Accountabilities:

Financial Planning & Analysis

• Assist SM in the process of in-year forecasting, budgeting and long-term planning activities, incl. defining calendar and activities/ owners to meet set deadlines and identifying key assumptions;
• Manage inputs from several internal stakeholders, incl. ensuring comprehensiveness of inputs collected and alignment of assumptions;
• Prepare forecasted Profit & Loss, Balance Sheet and Cash Flow Statements for the entities being forecasted;
• Liaise with Finance Business Partners and the rest of the Financial Planning & Strategy team, with Treasury, Financial Reporting and other finance and business functions to fully understand, and challenge, forecasts prepared;
• Prepare top-down forecasts and what if scenarios, based on deep knowledge of key value/ cost drivers for each of the areas being forecasted;
• Highlight risks and opportunities in business proposals, challenging assumptions, proposing revisions and suggestions alternatives and thus assisting leadership in the evaluation of impact of proposals on business overall;

Capex, fleet ownership and debt forecasting

• Prepare quarterly capex forecasts, in close coordination with Finance Business Partners, Fleet Planning, Treasury and Financial Reporting;
• Prepare fleet ownership forecasts as per IFRS16, together with Fleet Planning, Treasury and Financial Reporting, and suggest opportunities for efficient management of cost and of leverage;
• Prepare debt forecasts, together with Treasury and Financial reporting;
• Prepare all related communication materials, being it either to internal stakeholders (Strategy & Investment Committees or Board Meetings, for example) or external stakeholders (e.g., support in the preparation of materials for investors or to support discussion with rating agencies)
• Existing tools and processes: improve existing tools and processes for the management of the budgeting and forecasting processes, incl. playing an active role in the development of the new budgeting tool – Anaplan
• Ensure internal control and compliance with all Group policies and procedures and assist internal audit for ad-hoc requests on data sharing for owned processes
• Requires engaging with stakeholders across several areas and of different tenures, incl. Chiefs, VPs, Heads of Department, and Senior Managers. 

Education & Experience:



• Masters or a Bachelors Degree in Business/Finance or equivalent;
• Minimum of 5 years of work experience with at least 2 years in accounting, finance, budgeting and/or forecasting;
• Preferred experience in corporate finance roles; experience with airlines is a plus;
• Proficient in building and managing complex excel models (experience in other tools such as Anaplan is a plus);
• Ability to make recommendations based on data and analysis;
• Ability to apply governance, risk and compliance components, and to maintain confidentiality;
• Ability to build top-down but detailed and visually appealing decks;
• Advanced communication skills – English (verbal and writing); fluency in Arabic is an advantage