SummaryReporting 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 sup
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Assistant Manager, Aircraft Payments and FP&A
Job Description:

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:

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 aircrafts 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 managements 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 

Any other reporting/ analysis as required

Requirements:

  • 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

Company Details
Scoot Airlines
5 Airline Road, Airline House
Singapore, Singapore Singapore, International 819829 International
www.flyscoot.com/
94 Open Jobs Available
Scoot is a low-cost airline and subsidiary of Singapore Airlines (SIA). Scoot's mission is to connect people and cultures, and to innovate and push boundaries
(Job and company information not to be copied, shared, scraped, or otherwise disseminated/distributed without explicit consent of JSfirm, LLC)
Job Info
Location
Singapore, Singapore, Singapore
Type
Permanent
Company Details
Scoot Airlines
5 Airline Road, Airline House
Singapore, Singapore Singapore, International 819829 International
www.flyscoot.com/
94 Open Jobs Available
Scoot is a low-cost airline and subsidiary of Singapore Airlines (SIA). Scoot's mission is to connect people and cultures, and to innovate and push boundaries

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