Business Finance Officer

Job description / Role

Sitting within the Qatar Airways Finance Division, you will be supporting the Finance Control team in Cargo, providing financial analysis to ensure optimal allocation of resources, providing insightful information and assisting the department to follow Group accounting policies as appropriate.

Key Accountabilities of the role:

Operation Accountabilities.
• Assist in Develop Advanced Financial models and conduct analysis using a broad range of Quantitative tools and techniques ( trend analysis on financial and operational performance, root cause analysis , analysis of profitability drivers , scenario modelling for future options , unit cost bench marking etc
• Prepare quantitative and statistical analysis of revenue data bases and airline industry database to analyse revenue performance and provide recommendation to improve revenue
• Analyse monthly revenue performance – create various reports including like Industry growth by Airline, Revenue performance by Region/HUB/Global customer and comparison with industry. Foreign Exchange analysis.
• Review the budget prepared by departments with reference to various parameters, restrictions & limits specified by the management for ensuring that the additions sought are reasonable and minimized depending on the circumstances of operation. Focusing on Capacity, O & D pair and Load factor analysis.
• Analyse actuals, forecasts and budgets and prepare analyses for upper management of division and corporate performance against benchmarks
• Maintains Data base for all statistical information on various matters including GSA , BG, GSA contract synopsis, KPI’s, Data relevant to the determination of KPI’s for the past three to four years for effective comparison of performance.
• You should review and prepare analysis of potential new business cases clearly indicating the business case as positive/negative with sensitivity analysis. You must produce information to be comparative i.e. budget, previous years, forecast, industry
• Should be able to review proposals for Automation, replenishment, projects, new concepts etc. and evaluate the benefits in terms of cost reduction and efficiency improvements
• Should be innovative and come up with incremental revenue opportunities, cost reduction ideas for the business unit they support.

Client Management:
• Assist departments in the preparation of budget and provide guidance in matters of revenue and cost.
• Regularly review the department financial objectives, plans, procedures and practices recommending appropriate changes if needed.
• Comply strictly to the deadline specified for submission of Audit requirements, requirements of statutory, government agencies and all reports for top management.

Requirements

We are looking for a strong Finance professional with a Bachelor’s Degree or equivalent.

A Master's degree in business, finance or operations will be an added advantage.

Preferred:
Minimum 2 years of experience as financial analyst in Air Cargo or Logistics Industry.

The following job specific skills will be essential:
• Proficient with Microsoft Office software (e.g. Word, Excel, Outlook, PowerPoint)
• Strong analytical skills
• Excellent written and verbal communication skills, with the ability to effectively interact with employees at all levels in the organization
• Knowledge of Excel Macros, VBA and Databases
• Demonstrated ability to establish metrics, KPI’s, maintain data base and manage MIS reporting.
• Demonstrated experience using innovative thinking ability with high degree of motivation and problem solving skills required.
• Flexible/adaptable to constant change and scheduling needs to meet deadlines.
• Demonstrated ability to work in a team environment.
• Demonstrated ability to work on projects and prioritize and execute concurrent assignments.
• Ability to meet deadlines without supervision.

The ideal candidate will have a minimum of 2 years of experience as a financial analyst in the Air cargo or Logistics industry, and demonstrated experience in extracting and analyzing airline revenue & Cost data, developing models and forecasting; and having advanced data query skills and the ability to work with large datasets.

About the Company

Qatar Airways is proud to be one of the youngest global airlines to serve all six continents, and thanks to our customers’ response to our offerings, we are also the world’s fastest-growing airline. We connect more than 150 destinations on the map every day, with a fleet of the latest-generation aircraft, and an unrivalled level of service from our home and hub, the Five-star airport, Hamad International Airport in Doha, the State of Qatar.

Travel today involves a mix of short, medium and long-haul segments, with more people travelling than ever before. With the breadth of network coverage today, virtually no destination is unreachable. This is why the commitment to service is paramount; as our guests are travelling farther and more frequently than ever before, the experience on board is an important part of the journey itself.

Since our launch in 1997, Qatar Airways has earned many awards and accolades, becoming one of an elite group of airlines worldwide to have earned a 5-star rating by Skytrax. Voted Airline of the Year by Skytrax in 2011, 2012, 2015 and most recently in 2017, Qatar Airways has won the confidence of the travelling public. We have accomplished these goals by focusing on the details – how we run the business, and how you experience our airline.