Vice President Finance Full Time NEW

Jazeera Airways is seeking a highly experienced and commercially astute Vice President – Finance to lead the Finance function for its new venture in the Kingdom of Saudi Arabia. VP-Finance will be responsible for ensuring financial sustainability, optimizing cost structures, managing liquidity, and supporting commercial decision-making. The role continuously monitors airline’s performance, analyzes and reports it to the CEO, Board and other stakeholders.

Key Responsibilities

:
A) Strateg

1. y:Responsible for developing and executing the financial strategy in accordance with the corporate strategy and long-term growth objectives with emphasis on bottom-lineperformance, working capitaloptimization, and shareholder value enhancemen
2. t.Act as a strategic partner to the CEO and executive leadership tea
3. m.Support the Commercial function in evaluating of new market opportunities, partnerships, and investments to drive profitability. Align charter revenue streams with overall network strate

gy
B) Financial Stewardsh

1. ip:Monitor corporate performance against defined parameters and present periodic reports to stakeholde
2. rs.Ensure robust financial planning, budgeting, forecasting, and performance manageme
3. nt.Oversee cost structures including fuel, maintenance, crew,and airport charg
4. es.Implement cost optimization initiatives without compromising safety or complian
5. ce.Benchmark againstindustry standards and identify efficiency improvemen
6. ts.Develop financial modelsand pricing strategies for charter operatio
7. ns.Ensure profitability and risk management for ad-hoc and contract charte

rs.

C) Treasury & CapitalManage

1. ment:Manage the Airline’sfinancing requirements includingthe non-fund-based facili
2. ties.Ensure effective cash flow management and liquidity plan
3. ning.Responsiblefor structuring, negotiating and finalizing purchaseagreem
4. ents.Manage relationships with banks, lessors,investors and financial institut

ions.
D) Financial Reporting and Gover

1. nance:Ensure timely preparation of financial statements, investor reports and statutory books of ac
2. count.Maintain compliance with IFRS and all applicable regulatory require
3. ments.Oversee internal control frameworks, risk managements frameworks, internal audit, regulatory compliance and external audit proc

esses.
Risk Mana

1. gement:Develop and implementa financial risk management
2. policy.Oversee enterprise financialrisk management, includingexpos
3. ure to:Fuel price vol
4. atilityForeign excha
5. ngeriskInterest ra
6. te riskEnsure appropriate governance and oversight of hedging strategies where appl

icable.
E) Lea

1. dership:Lead, develop, and succession-plan a high-performing Finance function, fostering collaboration and account
2. ability.Establish clear goals, provide regular performance feedback, and ensure alignment with the airline’s strategic
3. vision.Ensure Finance operates as an enabler of business performance, not solely as a control f

unction.
F) Prepare executive reports and presentations for the CEO, Executive Committee, and Board, as

required.G) Perform any other dutiesand projects as assigned by Ma

nagement.
Requirements and Quali

1. fications:Chartered Accountant (CA)/ CFA/ MBA
2. – Finance.Minimum 15 years of experience in the aviation industry; GCC experience
3. is a plus.Experience in Board and Investor
4. reporting.Proven financialleadership and strategic planning cap
5. abilities.Excellent communication skills, with strong analytical and problem-solving
6. abilities.Outstandingleadership skills in negotiation, consensus-building, and achievin
7. g results.Proven experience in developing and structuring a Finance function during the launch or growth phase of an airline will be

preferred.