Manager - Technical Services

Location:  Gurugram
|
Sep 17, 2026

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Position Title:

Manager – Engineering Finance

Job Code

TBD

Grade:

TBD

Function:

Engineering

Location:

Gurugram

Reports to:

Senior Manager – Engineering Finance

Role Level:

TBD

 

  1. Job Purpose

Lead financial strategy and governance for Engineering operations, ensuring optimal utilization of an annual budget of ~$1Bn. Drive cost leadership, data-backed decision-making, and robust financial controls to support fleet reliability, operational efficiency, and long-term value creation.

  1. Key Accountabilities

 

Budget Ownership & Cost Strategy

  • Own planning, monitoring, and optimization of ~$1Bn Engineering budget
  • Drive multi-year cost transformation roadmap across maintenance, contracts, inventory, and fleet programs
  • Ensure alignment with AOP while proactively identifying risks and mitigation actions

Cost Optimization & Value Creation

  • Lead identification and execution of structural and tactical cost-saving initiatives
  • Drive financial evaluations for MRO contracts, OEM negotiations, lease returns, heavy checks, and retrofit programs
  • Track savings realization vs. plan with clear accountability and governance

Strategic Decision Support

  • Lead financial modelling (make vs. buy, repair vs. replace, fleet strategy, timing optimization)
  • Provide scenario-based insights and sensitivity analysis for leadership decisions
  • Influence long-term engineering strategy through fact-based financial insights

Financial Governance & Compliance

  • Ensure strict adherence to DoA, financial controls, and approval frameworks
  • Own audit readiness (internal/statutory/regulatory) with strong documentation and defensibility
  • Identify control gaps and institutionalize robust, scalable processes

PF&A & Executive Reporting

  • Own end-to-end Engineering PF&A including deep variance analysis (AOP, YoY, MoM)
  • Deliver CEO/CFO/Board-ready insights on cost drivers, trends, and forward risks
  • Ensure accuracy in provisioning, accruals, capitalization, and financial reporting

Strategic Programs & Contracts

  • Provide finance leadership on high-value contracts (OEMs, MROs, lessors) and amendments
  • Evaluate long-term financial impact of fleet, reliability, and transformation initiatives
  • Lead financial input for CEO/EOC/Board approval notes

Digital Enablement & Process Excellence

  • Drive automation of reporting, reconciliations, and performance tracking
  • Enhance SAP–AMOS–BI integration for improved data integrity and decision-making
  • Reduce manual interventions and turnaround time in finance processes

Industry Benchmarking & Insights

  • Lead benchmarking against global airlines and MRO practices
  • Translate insights into actionable efficiency and cost-improvement initiatives
  • Build institutional knowledge on engineering cost competitiveness

Stakeholder Leadership & Team Management

  • Lead and mentor a team of finance professionals within Engineering Finance
  • Act as a trusted advisor to Engineering, Supply Chain, Planning, and Procurement leadership
  • Drive a high-performance culture with strong accountability and capability building

 

Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.

  1. Skills/Qualities Required
  • Exposure to aviation, engineering, operations, or regulated industries
  • Familiarity with financial modelling, investment appraisal and management reporting
  • Understanding of corporate governance
  • Strong commercial acumen – ability to identify cost‑saving levers and evaluate financial impact of engineering decisions.
  • Data‑driven mindset – comfortable translating complex data into clear, actionable insights for leadership.
  • High compliance orientation – disciplined approach to DoA adherence, audit readiness, and financial governance.
  • Stakeholder partnering skills – effective collaboration with Engineering, Procurement, Planning, and senior leadership.
  • Analytical rigor with execution focus – balances deep analysis with timely, practical decision support.

 

  1. Key Performance Indicators

 

  • Budget adherence and cost optimization impact
  • Savings delivered vs. targets
  • Accuracy and timeliness of PF&A reporting
  • Audit outcomes and compliance metrics
  • Contract value realization and negotiation impact
  • Process efficiency and automation outcomes
  • Team capability and engagement

 

 

 

 

  1. Skills & Competencies
  • Strong commercial acumen with demonstrated ownership of large budgets
  • Expertise in financial modelling, business case evaluation, and strategic finance
  • Deep understanding of financial governance, controls, and audit frameworks
  • Data-driven mindset with proficiency in SAP/analytics tools
  • Strong stakeholder influencing and leadership skills
  • High execution rigor with ability to balance strategy and delivery

 

 

 

  1. Educational and Experience Requirements
  • MBA/CA/CFA or equivalent in Finance/Strategy/Analytics
  • 7-8 years of relevant experience, with exposure to Engineering, Aviation, Operations-intensive, or regulated industries
  • Prior experience in handling large-scale budgets and cross-functional leadership roles