Assistant Manager/Manager
7 days ago
Job Description IndiGo's Aircraft Acquisition & Financing department is seeking a highly analytical and driven individual to join us as an Assistant Manager/Manager - Aircraft Acquisition. In this role, you will play a pivotal part in shaping IndiGo's fleet, supporting critical commercial decisions, and managing complex contracts with major aviation vendors. If you are a finance professional with a keen eye for detail and a knack for strategic negotiation within the aviation sector, this opportunity is for you. 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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