Cathay Pacific Dubai Jobs 2022 Apply For Finance Manager – Middle East Jobs in Dubai United Arab Emirates

FIN – Financial Services
Dubai, UAE
Cathay Pacific
Application Deadline
02 Dec 2022

Company Description

Let your passion fly! We’re proud to be one of the world’s leading airlines. Our reputation is built on a long track record of success, an ongoing commitment to our home in Hong Kong, and on the delivery of customer service that’s straight from the heart. All of this is possible due to our talented people who share our passion for aviation and our commitment to being the best. Our global family can open up a world of opportunities for you. This means that your first role at Cathay Pacific won’t be your last. It could take you anywhere.

Join us and discover just how far you can go!

Role Introduction

To support the Regional Head of Finance and local business units to ensure robust control and compliance of financial operations in the country in addition to conducting accounting and finance activities in line with established company policy.

To provide analysis and recommendations to the local port and department managers where required.

Key Responsibilities

Compliance – Legal, Taxation, Regulatory Reporting

Ensure accurate and timely filing of tax returns, audits, declarations, applications/renewals of all required licenses, and other financial-related matters to local authorities
Fully comply with all applicable laws and regulations, including maintenance of necessary accounting records as per local requirements including oversight of company/branch office registration
Control and Risk Assessment

Ensure the company’s principal accounting policies are followed, such as the Finance Manual (Head Office), Outport Accounting and Internal Control Manual (overseas countries), and Credit Control Policy and Guidelines
Ensure proper authorization of contracts and expenditures
Partner with the Country, Port, and Department Managers to ensure completion of the Control Self-Assessment for risk management
Perform regular audits (at least annually) on finance processes to identify any breaches of, or risks to, company policies and work with management to implement robust controls
Management and Financial Reporting

Ensure timely and accurate recordings of revenue, expenses, and balance sheet items in the general ledger
Ensure compilation of monthly and annual accounting schedules, bank reconciliations, and other account reconciliations
Ensure preparation of cash flow forecast summarising cash movements within the port and regularly remit any surplus funds to Head Office
Cost Control

Partner with country management and the Regional Finance Office to prepare budgets, forecasts, and ad hoc financial analysis
Critically review actual spending as compared to budget and work with stakeholders to identify cost-saving opportunities
Ensure preparation of monthly analysis for country management and Regional Finance Office on cost variances
Implement cost-saving initiatives wherever appropriate
Credit Control

Establish, maintain and comply with the company credit policy for appointing new agents and partner with the sales teams to evaluate potential new agents in line with policy
Ensure that necessary security from agents is obtained and maintained
Review any bad debts proposed by the cargo and sales teams to ensure appropriate justification and ensure the write-offs are authorized by an applicable signing authority
Banking and Treasury

Oversee the cash management process, including cash and petty cash monitoring, fund transfers to the Head Office, and the minimization of idled cash
Ensure the authorized signatory lists for local bank accounts are up-to-date
Develop and maintain external banking relationships, including online banking security access for local bank accounts
Manage local corporate credit card programs as necessary
Payroll

Ensure payroll payments are approved and released in a timely manner
Liaise with the People Department and country management to establish robust controls and approval processes governing payroll
Partner with the People Department to ensure that salaries and employee benefits are paid in accordance with local regulations and company policies
Review payroll calculations to ensure they are consistent with and reconcile with current employment records
Business Support and Process Improvement

Prepare business cases to be submitted to the Regional or Head Office when required and ensure proper corporate governance and monitoring of costs for major business projects
Continually review and feedback to country management and the Regional Finance Office on opportunities for process improvement and working efficiency

Requirements

Academic Qualifications

Degree in Accounting or related discipline with sound accounting knowledge
Post-graduate accounting qualification in Accounting (e.g. Chartered Accountant, Certified Practicing Accountant, Chartered Management Accountant, etc.) or related discipline
Knowledge, Skills, Training, and Experience

A minimum of four years of experience in Finance/Accounting is essential
Experience in the airline industry is an advantage
Experience in SAP is an advantage
Minimum of two years experience in leading a high-performing team
Sound understanding of the local country’s business practices
A good team player with strong interpersonal skills and can interact with all levels within the organization and region
Demonstrable experience in improving current work practices and implementing new ideas
Strong planning, problem-solving and organizational skills and can prioritize and manage multiple tasks and deadlines
Strong understanding of Cathay Pacific policies and procedures
Superior written, and oral communication, negotiation, and presentation skills
Demonstrates cultural sensitivity and diplomacy
Leads adapts and embrace constant change
Benefits

https://careers.cathaypacific.com/who-we-are/why-work-here

Personal & Application Information

Cathay Pacific is an Equal Opportunities Employer. Personal data provided by job applicants will be used strictly in accordance with our personal data policy and for recruitment purposes only. Candidates not notified within eight weeks may consider their application unsuccessful.

All related information will be kept in our file for up to 24 months. A copy of our Personal Information Collection Statement will be provided upon request by contacting our Data Protection Officer