22 Sep
|
Air India
|
India
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 solid 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 (India)
🏢 Air India
📍 India