Head of Financial planning and Analysis

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The Financial Planning and Analysis Head is responsible for overseeing Oman Air's financial planning and budgeting, and fleet contracts management teams. This role is critical to ensure the airline's accurate financial planning and meeting financial goals while driving financial stability and efficiency throughout Oman Air's transformation.

Duties and Responsibilities

General Responsibilities

1. Oversee the development of detailed short-medium- and long-term financial planning and detailed budgeting for Oman Air, in line with the new direction and transformation.

2. Develop an integrated financial planning approach that aligns the budgeting, forecasting, and financial reporting processes and links strategic objectives with financial plans.

3. Support the acceleration of cost reduction through effective implementation of key initiatives in line with the financial strategy (e.g., improved budgeting, etc.).

1. Develop and maintain up-to-date financial control procedures while ensuring adherence to international and local financial regulations and standards.

2. Develop and enhance the models/tools/templates used to conduct financial planning and budgeting.

3. Work side-by-side with all department leaders to conduct proper forecasting based on current needs.

4. Analyze and review benchmark exercise of previous budgets, comparing financial allocations and performance against industry standards and identifying areas of improvement for future budgeting.

5. Oversee the zero-based budgeting approach and ensure its adoption: Implement a zero-based budgeting approach where all expenses must be justified for each new period, starting from a "zero base", with every function within the organization analyzed for its needs and costs.

6. Rationalize costs throughout the budgeting exercise.

7. Ensure Manual of Authority is continuously updated.

8. Prepare business and financials plans and other decision models as required by the CFO.

1. Oversee and manage all the airline's fleet lease and sale agreements and evaluate the financial implication of the fleet-related contracts.

2. Facilitate the Fleet Contracts Management team's collaboration with fleet managers and operations teams.

3. Evaluate the financial implication of the fleet-related contracts.

4. Manage the relationships with aircraft lessors, OEMs and banks and maintaining a good working relationship with those external entities.

5. Follow up and ensure compliance relating to the fleet's contractual obligation and deadlines.

6. Support in solving any financial issues relating to the fleet contracts including liaising with involved parties.

7. Manage all fleet agreement documentation.

MINIMUM EDUCATION, QUALIFICATIONS & SKILLS

Education & Experience:

• 10-12+ years of financial experience with a minimum of 4 years' managerial experience.
• ACCA / CPA / ICMA / Equivalent International body professional certificate (mandatory).

Special Skills & Knowledge:

• Strong financial acumen and familiarity with aviation finance practices.
• Proven knowledge leading financial strategy development and execution.
• Experience in zero-based budgeting.
• Demonstrated outstanding organizational and leadership abilities.
• Deep business knowledge, strategic thinking and ability to derive financial insights for decision making.
• Experience driving large financial transformations with proven track record of driving financial success.
• Proven track record collaborating with cross-functional teams and stakeholders to achieve financial objectives.
• Dynamic leader able to manage a multi-cultural team, with a commanding presence and excellent communication skills.
• Self-starter, entrepreneurial mindset with experience in implementing disruptive and innovative business models, products/services/tools.
• Ability to work in a fast-paced environment / transformational setting.
• Ability to work with key stakeholders and external partners through teamwork in a non-hierarchical relationship framework.
• Organized and efficient and a strong problem solver and decision-maker.
• Proficiency in English (must) and Arabic (preferred).

• Seniority levelMid-Senior level

• Employment typeFull-time

• Job functionFinance and Strategy/Planning
• IndustriesAirlines and Aviation

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