Wednesday, 17 July 2024

Job Vacancies in Fiji Airways, Fiji

Payments Manager




Min. Experience. 5-10 years



Summary:


This role will lead and oversee the payments function, ensuring accurate, efficient, and secure

processing of financial transactions related to vendor payments, settlements, and other payment

activities. Your strategic leadership, expertise, and attention to detail will play a critical role in

optimizing payment processes, enhancing financial controls, and maintaining the highest standards of financial integrity within the organization.


Key Outputs:-


1. Payments Strategy and Management:

  • Develop and implement a comprehensive payments strategy aligned with the airline's financial

objectives and industry best practices.

  • Oversee the execution of various payment methods, including electronic fund transfers, wire

transfers, checks, and other digital payment solutions.

2. Vendor Payment Processing:

  • Ensure accurate and timely processing of vendor payments, verifying payment details, coding,

and adherence to payment terms and contractual obligations.

  • Review and approve high-value or complex payments to ensure accuracy and compliance.

3. Reconciliation and Reporting:

  • Oversee payment reconciliations, ensuring accuracy and resolution of discrepancies.
  • Prepare regular financial reports and analysis related to payments for management and

stakeholders.

4. Financial Control and Compliance:

  • Establish and enforce strong internal controls and adherence to financial regulations, policies,

and standards.

  • Collaborate with internal audit teams to support audit readiness and provide necessary

documentation and explanations.

5. Payment Automation and Process Enhancement:

  • Identify opportunities for process automation, efficiency improvements, and digitization of

payment processes.

  • Implement new technologies and tools to streamline payment processes and enhance

operational efficiency.

6. Fraud Prevention and Security:

  • Implement and monitor payment fraud prevention measures, ensuring the security of payment

processes and sensitive financial information.

  • Collaborate with cybersecurity and IT teams to ensure robust payment data protection.

7. Cross-Functional Collaboration:

  • Collaborate with various departments, including finance, procurement, and IT, to integrate and

optimize payment processes across the organization.

8. Team Leadership and Development:

  • Lead and mentor a team of finance professionals within the payments function, setting

performance goals, providing guidance, and facilitating professional growth.

  • Foster a collaborative and innovative team culture that supports continuous improvement and

knowledge sharing.


Job Requirements:-


Qualifications, Certifications and Experience


Qualifications

  • Bachelor's degree in Finance, Accounting, or a related field; CPA or equivalent certification is preferred.
  • Proven experience (5+ years) in accounts payables, payments, or financial operations, with demonstrated leadership and managerial experience.

Experience Required :

  • Strong understanding of financial principles, regulations, and internal controls related to payments.
  • Proficiency in financial software, ERP systems (e.g., SAP, Oracle), and payment platforms.
  • Exceptional leadership and team management skills, with the ability to inspire, motivate, and develop team members.
  • Strategic thinker with strong problem-solving and decision-making abilities.
  • Excellent communication and interpersonal skills for effective collaboration with internal and external stakeholders.
  • Detail-oriented mindset and commitment to accuracy and financial integrity.
  • Proficiency in Microsoft Office suite, particularly Excel.
  • Strong project management skills and adaptability to a dynamic and fast paced environment



Management Accountant





Min. Experience : 4 -10 years


Summary:


Prepare, monitor and control, the accounts for a department or business unit, to ensure a true and fair view of that department or business units financial affairs is recorded.


Key Outputs:-


Prepare a set of management accounts, with input from core partners in Finance and the

department or business unit being supported, ensuring accuracy and completeness.

  • Take ownership of other critical financial elements aligned to the department or business unit

being supported, such as the balance sheet, cash flow report, and asset or inventory reporting.

  • Review the monthly or ad-hoc performance of the department or business unit being

supported, in conjunction with a Financial Analyst, taking responsibility for the accounting

elements and causal factor analysis of the performance against Budget and/or Prior Periods.

  • Provide assistance to the annual or ad-hoc planning, budgeting and forecasting exercises, for

departments or business units being supported, in conjunction with the Financial Analysts.

  • Provide strong historical financial (information) support to the Financial Analysts, or to the

departments or business units being supported, for use in financial presentations at all levels.

  • Contribute accounting knowledge to the financial components of ad-hoc projects within the

departments or business units being supported.

  • Ensure adequate controls to ensure accuracy and completeness of deliverables i.e. ; Annual

Budgets, Five years Planning, Rolling and rolling forecast

  • Completion of ad hoc projects and reports required by direct report, CFO, Heads of

Departments and the Executive Management.

  • Business specific these areas include the Commercial functions that is Strategy and Selling

and Marketing business units and the support and administration functions of the business

which includes Finance, Human Resources (HR), Information Technology IT), Public Relations

(PR), Legal/Executive, government and international relations (IIGA), Customer Experience.

The only operational area included in this category is the Inflight Services which provides the

meals and the inflight entertainment served on board the aircraft and is driven by passenger

numbers and number of sectors.

  • Strategy – this area looks after all the revenue generated by the company.

Understanding the various revenue line items is critical to interpret the causal factors.

  • Selling & marketing – this area looks after cost of sales for the business and is driven

by the bookings/passengers/channel type and the regions. A key component is

advertising and marketing costs by the various regional sales teams.

  • Finance – critical area in Finance costs is costs of hedging and the impact forex

exposure on the business.

  • Other Business Support departments – this area looks at all admin related costs to the

business. Understanding the different business support areas is critical in determining

all costs incurred.


Job Requirements:-


Qualifications, Certifications and Experience


Qualifications

  • Accountants in training for completion of ACMA or CPA with at least three years of experience with either a recognised firm of accountants or a reputable local or international business.

