Executive Finance South Asia
3 days ago
**Position Title**: Executive Finance South Asia - DAC, CMB, KTM, MLE **Report To**: Regional Finance Manager DEL **Position Summary**: The sole Executive Finance for stations DAC, CMB, KTM, and MLE is responsible for overseeing a broad range of finance and administrative functions. This role requires strong capabilities in accounting, budgeting, cash flow reporting, statutory compliance, and meeting regulatory obligations. It is crucial to understand the role’s impact within the team and how it contributes to the overall success of financial operations and processes. **Key Accountability**: - Accounting and Financial Management. - Support finance functions by accurately processing accounting records and maintaining financial records for all business transactions, including accounts payable, accounts receivable, payroll, and more. - Manage the distribution of accountable documents and report status to head office, prepare cash flow reports, monitor liquidity, assist in repatriating surplus funds, and ensure timely submission of reports to regional and head office. - Verify vendor and staff payments for compliance with contract terms and local employment conditions, ensure accurate recording and deposit of sales collections, and assist with purchase requests and goods receipts. - Monitor budget control, coordinating with Business Unit Heads before expenses are incurred to ensure adequate funding. - Manage the disbursement and replenishment of cash floats, ensuring proper reporting and recording in MAB financial books. - Vendor and Stakeholder Management - Liaise with the banks, local authorities, consultants, vendors, customers, business units and head office on finance related matters. - Collaborate with business units/internal customers at the station to ensure financing matters are in order and controlled. - Attending industry (IATA/CASS/BSP etc) and other stakeholders meeting as and when required. - Compliance, Audits and Taxations. - Ensure compliance with financial regulations, accounting standards, and internal controls. - Assist in coordinating internal and external audits and implementing corrective actions as necessary. - Prepare statutory accounts for filing with regulatory authorities and ensure timely submissions. - Review and approve monthly GST/VAT and other local taxes, as well as staff taxes, corporate tax, and other filings for submission to the relevant authority. - Support and liaison with tax consultant on all tax matters and local filing requirement in consultation with the head office tax team. - Team Collaboration and Support - Act as a proactive team member to foster a cordial work environment. - Provide support and guidance to GSA staff in handling day-to-day finance operations. - Collaborate with cross-functional teams, including operations, commercial, and airport services, to provide financial insights and support decision-making. - Support local administrative matters and HR functions as required. - Any other matter assigned by the Regional and/or head office. < **Area of Experience**: - Good command of English and local language (Written and spoken) - Possess good knowledge of Microsoft office (Excel, word, power point) - Well versed with ERP and S4 HANA financial system and other business/accounting tools - Possess in-depth understanding of accounting principles & practices, - Knowledge of local statutory, compliance, tax, remittance and financial requirements. - Possess knowledge of the aviation industry and knowledge of the job role
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