Auditor
Confidential · Riyadh, Saudi Arabia
Apply & track with Apply EdgeResponsibilities 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 programagreements, 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 leasearrangements.
- 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.