Financial Controller

2 weeks ago

Muscat, Muscat, Oman SalamAir Full time 40,000 - 120,000 per year

Company Description

SalamAir is Oman's first Low Cost Carrier, dedicated to making air travel more affordable and accessible for everyone. Our focus is on providing choice, flexibility, and great experiences through genuine Omani hospitality. We aim to offer low-cost and flexible options to keep a smile on everyone's face and create positive travel experiences for all.

Role Description

The role will be responsible for the Treasury, Tax, Accounts Payable/Receivable, and Financial Accounting functions. The ideal candidate must be well-versed in all aspects of financial systems, controls, and management ranging from accounting to broad investment and banking operations roles, and will be responsible for the Treasury, Tax, Accounts Payable/Receivable, and Financial Accounting functions. The ideal candidate must be well-versed in all aspects of financial systems, controls, and management ranging from accounting to broad investment and banking operations.

Duties & Responsibility

  • Ensure cash flow is appropriate for the operations
  • Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
  • Manage aircraft lessor payables/receivables such as leasing, maintenance reserves, and deposits.
  • Ensure compliance with the Delegation of the Authority manual of the airline
  • Develop and manage relationships with investors and financiers
  • Ensure compliance with tax laws and other regulatory financial requirements including internal/external audit
  • Ensuring that Salam Air complies with all tax regulations, corporate governance, and legislative requirements in relation to the finance department
  • Mitigates financial risk of fuel, hedging, and foreign exchange transactions
  • Review/draft of operational documents such as the format of bank guarantee, letter of credit, and other legal documents to facilitate compliance with the company's policies and check their adherence to the requesting party norms.
  • Coordinate with tax authorities (in-direct tax)/consultants for submission and refund of taxes at outstations.
  • Review of loans and bank guarantees, analysis of quotes from banks
  • Funds Management
  • Review of daily cash flow and monthly cash flow projections
  • GL Accounting and Reconciliation
  • Co-ordinate with out-station accountants or GSA for issues for outstation bank accounts

Qualifications

  • Graduate in Accounting, Finance or Business or equivalent
  • CPA/ACCA/ACA is an asset
  • Minimum of 7 years of experience in Financial Accounting, Accounts Payable, Tax, and Treasury, preferably airline experience.
  • In-depth knowledge of corporate financial procedures, law, and risk management practices, excellent knowledge of data analysis and forecasting methods
  • Excellent Communication skills
  • Good Analytical Skills
  • Management skills
  • Analytical approach and problem-solving
  • Excellent Interpersonal skills
  • Proficient in Microsoft Office and ERP

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