Responsible for all Finance functions at the Emirates station. These functions include controlling, managing, authorising, evaluating and implementing Corporate Finance decisons in areas covering Revenue, Receivable, Payable, Cash/Banking, Payroll, General Ledger and Taxation including other local regulations.
Job Outline:
Partner with the business to help shape the business strategy, define priorities, prepare and review business cases, review contracts and review relevant operational and financial performance. This includes improving financial awareness in the station to drive financially sound business management and decision-making.
Partner with cost centre holders to prepare, review, analyse and submit realistic annual budgets. Review and analyse cost centre financial performance against budget ensuring relevant costs and operational metrics are appropriately controlled and managed. Provide recommendations and feedback to the respective country management and HO by analyzing costs and productivity factors so that country costs are within budget and productivity is enhanced.
- Implement adequate controls to safeguards company assets at the outstation. Controls include verification, insurance, custodianship, proper utilisation and maintenance.
- Manage the liquid asset receivable function so that the revenues generated by the outstation is fully secured. This includes credit-vetting, adequate bank guarantees, collecting all dues on their due dates including under collection invoices, managing risk by controlling revenue stock, maintaining targeted days-of-collection, balance confirmation from debtors and profitable pruning of risky accounts.
- Manage cash and liquid assets as per Corporate Treasury Policy.
- Manage the payable function so that all supplier dues are fully justified and authorised. This includes maximising price advantage, utilisation of credit period and supplier relations. Verify and vouch all expenses incurred by the GSA on behalf of Emirates prior to the inclusion of such expense in the GSA of account.
- Effect employee payments (e.g. reimbursements), local taxes and implement all other finance related local rules so that Emirates abides by all the relevant local laws.
- Monitor station revenues and provide necessary feedback to the Country Manager and H.O. so that traiff requirements are fully observed and revenues are secured.
- Ensure that all expenditure of the station is dully justified for the business and authorised as per the Authorities Manual of the Company.
