets.  

• Assist in asset capitalization, depreciation, and fixed asset reconciliations.  

• Participate in budgeting and forecasting for energy assets and infrastructure projects.  

Corporate Finance 

• Learn about financial modeling, budgeting, and forecasting activities.  

• Participate in cash flow monitoring and treasury-related activities.  

• Contribute to financial presentations and strategic planning initiatives. 

Qualifications & Skill Sets 

• Bachelors’ degree in Finance, Accounting, Economics, or related discipline.  

• Recent graduate or up to 1–2 years of relevant internship/work experience.  

• Strong analytical and numerical skills.  

• Proficiency in Microsoft Excel and PowerPoint.  

• Knowledge of ERP systems such as SAP or Oracle is an advantage.  

• Strong communication and interpersonal skills.  

• Willingness to learn and adapt in a fast-paced environment.  

• Interest in the energy, utilities, or infrastructure sector. 

What you Gain  

• Structured rotational training across finance functions.  

• Exposure to large-scale energy operations and projects.  

• Mentorship from experienced finance professionals. 

• Opportunity of a full time placement upon successful completion of the program.  

CORE Competencies 

• Collaboration & Communication 
• Agility 
• Resilience 
• Initiative  
• Adaptability 

TECHNICAL Competencies 

• Strategic Thinking 
• Result Orientation 
• Stakeholder Management 
• Quick Learner 
• Problem Solver