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Assistant Manager/Manager - Aircraft Acquisition

2 - 6 years

3 - 7 Lacs

Posted:16 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Assistant Manager/Manager - Aircraft Acquisition

Responsibilities

Contract Negotiations and Management of Existing Contracts:

  • Support IndiGo's senior management in making key commercial decisions with various vendors such as Airbus, Pratt & Whitney, CFM, and Rolls-Royce.
  • Liaise with various stakeholders to ensure that key commercial decisions and operating challenges are accurately captured in contracts or amendments.
  • Take ownership of contract administration, ensuring timely action for any information or decisions required as per specified timelines.
  • Provide troubleshooting for any contractual issues and maintain constant dialogue with various internal and external stakeholders.
  • Ensure correctness in the computation of pricing, escalations, and liquidated damages under various contracts.

Fleet Planning and Monitoring:

  • Monitor aircraft deliveries and exits, keeping track of the fleet's dynamic status.
  • Model various long-term growth scenarios as required by management to support strategic planning.
  • Track various parameters on the fleet as required by engine contracts, ensuring compliance and performance monitoring.

Aircraft Specification Selections and Performance Analysis Support:

  • Liaise with various departments to select specific items, such as international equipment, with OEMs.
  • Regularize on a continuous basis various changes on aircraft, including Service Change Notices (SCNs) and Major Service Change Notices (MSCNs).
  • Analyze Layout of Passenger Accommodation (LOPAs) and assess aircraft performance data, which includes fuel burn and range.

Financial Modelling for Various Critical Business Decisions:

  • Perform extensive number crunching and develop Excel models to compare per-month aircraft costs and various unit cost metrics across different aircraft types in the fleet.
  • Analyze various engine maintenance costs and fuel burn data.
  • Model lessor maintenance reserves to support financial planning and decision-making.

Presentations and External Liaising:

  • Prepare comprehensive presentations required for senior management, aiding in strategic reviews.
  • Liaise with lessors on a day-to-day basis for aircraft maintenance events, Letter of Credit (LC) reconciliations, and other related matters.

Skills

  • Strong analytical and numerical abilities for complex financial modeling and data interpretation.
  • Exceptional negotiation and contract management skills.
  • Excellent interpersonal and communication skills to liaise with diverse internal and external stakeholders.
  • High attention to detail and accuracy, particularly in financial computations and documentation.
  • Ability to work under pressure and manage multiple priorities effectively.
  • Proficiency in Microsoft Excel for advanced financial modeling and data analysis.
  • Strong presentation skills for senior management reporting.

Qualifications

  • CA (Chartered Accountant)

  • MBA

    from a premier institute
  • CFA (Chartered Financial Analyst)

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