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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationDammam
About the Role:
Join GCC Olayan as a Financial Planning & Reporting Analyst, where you will play a crucial role in leading our financial planning, analysis, and control activities. Your work will support strategic decision-making, drive business performance, safeguard company assets, and ensure precise, compliant financial reporting, all while driving sustainable growth.

Key Responsibilities:
  • Financial Planning, Budget & Forecasting: Develop long-term financial plans, budgets, and forecasts aligned with business strategy. Monitor financial performance and provide variance insights to management. Evaluate revenue, margin, and cost structures for profitability achievement.
  • Advising Business Growth & Support: Identify opportunities for margin, cost, and efficiency improvements. Provide timely financial analysis to senior management. Support cost-control programs and validate capex proposals.
  • Revenue, Credit & Receivable Management: Oversee revenue integrity and monitor working capital risks. Ensure accurate revenue recognition and manage receivable performance.
  • Month End & Year End Closing: Ensure accurate financial closing and reporting cycles. Respond to stakeholder queries related to financial reporting.
  • Compliance and Control Management: Maintain effective internal controls and ensure process compliance. Support audit processes and oversee financial reconciliations.

Education & Certifications:
To qualify, you should have a Bachelor's in Finance or Accounting. Additional certifications such as ACA, CIMA, or ACCA are a plus.

Experience Required:
We are looking for candidates with 8 to 9 years of experience in financial planning and reporting.

Requirements

  • Requires 2-5 Years experience

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About the Role:
As a Financial Manager at Air Arabia, you will be responsible for managing, monitoring, and controlling the company’s financial accounts and records. This role ensures that all costs, expenditures, and revenues align with Air Arabia's policies, procedures, and approved accounting standards.

Key Responsibilities:
  • Manage and monitor the company’s accounts including general and subsidiary ledgers, ensuring all entries are timely and accurately recorded.
  • Support management in decision-making related to cash-flow distribution and forecasting.
  • Oversee and manage cash and bank accounts, ensuring receivables, payables, and reconciliations are executed timely.
  • Analyze market movements and exchange rates to efficiently manage foreign currency transactions.
  • Prepare financial reports and assist in audits to ensure compliance and corrective measures as necessary.
  • Monitor revenue from various sources ensuring accurate processing and recording.

Qualifications:
- Bachelor’s degree in accounting, finance, or commerce; CA or CPA preferred.
- 7+ years of experience in corporate finance/accounting, particularly in the airline industry.
- Strong proficiency in financial control and accounting fundamentals.
- Fluent in Arabic and English with very good communication skills.

Company Overview:
Welcome to Air Arabia Group, the leading low-cost carrier in the Middle East and North Africa. Our commitment to providing affordable and reliable air travel has made us a preferred choice for millions of passengers. With a dedicated team of over 5,000 professionals, we strive to serve our local and international communities responsibly.

breifcase2-5 years

locationDammam

12 days ago