Air Arabia

Finance Manager

Air Arabia

UAE, United Arab Emirates

Job Details

Type: Full Time

Post Date: 30+ days ago

Industry: Business And Finance

Job Description


Manage the entire finance function of UAE entities by supervising, leading & motivating the team, to ensure adherence to the company process and policy, financial and accounting discipline, strong internal control, improve cashflow and reduce exposure.

Key Responsibilities:

  • Ensure the accuracy and timeliness of financial statements (profit & loss, balance sheet, cash flow) according to IFRS standards.

  • Manage all cash management functions including cash concentration and account funding and ensure adequate liquidity for working capital needs.

  • Prepare budgets and analyse the variance with proper reasoning.

  • Identify cost optimization opportunities.

  • Lead all the VAT/Tax/Compliance related planning and its compliance.

  • Identify risks and other areas of process improvements and implement recommendations.

  • Direct the planning, execution and reporting of year end audit.

  • Accountable for drafting, implementing and enforcing effective credit control.

  • Ensure prompt collection and minimum exposure.

  • Review and presentation of monthly customer aging.

  • Ensure timely and accurate supplier payments.

  • Resolve customer complaints, billing discrepancies and errors.

  • Develop and implement policies & procedures in coordination with the other stakeholders.

  • Manage timely month closing and submission of MIS reports.

Operational excellence:

  • Coordinate with other departments like Operations, Sales, Legal and IT.

  • Initiate and implement process improvement projects.

  • Coach and develop a team.

  • Perform other related duties as assigned and work closely with Head of Finance

Air Arabia (PJSC), listed on the Dubai Financial Market, is the Middle East and North Africa’s first and largest low-cost carrier operator flying to over 190 destinations across the world. Air Arabia was the first airline to introduce the low-cost carrier concept in the region and is on a mission to serve all Arab countries and beyond, constantly undergoing aggressive route expansion, taking advantage of its ideally located hubs in the United Arab Emirates, Morocco, Egypt, Armenia, and Pakistan. Over the past two decades, Air Arabia, through continuous market research and customer feedback, has provided a range of value-added services to millions of passengers who chose to fly with the airline's fleet of A320 aircraft.

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