Manager - Technical Services
Air India · Haryāna, Haryana, India
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Air India · Haryāna, Haryana, India
Location: Gurugram | Sep 17, 2026 Position Title: Manager – Engineering Finance Job Code TBD Grade: TBD Function: Engineering Location: Gurugram Reports to: Senior Manager – Engineering Finance Role Level: TBD • 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. • KeyAccountabilities 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. • Skills/QualitiesRequired • 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. • KeyPerformanceIndicators • 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 • 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 • EducationalandExperienceRequirements • 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