Summary
Jeddah Airports Company is seeking a Financial Compliance Specialist in Jeddah. The role ensures compliance with financial regulations and airport charges, and supports accurate charge calculations and invoicing. Responsibilities include maintaining internal control frameworks and financial policies, documenting compliance activities, and coordinating with auditors, finance teams and regulatory authorities. Applicants should have a bachelor's degree in finance, accounting or a related field, experience in financial compliance or auditing, and knowledge of aviation-related financial regulations.
The posting
As published on kaia.sa. Pulled from the employer's site and shown as they wrote it.
Job Description
Summary:
The Financial Compliance Specialist will be responsible for ensuring that the financial practices at jedco align with local, national, and international financial regulations. They will also develop and maintain internal control frameworks and financial policies specific to jedco while collaborating with various stakeholders to ensure financial compliance.
Job Responsibility:
- Stay updated on financial regulations and standards specific to the aviation industry, such as those issued by aviation regulatory bodies like the International Civil Aviation Organization (ICAO) and local aviation authorities.
- Ensure compliance of airport charges and fees levied on airlines, passengers, and other stakeholders.
- Ensure accuracy, transparency, and consistency of charge calculations and invoicing processes.
- Collaborate with internal and external auditors to facilitate financial audits for jedco.
- Develop and maintain internal control frameworks and financial policies specific to jedco.
- Maintain comprehensive documentation of financial compliance activities.
- Collaborate with finance teams, jedco management, regulatory authorities, and other stakeholders to address any compliance issues.
- Contribute to the development and implementation of internal financial policies and procedures.
- Monitor and enforce compliance with internal financial policies, identifying and addressing any violations.
- Carry out other job-related responsibilities as directed by the Line Manager.
Candidate Requirements:
- Bachelor's degree in Finance, Accounting, or a related field.
- Knowledge of financial regulations specific to the aviation industry.
- Experience in financial compliance or auditing.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Attention to detail and accuracy in work.
- Ability to work collaboratively with cross-functional teams.
- Familiarity with internal control frameworks and financial policies.
- Certification in financial compliance or related field is a plus.
Skills
- Strong understanding of financial regulations and compliance requirements
- Ability to conduct internal audits and monitor compliance with relevant laws and regulations
- Proficiency in analyzing financial data and identifying areas of non-compliance
- Excellent attention to detail and ability to spot inaccuracies or discrepancies
- Strong communication skills to work with different teams and stakeholders on compliance issues
- Knowledge of risk management and ability to develop strategies to mitigate compliance risks
- Proficient in using financial software and tools for compliance monitoring and reporting