Financial Planner

JOB PURPOSE

To support Oman Air assigned departments to develop accurate financial planning and budgets and monitor spending, while finding effective ways to optimize/minimize spending.

KEY ACCOUNTABILITIES & RESPONSIBILITIES

1. Conduct comprehensive financial analysis, including budgeting, planning and forecasting, to support strategic decision-making and improve financial performance.
2. Support the annual financial budgeting/business plan process in collaboration with assigned departments to understand their budgeting needs and ensure accuracy in the forecasting.
3. Conduct benchmarking and market analysis to ensure the assigned department's budget and business plan is in line with best practices.
4. Assess the budget and business plan to identify cost-saving opportunities and provide recommendations on how to optimize costs.
5. Support in developing the annual, quarterly, and monthly projections.
6. Monitor and report on root profitability on a monthly basis.
7. Monitor key financial metrics and operational KPIs, identifying areas of improvement and opportunities for cost reduction or revenue enhancement.
8. Work closely with assigned departments to address their financial needs and issues, e.g., budget transfers, new business cases, etc.
9. Perform additional tasks and responsibilities as assigned and instructed by the line manager.

MINIMUM QUALIFICATIONS & EXPERIENCE

1. Bachelor's degree in finance, Accounting or similar discipline with a minimum of 2 years of relevant experience in a similar role.
2. Or Diploma Holders with 4 years of relevant experience in a similar role in an airline provided the individual holds a specialised certificate/license in the relevant discipline (applies to internal candidates only).

SKILLS & COMPETENCIES

1. A proactive, forward-looking character with a strong sense of ownership.
2. Deep business knowledge, strategic thinking and ability to derive financial insights for decision making.
3. Proven track record collaborating with cross-functional teams and stakeholders to achieve financial objectives.
4. Dynamic leader able to manage a multi-cultural team, with a commanding presence and excellent communication skills.
5. Ability to work in a fast-paced environment/transformational setting.
6. Ability to work with key stakeholders and external partners through teamwork.
7. Organized and efficient, a strong problem solver and decision-maker, and attention to detail.
8. Proficiency in English (must) and Arabic (preferred).