Division: Finance
Department: Finance
Company: The Red Sea Air Services Company
Elevate Your Career with Fly Red Sea – Where Excellence Takes Flight
Fly Red Sea operates as a subsidiary of Red Sea Global and is part of the Red Sea Global Group of companies. We specialize in providing air mobility services to our Red Sea destination. As a subsidiary, Fly Red Sea benefits from shared strategic goals and collaborative initiatives within the Red Sea Global group of companies, enhancing our ability to serve our clients effectively.
Join a world-class team dedicated to innovation, hospitality, and unmatched service. Unlock endless opportunities in the aviation industry and soar to new heights.
We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.
Be part of a legacy that’s shaping the future of travel - your journey starts here.
Be the force behind a safer, smarter, more sustainable future of aviation. Join Fly Red Sea and be part of the positive change for Saudi Arabia and the world.
Job Purpose:
To support the financial health and operational efficiency of the aviation company by managing financial planning, budgeting, cost analysis, and reporting. The Finance Specialist plays a key role in ensuring financial accuracy and compliance with aviation standards, contributing to strategic decision-making and cost control efforts.
Job Responsibilities:
- Processing invoices and expense claims.
- Prepare and analyze monthly, quarterly, and annual financial reports.
- Track and analyze aviation-specific costs such as fuel, maintenance, aircraft leasing, crew expenses, and insurance.
- Maintaining account ledgers and assisting in monthly closing.
- Maintain accurate general ledger entries and reconcile key accounts.
- Coordinate with procurement and operations departments to control and report on expenditures.
- Performing vendor and bank reconciliations.
- Support external audits and liaise with regulatory authorities and banks as required.
- Contribute to the enhancement of financial processes and internal controls.
Job Requirements:
- Bachelor’s degree in finance, Accounting, or a related field (Mandatory).
- Professional certification such as CPA, CMA, or ACCA (Preferred).
- Minimum of 3-5 years of experience in a finance or accounting role.
- Prior experience as Accounts Payable Accountant and general ledger accounting.
- Strong knowledge in SAP ERP (Mandatory).
- Knowledge of IFRS and financial compliance standards.
- Proficient in MS excel.
- High attention to detail and accuracy.
- Strong organizational and time management skills.
- Effective communication and collaboration abilities across departments.
- Ability to work under pressure and meet tight deadlines.