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Financial Analyst – Air Arabia Talent Pal

2 months ago

Sharjah, Sharjah, United Arab Emirates Vacancies Full time
Job Summary

We are seeking a highly skilled Financial Analyst to join our team at Air Arabia. The successful candidate will be responsible for reviewing financial statements, conducting financial reviews, and analyzing financial activities to support management decision-making.

Key Responsibilities
  • Financial Reporting: Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
  • Financial Analysis: Support Airline Hubs & Subsidiary Companies by conducting financial reviews; analyzing the Company's financial activities and history versus budget for management to take right financial decisions.
  • Financial Statement Review: Review, analyze and maintain the financial statements with details, trial balance reviews and other related information for Group.
  • Route Profitability Analysis: 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.
  • Balance Sheet and Cash Flow Analysis: Review and analyze the balance sheet, cash flow statement and other financial reports and discuss the monthly health scores.
  • Accounting Records Review: Review, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  • General Ledger Close: Review month-end general ledger close journal entries and supporting reconciliations. Review monthly financial statement corporate reporting and drafts internal financial reports.
  • Budget and Forecasting: Review and analyze the budgets and forecasting financial information on yearly and quarterly basis along with any revision during the year.
  • Variances Analysis: Review and analyze the budget v actual reports on monthly basis with the explanations on the variances.
  • Financial Inquiries: 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.
  • Group Consolidated Accounts: Reviews Group consolidated accounts for overall consolations and audit requirements.
  • Financial Control Policies: Support the development of Group Level financial control policies, procedures, and guidelines across all responsible functions.
  • General Ledger Supervision: Supervise the general ledger group to ensure all financial reporting deadlines are met.
  • Process Improvement: Assist in development and implementation of new procedures and features to enhance the workflow of the department.
  • Financial Data Review: Reviewing the financial data on monthly basis for accurate month and year end closings.
  • Special Projects: Support Head of Management Accounts with special projects and workflow process improvements.
  • Team Collaboration: Collaborates with the other department managers to support overall department goals and objectives.
  • Cost Analysis: Plans and conducts in-depth studies to determine cost of business activities.
  • Team Management: Provides direction, coaching and guidance to team members for their career and professional development.
  • Performance Management: 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.
  • Additional Duties: Performs any additional duties as directed by the line manager.
Qualifications and Experience
  • Chartered Accountant: Chartered Accountant with at least 5 years industry experience.
  • Financial Knowledge: Strong Fundamental Financial knowledge is a prerequisite.