Senior Finance Analyst

Job description / Role

The position holder is responsible for providing Financial Analysis to ensure optimal allocation of resources, providing insightful information and assisting the department to follow Group accounting policies as appropriate.

* Assist develop advanced financial models and conduct analysis using a broad range of quantitative tools and techniques (trend analyses on past financial and operational performance, root cause analyses, analysis of profitability drivers, scenario modelling for future options, unit-cost benchmarking, etc.)
* Assist establish corporate and department financial goals and work with departments to build budgets and forecasts meeting these targets
* Analyse actuals, forecasts, and budgets and prepare analyses for upper management of Division and corporate performance against benchmarks
* Analyse capital spending projects and make recommendations for approval, rejection, or rework
* Facilitate one or more corporate wide projects such as cash flow modelling, long-term strategic plan models, or cost cutting initiatives
* Coordinate development of business cases and scenario models to drive better business decisions
* Support developing Business Cases justifying large capital projects, explaining financial performance, or the financial forecast
* Meet weekly with senior management as required to discuss capital or headcount needs and help divisions obtain resources.
* Create reports and presentations for senior management
* Develop expertise in analyses focusing on specialized functions (e.g. Commercial)
* Analyse and interpret financial data for use in management reviews and decisions
* Prepare quantitative regression analysis and statistical analysis of revenue databases and airline industry databases to analyse revenue performance and provide recommendations to improve revenue;
* Analyse monthly revenue performance - Create various reports including but not limited to Industry ASM growth by Airline & Alliance, Revenue performance by Region/ Hub/ Entity and comparison with Industry, Impact due to exchange rate changes
* Conduct ad hoc revenue analysis for senior management
* Assist develop and maintain a competitive intelligence framework for benchmarking against regional rivals and mature carriers.
* Maintain a financial best practices platform, both, industry-specific and cross industries.

Management & Leadership

* Establish the department or teams objectives and priorities to align with and support business objectives.
* Regularly evaluate the department or teams objectives, plans, procedures and practices, and makes appropriate changes if needed.
* Oversee and supervise employees. Direct daily activities, recruit, train, develop and discipline to ensure a high standard of service delivery.

Development

* Take responsibility for own ongoing personal development and growth of expertise.
* Train and develop other employees, for proper succession planning and risk management.
* Assist in the response to any emergency or a major operational disruption affecting Qatar Airways or its subsidiaries, including support of the Qatar Airways Special Assistance Program.
* Train Qatari staff in the duties above.
* Perform other department duties related to his/her position as directed by the Head of the Department.

Operational Safety

* Ensure full awareness of work health and safety requirements and expectations in order to minimise health and safety risks for self and colleagues.
* Ensure compliance to all relevant safety, security, quality and environmental management policies, procedures and controls across the operation to guarantee employee safety, security, legislative compliance, delivery of high quality service with a responsible environmental attitude
* Take a direct and personal interest in reported injuries, incidents, near misses and hazards to ensure that appropriate reporting, investigation and response is being achieved.

Requirements

Qualifications:

Essential

* Bachelors Degree or equivalent

Preferred

* Master's degree in business, finance, operations or related field a plus/desirable


Previous Experience:

Essential

* Specialist - minimum 5 years of job-related experience required

Job Specific Skills:

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 experience with solving complex business problems, developing financial models, and presenting findings to senior management, advanced Excel modeling skills with a focus on financial modeling, 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 prioritize and execute concurrent assignments.
* Ability to meet deadlines without supervision.

Preferred
Minimum 2 years of experience as a financial analyst in the airline industry, and demonstrated experience in extracting and analyzing airline revenue data using SAS or SQL or other tools; 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.