Financial Analyst - Air Arabia
Posted on :
16-08-2024
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Job Description
Date: 9 Aug 2024
Company: Air Arabia PJSC (G9)
Location: Sharjah AE
Country: AE
Job Purpose
To review the financial statements financial reporting budgets; conducts financial reviews; Support the development of Group Level financial control policies procedures and guidelines & analyzes the Companys financial activities and history versus budget for management to take right financial decisions.
Key Result Responsibilities
- Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
- Support Airline Hubs & Subsidiary Companies by conducting financial reviews; analysing the Companys financial activities and history versus budget for management to take right financial decisions.
- Review analyze and maintain the financial statements with details trial balance reviews and other related information for Group.
- Review analyze and discuss the route wise profitability report variations in cost areas comparatives to the other AOCs in Group do deepdive analysis and highlighting the areas of cost variances and revenue changes.
- Review and analyze the balance sheet cash flow statement and other financial reports and discuss the monthly health scores.
- Review examine and analyze accounting records financial statements and other financial reports to assess accuracy completeness and conformance to reporting and procedural standards.
- Review monthend general ledger close journal entries and supporting reconciliations. Review monthly financial statement corporate reporting and drafts internal financial reports.
- Review and analyze the budgets and forecasting financial information on yearly and quarterly basis along with any revision during the year.
- Review and analyze the budget v actual reports on monthly basis with the explanations on the variances.
- Responds to inquiries from the Director of Finance Head of Management Accounts and other senior leadership team regarding financial results special reporting requests and the like.
- Reviews Group consolidated accounts for overall consolations and audit requirements.
- Support the development of Group Level financial control policies procedures and guidelines across all responsible functions.
- Supervise the general ledger group to ensure all financial reporting deadlines are met.
- Assist in development and implementation of new procedures and features to enhance the workflow of the department.
- Reviewing the financial data on monthly basis for accurate month and year end closings.
- Support Head of Management Accounts with special projects and workflow process improvements.
- Collaborates with the other department managers to support overall department goals and objectives.
- Plans and conducts indepth studies to determine cost of business activities.
- Provides direction coaching and guidance to team members for their career and professional development.
- Creates a conducive working environment to build and sustain a performance driven engaged and committed team.
- Ensures people management responsibilities are handled effectively in line with company procedures; Manages performance of respective teams through objective setting continuous support feedback and formal reviews to ensure business objectives are met.
- Performs any additional duties as directed by the line manager.
Qualifications / Experience
- Chartered Accountant with at least 5 years industry experience.
- Strong Fundamental Financial knowledge is a prerequisite.
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Employment Type
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