Finance Manager-Saudi Arabia

Country SAUDI ARABIA City Jeddah Department Closing date 9 October 2012

Job Purpose Successful candidate will be responsible in outlining systems and procedures as per requirements of Head Office as well as local sales offices to ensure revenue collections and control capital and operating expenses to be within the approved budget limits for the Country. Credit collections on timely basis to boost the cash flow. Participate in the budget preparations for Saudia Arabia's station to ensure that budget proposals are on a realistic basis. Maintain discipline among the staff and foster human relationship to motivate them for a better performance. Manage the Station Finance Cell to meet the target dates for MIS by proper division of work and optimum utilization of all the factors of production, especially the manpower. Ensuring all policies are adhered and financial transactions are timely accounted in line with internal accounting procedures and Etihad financial policies. Co-ordinate and administer internally and externally and attend to audit and checks. Responsibilities Your responsibilities shall include but not limited to: Managing & reviewing process Finance cell at the station to meet HO targets on monthly closing, Submit KCL / revenue reports and fixed asset confirmation Oracle financials and QBIT. Monthly Test checks Bills / sales reports. Prepare/Review Annual Budgets. Adherence Local laws and regulations relating to Taxes, VAT, Payroll and other applicable matters. Agreements Finalisation of local agreements Such as handling, catering, Crew accommodation, credit card. Reviewing of fare sheets released By Pricing Department. Maintaining Proper books of account. Review by 20th of each month:   A. Debtor aging.   B. Creditor aging   C.Cash flow   D.Cost centre report Requirements Minimum of a University degree in accounting. (Candidates with professional qualifications like CA, Cost Accountant, and Management Accountant will be preferable.  10 – 12 Years experience in Airline accounting with strong exposure to financial accounting, Should have the experience to lead and manage the team of accountants preferably having worked in a similar position at an Outstation. In addition to above; you are required to have the following: User level training in Oracle Financials or any ERP for AP/AR/GL modules. Fund Management, Credit Management, Revenue Management, Staff Management. Airlines Tariff, IATA rules and regulations, working of various Revenue Accounting Systems, Any ERP, Preferably in Oracle Financials. MS Word/Excel. Finalization of accounts. Basic Knowledge on Pax and Cargo accounting Strong Knowledge of Aviation specific expenditure profile. Knowledge on contracts. Thorough knowledge of local laws, rules and regulations pertaining to finance such as VAT, Income tax, GST, Employer and Employee contributions etc.

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