Job Roles and Responsibility of a Director Finance [Pay and Accounts Dept] in an Airline
The Director of Finance is a key leadership position providing financial leadership through support and technical expertise. Areas of functional responsibility include operating/capital budgeting, accounting, financial and statistical reporting, internal controls, debt management including compliance with bond covenants, rate setting, strategic planning, tenant and public relations and legislative review and coordination. Acts as custodian of all Airport assets, funds and securities.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Directs, the performance of accounting and payroll staff, ensuring adequate levels of service to other departments.
Ensures protection of assets by developing, coordinating, and overseeing administration of internal accounting policies, controls, and procedures for accounting operations that include but are not limited to revenues and reimbursements, expense budgets, accounts receivable, contracts and accounts payable, payroll, and special funds such as AIP, PFC and CFC.
Presentation of periodic reports that compare performance with plans, budgets, and standards. Interprets financial and statistical results. Oversees the distribution of periodic financial management information reports, highlighting variances from approved budget to all departments.
Forecasts short-range cash requirements and obligations, as a basis for maintaining adequate funds. Manage Investment Portfolio in accordance with state statutes and CCAA’s investment policy.
Prepares analyses of revenues and expenses, including projections.
Prepares preliminary and final budget summaries.
Executes cash disbursements for payment debt in accordance with bond covenant.
AirCrews Aviation Pvt. Ltd.