Controller Fleet

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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: Controller Fleet 

BASE: BUD - Office  

 

 

 

Purpose of the position:

 

The Controller Fleet reports directly to the Head of FP&A and Controlling and plays a critical role in optimizing fleet-related decisions and financial planning of aircraft and aircraft-related (‘fleet’) profit and loss, cash flows and financial position.

A key aspect of the purpose of the role is the forward planning of the fleet financials and notably the reporting of leased assets and liabilities under IFRS 16, throughout their life-cycle. The complex subject of modelling future maintenance obligations for the leased aircraft fleet is part of this.

The Controller Fleet is expected to be an agent of change and constantly looking for ways to improve processes in Fleet Development, Controlling and the larger organization, including supporting cross-functional projects. The Controller Fleet 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.
  • Set the annual budget and 3-Year plan for aircraft (‘fleet’) related (‘ownership’) costs, cash flow and financial positions.
  • Support the Business in performance management, providing insight into financial consequences of proposals and decisions and preparing accountability meetings with senior management, notably the monthly Ownership Cost Review.
  • Update the monthly rolling forecasts related to aircraft ownership for all three financial statements.
  • Perform variance analysis on the month-end close, operating plan and forecast numbers, build cost review presentations and present trends and analysis to management.
  • Intensive coordination with Financial Accounting, Financial Planning and Analysis and Maintenance Controlling to ensure that finance processes are covered end-to-end.
  • Partnering with Fleet Development, Maintenance and Procurement departments and being responsible for supporting and controlling their decisions and processes and in so doing minimizes the cost of ownership of the aircraft (related) assets.
  • Develop KPIs and dashboards to more effectively monitor and manage aircraft-related financials.
  • Identify, track, and drive cost savings related to fleet and fleet-related assets.
  • Conduct ad hoc and structural analysis, projects and reports to support the Head of Financial Planning & Controlling, the CFO and the wider Leadership Team and operating groups.
  • Responsible for the reliability, from a financial planning perspective, of the Maintenance Provisioning System in relation to fleet financials and the reports derived from it, analysing and reporting on the costs of aircraft employed in the Wizz Air Group network by the individual airlines on a monthly basis.

Take part from an early stage in setting up business cases underlying fleet-related decisions (related to phase-in and -out, aircraft specifications, tenders with OEMs, etc.).

 

Requirements:

 

  • A University degree is required, preferably with finance/economics/econometrics in the curriculum.  
  • 4 to 8 years of experience in financial/business controlling is required at a 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, aircraft asset financing/leasing and airline operations, in general, is an advantage.
  • Hardworking, ’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.
  • Quick in understanding complex systems.

 

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