Experience Required :-


Team player and ability to build relationships with internal and external stakeholders, be challenging and resilient, whilst maintaining independence and objectivity

  • Exceptional interpersonal and communication skills with a positive can do attitude
  • Good organisational and problem solving skills with the ability to work on own initiative with energy, drive and commitment to deliver high quality results to tight timescales
  • Excellent analytical and presentation skills with attention to detail and accuracy
  • Drives customer service and continuous improvement
  • Proficient in the use of MS Office applications with strong analytical, reporting and organisational skills;
  • Able to foster trusting relationships with colleagues and have Team Management skills;
  • Have the ability to work effectively and efficiently toward goals in a complex, diverse environment with multiple and changing demands.


Financial Services Manager




Min. Experience. 5 -10 years


Summary:


The Financial Services (FS)is responsible for the transactional accounting functions, including

revenue accounting, payments, payroll, and banking. FS will ensure that services provided are

robust, compliant and customer focused.


Responsibilities


Transactional Finance

  • Provide leadership, strategic direction and vision to teams that deliver:
  • Revenue Accounting: on-time, efficient and effective processing of passenger, freight and

accounts receivable revenue data in the companys systems

  • Payments: amounts owed to third parties are correctly recorded, accounted for, approved

and paid within agreed time limits

  • Payroll: (excluding management & executive pay) ensuring that staff are paid accurately and

on time, after PAYE, FNPF and any other relevant deductions

  • Banking: bank payment transfers, cheque issues and all cash and bank receipts
  • Appropriately supported balance sheet reconciliations, ensuring completeness, accuracy

and timeliness

  • Resolution of internal/external customer queries in a timely and professional manner

Change Agenda

  • Drive transformational change, continuous improvement initiatives and service excellence in

revenue accounting, payments management, payroll, and transactional banking.

  • Provide strategic input to system reviews, updates and upgrades.

Team Management and Development

  • An intense focus on team management, providing effective processes for the setting of

performance targets, monitoring performance and providing feedback to individuals

  • Provides career development support, coaching and training; the aim being to maintain a highly

motivated and committed workforce.

  • Develop clear team progression / succession plan.

Reporting

  • Manages ad hoc projects and reports required by CFO, Executive Management and Heads of

Departments.


Job Requirements:-


Qualifications, Certifications and Experience


Qualifications

  • Bachelors qualification in Accounting, Finance or Business
  • CIMA, CPA or equivalent business qualification
  • Minimum 5 years senior finance management experience

Experience • Team player with strong leadership skills in a finance environment


Required • Continuous improvement and service champion

  • Builds relationships with stakeholders, is challenging and resilient, whilst maintaining independence and objectivity
  • Exceptional interpersonal and communication skills with a positive can do attitude
  • Good organisational and problem-solving skills, able to work on own initiative with energy, drive and commitment
  • Excellent analytical and presentation skills



Treasury Manager





Min. Experience. 5-10 years



Summary:


This role plays a key role across the organisation and in strategic transactions, leading a strong

treasury team. The role manages Group reporting and treasury and is responsible for corporate

liquidity, investments, and risk management related to the company's financial activities.

Supporting a growth agenda, the role has responsibility for funding decisions across all strategic

business development transactions, as well as board reporting and relationship development

responsibilities for investments in key assets. Critical to the success of this role is developing

strategies to foster relationships with a range of internal and external stakeholders.


Key Outputs:-


Treasury

  • Leads and supports the Treasury function to ensure maximum returns to the Groups cash

position, specifically:

  • Forecast cash flow positions, related borrowing needs, and funds available for investment
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment

requirements

  • Use hedging to mitigate financial risks related to the interest rates on the company's

borrowings, as well as on its foreign exchange positions

  • Maintain banking relationships
  • Maintain credit rating agency relationships
  • Arrange for equity financing and debt financing
  • Invest funds
  • Invest pension funds
  • Monitor the activities of third parties handling outsourced treasury functions on behalf of the

company

  • Advise management on the liquidity aspects of its short- and long-range planning
  • Oversee the extension of credit to customers
  • Maintain a system of policies and procedures that impose an adequate level of control over

treasury activities 


Team Management and Development

  • An intense focus on team management, providing effective processes for the setting of

performance targets, monitoring performance and providing feedback to individuals

  • Provides career development support, coaching and training; the aim being to maintain a highly

motivated and committed workforce.

  • Develop clear team progression / succession plan.

Reporting : -

  • Manages ad hoc projects and reports required by CFO, Executive Management and Heads of

Departments.


Job Requirements:-


Qualifications, Certifications and Experience


Qualifications

  • Must be fully qualified accountants (ACMA or CPA) with over 10 years experience in a Finance senior management role in an airline or international business. Prior CA experience is a must.

Experience Required :

  • Recognised expertise in corporate treasury, corporate finance planning, modelling, valuations and financial control function
  • A proven executive with a track record of leading finance, you are adept at engaging and managing sophisticated stakeholders. Respected for your judgment and strategic counsel, you have driven and a validating style, create insights, and possess exceptional influencing skills.
  • Team player with strong management skills and experience in leading people in a finance environment
  • Ability to build relationships with internal and external stakeholders, be challenging and resilient, whilst maintaining independence and objectivity
  • Exceptional interpersonal and communication skills with a positive can do attitude
  • Good organisational and problem solving skills with the ability to work on own initiative with energy, drive and commitment to deliver high quality results to tight timescales
  • Excellent analytical and presentation skills with attention to detail and accuracy
  • Drives customer service and continuous improvement

Email: vacancy@fijiairways.com, recruitment@fijiairways.com

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