Icelandair is a lively workplace with operations in Iceland, Europe, and North America. We are one of Icelands largest and most diverse companies and work in an international, ever-changing environment. We fly to multiple cities in Europe, the United States, and Canada, as well as destinations withi
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Director of Business Control
Job Description:

Icelandair is a lively workplace with operations in Iceland, Europe, and North America. We are one of Icelands largest and most diverse companies and work in an international, ever-changing environment. We fly to multiple cities in Europe, the United States, and Canada, as well as destinations within Iceland and in Greenland.

We are seeking an experienced and strategic Director of Business Control to lead our business control functions, including financial planning and performance management. This is a critical leadership position that partners with senior management across the airline to drive decision-making, improve financial outcomes, and ensure alignment with our long-term goals.

Key Responsibilities

  • Lead the Business Control team and oversee financial planning and forecasting processes across the organization.
  • Provide strategic financial insights to challenge & support operational and commercial decision-making.
  • Drive the analysis of business performance, identifying risks and opportunities to improve profitability.
  • Develop and implement robust control and efficiency improvement initiatives and play a leading role in the company’s transformation journey.
  • Collaborate with senior leadership to align business strategies with financial performance targets.
  • Ensure accuracy and transparency of financial reporting, KPIs, and variance analyses.
  • Lead financial governance, ensuring compliance with internal policies.
  • Support major business cases, capital investments, and strategic projects with financial analysis and modeling.

Requirements

  • Bachelor’s degree in Finance, Business Administration, or a related field (Master’s or MBA preferred).
  • At least 10 years of progressive experience in financial planning and analysis and performance management, ideally within transportation, or travel industry.
  • Proven track record of managing teams and partnering with executive leadership.
  • Strong analytical and strategic thinking skills with a commercial mindset.
  • Deep understanding of cost structures and revenue models in the transportation sector.
  • Proficiency in financial systems and tools (e.g., Cognos, Oracle, Power BI, or similar).
  • Excellent communication and stakeholder management skills.

Icelandair‘s policy promotes equality and diversity among employees and encourages individuals of all genders to apply.

Applicants who do not have an Icelandic ID number (kennitala) are kindly asked to enter 000000-0000 in the appropriate field.

The application deadline is June 6th, 2025.

For further information please contact:

Ívar S. Kristinsson, CFO, iskicelandair.is

Elmar Bergþórsson, Talent Manager, elmarbicelandair.is

Company Details
IcelandAir
Vatnsmýri Reykjavik Airport
Reykjavík, Iceland, International 101 International
www.icelandair.com/
16 Open Jobs Available
Icelandair is a leading airline offering flights to, from, via and within Iceland - our hub and home. Our mix of Boeing aircraft is perfectly suited to serve Icelandair’s route network, which is designed around the unique geographical location of Ice...
(Job and company information not to be copied, shared, scraped, or otherwise disseminated/distributed without explicit consent of JSfirm, LLC)
Job Info
Location
Reykjavík, Reykjavik, Iceland
Type
Permanent
Company Details
IcelandAir
Vatnsmýri Reykjavik Airport
Reykjavík, Iceland, International 101 International
www.icelandair.com/
16 Open Jobs Available
Icelandair is a leading airline offering flights to, from, via and within Iceland - our hub and home. Our mix of Boeing aircraft is perfectly suited to serve Icelandair’s route network, which is designed around the unique geographical location of Ice...

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