Specialist - Finance

Division: Finance

Department: Finance

Company: The Red Sea Air Services Company

Elevate Your Career with Fly Red Sea – Where Excellence Takes Flight

Fly Red Sea operates as a subsidiary of Red Sea Global and is part of the Red Sea Global Group of companies. We specialize in providing air mobility services to our Red Sea destination. As a subsidiary, Fly Red Sea benefits from shared strategic goals and collaborative initiatives within the Red Sea Global group of companies, enhancing our ability to serve our clients effectively.

Join a world-class team dedicated to innovation, hospitality, and unmatched service. Unlock endless opportunities in the aviation industry and soar to new heights.

We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.

Be part of a legacy that’s shaping the future of travel - your journey starts here.

Be the force behind a safer, smarter, more sustainable future of aviation. Join Fly Red Sea and be part of the positive change for Saudi Arabia and the world.

Job Purpose:

To support the financial health and operational efficiency of the aviation company by managing financial planning, budgeting, cost analysis, and reporting. The Finance Specialist plays a key role in ensuring financial accuracy and compliance with aviation standards, contributing to strategic decision-making and cost control efforts.

Job Responsibilities:

• Processing invoices and expense claims.
• Prepare and analyze monthly, quarterly, and annual financial reports.
• Track and analyze aviation-specific costs such as fuel, maintenance, aircraft leasing, crew expenses, and insurance.
• Maintaining account ledgers and assisting in monthly closing.
• Maintain accurate general ledger entries and reconcile key accounts.
• Coordinate with procurement and operations departments to control and report on expenditures.
• Performing vendor and bank reconciliations.
• Support external audits and liaise with regulatory authorities and banks as required.
• Contribute to the enhancement of financial processes and internal controls.

Job Requirements:

• Bachelor’s degree in finance, Accounting, or a related field (Mandatory).
• Professional certification such as CPA, CMA, or ACCA (Preferred).
• Minimum of 3-5 years of experience in a finance or accounting role.
• Prior experience as Accounts Payable Accountant and general ledger accounting.
• Strong knowledge in SAP ERP (Mandatory).
• Knowledge of IFRS and financial compliance standards.
• Proficient in MS excel.
• High attention to detail and accuracy.
• Strong organizational and time management skills.
• Effective communication and collaboration abilities across departments.
• Ability to work under pressure and meet tight deadlines.