• Monitor the airline’s daily cash position across all bank accounts
  
  
• Prepare and circulate daily cash flow reports showing inflows, outflows, and available balances
  
  
• Track daily financial commitments and funding requirements for operational activities
  
  
• Ensure adequate liquidity to meet operational expenses, vendor payments, and statutory obligations
  
  
• Coordinate with finance management on cash availability and payment scheduling

Payment Processing and Treasury Operations

• Process vendor payments, operational payments, and other financial obligations in accordance with company policies
• Ensure all payments are properly authorized and supported with relevant documentation
• Monitor bank balances before payment execution
• Maintain records of all treasury transactions

Banking Relationship Management

• Maintain effective working relationships with banks and financial institutions
• Coordinate bank account documentation and compliance requirements
• Monitor bank charges, transaction fees, and service levels
• Liaise with banks on transaction confirmations and other treasury matters

Cash Forecasting and Liquidity Planning

• Prepare short-term cash flow forecasts to support operational planning
• Monitor expected inflows and outflows to identify potential liquidity gaps.
• Support management in planning funding requirements

Foreign Currency Monitoring

• Monitor foreign currency inflows from ticket sales and other sources
• Track foreign currency balances and utilization
• Assist in managing foreign currency payments and obligations

Bank Reconciliation and Controls

• Perform bank account reconciliations and investigate discrepancies
• Ensure accuracy of treasury transactions recorded in the accounting system
• Maintain proper documentation for audit purposes
• Ensure compliance with internal financial controls and treasury policies

Compliance and Reporting

• Ensure treasury operations comply with company policies and regulatory requirements.
• Prepare treasury reports required by management
• Support internal and external audit processes relating to treasury activities

Data Analysis and Financial Modeling

• Develop financial models to support strategic decision-making
• Analyze financial data to support business planning and investment decisions
• Provide scenario analysis and financial projections where required

Cost and Expense Analysis

• Monitor major airline operating costs such as fuel, maintenance, ground handling, and airport charges
• Analyze expense trends and provide variance explanations
• Support management in controlling operational costs

Budgeting and Forecasting

• Support preparation of annual budgets and financial forecasts
• Monitor actual performance against budget
• Analyze variances and provide explanations for management
• Assist in developing financial models and projections

Key Performance Indicators (KPIs)

• Timeliness and accuracy of daily cash flow reporting
• Accuracy of bank reconciliations
• Timely settlement of vendor and operational payments
• Compliance with treasury policies and financial controls