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)
