Senior Business Finance Analyst

Job description / Role

Senior Business Finance Analyst - Qatar Airways - Doha

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

Operation Accountabilities:
- 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 minimised depending on the circumstances of operation.
- Analyse monthly financial statements, identified the drivers of financial performance and proposes potential solutions. Evaluates and prioritises financial and operational viability and attractiveness of solutions proposed by self and others.
- Produces periodic financial forecasts, projections as well as annual strategic and financial plans.
- Maintains Data base for all statistical information on various matters, KPI’s, Data relevant to the determination of KPI’s for the past three to four years for effective comparison of performance.
- Reports on actual investment or initiative results after implementation and compare to original project plan. Monitors the capital budget to ensure funds are spent as intended.
- Should have the ability to review Contracts and identify financial implication arising from various terms & conditions, highlight impractical terms which only increases cost, Suggest modifications without compromising basic requirements to reduce cost,
- Provide information on a timely basis, keeping strict adherence to targets - Monthly, Weekly and Daily to produce structured reports.
- You should produce accurate and complete information, to be used by key management and be able to independently put control measures to validate the accuracy of the information.
- You must maintain database of MIS the section accurately and any issues with the system must be escalated immediately
- 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
- Should be innovative and come up with cost reduction ideas for the business unit they support.
- One is expected to be well versed with the policies & procedures in general which would indicate their ability to comprehend and ensure strict implementation of the company’s policies & procedures.

Client Management:
- Assist departments in the preparation of budget and provide guidance
- Regularly review the department financial objectives, plans, procedures and practices recommending appropriate changes if needed.
- Present cost centre reports tailored to the requirement of the budget holder, highlight unresolved issues, disputed and conflict of interest within the department, between departments and outside parties.
- Comply strictly to the deadline specified for submission of Audit requirements, requirements of statutory, government agencies and all reports for top management.
- Where required oversee and coach employees within the function who carry out financial transactions to ensure a high standard of service delivery.

Requirements

We are looking for a strong Finance professional with a Bachelor’s Degree or equivalent. CA/CPA qualified, with excellent post qualification experience.A Master's degree in business, finance or operations will be an added advantage.

The idea candidate will have a minimum of 5 years of experience as a financial analyst in the airline industry, and demonstrated experience in extracting and analysing airline revenue data; developing models and forecasting; and having advanced data query skills and the ability to work with large datasets.

- 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 experience with solving complex business problems, developing financial models, and presenting findings to senior management, advanced Excel modelling skills with a focus on financial modelling, proficiency in Databases, and an understanding of airline networks.
- Demonstrated ability to lead and participate in projects.
- Demonstrated ability to establish metrics, coach and mentor junior employees and provide performance feedback.
- 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 prioritise and execute concurrent assignments.
- Ability to meet deadlines without supervision.

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.