Financial Analyst - Air Arabia

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 Company’s 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 Company’s 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 AOC’s in Group, do deep-dive 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 month-end 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 in-depth 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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