Associate Manager - Engineering Finance

3 - 6 years

5 - 8 Lacs

Posted:3 hours ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description

Position

Title:

Sr. Analyst

Job

Code

TBD

Grade:

TBD

Function:

Engineering

Location:

Gurugram

Reports

to:

Engineering Finance Lead

Role Level:

TBD
  1. Job

    Purpose

Seeking a highly capable and motivated Sr. Analyst Engineering Finance to join our finance team in Gurgaon. This role will be pivotal in driving financial performance through deep analysis, cost control, robust budgeting and forecasting, and strong financial governance within the engineering and aircraft maintenance function. The ideal candidate should bring solid financial acumen, analytical rigor, and a deep understanding of the aircraft maintenance business.

  1. Key

    Accountabilities

  • Lead the monthly and quarterly closing processes for engineering cost reporting.
  • Conduct detailed cost variance analysis and provide actionable insights to senior management.
  • Prepare and manage engineering budgets, forecasts, and long-range planning models.
  • Design and implement robust internal financial control mechanisms to ensure compliance and accuracy.
  • Act as a finance business partner intra-department and inter-department to support the business function and decision-making.
  • Monitor key cost drivers such as labor hours, material consumption, third-party vendor spends, and airframe/engine maintenance events.
  • Present performance reports and business review decks to leadership with meaningful narratives and recommendations.
  • Drive automation and process improvement initiatives across engineering finance workflows.
  • Liaise with auditors and internal control teams for financial reviews and SOX/internal audit requirements.
  • Support commercial and contract evaluation for major engineering spends (e.g., LTAs, engine shop visits, PBH arrangements).
  • Maintain and enhance cost models, benchmarking, and analytical tools for continuous cost optimization.

  1. Skills/Qualities

    Required

Budgeting & Forecasting
Vendor Relationship Management
Financial Modeling & Analysis
Accounts Payable
Cost Reporting & Investment Appraisal
Stake Holder Management

  1. Key

    Performance

    Indicators

Financial Accuracy and Compliance

  • Data Integrity Assurance
  • Financial Liability Compliance
  • Reconciliation Precision Rate

Stake holder Management

  • Reporting Timeliness
  • Credit worthiness

Inventory Management

  • Inventory Closure Efficiency

Capital Expenditure Management

  • CAPEX Monitoring & Reporting

  1. Key

    Interfaces

Internal Interfaces

Engineering Department
  • Collaboration with the Engineering sub-department is essential for cost analysis, understanding the requirements, and ensuring accurate financial reporting aligned with Engineering activities.
Finance Department
  • Close interaction with the Finance department is necessary for record to report, managing financial data, and ensuring compliance, internal financial controls with financial policies and procedures.

External Interfaces

Engineering Vendors
  • Maintaining effective communication and relationships with Engineering vendors is vital for invoice coordination, payment processing, and resolving any issues related to financial transactions or vendor services.

  1. Educational

    and

    Experience

    Requirements

Minimum

Education

requirements

  • Bachelor s degree in finance, Accounting, Business Administration, or a closely related field.
  • Master s degree is preferred.

Experience

Minimum

Desired

  • 3-5 years of relevant experience in finance, accounting, or a related field, preferably in an aviation or engineering industry setting.
  • 5-6 years or more of progressive experience in finance, accounting, or a related field, with a focus on financial analysis, vendor management, and data reconciliation.
  • Experience with financial software systems and tools, such as AMOS or other ERP systems, is advantageous.
  • Demonstrated experience in managing and analyzing large datasets

Reviewed

By

Date

Signature

Approved

By

Date

Signature

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
Air India logo
Air India

Aviation

Mumbai

RecommendedJobs for You

Hyderabad, Ahmedabad, Bengaluru

Coimbatore, Tamil Nadu, India