Finance Officer

4 weeks ago


Mumbai Maharashtra, India Cathay Pacific Full time

FIN - Financial Services
- Mumbai, India
- Cathay Pacific
- Application Deadline
10 May 2024

Company Description

Let your passion fly We’re proud to be one of the world’s leading airlines. Our reputation is built on a long track record of success, an ongoing commitment to our home Hong Kong, and on the delivery of customer service that’s straight from the heart. All of this is possible due to our talented people who share our passion for aviation and our commitment to being the best. Our global family can open up a world of opportunities for you. This means that your first role at Cathay Pacific won’t be your last. It could take you anywhere.

Join us and discover just how far you can go

Role Introduction

To support the Finance Manager and local business units to ensure robust control and compliance of financial operations in addition to conducting accounting and finance activities in line with established company policy and local regulatory requirements.

Key Responsibilities

**Compliance - Legal, Taxation, Regulatory Reporting**
- Fully comply with all applicable laws and regulations, including maintenance of necessary accounting records as per local requirements
- Prepare declarations and deposits of accounts to banks, Chamber of Commerce and other local bodies as required
- Prepare Value Added Tax, withholding tax, noise, airport and other tax declarations and payments in accordance with local legislation

**Control and Risk Assessment**
- Ensure the company’s principle accounting policies are followed, such as the Finance Manual (Head Office), Outport Accounting and Internal Control Manual (overseas countries) and Credit Control Policy and Guidelines
- Ensure proper authorisation of contracts and expenditures
- Support regular audits (at least annually) on finance processes to identify any breaches of, or risks to, company policies

**Management and Financial Reporting**
- Ensure timely and accurate recordings of revenue, expenses and balance sheet items in the general ledger
- Compile monthly and annual accounting schedules, bank reconciliations and other account reconciliations
- Ensure preparation of cash flow forecast summarising cash movements within the port

**Cost Control**
- Assist in preparation of submissions for overhead and route costs budgets and forecasts
- Review actual spend compared to budget and encourage cost savings where appropriate
- Prepare monthly analysis for the Finance Manager/Supervisor as required

**Credit Control**
- Ensure compliance with established credit policy for appointing new agents and work with the sales teams to evaluate potential new agents in line with this policy
- Assist Sales and Finance Managers to obtain necessary security from agents

**Banking and Treasury**
- Assist the Finance Manager/Supervisor to oversee the cash management process, including petty cash across local offices and replenishment of funds
- Ensure banking records are kept up-to-date and appropriate bank account reconciliations are performed

**Administration and Supplier Management**
- Ensure vendor details and delegation of authority list is up-to-date in SAP at all times
- Ensure rates in SAP Flight-to-Settle module are correct and inform Head Office Purchasing department of required changes as necessary

**Requirements**:
**Academic Qualifications**
- Sound accounting knowledge is required
- A degree in Accounting or a related discipline is an advantage

**Knowledge, Skills, Training and Experience**
- Experience in the airline industry is an advantage
- Experience in SAP is an advantage
- Sound understanding of local country’s business practices
- A good team player with strong interpersonal skills and can interact with all levels within the organisation and region
- Demonstrable experience in improving current work practices and implementing new ideas
- Strong planning, problem-solving and organisational skills and is able to prioritise and manage multiple tasks and deadlines
- Strong understanding of Cathay Pacific policies and procedures
- Solid written, oral communication, negotiation and presentation skills
- Adapts to and embraces constant change

**Benefits**:
Personal & Application Information

All related information will be kept in our file for up to 24 months. A copy of our Personal Information Collection Statement will be provided upon request by contacting our Data Protection Officer.


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