Aljomaih Energy and Water Company

Graduate Development Program - Finance-Saudi Nationals

Aljomaih Energy and Water Company  •  Riyadh, SA (Onsite)  •  10 days ago
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Job Description

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.

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

Requirements

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
Aljomaih Energy and Water Company

About Aljomaih Energy and Water Company

Since our founding in 2007, Aljomaih Energy & Water has transformed from a regional entity into a leading player in the energy and water sectors, with projects spanning Asia, Africa, and the Middle East.

As a subsidiary of Aljomaih Holding Company, a respected Saudi investment conglomerate, we combine time tested principles with a progressive approach.

With a track record of leading or co-developing complex, large-scale power and water projects across multiple geographies, we have become a reliable partner for both local and international stakeholders.

From initial project planning to ongoing operation, we embrace excellence, transparency, and adaptability as cornerstones of our success, playing our role in contributing towards Saudi Arabia’s Green Initiative and Vision 2030, as well as global Net Zero ambitions.

Power Generation Capacity of 10 GW

Aljomaih Energy & Water’s diverse portfolio encompasses a robust capacity of 10 GW across conventional and renewable energy sources, including Combined Cycle Gas Turbine (CCGT), cogeneration, and solar power projects. These energy solutions are tailored to address current and future demands while supporting socio-economic development.

Enhancing Water Resources with 700,000 m³/day Capacity

With our Independent Water Projects (IWP), Independent Water and Power Projects (IWPP), and Independent Water Treatment Projects (IWTP), we manage desalination and industrial wastewater treatment facilities that deliver around 700,000 m³ of clean water per day. These projects contribute to community resilience and health by ensuring essential, clean water resources are accessible and sustainable for all.

Follow our journey to learn more.

Industry
Energy & Utilities
Company Size
51-200 employees
Headquarters
Al Raka Al Shamaliah, SA
Year Founded
2007
Website
jenwa.com
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