Operations Finance Analyst

Loganair Ltd; Paisley; On-site; GBP 60,000 - 80,000; Full time

Job summary

An airline company based in Scotland is seeking an Operations Finance Assistant. The role involves monitoring financial performance, preparing reconciliations, and improving budget accuracy. Ideal candidates should have strong analytical and interpersonal skills, working towards an accounting qualification, and be proficient in Excel. The position offers a collaborative working environment where team efforts and accountability are emphasized.

Qualifications

• Airline experience desirable but not essential.
• Working towards a relevant CCAB accounting qualification.
• Comfortable working with an integrated accounting package and core office systems.

Responsibilities

• Assist Operations Finance Accountant in monitoring expenditure.
• Review, maintain and improve ledger postings.
• Prepare monthly balance sheet reconciliations.
• Assist with month end preparation of risks and opportunities schedule.

Skills

Analytical skills

Interpersonal skills

Communication and influencing

Teamwork

Accountability

Education

Relevant CCAB accounting qualification

Tools

Integrated accounting package

Excel

Job description

The purpose of this role is to assist the Operations Finance Accountant monitor expenditure against budgets and forecasts. To carry out month end processes in line with monthly deadlines ensuring that an accurate result is delivered.

Key Responsibilities

Financial Control

• Ensure company Finance policies, procedures and forms are complied with and adhered to consistently throughout the company;
• Identify and resolve areas of financial weakness in a timely manner;
• Continually review, maintain and improve ledger postings against budget, forecast, prior year and trends;
• Assist with providing commercial analysis used for decision making by management;
• Assist with developing targets and benchmarking processes to challenge the business stakeholders.

Monitoring Financial Performance

• Ensure that direct operating costs and operations fixed costs are coded correctly within the finance system.
• Month end direct operating cost and operations fixed costs analysis against budget, forecast and trends;
• Prepare monthly balance sheet reconciliations and fully investigate anomalies;
• Month end preparation of departmental KPI’s, volumes and non-financial information;
• Assist with month end preparation of risks and opportunities schedule;
• Direct operating cost and operations fixed costs accruals and prepayments;
• Liaise with and support budget holders to understand, challenge and improve financial performance;
• Assist with audits including route audits for PSO’s;
• Review and approval of Operating cost invoices in line with approval limits.
• Escalation point for issues with suppliers, disputes invoices and outstanding credit notes.

Forward Looking Financial Performance

• Working with the Accountant and Business Partner to assist in the creation of departmental budgets and forecasts in conjunction with the department heads and budget holders;
• Liaising with contract owners and suppliers regarding rates/pricing;
• Assist with Investment appraisals and business cases;
• Assist /business Partner prepare Direct Operating cost and operations fixed cost information and analysis for tenders and contract pricing;
• Drive continuous improvement plans and assist with tracking of results of various productivity initiatives;

Ad Hoc and Other

• Represent finance in any operational management meetings and for any projects being carried out within the company;
• Ensure all financial and accounting records are thoroughly maintained and completed in preparation for independent audits;
• Monitoring financial information systems and suggesting improvements where needed;
• Present at meetings as and when required;
• Assist with special Finance projects in support of key corporate initiatives as defined by the Board
• Any other reasonable duties as required by the finance and operations department.

Minimum Requirements

• Airline experience desirable but not essential;
• Working towards a relevant CCAB accounting qualification with relevant experience gained in a similar environment desirable;
• Comfortable working on an integrated accounting package together with a detailed knowledge of core office systems – particularly Excel

Key Attributes

• Analytical skills – Strong analytical and numeracy skills;
• Interpersonal skills - ability to build relationships at all levels; assess own strengths and weakness; pursue training and development opportunities
• Communication and influencing – Strong influencing and relationship building skills. Can adjust style and language to meet the needs of the audience; reviews work for accuracy and relevance; presents data effectively and in an understandable format;
• Teamwork – Ability to prioritise and coordinate multiple work requirements to meet deadlines. Balances team and individual responsibilities; open to others’ views; provides and accepts constructive feedback; able to build positive moral; supports everyone’s efforts to succeed in achieving goals and objectives.
• Accountability – Takes responsibility for own actions; delivers on agreed actions and commitments; keeps stakeholders informed of progress.
• Values and behaviours - demonstrates company value and behaviours at all times, is proactive by nature and embraces a culture of respect at all levels.

Please Note

All details are provided for guidance only, and do not necessarily limit the responsibilities and accountabilities of the job. Full details of employment terms are provided within offers of employment, and appropriate policies within the Company.

At Loganair we strive at all times to be inclusive and welcoming to applicants for every role across our company. We recognise and value diverse talents allowing our people to grow and develop in a fair working environment. Loganair is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, religion or belief, marital status, disability, gender identity, military veteran status and all their characteristics, attributes or choices as protected by law. All recruitment and hiring decisions are based on applicants’ skills and experience.