Dubai Jobs: Business Finance Manager, dnata Travel vacancy
dnata Travel is looking for Business Finance Manager, dnata Travel – 220002FG.
If you are interested in applying for this position, please read the details and you will find the Application link below.
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Job Details:
Company: dnata Travel Group
Location: Dubai, United Arab Emirates
Category: Business Finance Manager
Closing date of application: Nov 14, 2022
About the role:
The Business Finance Manager will be responsible for delivering business insight based on financial performance and being a key part of decision making. This role will provide financial analysis of strategic and tactical initiatives on a proactive basis in order to facilitate decisions that directly impact the profitability of that area. The support they provide assists the business in setting strategies and provides an effective business partnering support to assist with implementing projects.
Specific to Financial Planning & Analysis
The Business Finance Manager will provide competitive advantage using the opportunity to un-cover profit improvements through increased sales, cost reduction, cost avoidance and by channelling a range of service delivery options and process improvements. They will create incremental value both at a Corporate level and within a large division of an Organisation both directly and indirectly by performing an advisory role on all financial matters, support business in setting strategies and partnering with them to implement programmes/projects. providing planning, forecasting, financial modelling and analysis of strategic and tactical initiatives on a proactive basis in order to facilitate the decision making process.
Key accountabilities of the job:
- Develop a long term financial plan based on key drivers of the line department and their respective business plan that targets organic and in-organic growth to top line, bottom line These are regularly updated, and kept current for implementation during annual planning and budget process.
- Develop business domain cash flows, test for its completeness, challenge the need for large capex by review of alternatives and then influencing prioritisation of cash spends on projects based on overall group cash flow availability. This information feeds into Group monthly 3 year rolling cash flow forecast exercise that generates discussion on own and loan funding needs at Group level.
- Drive relevant Business Performance Control mechanisms including the setup of KPIs, which are agreed with the business based on an established framework, modifying appropriately according to the specific challenges of the area. Agree 3 year rolling targets with the divisional heads and benchmarking against industry best practices and trends to influence decision-makers to continually improve financial performance and productivity.
- Provide high level advice and consultancy to the business in its detailed annual planning and budget process, aligning this to the rolling three year targets whilst ensuring that cost is optimised and revenue earning opportunities enhanced. Ensure that the annual budget is implemented in every area of responsibility in line with corporate timelines and to highest quality.
- Initiate sustainable profit improvement projects in agreement with the businesses and project manage these initiatives to ensure cost reduction, cost avoidance and income enhancements as appropriate resulting in driving continuous changes to the processes and practices.
- Develop and maintain a structured Corporate Governance system and commitment control processes to minimise financial exposure, by identifying risk factors and establishing a business control framework. Develop financial awareness within the business through continuous learning sessions imparted to the key decision makers and senior managers, enriching job knowledge and business expertise in the use of financial drivers, submission of business cases using discounted cash flow techniques.
- Perform complex decision analysis of various strategic initiatives, to influence the key stakeholders by challenging critical assumptions where appropriate through Vice President Business Finance/Vice President Mergers & Acquisitions, and sign up partnering the business in post decision implementation. As a member of the Quality Review Board for new IT capex projects, ensure the various proposals are tested for its completeness, quality, and consistency.
- Establish and deliver performance monitoring reports, with an escalation process, covering new proposals, approved projects during the implementation stage, follow up on key business decisions and their financial results, so as to ensure a proactive steer for continuous business improvement and optimisation of ROI.
- Establish and monitor processes to proactively facilitate evaluation, decision support, implementation and performance management of investments, joint ventures (including representing the company at Board Meetings and provide key inputs to the company nominated directors) and partnership proposals and projects initiated by the business. The job holder will work closely as a team member with the business, legal and cross functional support teams internally and with external stakeholders such as auditors, legal consultants, suppliers, customers, IATA forums and senior managers in the industry to meet this objective.
- Ensure that the performance and development of all employees managed by the jobholder are managed in a timely and effective manner which will develop their competence, style and influencing capabilities.
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Experience and Qualifications:
Experience:
- Finance & Finance Management: 10+ Years.
Qualifications:
- Degree or Honours (12+3 or equivalent).
Knowledge/Skills:
- Degree plus relevant professional qualification i.e. MBA or Qualified accountant.
- Experience in a similar capacity-leading a function within a Finance department at a management level in a large, multi-national organisation.
Leadership Role: YES
Salary & Benefits:
Join us in a management role and enjoy an attractive tax-free salary. On top of our generous travel benefits, including discounted flights and hotel stays around the world, this managerial role also has an excellent leave and healthcare package.
That’s on top of transport benefits, life insurance and more. Find out what it’s like to live and work in our fast-paced, cosmopolitan home city in the Dubai Lifestyle section of our website www.emirates.com/careersJoin us in Dubai and enjoy an attractive tax-free salary and travel benefits that are exclusive to our industry, including discounts on flights and hotels stays around the world.
You can find out more information about our employee benefits in the Working Here section of our website www.emirates.com/careers.
Further information on what’s it like to live and work in our cosmopolitan home city, can be found in the Dubai Lifestyle section.Join our growing team and enjoy a competitive remuneration package, discounts on flights and hotel stays.
How to apply:
If you are interested to submit your application and feel you are a good fit for this role, please complete our application form and upload your CV.
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