4 Vacancies Calling at Arik Air

Arik Air is a customer-focused airline that offers consistently outstanding services to both business and leisure travellers. We have earned a reputation for providing "the best care in the air". Industry experts have awarded us for delivering outstanding services. No airline does it in the unique Arik way.

Arik Air offers opportunities for employment in administrative, professional, technical and airline-specific disciplines, irrespective of the level or area of responsibility, each employee contributes to the growth and success of our airline. We believe that individuals score goals, but ultimately "the team wins the game".

We are recruiting to fill the following positions below:

1.Head, Internal Audit

Location: Nigeria

Principal Accountabilities and Responsibilities

• Direct the overall operations of the Internal Audit department on behalf of the Board Audit Committee and the Management.
• Evaluate and provide reasonable assurance that risk management controls are functioning.
• Ensure efficient and effective performance as well as monitor adherence of internal controls companywide.
• Evaluate and mitigate for all recognized corporate risks and advise management.
• Ensure projects are prioritized based on risk and exposure and assist with project appraisals.
• Create an effective and strategic direction roadmap which covers the values, mission, and objectives of Internal Audit now and in the future.
• Ensure adequate corporate governance exists to provide transparency in business practices.
• Establish quality control programmes over Internal Audit activities, and ensure departmental processes, methodologies and work flows are effective companywide (including project planning, resource management, file review, reporting, and follow up).
• Embed minimum acceptable standards and control frameworks which meet Arik’s Internal Audit objectives.
• Ensure that Internal Audit staffs develop skills and knowledge which provide maximum value for the business, and which are relevant for career advancement.
• Conduct ad-hoc special projects as requested by the Board of Directors, Audit Committee or the CEO.
• Maintain the independence and objectivity required by internal audit functions.
• Work with Business owners to provide independent strategic support to add value and help them achieve their functional, departmental and corporate goals.

Person Specifications

• Bachelor's Degree in Accounting or related discipline.
• MBA or other post-graduate degree is desirable.
• Professional accounting qualification (e.g. ACCA/CA/ACA) specialized in auditing, financial analysis, and business process.
• A minimum of 10 years’ experience at a senior level in auditing and/or accounting functions within aviation or a Big 4 environment.

Training/Knowledge:

• Corporate governance and SOX
• Modern internal audit best practice
• Risk-based audit techniques
• Control self-assessment methodology
• Computer assisted audit techniques
• Airline revenue process
• Fraud prevention, exposures and detection
• Aviation supply chain
• Computer literacy (all MS Office programmes).

2. Job Title: Company Secretary (Lawyer)

Location: Nigeria

Principal Accountabilities and Responsibilities

• Prepare and draft constitutive instrument of Arik Air and its subsidiaries as well as the internal regulations.
• Organise and prepare agendas, as well as take minutes of board meetings and annual general meetings (AGMs);
• Revise contracts submitted to Arik Air for signature to ensure that they are legally acceptable and favourable to Arik Air.
• Prepare contracts, letters and legal documents for submission by Arik Air to other Parties.
• Liaise between Arik Air and outside Lawyers on all legal related matters including settlement of claims, litigation.
• Undertake mission for consultation with outside bodies, international organizations or governmental authorities.
• Deal and liaise with other department on legal matters such as, aviation liabilities and limits of insurance, taxation.
• Draft and review specialized airline related contracts such as Aircraft Purchase Agreements, Aircraft Finance Agreements, Aircraft Wet Lease Agreements, Maintenance Contracts, Engineering Contracts.

Person Specifications

• A graduate of Law or related field, a masters In Law (Desirable)
• Membership of the Institute of Chartered Secretaries and Administrators (preferred).
• Ability to take ownership of the role and work with minimum supervision.
• Must be keen to innovate and be successful at formulating and implementing strategies and plans.
• Previous board-level experience.
• Sound, effective and enthusiastic communicator.
• A minimum of 10 years work experience, preferably in the Aviation Industry of which at least 5 years must have been in heading the Legal Affairs.
• Should have received specialized training in Aviation Law, Airline Contract Law, Aircraft Financing, Conflict of Law, Contract Negotiations, International Law and Legal Drafting.

3. Job Title: Vice President Finance

Location: Nigeria

Principal Accountabilities and Responsibilities

• Manage the general ledger and prepare monthly financial statements and forecasts.
• Oversee the preparation of monthly management reports.
• Monitor actual financial results vs. budget, highlighting key variances for management.
• Implement all necessary policies and procedures and improve our internal controls.
• Manage inter-company reporting and consolidation of accounts between them.
• Develop, recommend, implement, monitor, apply, coordinate, and manage the policies and procedures to govern the accounting and reporting for subsidiaries of the company (domestic and international).
• Prepare monthly, quarterly and annual reports for the Board.
• Enhance internal controls by ensuring that processes are in place to safeguard cash.
• Review reports to analyze projections of sales and profit against actual figures, budgeted expenses against final totals, and suggests methods of Improving the planning process as appropriate.
• Ensure that the company files timely and accurate tax returns (federal, state, county, city, sales tax, etc)
• Monitor performance of the accounting department.

