About Us
beOnd is at the forefront of luxury air travel, offering our passengers an unparalleled experience that combines innovation, elegance, and world-class service. We are looking for talented individuals who are passionate about aviation and excellence to join our dedicated team and help us elevate the future of luxury air travel.
Role Overview
Responsible for all areas relating to financial reporting and developing and maintaining accounting principles, practices, and procedures, IFRS/local GAAP standards, statutory/financial requirements, and business partner with all internal functions for key projects rolled out across the business. This role also includes oversight of accounts payable (AP) and accounts receivable (AR) functions, ensuring financial processes are efficiently managed.
Duties and Responsibilities
1. Accounts Payable (AP) Responsibilities
- Invoice Management:
- Ensure timely receipt, validation, and processing of vendor invoices.
- Approve payment terms and verify compliance with contractual agreements.
- Payment Processing:
- Manage and schedule payments to vendors, suppliers, and other creditors.
- Oversee the disbursement process, ensuring accuracy and compliance with company policies.
- Vendor Relationship Management:
- Maintain effective communication with vendors to address payment queries and resolve disputes.
- Negotiate payment terms and conditions to optimize cash flow.
- Expense Control:
- Monitor and control operating expenses to ensure alignment with budgets.
- Implement policies to reduce errors and minimize financial losses.
- Compliance and Reporting:
- Ensure adherence to regulatory standards and internal controls.
- Prepare reports on payables aging, cash outflows, and performance metrics.
2. Accounts Receivables (AR) Responsibilities
- Billing and Invoicing:
- Supervise the preparation and issuance of accurate customer invoices.
- Ensure invoices are sent promptly and in line with agreed terms.
- Collections:
- Oversee the collection of outstanding payments from customers.
- Follow up on overdue accounts and implement recovery strategies.
- Customer Relationship Management:
- Act as a liaison between the company and clients for payment-related issues.
- Address disputes or discrepancies related to billing.
- Credit Management:
- Evaluate customer creditworthiness and establish credit limits.
- Monitor compliance with the company’s credit policies.
- Reporting and Reconciliation:
- Prepare accounts receivable aging reports and cash inflow forecasts.
- Reconcile accounts receivable records with the general ledger.
3. General Responsibilities
- Financial Management & Reporting:
- Manage accounts payable (AP) and receivable (AR) functions, ensuring accuracy, compliance, and alignment with company policies.
- Prepare and review financial statements, reports, and performance metrics for AP/AR, cash flow, aging, and other key financial areas.
- Provide decision support through financial modeling, analysis, and scenario planning to assist in strategic decision-making.
- Ensure accurate and timely filing of all financial reports, tax returns, and regulatory submissions.
- Process Improvement & Efficiency:
- Identify inefficiencies in AP/AR workflows and implement process improvements to streamline operations and reduce manual efforts.
- Leverage technology to automate tasks and enhance operational efficiency.
- Drive continuous improvement in financial systems, policies, and procedures to optimize cash flow and reduce financial risks.
- Team Leadership & Development:
- Supervise, train, and mentor AP and AR teams to enhance their financial, and leadership skills, as well as to ensure operational efficiency.
- Conduct performance reviews, provide feedback, and support the professional development of team members.
- Foster a collaborative team environment to achieve business objectives.
- Cross-Department Collaboration & Strategy:
- Collaborate with procurement, sales, and other internal teams to align AP/AR strategies with broader business goals.
- Act as a key business partner, offering financial insights to support key projects and business initiatives across the organization.
- Work closely with senior management to assess the financial impact of potential business decisions and investments.
- Compliance & Risk Management:
- Ensure compliance with financial policies, legal requirements, and audit standards.
- Implement and maintain effective internal controls to safeguard company assets and ensure regulatory compliance.
- Identify and assess financial risks, implementing strategies to mitigate them and capitalize on opportunities.
- Oversee and manage the annual audit process – ensure that audit recommendations are implemented to improve financial practices and controls.
Competencies
- Strong leadership and interpersonal skills
- Excellent verbal and written communication skills
- Ability to work with multiple deadlines in a fast-paced setting
- Able to present information to senior management, and explain finance to non finance managers
