Commercial Controller

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Date: Jun 17, 2022

Location: Budapest, HU, H-1103

Company: Wizz Air Hungary Ltd.

 

 

WELCOME TO THE WORLD OF OPPORTUNITY!

 

Wizz Air, the fastest growing European low-cost airline, operates a fleet of 145 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 10.2 million passengers in the financial year ending 31 March 2021. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world's top ten safest airlines by airlineratings.com, the world's only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, and a most sustainable company in the airline industry in 2021 by World Finance Magazine.

 

JOB TITLE: Commercial Controller 

BASE: BUD - Office  

 

 

 

Purpose of the position:

 

The Commercial Controller reports directly to the Head of FP&A and Controlling and plays a critical role in driving the goals and profitability of the company.

The Commercial Controller challenges the Revenue management and Network Development departments on the quality of their budgets, forecasts and their decision-making in general, for which purpose analytical reviews need to take place.

The Commercial Controller supports the Business in performance management, provides insight into the financial consequences of proposals and decisions and prepares accountability meetings with senior management, notably the monthly Route Profitability Meeting. 

The Commercial Controller is expected to be an agent of change and constantly looking for ways to improve processes of the Commercial organization and the larger organization, including supporting cross-functional projects. The Commercial Controller must be an effective communicator and is responsible for raising issues to the Leadership Team members and Heads of Functions in the organization.

 

Responsibilities:

 

  • Promote the Wizz Air ultra-low cost principles throughout the company.
  • Challenge/be involved with the annual revenue budget and 3-Year plan.
  • Update the weekly revenue and monthly rolling forecasts.
  • Partnering with the Commercial team and being responsible for supporting and controlling primarily the Network Development and Revenue Management teams and -processes. Coordinate with the other Commercial departments (Marketing & Communications, Customer Experience, Digital Revenue) and Managing Directors of the individual airlines in the Group to make sure that the maximum level of revenue is achieved at the lowest possible cost.
  • Responsible for the reliability of the Route Profitability System and the reports derived from it and analyze and report on the profitability of the network and the individual airlines in the Group on a monthly basis.
  • Take part from an early stage in setting up business cases underlying network decisions (e.g. opening/closing/frequency of routes) and new products (ancillary revenues).
  • Work closely together with the Commercial departments to build the annual revenue budget, be involved with the update of the weekly and monthly rolling revenue forecasts and to develop KPI’s to effectively monitor, challenge and manage the business.
  • Understand and where needed challenge the Revenue Management, Network development and Digital Revenue departments, for example by setting up a standalone revenue forecasting model with which departmental forecasts can be challenged.
  • Work with the Leadership Team and Heads of Functions within the Commercial organization to improve the speed, accuracy, and reporting of the annual budget and weekly forecast process, including but not limited to an active involvement in updating the weekly revenue forecast.
  • Perform variance analysis on the month-end close and forecast numbers, build revenue and cost review presentations, and present trends and analysis to management.
  • Develop KPI’s and dashboards to more effectively monitor and manage the business.
  • Identify, track, and drive cost savings and margin initiatives throughout the company.
  • Conduct ad hoc and structural analysis, projects and reports to support the Head of Financial Planning & Controlling, the CFO and wider Leadership Team and operating groups.

 

Requirements:

 

  • University degree is required, preferably with finance/economics/econometrics or operations research/applied mathematics in the curriculum.  
  • 6 to 8 years of experience in financial/business controlling is required at minimum.
  • Excellent skills in MS Office (Excel notably), experience with BI tools (e.g. MS PowerBI) and Corporate Performance Management tools (e.g. Anaplan).
  • Background in and understanding of airline processes and operations in general is an advantage.
  • Hard working, ’can do’, attitude, working in a fast paced environment.
  • Strong analytical skills.
  • Willingness to dive into the details, striving for continuous improvement.
  • Able to step forward and communicate the message; outgoing, good presentation skills.
  • Commercial acumen.
  • Quick in understanding complex systems.

 

 

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