Manager Business Finance at Qatar Airways

Doha, , Qatar -

Full Time

Start Date

Immediate

Expiry Date

29 Jul, 26

Salary

0.0

Posted On

30 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Planning, Strategic Planning, Budgeting, Forecasting, Cost Control, Variance Analysis, Financial Modeling, Risk Management, Data Analysis, Business Partnering, Oracle Financials, KPI Reporting, Accounting Policies, Team Management, Mentoring, Profitability Analysis

Industry

Airlines and Aviation

Description

About the Role As Manager Business Finance, this role is responsible for the preparation of financial and strategic information, monitoring variance against the budget, evaluating opportunities/risks, and implementation of cost control. Supporting the middle management business with financial business cases, dashboards and analyses. Focus on value-added, meaningful, and insightful reporting and analyses for Senior Management in Finance and middle management Business. Organize and manage requests from Senior Management Finance, set priorities and manage daily work of team members. Ensuring compliancy with QR accounting policies and procedures. Your duties would include: Develop, monitor and review, Internal Accounting Policies and Standard Operating Procedures for each area of operation within the business unit, in line with business needs, with focus on process improvement and internal control. Facilitate risk management process and mitigation activity through appropriate trend analysis and impact modelling on company business operations, initiatives, projects, strategic goals and objectives. Establish and enforce proper accounting methods for financial accounting and oversee month end / year end closing activities. Develop advanced financial models and conduct analysis using a broad range of quantitative tools and techniques (trend analyses on past financial and operational performance, root cause analyses, analysis of profitability drivers, scenario modelling for future options, unit-cost benchmarking). Responsible to participate in the annual strategic planning process - this may encompass industry and market trends and analysis, SWOT analysis, scenario analysis and planning, budgeting and forecasting, strawman development and sensitivity analysis. Develops business partner relationship functionality with leaders of assigned area of responsibility. Introduce a way of thinking culture that causes people with the authority to recommend feasible projects to firstly consider the value, risk and relative priority as a fundamental element of submitting the project proposal. Prepare, analyse, enhance and present on monthly basis KPI performance to budget holders, analyzing revenue / expenditure variance ensuring that actual income and expenditure remains in line with plan, and analysis are submitted on a timely manner for both the user department and Finance Department. Prepare, analyse and present on quarterly basis rolling forecast to business and financial stakeholders. Analyse actuals, forecasts, and budgets and prepare analyses for senior management of Cargo and corporate performance against benchmarks. Review commercial contracts and business proposals, to be in line with policies and procedures. Accountable to present an objective view of the financial situation and provide sound recommendation for the allocation of resources in the most efficient way to achieve business objective. Delivering on-going financial analysis and insight driven guidance through a continuous review, analysis, cost reduction initiatives and targets. Lead, direct and manage the preparation, execution and analysis of the budgeting process on a timely manner and in accordance with the CFO directives on cost efficiencies for Direct Operational Costs, Manpower and Overheads and challenging budget holders to ensure optimum utilization of resource. Enhance the presentation and analysis submitted to Cost Management Committee (CMC) and conduct post CMC analysis for major capital projects and spends. Conduct in-depth analysis on a variety of complex strategic and business projects/issue, extracting and analysing data, presenting the findings and making recommendations directly to the business. Responsible for monitoring expenditure variances on ongoing basis and ensuring the actual expenditure in line with planned/budget. Lead investigation when variances are significant taking necessary control action. Prepare / Review financial forecasts and address the risks and opportunities coming from the forecast. Control over Inventory process and ensure that stock levels are within the acceptable order and reorder quantities. Be part of an extraordinary story Your skills. Your imagination. Your ambition. Here, there are no boundaries to your potential and the impact you can make. You’ll find infinite opportunities to grow and work on the biggest, most rewarding challenges that will build your skills and experience. You have the chance to be a part of our future, and build the life you want while being part of an international community. Our best is here and still to come. To us, impossible is only a challenge. Join us as we dare to achieve what’s never been done before. Together, everything is possible. The ideal candidate should possess the following: Bachelor’s Degree or Equivalent with Minimum 8 years of job-related experience At least 5 years in management role. Passenger airline experience with good knowledge of operational costs and cost unit measurement. Experience working to tight internal reporting timescales and managing responsibilities/work interruptions, while meeting deadlines. Must have the ability to analyse, interpret data and present effectively. Good knowledge of internal finance system. Knowledge of cost center accounting, preparing budgets and forecasts. Strong analytical skills with the ability to review variances, understand business cycle and their impact on the profit and loss account. Must have excellent computer skills, including Microsoft Excel, Word, MS Access and Power Point and have proficiency with Oracle Financials. Managerial skills - Ability to delegate work, set clear direction and manage workflow. Strong mentoring and coaching skills. Ability to train and develop subordinate's skills. Ability to foster teamwork among team members About Qatar Airways Group: Our story started with four aircraft. Today, we deliver excellence across 12 different businesses coming together as one. We’ve grown fast, broken records and set trends that others follow. We don’t slow down by the fear of failure. Instead, we dare to achieve what’s never been done before. So, whether you’re creating a unique experience for our customers or innovating behind the scenes, every person contributes to our proud story. A story of spectacular growth and determination. Now is the time to bring your best ideas and passion to a place where your ambition will know no boundaries, and be part of a truly global community. How to Apply If you are interested to submit your application and feel you are a good fit for this role, please complete our application form and upload your CV for our review and consideration.

Responsibilities

The Manager Business Finance is responsible for strategic financial planning, budgeting, and providing insightful analysis to support senior management decision-making. This role also involves overseeing cost control initiatives, managing financial reporting processes, and ensuring compliance with accounting policies.