Internal Controls Manager - Finance

Job description / Role

Internal Controls Manager - Finance - Qatar Airways - Doha

In the role of Internal Controls Manager, you will undertake in-depth analysis of system of Internal Controls across the Finance operations in Qatar Airways, and identify opportunities to further strengthen the efficiency and effectiveness of risk based internal controls

Key accountabilities of the role:
• Develop a risk based mechanism to identify critical internal controls and perform a “Stress Test” to determine the efficacy of control’s design and its ability to mitigate the risks.
• Undertake analysis to quantify the likelihood and impact of potential scenarios resulting in control(s) failure.
• Identify areas/opportunities to further strengthen the internal control’s environment to reduce the likelihood of control failure/breach and/or its impact on Finance operations.
• Raise practical, cost effective, and measurable corrective actions for the Line Management to implement opportunities to enhance the design and function of internal controls.
• Carry out ongoing reviews for refinement and improvement of Internal Controls Framework, its methodology and supporting procedures.
• Develop interactive reports on the health of internal controls and inherent risks.
• Undertake a review of lapses in internal controls or non-compliances with Finance Procedures reported by internal and external auditors. Develop mitigation strategies to address the risks and propose corrective actions to relevant stakeholders for timely and effective implementation of audit recommendations.
• Continuously update and refine the Risk and Controls Matrix (RCM) for respective Finance Functions, to ensure risk and mitigating controls are updated timely, and any changes / automation / improvement in internal process and procedures are adequately reflected in the RCM.
• Proactively involve with the IT projects across Qatar Airways to identify potential impact on finance functions, opportunities for automation in finance process and procedures, adequacy of system based internal controls, and overall general controls environment.
• Participate in working groups to create awareness about the significance of internal controls and contribute in developing measures to ensure compliance.
• Undertake continuous research to implement industry best practices (as applicable).
• Oversee and supervise up to 8 employees. Direct daily activities, recruit, train, develop and discipline to ensure a high standard of service delivery.
• Take accountability and ownership for the delivery of team’s objectives.
• Proactively participate in defining strategies and long term planning for Finance Policies and Internal Controls Function. Identify opportunities to enhance strategic role of the team and to add shareholder value.

Requirements

You will have a University qualification at Bachelor's level or equivalent with preferably one of the following further qualifications:
• Certification in Control Self-Assessment, Risk Management Assurance is a distinctive advantage.
• Preferably you will be a qualified CA / CPA / ACCA.

In addition, you will have 7 or more years’ experience in a similar role with at least 3 years in an audit or internal controls environment.

In addition, you will have the following job specific skills:
• Excellent written and verbal communication skills.
• Solid presentation skills including use of latest IT solutions to make dynamic presentation to stakeholders across the Network.
• Strong ability to work in cross-culture environment, with teams spread across different geographies.
• Sound understating of Internal Audit, Risk Management and Corporate Governance.
• Sound knowledge and experience in development and implementation of internal controls framework.
• Sound knowledge, understanding and experience in application of International Accounting Standards / IFRS.
• Proven ability to constantly meet tight deadlines, ensuring quality control, and attention to detail.
• Must have excellent organizational ability to be able to set priorities, handle multiple responsibilities/work interruptions.
• Must be a self-starter and have the ability to work independently with minimal instructions.
• Must have the ability to maintain strict confidentiality of records and information.
• Managerial skills - Ability to delegate work, set clear direction and manage workflow. Strong mentoring and coaching skills. Ability to train and develop subordinate's skills. Ability to foster teamwork among team members.

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.