Job Description

KM Malta Airlines Limited, the national airline of the Maltese Islands, is seeking to recruit a Management Accountant, within the Finance department.

The Management Accountant will assist with strategic inputs to align with the overall goals of the organisation through, accurate financial decision-making, strategic planning, and optimised financial discipline within the airline. The post assists in delivering and executing fit for purpose processes to understand, report and anticipate the financial performance of KM Malta Airlines.

Responsibilities

• Participate in managing KM Malta Airlines’ accounting processes and practices, including identifying opportunities and targets to reduce KM Malta Airlines’ costs and/or increase its performance through better practices.
• Assist on month, quarterly, and yearly reporting procedures as per the guidance of the Head of Reporting, FP&A and Sustainability within the set timelines and analysis of monthly cash flow, profit & Loss, and balance sheet for management reporting, developing financial statements accordingly.
• Assist with closing of accounts and preparing of monthly and annual financial statements.
• Assist in ensuring all financial transactions are accurately recorded in accordance with generally accepted accounting principles (GAAP). This includes managing accounts payable and receivable, payroll, and general ledger.
• Ensure compliance with financial regulations and internal controls. This involves regular audits and reviews to prevent and detect any discrepancies or financial mismanagement.
• Coordinate with management and staff to prepare budgets.
• Assist in cost management on behalf of the assigned departments.
• Assist in providing financial analysis to support initiatives and investments or contracts on behalf of KM Malta Airlines.
• Assist in creating, monitoring and controlling the process via which all information related to sustainability reporting as required by law or regulation is collected, collated and presented.

Experience, Qualifications and Skills

• Minimum 3 years’ previous experience in a finance-related role (essential).
• Experience in the Commercial Aviation industry is advantageous (desirable).
• Experiencing within Maltese Aviation financial regulatory frameworks (desirable).
• A recognised degree in Banking, Finance, Economics or Accountancy, or an equivalent comparable professional qualification as recognised by the MQRIC (desirable).

Closing date: 14th February 2025