Finance Manager
Qatar Airways
Total des années d'expérience :27 years, 2 Mois
Responsible for financial accounting of Qatar Airways’ 2 subsidiaries Qatar Airways Holidays and Discover Qatar.
• Administering all finance functions of 9 stations including managing, controlling, authorising and implementing corporate finance decisions for operations, revenue (both passenger & cargo), receivable, payable, banking and local regulations
• Managing Stations Finance Cells to meet target dates for MIS reports by proper division of work and optimum utilization of all the factors of production, especially the manpower
Based in Tehran, responsible for all Finance functions of 4 stations (Tehran, Mashad, Shiraz & Isfahan) including but not limited to managing, controlling, authorising and implementing corporate finance decisions for operations, revenue (both passenger & Cargo), receivable, payable, banking and local regulations.
Job description includes but not limited to following activities:
Manage Stations Finance Cells to meet the target dates for MIS by proper division of work and optimum utilization of all the factors of production, especially the manpower
Ensure all policies are adhered to and financial transactions are timely accounted in line with Qatar Airways Internal Accounting Procedures and Finance Policies
Monthly review of accounts to analyze expenses and revenue to reflect fair financial records at the stations
Responsible for preparation/compilation of country’s annual expenditure budgets within the agreed deadlines to facilitate presentation to management for approval. Provide direct support to commercial team in annual revenue budget preparation.
Review of monthly actual expenses against budgets and ensuring that respective department expenditure remain within the approved budget and valid justification are sought from respective departments for any deviation from the budget for all stations of the country from all departments
Ensure and implement adequate controls to safeguard company assets
Review of Debtor accounts for timely collection of sales amounts and ensure no long outstanding recoveries
Review of creditors for timely payment as per contractual terms to avoid any penalties and any disruption to operations
Ensure smooth transition of external and internal audit by addressing the requirements outlined by auditors
Providing business support to all commercial, cargo & operations departments in all aspects
Review tax exposure of company to avoid any violations and seek advice of appointed consultants as and when required
Ensure country finance cell evaluated as per KPIs issued in a timely and effective manner to develop their competence and capabilities.
Total 10 finance staff directly reporting: 3 x Fin Officers; 3 Fin Supervisors and 4 x Fin Assistants
Total No. of Debtors 275+; Total No. of creditors 50+
Staff count of country = 90+
• Reviewed direct operating cost and major overheads to ensure monthly accounts were closed following accrual basis
• Undertook test check at HO and station visit for internal control over financial transactions to ensure all documents were processed/verified in line with Qatar Airways Finance Policies and IAPs
• Reviewed:
o Customer aging to ensure receivable are collected timely and followed up for outstanding
o Supplier aging to ensure timely payments are done for all invoices
o Cost Center Reports and taking corrective actions for the anomalies noticed
• Addressed all outstation expenditure related issues entailing verifying, coding & posting of invoices into the system and prepared cost analysis before processing the payment until Oracle rolled over to stations
Worked in the capacity of Site Accountant based at Dukhan, Qatar and remained responsible for the following:
Preparing Monthly Invoices for the Principal clients; Qatar Petroleum, Ras Gas and QAFCO.
Processing of payments for all Subcontractors and Suppliers.
Preparing monthly budget of all the ongoing projects based on the Work in Progress.
Preparing Monthly Invoices for manpower supply to offshore and other places for Qatar Petroleum, RAS GAS & QAFCO.
Monitoring the Hire-Out and Hire-In of Manpower, Plant & Equipment.
Preparing payroll of workers and staff.
Handling Petty Cash.
As a Project Support Specialist indulged in the following activities:
Preparing Monthly Invoices for the clients mainly for Saudi Aramco for the all on-going projects.
Responsible for preparation of payroll and distribution of salaries.
Assisting Project Manager in all aspects of the administration of the Project.
Preparing Project Bar Charts, S-Curves, Manpower Distribution Graphs, feeding Project Progress Report using Saudi Aramco supplied Project-Monitoring Software for the purpose of submitting invoices.