Position Title:

Manager – Engineering Finance

Job Code

TBD

Grade:

TBD

Function:

Engineering

Location:

Gurugram

Reports to:

Senior Manager – Engineering Finance

Role Level:

TBD
- Job Purpose

Lead financial strategy and governance for Engineering operations, ensuring optimal utilization of an annual budget of ~$1Bn. Drive cost leadership, data-backed decision-making, and robust financial controls to support fleet reliability, operational efficiency, and long-term value creation.
- Key Accountabilities

Budget Ownership & Cost Strategy
- Own planning, monitoring, and optimization of ~$1Bn Engineering budget
- Drive multi-year cost transformation roadmap across maintenance, contracts, inventory, and fleet programs
- Ensure alignment with AOP while proactively identifying risks and mitigation actions

Cost Optimization & Value Creation
- Lead identification and execution of structural and tactical cost-saving initiatives
- Drive financial evaluations for MRO contracts, OEM negotiations, lease returns, heavy checks, and retrofit programs




- Track savings realization vs. plan with explicit accountability and governance

Strategic Decision Support
- Lead financial modelling (make vs. buy, repair vs. replace, fleet strategy, timing optimization)
- Provide scenario-based insights and sensitivity analysis for leadership decisions
- Influence long-term engineering strategy through fact-based financial insights

Financial Governance & Compliance
- Ensure strict adherence to DoA, financial controls, and approval frameworks
- Own audit readiness (internal/statutory/regulatory) with strong documentation and defensibility
- Identify control gaps and institutionalize robust, scalable processes

PF&A; & Executive Reporting
- Own end-to-end Engineering PF&A; including deep variance analysis (AOP, YoY, MoM)
- Deliver CEO/CFO/Board-ready insights on cost drivers, trends, and forward risks
- Ensure accuracy in provisioning, accruals, capitalization, and financial reporting

Strate

📌 Manager - Technical Services (Gurugram)
🏢 Air India
📍 Gurugram