Job Title:  Officer - Financial Planning & Analysis

Job Description

The Finance & Planning Analyst serves as a strategic partner to the Operations Division, providing financial expertise and analytical support to drive cost efficiency, accurate budgeting and streamlined financial processes. The Finance & Planning Analyst’s primary role is to act as a key liaison between all Operations departments (Flight Operations, Engineering, Cabin Services, Ground Services, OCC and Guest Experience & Customer Relations) and Finance by translating operational requirements into financial insights and ensuring alignment with corporate financial objectives. 

Job Summary

Job accountabilities include:

1. Financial Analysis & Cost Management
   • Conduct detailed cost analyses to identify trends, variances and opportunities for optimization.
   • Review and analyze RC (Responsibility Center) and AC (Account Code) cost allocations to ensure accuracy and reliability of reports for decision-making.
   • Assess and quantify financial implications of operational issues and collaborate with departments to develop solutions.
2. Budgeting & Forecasting
   • Assist Operations departments in the preparation and review of budgets and reforecasts, ensuring all critical and material activities are accounted for prior to submission.
   • Support the development and monitoring of budgets and forecasts for Operations departments, ensuring alignment with corporate objectives.
   • Monitor and discuss monthly variances with SVPs, VPs and Managers of Operations departments, providing variance justifications and recommendations for corrective actions on finance related matters. 
3. Reporting & Performance monitoring
   • Prepare and distribute monthly financial reports to Operations departments to monitor actual financials against set targets.
   • Submit statistical cost and operational data to support benchmarking and assessment of key performance indicators for effective cost management.
4. Business Partner & Communication
   • Act as a liaison between Operations and Finance teams to facilitate effective communication, resolve discrepancies and ensure compliance with financial policies.
   • Collaborate with Operations SVPs, VPs and Managers to communicate financial performance, resolve finance-related issues and provide insights that support informed decision-making.
   • Provide financial analysis and evaluation to support business case proposals and strategic initiatives.
5. Financial Modelling & Decision Support
   • Assist Operations departments in developing complex financial models and performing ad-hoc analyses to deliver actionable recommendations for strategic and operational decisions.
   • Analyze business initiatives and their alignment with corporate financial strategy to drive growth, maximize shareholder value and optimize costs.
6. Process Improvement
   • Review current business processes and recommend improvements to enhance efficiency, accuracy, and timeliness of financial reporting.
   • Support initiatives aimed at streamlining financial processes and implementing best practices within Operations division.
7. Team Collaboration
   • Engage with team to foster collaboration and alignment, ensuring collective efforts contribute toward achieving the company’s financial objectives.
   • Carry out tasks and assignments as directed by Senior Manager Finance Operations.

Education

Bachelor’s Degree in Accounting, Finance, Business or related fields. Professional certifications such as ACCA, CPA or CIMA are an advantage

Training

• Presentation skills
• Communication skills
• Time management skills