Associate Manager - Engineering Finance

Location: Gurugram

Jul 18, 2025

Unsupported image type.

Position Title:	Sr. Analyst
Job Code	TBD	Grade:	TBD
Function:	Engineering	Location:	Gurugram
Reports to:	Engineering Finance Lead	Role Level:	TBD

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.

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.

Skills/Qualities Required

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

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

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.

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