Financial and Planning Division Head - (UAE National)

To provide financial analysis on key decisions affecting the airline operations, so that the full financial implications are known in the area of revenue maximising, economic evaluation of various  scenarios and other business proposals. To administer and independently manage the budget process for the airline, covering the distribution of the budget packs, the consolidation of submissions and preparation of executive summaries for final approval , ensuring that the process is completed in a timely manner.

RESPONSIBILITIES

•  Manage the corporate budget process, covering preparation and distribution of the timetable, creation of the budget standards, testing & control of systems enhancements, monitoring & chasing timely submissions, and overall data quality control.
• To provide analytical support in the areas of long term financial planning, acquisition of new aircraft, financial forecasts and financial evaluation of various other new business proposals.
• To provide financial analysis and pro-active support by providing input on costs and validating revenue assumptions
• To reconcile revenue and cost figures with the actual data in financial systems, monitoring variances and taking preventive measures to restrict the variance within tolerance levels.
• Review CEP/duty travel/CORE forms before approval by Top Management. Following once the project is completed to ensure proper closure of the relevant MMPs and CEPs.   
• To Managed and review Company’s General Ledger activities
• To manage Technical Accounting in accordance with International Financial Reporting standards
• To monitor and control the management information system including the preparation of weekly and monthly management and board reports. Ensure that the budget performance reports are distributed on timely basis every month to the concerned departmental heads and have regular follow-up meetings with them to discuss these reports.
• To perform the functions of financial analyst for the selected departments and provide them with the necessary reports and analyses.
• To perform such other tasks as may be assigned by Director Finance from time to time

• Minimum of five year’s experience, preferably in Airline, of which at least three years should be in a role with strong emphasis to financial analysis and management accounting
• Professional accounting qualification ACA, CPA, CIMA. MBA ( Finance)  or equivalent 
• A high degree of knowledge on all aspects of the airline operations, airline accounting and financial planning
• Proficiency in the use of office automation software like Excel, Word etc., to help compile/produce management reports and analysis efficiently
• Experience in the usage of Oracle and ERP systems will be an advantage
• Commercial acumen and strong communication and interpersonal skills are required to deal with the business managers. 
• Very good mathematical skills and analytical thinking
• Fluent in English and Arabic with good communication skills
• Ability to provide continuous process improvements