Role Objective

The Financial Modelling Manager at Oman Air is responsible for analysing financial data, building complex models, and providing insights to drive strategic decision-making. The job holder is also responsible for optimizing financial performance, forecasting, and risk management within Oman Air.

Duties and Responsibilities

Area of responsibility

1. Develop and maintain advanced financial models to support strategic decision-making, including revenue forecasting, cost analysis, profitability assessment, and cash flow projections

2. Utilize sophisticated data analysis techniques to extract insights from large datasets, identify trends, and present findings through visualizations and reports to facilitate decision-making

3. Conduct scenario planning exercises and sensitivity analyses to assess the impact of macroeconomic trends, industry dynamics, and operational changes on financial performance

4. Evaluate the resilience of business strategies under different scenarios and recommend adjustments as needed

5. Assist in evaluating capital investment opportunities, such as new projects and expansions

6. Develop comprehensive investment models to assess financial feasibility, potential returns, and risk factors

7. Identify opportunities to reduce costs, improve efficiency, and streamline processes across various functions

8. Conduct cost-benefit analyses to evaluate the financial impact of proposed initiatives and support decision-making

9. Prepare and refresh periodic business plans, variance analyses, and key performance indicators to assess operational performance and financial health. Ensure compliance with regulatory requirements and accounting standards

10. Identify, assess, and mitigate financial risks associated with business operations, such as market volatility, credit risk, and operational disruptions

11. Develop risk mitigation strategies and contingency plans to safeguard financial stability

12. Refine forecasting methodologies, model assumptions, and data inputs to enhance the accuracy and reliability of financial forecasts

13. Stay updated on emerging trends in quantitative analysis and predictive modeling techniques

14. Act as a subject matter expert on financial modeling and provide guidance to colleagues

Education & Experience

➢ Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or related field. Advanced degree (e.g., MBA, CFA) preferred

➢ 8+ years of financial experience with a minimum of 2 years of experience in a management role, ideally in the aviation industry (not mandatory)

Ideal Experience:

➢ Advanced proficiency in Microsoft Excel, with experience in VBA programming preferred.

➢ Familiarity with financial software and databases (e.g., Bloomberg, SAP, Oracle)

➢ Excellent attention to detail, organizational skills, and ability to meet tight deadlines

➢ Strong ethical conduct with dedication to maintaining ethical standards across all corporate matters and adhering to the aviation industry laws and Code of Conduct

➢ Demonstrated outstanding organizational and leadership abilities

Special Skills & Knowledge

➢ Self-starter, entrepreneurial mindset with experience in implementing disruptive and innovative business models.

➢ Strong teamwork and collaboration skills, with the ability to work effectively in a crossfunctional environment.

➢ Knowledge of airline industry dynamics, market trends, and regulatory frameworks is a plus.

➢ Excellent written and verbal communication skills

➢ Proficiency in English (must) and Arabic (preferred)