Magma Aviation has an exciting opportunity for a Finance Manager to join the team in Gatwick, UK on a 12-month contract. The successful candidate will have experience in Finance Management.
Purpose of the Role
- To assist with various aspects of the Finance Department for Magma Aviation Limited and Magma Aviation Group companies worldwide, ensuring the department contributes to the achievement of the organisation’s goals.
- To provide financial analysis and reports to the management to enable them to monitor the business and make effective strategic decisions.
- To provide and advise the Management of the Company on Financial Matters.
Responsibilities of the Role
- Provide management reports to the Head of Finance, Senior Leadership Team and Board of Directors every month in line with deadlines set
- Seek to improve the quality and usefulness of reports on an ongoing basis
- Assist management in cost efficiency
- Ensure the Commercial Department keep up to date with Commercial Flight Reports to allow weekly reporting of flight performance to the Board of Directors
- Utilise best practice accounting methods and ensure statutory accounting standards are met
- Assist the Senior management team with the Budgetary Process
- Assist (when necessary) and ensure invoices are authorised appropriately, processed timeously and accurately
- Assist (when necessary) and ensure VAT is accounted for correctly
- Assist (when necessary) and ensure third party and interco creditors are paid within terms, but taking advantage of credit terms provided
- Assist (when necessary) and ensure the weekly creditor’s report is completed for senior management weekly
- Assist (when necessary) and ensure department heads and brokers are provided with their relevant creditor’s reports weekly
- Assist (when necessary) and ensure all sales invoices are raised timeously and accurately
- Assist (when necessary) and ensure third party debts and interco debts are recovered within terms and any disputes are resolved timeously
- Assist (when necessary) and ensure the weekly debtors’ report is completed for senior management on a weekly basis
- Assist (when necessary) and ensure department heads and brokers are provided with their relevant debtor reports weekly.Oversee the preparation of inter-company reconciliation accurately and to required timescales to enable debt recovery and payment of balances owed
- Ensure that all Ledger Clerks are making the relevant preparations as stated above
- Ensure all relevant preparations are made for the quarterly VAT returns to required timescales and ensure full compliance with VAT regulations
- Prepare the audit file on a yearly basis
- Assist auditors as required to ensure the audit progresses smoothly to required timescales and the auditors are furnished with all necessary documentation and explanations
- Deputising for head of Finance on cash management tasks, when on leave or unavailable, including but not limited to: Overseeing, Understanding, managing, all aspects of cash flow
- Assisting the ledger supervisors in ensuring sufficient funds are available to meet ongoing operational and capital requirements
- Oversee company’s various cash flow forecasts and performing financial modeling.
- Build strong, productive relationships with internal customers (Group Board, Management, Operational and Commercial Departments) and external customers and suppliers (the bank, auditors, etc.) to ensure our business objectives are achieved
- To work in correlation with Finance Department staff across the group (where applicable).
What We Look For
- Must be ACA / CIMA / ACCA qualified
What We Offer
- Competitive salary
- Comprehensive benefits package
- Opportunity to join a global company and be part of a diverse international team
- Professional development and career opportunities
- Unlimited access to thousands of courses on LinkedIn Learning platform
Magma Aviation is proud to be an equal opportunity employer committed to workplace diversity
Magma Aviation commercially markets dedicated wide-body cargo aircraft capacity, contracted on an exclusive basis from third-party airlines.
The UK-based company currently manages a fleet of Boeing 747-400F aircraft and offers a range of ad hoc and regular flying capacity to freight forwarders, logistics providers, and charter brokers.
Whether it’s moving perishable cargo from Africa to Europe, or a shipment of automotive components around the world – Magma tailors its services around the client’s specific needs.
Magma Aviation is a subsidiary of the Chapman Freeborn Group, who combine over 45 years of experience with unrivalled global coverage to meet the air charter requirements of customers 24 hours a day, 365 days a year.Chapman Freeborn’s depth of aviation expertise includes managing passenger and cargo charter operations, aircraft leasing, humanitarian airlifts, and much more.
The Chapman Freeborn Group is also family member of Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe with 83 offices and production stations providing aviation services and solutions worldwide.
Recruitment agencies: please note we have an in-house recruiter alongside a preferred agency list which we review annually. Therefore, we do not accept any CVs or applications sent to us on a speculative basis. We are pro-active in reaching out to agencies if there is a business need so please refrain from calling us.
Salary comment: € per year
Vilnius, Lithuania