Auditor

About the role

Responsibilities

• Responsibilities and Duties:
• An Aviation Accounting Auditor plays a critical role in verifying financial accuracy, ensuring regulatory compliance,
• and improving operational efficiency in the aviation sector. Below is a detailed breakdown of their key responsibilities:
• Financial Audits and Verification
• • Conduct regular audits of financial statements to ensure accuracy, transparency, and adherence to accounting standards such as GAAP and IFRS.
• • Validate the accuracy of general ledger entries, reconciliations, accounts payable/receivable, payroll, and fixed assets.
• • Analyze financial data to identify discrepancies, irregularities, or errors and recommend corrective actions.
• • Verify all documents such as invoices, payment requests, reconciliations, paybacks, etc., issued from the accounting department before sending them for approval from senior management.
• Regulatory and Compliance Audits
• • Ensure compliance with industry-specific regulations and financial regulations affecting the aviation industry.
• • Verify adherence to tax regulations, including local and international tax laws relevant to aviation operations.
• • Review compliance with airport fees, leasing arrangements, operator agreements, warranty program agreements, and insurance requirements as they relate to Ajlan family's operations.
• Operational Audits
• • Audit and evaluate operational costs, including but not limited to Jet Aviation's monthly invoice, handling, landing, catering, training, fuel expenses, maintenance costs, dispatching, and parts procurement.
• • Review crew monthly expenses, hotel invoices, cash float, Vista Jet invoice payments, additional expenses, and fuel costs.
• • Review maintenance invoices and compare them with tasks carried out on VPCDP’s aircraft to ensure accuracy.
• • Assess the efficiency and effectiveness of procurement processes, vendor agreements, and lease arrangements.
• • Analyze expenses, categorize them, and ensure accurate financial reporting.
• Internal Controls and Risk Management
• • Identify areas of financial, operational, and regulatory risk specific to the aviation sector.

Skills

• GAAP
• IFRS
• financial audits
• general ledger
• reconciliations
• accounts payable
• accounts receivable
• payroll
• fixed assets
• tax regulations
• risk assessment
• procurement processes
• vendor agreements
• expensive verification
• operational costs analysis