Senior Finance Specialist will be supporting dnata Cargo pillar and will be providing dedicated financial services to the department through ensuring that all income and expenses are effectively managed and controlled through the provision of accurate financial information and the analysis and tracking of cost and expenditure. Enhancing performance monitoring through production of standard business performance reports identifying the key issues, KPIs for exception reporting to the management and provide subject specific reports that enable more granular understanding of the key drivers that impact cost and revenue. Providing financial decision analysis recommendations to the business.

Responsibilities of Senior Finance Specialist

• Provide front line advice to complete the annual budget submission to Cost Centre holders for timely completion of budget consolidation at a division level, Demonstrating productivity improvements year on year.
• Provide back up evidence to BFMs/FMs with detailed analysis, in order to appropriately challenge budget assumptions.
• Ensure that the budget focuses on KPIs for each part of the business and is the long term plan.
• Collate information on a monthly basis of cash inflows and cash outflows that is incorporated into the model develop to report business specific cash-flow forecasts on a rolling basis.
• Perform analysis to reconcile deviations highlighting reasons for changes.
• Changes to cash flow model for new developments and periods are incorporated at the appropriate time when cash commitments are approved and known.
• Provide continuous hands-on guidance to business managers in terms of financial awareness by educating on financial systems.
• Procedures that govern best practices, specific to business domain cost and revenue drivers, building business cases with financial terminologies.
• Produce requisite reports at regular specified intervals and focus on diagnosis to provide  alternative solutions for achieving change.
• Generate and analyze periodic re-forecasts at the department (cost center and profit center) level and corporate level that will include the impact of any post budget development, not originally planned e.g. unbudgeted routes, aircraft acquisitions, delayed recruitment etc. in order to highlight the reasons for deviations.
• Provide financial information to the business managers to initiate work flow processes such as RFPs, P2P, ITSRs, MREs.
• Recommending for approval in line with pre-approved authority limits.
• Provide guidance to business managers in new business initiatives to secure financially acceptable solutions, highlighting issues where new ventures and initiatives impact existing finance processes, procedures and policies.

What you will do more

• Perform financial accounting activities (applicable in EK Engineering, Skywards, Service Delivery and Corporate Communications).
• Ensure adequate validation of invoices, accrual generation & reconciliations with appropriate analysis in order to justify accounting activities.
• Assist the business in establishing end to end financial accounting procedures consequent to new initiatives or new information.
• Provide data capture for new analysis needs using appropriate changes to chart of accounts.
• Provide detailed analysis of new projects to be cover in the project register enabling effective communication within Finance and in turn ensuring the business gets the best overall finance delivery.
• Research & maintain updated relevant benchmarking statistics on key performance indicators of the business, competitors & industry.
• Provide analysis for opportunities to enhance revenue, reduce costs and optimize resources.
• Liaise with cross departmental functions to ensure accuracy and transparency in reporting the business performance.
• Living up to the theme of ‘safety is everyone’s responsibility’
• In consultation with BFM/FM work towards development and coaching of staff and promoting financial awareness across the business stakeholders.

Requirements for Role of Senior Finance Specialist

• Degree or Honours (12+3 or equivalent) OR A qualified accountant.
• 8+ Years experience in Finance & Insurance/Finance Management.
• 3 years experience in Finance/Management Accounting in a large organization is necessary.

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