Sr. Manager - Corporate Planning

Date: 23-Jan-2023

Location: Gurgaon

Company: TATA SIA Airlines Limited

Job Overview

To lead Aircraft purchasing and Fuel procurement.

Key Responsibilities

  • Determine the optimal financial structure for the aircraft, coordinate with lessors / financiers to secure aircraft financing, manage relationship with all parties involved
  • Lead the fuel procurement exercise; negotiation with fuel vendors for timely commercial closure of the annual procurement exercise, monitor monthly reports, and manage relationship with all parties involved
  • Liaise with the Aircraft manufacturer and the Aircraft lessor for documentation with respect to delivery and redelivery of Aircraft
  • Manage payments of Lease Rentals and Supplemental Rentals and assist in setting up Letters of Credit
  • Support the team in negotiating Aircraft and Engine Agreements / LOIs, etc.
  • Manage training credits, claims and other credit memorandums with OEMs and Lessors
  • Negotiate and assist the Lessor, legal counsel, tax counsel, etc. with novation and other financing or re-financing transactions
  • Handle the technical and commercial closure of the Aircraft RFP, prepare aircraft evaluation model, and liaison with all internal and external stakeholders
  • Perform commercial due diligence as part of contract negotiation / renegotiation exercises
  • Run economic evaluation for corporate development, right-sourcing and any other projects serving the business need of the company

Skills & Attributes

  • Advanced financial modelling skills and proficient in MS Office
  • Ability to interpret and derive meaningful results from financial statements and large data sets
  • Self-starter and strong eye for detail
  • Effective communication skills

Work Experience

  • Minimum 4 years of experience

Qualification

  • Graduate from a recognized university

Eligibility

  • Must be at a level of Sr. Manager (2B) or 1 level lower than the position
  • Minimum tenure in the current role and level – 18 Months as of date of IJP and must have attained minimum performance rating of GP3 in the last appraisal
  • Must be “confirmed’’ in service

 

Location

  • Gurgaon

Note

All Vistara employees are required to be fully vaccinated against COVID-19