Senior Analyst Business Finance (FP&A) - SITA Switzerland Sarl

WELCOME TO SITA  

SITA is the leading specialist in air transport communications and information technology. We don’t just connect the global aviation industry, we apply decades of experience and expertise to address almost every core business, operational, baggage, and passenger process in air transport. As an organization, we cover 95% of all international air travel destinations and work with over 2,800 air transport and government customers in every corner of the globe. Immerse yourself in the dynamic world of technology while embracing our collaborative, and inclusive culture.  

Ready to redefine air travel? The journey starts here, with you at SITA.  

ABOUT THE ROLE & TEAM:  

Responsible for FP&A (financial planning and analysis), financial performance reporting & forecasting for revenue, cost and profitability for complex contracts / projects or Programmes across SITA.

Support to the FP&A team and Sr. Management by providing key data to ensure revenue, cost and profitability targets are achieved - Business Partner role with a special focus on FP&A and financial reporting while ensuring that revenue is recognized based on various contract specific implications and reconciled with contract specific balance sheet positions. This role reports to the Senior Manager – Business Finance.

 WHAT YOU WILL DO:

Financial Planning and Analysis

• Detailed financial analysis to evaluate business performance, identify trends, and highlight areas of improvement. Monitor budget vs. actual performance, investigate variances, and provide actionable recommendations to optimize resource allocation and drive cost efficiency
• Prepare comprehensive financial reports and presentations for senior management, providing insights into key KPIs, variances, and performance drivers
• Develop and maintain financial models to support actual reporting, forecasting and budgeting

• Working as a business partner to the Commercial and Project Managers to drive financial discipline
• Collaborate with cross-functional teams to develop annual budgets and periodic forecasts, ensuring alignment with organizational goals and objectives
• Support Senior Manager Business Finance and Regional CFO with key analytics needed to drive business
• Identify the potential to automate and streamline processes, improve financial controls, and implement best practices to drive efficiencies

Revenue Recognition and Cost Control

• Work with Accounting for month end closing, includes generating accruals / deferrals as appropriate. Prepare Monthly P&Ls and review with Project/Commercial managers
• Drive accurate coding of data to allow contract & project tracking in both P&L and Balance sheet, e.g. accruals, deferrals, Inventory / Asset tracking.
• Reporting current year performance into the Portfolios, including actuals, reasons for variances, project forecast, highlighting financial risks, to allow the Business Units to complete their monthly forecast exercise.
• Liaise with local and regional accountants to ensure proper accounting on statutory books.
• Oversee revenue recognition processes, ensuring compliance with accounting standards and company policies
• Analyze customer contracts to determine appropriate revenue recognition treatment, considering factors such as deliverables, milestones, and performance obligations
• Monitor project costs and expenses, tracking actuals against budgeted amounts and forecasted estimates
• Conduct variance analysis to identify discrepancies, investigate root causes, and establish corrective actions to mitigate cost overruns
• Reconcile contract-specific balance sheet positions, ensuring accuracy and completeness of financial data related to project assets, liabilities, and provisions

EXPERIENCE:

• Bachelors in accounting or finance required (MBA preferred)
•  4+ years of Financial Analysis (FP&A) experience working within large complex and matrix environments
• Fluency in English (Spanish and/or Portuguese is a plus)
• Previous experience and understanding of project control practices
• Possess strong financial analysis skills and experience in financial modeling in excel
• Detail oriented, ownership driven individual with ability to take on a lead role the finance team

• Proven track record of driving process improvements, implementing financial controls, and delivering results in a fast-paced, dynamic environment
• Ability to communicate effectively and influence commercial, delivery, operational and financial stakeholders and all levels of the organization 

WHAT WE OFFER:   

At SITA, we disrupt the status quo, by empowering our people to pioneer innovations that touch the lives of billions. Bringing together diverse minds from across the globe, we foster a dynamic and positive workplace culture, that values our talented team members for their contributions and dedication. Check out our core benefits, enabling our people across the globe: 

Flex Week: Work from home up to 2 days/week (depending on the needs of your team and your customers) 

⏰ Flex Day: Shape your workday to suit your life and your plans. 

Flex-Location: Take up to 30 days a year to work from any location in the world. 

Employee Wellbeing: We’ve got you covered with our Employee Assistance Program (EAP), available to you and your dependents 24/7, 365 days/year, and Champion Health – a personalized, proactive platform to support diverse wellbeing needs.

Professional Development: Level up your skills with our training platforms, including LinkedIn Learning! 

Competitive Benefits: Access competitive benefits tailored to the local market and your employment status.

SITA is an Equal Opportunity Employer M/F/Disability/Veteran.  SITA does not discriminate based on age, race, color, creed, religion, national origin, sex, sexual orientation, gender identity, disability, marital status, age, Vietnam Era Veteran status, or any other characteristic protected by state or federal law.

 SITA is committed to assuring equal employment opportunity and equal access to individuals with disabilities. SITA will provide reasonable accommodation to a qualified individual with a disability to enable such individual to perform the essential functions of the position for which he/she is applying or in which he/she is employed.

 SITA's equal employment opportunity policy applies to all employment practices and actions, including, without limitation, recruitment, application process, examination and testing, hiring, training, disciplinary actions, rate of pay or other compensation, advancement, classification, transfer, reassignment and promotions.