Person Specifications

• Bachelor’s degree in Finance or Accounting required.
• Certified Public Accountant (CPA) or Certified Financial Analyst (CFA) desirable.
• Master’s degree in Finance or Accounting preferred.
• A minimum of 15 years of combined accounting and finance including at least 10 years of experience with planning, compliance and reporting activities associated with a publicly held company.
• Experience working with a multinational corporation is strongly preferred.
• Knowledge of JFRS
• Demonstrate management and financial skills in dealing with all phases of business operations.
• Leadership and communications skills to supervise and mentor accounting, and other company staff.
• Proficiency in MS Office Applications and SAGE ERP or other ERR software comparable to Oracle etc.
• Must be able to exercise a keen awareness of the legal implications of disclosing material company information; ongoing awareness of trends In senior Management’s thinking; ongoing familiarity with both industry and company activities; and an ongoing knowledge of stock market and financial trends.
• Excellent financial and business judgment skills; business acumen and ability to provide financial and business advice to all levels of Management and the Company’s Board.
• Motivated to work In a fast-paced environment, to move things forward, to meet stringent timelines, and to handle multiple demands simultaneously.
• Must possess excellent communication and interpersonal skills and the ability to work with a wide range of people with varying degrees of financial exposure.
• Independent and creative problem solving skills are required.

4. Job Title: Vice President Treasury

Location: Nigeria

Principal Accountabilities and Responsibilities

• Oversee all cash management operations for the company and treasury centers located in Nigeria and other West African countries. The geographic scope maybe expanded later.
• Responsible for all of the company’s capital formation requirements, Including debt and equity issuances, Recommend and execute on financing strategies to fund business objectives.
• Responsible for coordinating, conducting, participating and documenting the company’s financing arrangements, and other strategic and financial issues. Serve as a financial contact with outside firms.
• Responsible for the planning of daily cash availability and ensure adequate liquidity for working capital needs and invest short-term excess cash.
• Manage inter-company cash, including inter-company lending, dividends and capital injections.
• Develop, recommend, implement, monitor, apply, coordinate, and manage the policies and procedures to govern the credit, letters of credit, parent guaranties, and trade credit activities for subsidiaries of the company (domestic and international) and will be required to develop a policy and procedure manual to ensure that all assets, cash and payments are accounted for accurately.
• Provide leadership to the Treasury team and has direct responsibilities for corporate finance functions including capital markets, cash management and Investing, fuel hedging, interest rate and foreign currency hedging, corporate insurance, contract administration, banking and rating agency relationships, as well as capital structure,
• Prepare quarterly capital structure for the Board of Director presentations.
• Responsible for banking relationships including the administration of short-term borrowings and investments,
• Responsible for the documentation (letters of authorization/instructions, resolutions, various agreements, etc.) for all corporate bank accounts and short-term investment accounts.
• Manage and oversee all hedging to mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions.
• Enhance internal controls by ensuring that cash is safeguarded and used for approved corporate purposes.
• Responsible for the cash forecasts of the company and assist in directing the cash flow to optimize cash flow and position.
• Monitor and asses changes and trends in investment markets and determsne appropriate strategy.

Person Specifications

• Bachelor’s Degree in Finance or Accounting required. Certified Public Accountant (CPA) or Certified Financial Analyst (CFA) preferred. Master’s Degree In Finance or Accounting or MBA preferred.
• A minimum of 15 years of combined treasury, accounting and finance including at least 10 years of experience with cash management, Investment activities, bank relations, financing, compliance and reporting activities associated with a publicly-held company. Experience working with a multinational corporation is strongly preferred.
• Must be able to exercise a keen awareness of the legal implications of disclosing material company information; ongoing awareness of trends in senior Management’s thinking; ongoing familiarity with both industry and company activities; and an ongoing knowledge of stock market and financial trends.
• Requires excellent financial and business judgment skills, business acumen and ability to provide financial and business advice to all levels of Management and the Company’s Board.
• Must possess excellent communication and interpersonal skills and the ability to work with a wide range of people with varying degrees of financial exposure.
• Independent and creative problem solving skills are required.
• Ideal candidate will also have broad-based financial background, including experience with financial planning and analysis, forecasting and budgeting.
• Must be an advanced user of Microsoft office suite of products and have experience working with financial systems.
• Must be able to effectively mentor and coach members of the Treasury team and raise over all level of performance.

Application Closing Date
7th October, 2015.

Method of Application
Interested and qualified candidates should send their applications and CV's to: aviationfinance@arikair.com 
Note: Only candidates that meet the above requirements will be considered.