Finance Fleet Analyst

Job Description

TUI Business:

TUI Airline

Band:

5

Location(s):

United Kingdom | Luton | LU2 9TN | Wigmore House
Rijswijk, NL, 2284 DH
Hannover, DE, 30159
Stockholm -Arlanda, SE, 190 45

Zaventem, BE, 1930

Hours per week:

Depending on local regulations

Type of contract:

Permanent

TUI Group is the world’s number one integrated tourism business. Within TUI Group, TUI Airline regroups all airline activities across UK, Nordics, Belgium, The Netherlands, Germany, Spain, Morocco, France, and the Dutch Antilles. The Engineering and Maintenance Finance team is a function within our airline organisation responsible for €0.5bn Engineering & Maintenance cost base. The Engineering and Maintenance function operates as a multi-disciplinary team of experts driving efficiency and innovation.

As Finance Analyst – Fleet Transitions, your focus will be to support the business during a period of significant change across the airline fleet with the continued introduction of the 737 Max aircraft replacing the older 737 NG fleet and in the strategic analysis on the long-haul fleet reporting into the Finance Manager – Powerplant and Fleet Transitions. A key requirement for the role is to be pro-active and enjoy problem solving to improve processes and manage multiple streams of work. Maintaining and adhering to the control framework to ensure accurate maintenance reserving and P&L forecasting. Delivering continuous improvement & simplification of key existing models and financial systems.

In this role, you’ll report to the Finance Manager – Powerplant and Fleet Transitions.

ABOUT THE JOB

As Finance Analyst – Fleet Transitions, you’ll be responsible for:

• As Finance Analyst – Fleet Transitions you will be responsible for the modelling on fleet transition activities for new aircraft entering the fleet, fleet extensions and exits. You will work with business partners in the Fleet and Engineering teams to ensure that costs of transitions are reported accurately and are forecasted.
• In addition to fleet movements, you will own the end-to-end financial management of costs related to the Auxiliary Power Unit component (APU) major overhaul programme across all airlines. This includes building provisions for the major overhaul events under the terms of the aircraft leases and management of the balance sheets.
• Support the creation of the optimum aircraft lifecycle model in collaboration with the Finance Manager and Aircraft Asset & Business Management (AABM) department based upon the inputs from both Finance and Engineering. You will do this by maintaining the Life Cycle and Reserve model inputs such as maintenance date, location and cost assumptions, as well as executing the accounting adjustments required to embed any optimisation decisions into our maintenance provisions.
• A key part of the role will be driving continuous improvement activities within the Engineering Finance Team, including any IT /Analytics projects in this area. This involves the constant review and evaluation of the processes in place as well as the closing and reporting activities.

ABOUT YOU

• Part qualified (or studying towards professional qualification of ACA, ACCA, CIMA or equivalent)
• Strong analytical & presentational skills.
• Eager to learn and a born self-educator.
• Structured and coordinated and excellent attention to detail and accuracy, including the review of contracts.
• Adapts communication to match audience.
• Ability to work to tight deadlines ad proactively manage own workload.
• Strong knowledge of excel, including vlookups and pivot tables.
• Role requires strong business English, both spoken and written, and may involve some international travel

ABOUT OUR OFFER

• Working in the leading global tourism group: We stand for intercultural cooperation and offer the opportunity to work in international projects and teams.
• Mobile working, flexible working hours and working from abroad: We believe that work is something you do, not where you go.
• Development and career opportunities: We promote the potential of our employees with a wide range of (digital) training opportunities and international career opportunities.
• Personal benefits: We offer attractive remuneration, generous travel benefits, extensive health & wellbeing offers and much more.
  

​​We love to see your uniqueness shine through and inspire the future of travel.​ If you would like to read more about what Diversity & Inclusion means to us simply visit Our DNA

If you require any further information regarding this opportunity, please email careers@tui.co.uk

We really value your interest in TUI and will be back in touch with you shortly after the application closing date.