Financial Services Agent Jobs in Mumbai - Cathay Pacific Airways

Responsibilities

Compliance – Legal, Taxation, Regulatory Reporting

• Full compliance with all applicable laws and regulations
• Maintain an awareness of the local regulatory environment for any changes which may impact Cathay Pacific’s risk exposure and/or working procedures
• Assist with the local audit and business registration process as required
• Assist in the preparation of accurate and timely returns to government, airport and taxation authorities

Control and Risk Assessment

• Adhere to company policy and work with head office and the local finance team to prevent deviations
• Ensure proper authorisation of contracts and expenditure as required
• Report any breaches of company policy

Management and Financial Reporting

• Accurate and timely recording of revenues, expenses and balance sheet items in the general ledger
• Compile month/annual accounting schedules, bank reconciliations and account reconciliations
• Assist the Financial Services Manager to prepare budgetary and ad hoc analysis as required

Cost Control

• Assist the Financial Services Manager to prepare the annual overhead and route cost budget/forecasts as required
• Review actual spend compared to budget and help identify areas for cost saving opportunities
• Assist to prepare monthly analysis for the Financial Services Manager
• Provide financial analysis to assist business units with local contract negotiations

Credit Control

• Comply with established credit policy for appointing new agents and liaise with the sales teams to evaluate potential new agents in line with policy
• Assist Sales and Finance to obtain necessary security from agents
• Collaborate with the sales teams to stay informed of the financial status of agents to minimise exposure and losses
• Assist to identify any default payments and pursue collection through BSP, bank guarantees, collection agencies, legal etc.

Banking and Treasury

• Assist the Financial Services Manager to oversee the cash management process
• Keep banking records up-to-date and conduct bank account reconciliations
• Assist in the renewal and application of required licences with local authorities

Business Advisory

• Provide data and analysis for the preparation of Expenditure Control Committee submissions
• Assist line departments and Port/Country Manager on business analysis as required

Academic Qualifications & Experience

• Graduation in any field is a minimum
• Diploma / Certification preferably in a related descipline would be an advantage
• Ideally at least 1 years experience in Finance/Accounting
• Knowledge of or experience in the airline industry is an advantage
• Good interpersonal skills and an ability to interact with all levels within the organisation
• Sound organisational skills with an ability to prioritise and manage multiple tasks and deadlines
• Strong written, oral communication, negotiation and presentation skills
• Ability to demonstrate cultural sensitivity and diplomacy
• Ability to adapt and embrace constant change