Aviation Finance Specialist
2 weeks ago
We are seeking a highly skilled Aviation Finance Professional to join our team in Africa. As a key member of our finance team, you will play a pivotal role in supporting the revenue and debtors function across our African business network.
Main Responsibilities:- Reconcile allocated Balance Sheet accounts, including Assets, Debtors, and Revenue, to ensure accuracy and compliance.
- Maintain the Fixed Asset Register to guarantee accuracy and adherence to accounting principles.
- Timely and accurate capture of assets to facilitate efficient financial management.
- Assist with the completion of CIPs for CAPEX projects to ensure financial stability.
- Calculate provision for Bad Debt to mitigate risk.
- Manage all Inter-company accounts and confirmations to ensure smooth financial operations.
- Set objectives for the accounts receivable team aligned with departmental goals.
- Negotiate with clients in cases of non-payment to ensure positive outcomes.
- Prepare various financial reports, including monthly, quarterly, and ad-hoc forecasting reports.
- Accurately and completely transfer Revenue (Invoices) into Pastel from relevant ERP systems.
- Provide support and training to Accounts Receivable Clerks to foster professional growth.
- Ensure adherence to accounting principles by all team members.
- Stay updated on industry and legislative changes to maintain compliance.
- Facilitate accurate reporting and analysis on financial data and metrics, such as cash forecasting and sales statistics.
- Track and follow up on outstanding payments to ensure timely collection of revenues due.
- Conduct credit checks on new and prospective clients to mitigate risk.
- Implement accounts receivable policies to ensure clients pay on time and collect past-due payments.
- Create monthly payment collection feedback reports to guide the Finance team.
- Monitor cash inflows by tracking invoices, deposits, and payment correspondence.
- Keep customers informed about their accounts through statements and reminders.
- Compile accounts receivable activities, including ageing reports and cash forecasts.
- Maintain 90+ day ageing for debtors below 5% of the total.
- Provide sales reports and reconciliations to support business decisions.
- Reconcile allocated Bank accounts by reporting deadlines to ensure accuracy.
- Assist in local and group audits to maintain financial transparency and integrity.
If you're a dedicated finance professional looking to take your career to new heights, this is the opportunity for you. Apply now to embark on an exciting journey with Empire Recruitment in the aviation industry.
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