Job Purpose: The successful candidate will review compliance of stations and entities with finance policies and procedures and facilitate changes necessary to upgrade the effectiveness of the control environment in Finance. Liaise with finance managers and their teams at respective locations around the world to enable the finance function to operate efficiently and in compliance with expected standards. Facilitate critical financial appraisals and inputs to stations to enhance current practices and give an opinion on the effectiveness of the respective stations risk and compliance effectiveness.In this role, you will:
Review station accounting databases to ensure compliance with company policies and procedures in all finance activities of the country, finance activities include areas covering Revenue, Receivables, Payables, Cash/Banking, General ledger and local fiscal regulations. Identify the strengths, weaknesses and risks at the stations and agree an action plan with responsibilities and target dates to address the areas of concerns.
Ensure effective communication by reporting the results of the finance review and on obtaining a buy in for the recommended solutions. Follow up with stations on progress made to address the areas of concern identified in the review reports.
Validate that transactions recorded through the station accounting system reflect their true nature and that they are recorded in a timely manner with necessary clarity. In a decentralised environment where the bulk of supporting documentation is retained at the station (not HO), it is critical that adequate transparency exists in the accounting, thereby promoting effective control by various HO Finance sections through the financial ledgers.
Test the internal controls at the station or where appropriate at the entity, for adequacy with an aim to cover the financial risks at the station or entity. This includes evaluation of the division of responsibilities at the station, reconciliation of control accounts, knowledge of finance procedures and policies amongst non-finance staff.
Identify financial or other control risks at the station or entity and provide alternative solutions to cover such risks.
Qualifications & Experience: To be considered for this role, you must meet the below requirements:
Finance & Insurance/Station Accounting : 5+ Years.
Finance Graduate with 5 years experience, a recognised professional accounting qualification to the standard of Chartered Accountant, CPA or similar is preferred.
You\'ll have an edge if you have:
Comprehensive knowledge of airline accounting procedures and familiarity with IATA regulations with regard to Passenger/Cargo/Excess Baggage sales is essential.
Knowledge of rules and procedures under the local laws to take care of statutory requirements is preferred.
Ability to function independently within an established framework and to be practical and innovative are necessary qualities.
Salary & Benefits: Join us in Dubai and enjoy an attractive tax-free salary and travel benefits that are exclusive to our industry, including discounts on flights and hotels stays around the world. You can find out more information about our employee benefits in the Working Here section of our website confidential Further information on whats it like to live and work in our cosmopolitan home city, can be found in the Dubai Lifestyle section.This job has been sourced from an external job board. More jobs on https://www.qureos.com/