Role Objective
The Business Review and Control Manager is responsible for managing the business review and associated control within Oman Air. This role is key to ensure that the business decisions regarding expenditures and new opportunities are properly evaluated with respect to options, risk and strategic fit to Oman Air’s short and long term vision. The role will also involve identification of cost reduction control measures and evaluation of initiatives with respect to capex and opex projects.
Duties and Responsibilities
Area of responsibility
1. Develop and maintain up-to-date business and Business Review and Control procedures while ensuring adherence to international and local financial regulations and standards as well as internal policies and processes.
2. Identify opportunities to reduce costs and improve efficiency including adopting cost control measures.
3. Evaluate business proposal from financial and business perspective and facilitate business processes.
4. Participate in Strategic business review meetings as advised by CFO, coordinate on relevant inputs from departments and present alternatives to senior Management.
5. Simplify and review internal operational procedures for better internal control and flow of activities.
6. Facilitate submission of financial projections for long term plans of the company as advised.
7. Coordinate with Omani Authority for Partnership for Development (OAPFD) to ensure compliance with the regulations – “Offset Program”.
8. Review Decision papers and Operational contracts relating to Airline business, corporate functions and ASG business unit in accordance with Contract review Procedure and recommend financial and business implications and options prior to finalization and signature of contracts.
9. Participate in cost saving initiatives and business project evaluations across the divisions of Oman Air and ensure feasible solution are coordinated and implemented.
10. Evaluate system related improvements and enhancements of financial modules and system to optimise the business requirement.
11. Ensure costs and expenses are correctly captured in the books of accounts, Provisionals and Pre-paid transactions are properly reflected in the books of accounts to facilitate variance analysis.
12. Review internal audit reports of the finance section and ensure that corrective actions are taken and avoid recurrence of such issues, thereby enhancing process improvements.
13. Support the business partners and other managers in the reconciliations of balance sheet accounts in order to ensure that they are void of any discrepancies. If any discrepancies are found, ensure necessary actions are taken in coordination with the respective section personnel.
14. Manage the financial and business implications of contracts and prepare salient features covering financial and business implications of the contracts.
15. Review the present workflow and ensure adequate internal controls / checks are implemented.
16. Ensure database of statistical information such as flight handled, passenger information, meals catered, etc are correctly classified, updated and maintained at all times.
17. Recommend processes to enhance productivity with the support of the business partners and the automation and system manager..
Education & Experience
➢ 8+ years of experience with a minimum of 3 years’ experience in a managerial role with a focus on Business Review and Control s in aviation (strong plus).
➢ Bachelor’s degree in finance, accounting or related field and a professional accounting accreditation (eg CA, ACCA, CIMA, CPA, etc) is a must.
➢ Strong knowledge of accounting principles and regulations.
➢ 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.
➢ Strong organizational and time-management skills.
Special Skills & Knowledge
➢ Strong financial acumen and familiarity with aviation finance practices including business and Business Review and Control process within a complex organizations.
➢ Experience in financial compliance and auditing including knowledge of Business Review and Control procedures and the ability to maintain strong Business Review and Control measures and systems.
➢Knowledge addressing Business Review and Control s across transactions and processes.
➢Demonstrated organizational and leadership abilities.
➢Deep business knowledge, strategic thinking and ability to derive financial insights for decision making.
➢Experience aligning budget with strategic objectives including strategic thinking and financial planning skills.
➢Familiarity with reviewing and enhancing financial policies and procedures.
➢Strong financial analysis skills, including the experience identify cost-saving opportunities, options evaluations and provide financial insights.
➢Proven track record collaborating with cross-functional teams and stakeholders to achieve financial objectives.
➢Knowledge in building and leading high-performing Business Review and Control teams
➢Excellent analytical and problem-solving skills.
➢Dynamic leader able to manage a multi-cultural team, with a commanding presence and excellent communication skills.
➢Strong financial analysis skills, including cost analysis including proficiency in Business Review and Control s and data analysis tools.
➢Strong presentation skills including attention to detail and a high level of accuracy.
➢Self-starter, entrepreneurial mindset with experience in implementing disruptive and innovative business models.
➢Ability to work in a fast-paced environment / transformational setting.
➢Organized and efficient and a strong problem solver and decision-maker.
➢Proficiency in English (must) and Arabic (preferred).