Airlines - Corporate Operations

Description:

About the Job
Air Arabia is looking for individuals with strong numerical skills and a keen attention to detail to work within the Revenue Accounts team of the Finance department. The selected candidate will be responsible for performing various cash accounting activities within the Corporate Treasury function primarily focused on the General Ledger duties of a treasury department. The selected candidate will also be required to cover banking activities related to issuance and timely renewal of Bank Guarantee’s and Letter of Credits and will be the primary point of contact both internally and externally.

Key Accountabilities
•Assists with accounting activities relating to the maintenance of complete and accurate accounting records.
•Perform bank reconciliations - reconciliation of the bank statement against the GL and reconciliation of any assigned clearing accounts.
•Respond to audit inquiries in a timely manner; as required, make calls to the bank directly to clarify adjustments or to clarify items on the bank statements in order to reconcile activity or properly code it; liaise with auditors to confirm bank balances as of a certain date.
•Prepares accurate and timely general ledger account reconciliations subsequent to month end.
•Sole point of contact for all activities related to issuance and renewal of Bank Guarantee’s and Letter of Credit.
•Keep safe the bank guarantees received from Local/Outstations agents and follow up for timely renewal or encashment (if required).
•Preparing and updating the periodical cash flows, collecting information required to update the same.
•Daily monitoring of Rate of Exchange on reservation system and taking appropriate actions. Also responsible for communicating both internally and externally whenever any changes are recorded.
•Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
•Reviewing the financial data on a monthly basis for accurate month and year end closing.
•Ensure the timely reporting of all monthly financial information.
•Assist the development and implementation of new procedures and features to enhance the workflow of the department.

Requirements:

Qualifications and Experience:
•Must hold a degree in Finance and minimum 3 years’ experience in the related field preferably airline industry.
•Previous experience in general ledger accounting
•Strong organizational, critical thinking and customer service skills
•Ability to multi-task and manage competing deadlines
•Effective written and verbal communication skills
•Ability to work in a team environment.
•Conversant in MSOffice suite especially MS-Excel / MS-Access or related software.

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