Job Description

Purpose of Position

The Financial Strategy Partner will act as a liaison with operational, commercial, corporate and IT business units interpreting financial data and trends and translating them into actionable recommendations for non-financial stakeholders.

We are looking for an energetic, proactive and experienced Financial Strategy Partner to join our fast-paced finance team. The successful candidate will play a crucial role in providing financial insights and support to various business units, driving financial performance and ensuring alignment with the company's strategic goals. The successful candidate will be responsible for overseeing cost control, optimising contract terms, and building successful relationships with the business. This role requires excellent analytical skills, strong interpersonal skills and an inquisitive mindset.

Responsibilities

• Business Partnering: Act as a trusted advisor to business unit leaders, providing financial guidance and support by collaborating with department heads and senior management to drive strategic decision-making and initiatives.
• Cost Control: Monitor and control costs across the organization, ensuring adherence to budgets and identifying cost-saving opportunities.
• Financial Analysis: Conduct detailed financial analysis to support business decisions and identify opportunities for improvement.
• Budgeting & Forecasting: Monitor budgets and forecasts in collaboration with business units
• Performance Monitoring: Track and analyse key performance indicators (KPIs) and financial metrics to assess business performance.
• Process Improvement: Identify and implement process improvements to enhance financial efficiency and accuracy.
• Reporting: Prepare and present reports, on an as needed basis.
• Compliance: Ensure compliance with financial regulations and company policies.
• Project Management: Support financial aspects of various projects, including capital expenditure and operational initiatives.
• Contract Management: Review and monitor contracts terms identifying opportunities for revisions that could contribute to savings.
• Other: Support the Head of Financial Strategy and Investments in the day-to-day operations of the division.

Technical Skills

• Cost Accounting: Knowledge of cost accounting principles and practices.
• Advanced Excel: Strong skills in Excel, including advanced formulas, pivot tables, and data visualization.
• Data Analysis: Ability to analyse large datasets and provide meaningful insights.
• Budgeting & Forecasting: Expertise in budgeting, forecasting, and variance analysis.
• Financial Modelling: Proficiency in developing and maintaining financial models.
• Financial Reporting: Experience in preparing and presenting financial reports.

Skills and attributes

• Strategic and detail-oriented approach underpinned by a solid grasp of finance and accounting principles.
• Ability to work both independently and as part of a team in a dynamic environment, driving results and meeting tight deadlines through a balance of autonomy and collaboration.
• Strong analytical and problem-solving skills.
• High level of accuracy and attention to detail.
• Excellent verbal and written communication skills.
• Ability to build and maintain effective working relationships with stakeholders and explain finance concepts to non-finance colleagues.
• Self-motivated and proactive in identifying and addressing financial and process issues.
• Ability to adapt to changing business environments and priorities.
• High ethical standards and integrity in financial management.

Experience and Qualifications

• Applicant is a fully qualified Accountant (essential).
• Minimum of 3-5 years’ experience in a finance-related role, with a focus on cost control and financial analysis, preferably in the aviation industry (essential).
• Business Partnering: Proven experience in a finance business partnering role, providing strategic financial insights to support business decisions (desirable).
• Project Management: Experience in managing financial aspects of projects (desirable).
• Possess an understanding of the airline industry (desirable).
• Experience with working with finance systems (Oracle, desirable).
• Excellent working knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP) with a broad knowledge of general ledger and related financial system functionality (essential).
• Strong background in financial modelling, ERP systems, and advanced Excel (desirable).
• Expertise in utilising advanced accounting, financial analysis, and presentation software (e.g., Excel, PowerPoint, and the financial software used at KM Malta Airlines) (essential).