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Finance Manager

  • FIN - Financial Services
  • Phnom Penh, Cambodia
  • Cathay Pacific
  • Application Deadline
    25 Sep 2023
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 Regional Head of Finance South East Asia and local Business Units to ensure robust control and compliance of financial operations in Cambodia, in addition to conducting accounting and finance activities in line with established company policy. To provide analysis and recommendations to local port and department managers where required.

Key Responsibilities

Compliance – Legal, Taxation, Regulatory Reporting

  • Ensure accurate and timely filing of tax returns, audits, declarations, applications / renewals of all required licenses and other financial-related matters to local authorities.
  • Fully comply with all applicable laws and regulations, including maintenance of necessary accounting records as per local requirements including oversight of company / branch office registration.

Finance Business Partnering

  • Provide Finance-related support to all country local departments.

Controls and Risk Assessment

  • Ensure the company’s principle accounting policies are followed.
  • Ensure proper authorisation of contracts and expenditures.
  • Partner with the Country, Port, and Department Managers to ensure completion of the Control Self-
  • Assessment for risk management.
  • Perform regular audits on finance processes.

Management and Financial Reporting

  • Ensure timely and accurate recordings of revenue, expenses and balance sheet items in the general ledger.
  • Ensure compilation of monthly and annual accounting schedules, bank reconciliations, and other
  • general ledger reconciliations.

Cost Control

  • Partner with country management and the Regional Finance Office to prepare budgets, forecasts, financial analysis, cost saving initiatives.

Credit Control

  • Establish, maintain and comply with the company credit policy.
  • Ensure that necessary security from Passenger & Cargo Agents is obtained and maintained.
  • Perform annual credit reviews.
  • Lead monthly debtors meetings with Cargo and Commercial Sales Teams.
  • Review any default payments and ensure collection is pursued through IATA, bank guarantees, collection agencies, legal avenues.

Banking and Treasury

  • Oversee the cash management process.
  • Ensure the authorised signatory lists for local bank accounts are up-to-date.
  • Develop and maintain external banking relationships.

Administration and Supplier Management

  • Manage and maintain accurate local inventory and asset registers.
  • Manage local supplier contracts.
  • Participate in, or lead, local contract negotiations to help secure favourable finance terms, and to
  • manage third party contracts as required.
  • Ensure vendor details and delegation of authority list is up-to-date in SAP at all times.

Business Support and Process Improvement

  • Prepare business cases to be submitted to Regional or Head Office when required, and ensure proper corporate governance and monitoring of costs for major business projects.
  • Review opportunities for process improvement and working efficiency.

People Development and Performance Management

  • Lead, support and encourage own team to achieve success.
  • Build a strong and motivated team.
  • Supervise and mentor direct reports, encouraging effective collaboration.
  • Demonstrate leadership and lead by example in accordance with Cathay’s core values.
  • Maintain active and ongoing dialogue in relation to employee goals and individual performance.
Requirements

Academic Qualifications

  • Degree in Accounting or related discipline with sound accounting knowledge
  • Post-graduate accounting qualification in Accounting (e.g. Chartered Accountant, Certified Practicing Accountant, Chartered Management Accountant, etc.) or related discipline

Knowledge, Skills, Training and Experience

  • A minimum of four years’ experience in Finance / Accounting is essential
  • Experience in the airline industry is an advantage
  • Experience in SAP is an advantage
  • Minimum of two years’ experience in leading a high performing team
  • Sound understanding of Cambodia 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
  • Superior written, oral communication, negotiation and presentation skills
  • Demonstrates cultural sensitivity and diplomacy
  • Leads, adapts and embraces constant change
Apply now