Summary
Reporting to the Manager / Director FP&A, you will play a key role in managing financial matters related to aircraft payment management ensuring that rent, maintenance rental and delivery payments are processed on time. You will also contribute to budgeting and forecasting activities, and support ongoing system enhancements to improve financial processes and operational efficiency.
Responsibilities
Job Description
Aircraft and insurance
- Point of contact for all aircraft / fleet related matters
- Managing aircraft leasing process - from day 1 contracting to end of lease delease activities (activities include contract review, rent-fixing, processing of monthly rent, maintenance reserves and claims, liaising with Treasury team on bank letter of credit), provide support to Legal and Engineering teams on lease-related matters
- Verify and check aircraft pre-delivery and final-delivery invoices from Airbus and Boeing against contractual rates, ensuring payment is duly processed prior to each aircraft's delivery
- Review of amendments to Airbus / Boeing agreements and providing support to Legal, Engineering, Corporate Planning teams during contract negotiations
- Maintaining fleet profile and monitoring of key dates (such as early termination notice), ensuring that data is kept up to date
- Handling of insurance claims submitted by internal stakeholders
- Monitoring on claim statuses and ensure timely settlement by insurer/reinsurers
- Gather and review relevant data from multiple departments within Scoot; compile underwriting information for submission to insurance brokers
- Review of contracts - financial / insurance related clauses
Management Reporting - Forecast / Budget
- Assist Business Units (BUs) in drawing a comprehensive budget by validating assumptions and ensuring all costs are accounted for to support accurate financial planning for the upcoming year or periods
- Consolidate all submissions and prepare for management's review
- Address queries from BUs related to expenditure accounting, providing guidance and clarification as needed
- Explain variances between actual / forecast / budget
Projects
- Supporting the ongoing system implementation / enhancements
Requirements
Any other reporting/ analysis as required
- Degree in Accounting and Finance or equivalent
- Proficient in Microsoft Office, including Word and Excel
- Prior experiences with Netsuite, Workday Adaptive Planning a plus
- Good inter-personal and communication skills.
- Self-driven, able to work independently and in a team, and perform well under pressure.
- Well organized and meticulous
- Proactive and able to adapt to a fast paced environment
- Good team player
