Peak Performance Jobs

Description of the role

The CFO will be responsible for leading the Company’s financial strategy, financial planning and analysis, financial reporting, company audits, debt structuring and lender relationships. He/she will collaborate with the CEO and the Leadership Team to make decisions regarding the company's financial strategy and business performance.

This is an excellent opportunity for the preferred candidate to join a high performing team within a well-positioned aviation company with strong long-term shareholders, at a time of exciting growth for the Company.

Responsibilities

• Full Profit and Loss and Balance Sheet responsibility. Coordinate with staff to ensure that monthly, quarterly, and annual financial reporting is accurate and complete, as well as submitted to parent company (public) according to deadlines. 
• Work with financial staff to coordinate development of annual operating budget and rolling forecasts. Understand business and industry trends to manage updates of forecasts throughout the fiscal year.
• Full cash flow management, ensure cash flow is compatible with day-to-day operations, asset transactions and banking requirements.
• Involved in engine and aircraft transactions from a strategic and financial standpoint.
• Monitor and manage inventory analysis and costing activity.
• Manage and maintain banking relationship, including loan renewals and loan origination activity as well as communication of business trends, asset transactions. The ability to negotiate banking terms. Understand and manage bank covenants and adherence to loan requirements as well as monthly reporting. Work with attorneys to coordinate review of bank documents.
• Monitor and manage accounts receivables, including credit review process and customer payment/collection activity.
• Monitor and manage account payables, including preparing wire/ACH/check payments.
• Manage HR operations including payroll, 401k, health insurance and dental insurance.

Required skills and qualifications

• Five or more years of experience in executive leadership roles.
• Understanding of advanced accounting, GAAP and finance concepts. Business-related degree along with either an MBA or CPA preferred.
• Experience at a publicly held company preferred but not required.
• Excellent communication skills, detail oriented, advanced analytical skills.
• Experience in working directly with lenders.
• Proficiency with Microsoft Office suite and advanced Excel and modeling skills.

Apply or enquire to:

Cara McAvinney

cara@aircraftleasing.ie

Peak Performance Recruitment Ltd.
Specialist to the Aircraft Leasing & Finance Industry 
www.aircraftleasing.ie

The company is focused on mid to end of life commercial leasing with the end goal of engine tear down to supply their engine parts business. 

As the VP Technical this person is the most senior technical person within the company and will oversee due diligence of purchasing engines for the purpose of teardown and extracting used serviceable material.

The Role: 

• Provide technical assistance as required to support engine parts sales requirements.
• Comparing company’s inventory against competitors to assess competition in the market.
• Manage inventory to ensure appropriate material is repaired and ready for future orders.
• Reviewing and adjusting inventory levels to maintain product availability.
• Developing risk management procedures to mitigate losses in the event of product shortages.
• Gather technical data including AD’s, SB’s, interchangeability, and modifications.
• Oversee engine teardowns to ensure parts are removed and correctly received into inventory.
• Liaise with technical personnel to organize technical records, prepare marketing materials, and work through customer’s requests
• Review of BTB, BSIs, and engine component listing data to assist in daily modelling of potential CFM56/V2500 acquisition candidates for teardown. 
• Assist with the valuation of potential acquisitions and sale/lease opportunities
• Ability to identify opportunities for engine shop visit avoidance, including the amendment of lease re-delivery conditions, brokering of exchange engines, replacement with lease engines.
• Review of exchange material proposals including back to birth history for LLP/serialised part replacements
• Monitoring of fleet technical issues e.g. SB/AD’s or other, which may impact asset values
• Experience reviewing engine performance trend data for those CFM/V2500 engines to be considered with leases attached or serviceable/naked. 

Essential:

• Prior experience within an engine part or leasing company
• Experience with CFM56 and V2500 engine types
• Ability to communicate and interface at a high level both verbally and in writing with industry peers
• Prior experience purchasing engines for tear down of USM
• Knowledge of using Microsoft Excel
• A valid work permit for the USA
• Willingness to travel

The company is focused on mid to end of life commercial leasing with the end goal of engine tear down to supply their engine parts business. 

Duties will include:

• Lead records review activities associated with engine acquisition, leasing, and the exchange business in accordance with industry best-practices and protection of asset value
• Manage technical records resources internally and externally as needed, including resource planning, evaluation of consultant vs. in-house labor and technical records analysis
• Support of Asset Acquisition team in reviewing and modeling of CFM/V2500-A5 engines for teardown or lease.
• Review engine records for purchase, lease, sale and/or trading, including technical documentation related to operation and maintenance
• Research and verify compliance of airworthiness directives and service bulletins
• Contact operators and/or OEM's for missing documentation or records corrections as required
• Communicate with customers/operators as required on acquisition or sales projects
• Manage, mentor, and support other members of the team with projects or additional training

Job Requirements, Qualifications, & Competencies

Preferred qualifications

• Minimum 7 – 10 years of experience in aviation technical records.
• Bachelor’s degree or work experience equivalent required.
• CFM and V2500-A5 records experience.
• Demonstrated success in technical records management with a focus on engines.
• Must be a team player, adaptable to a fast-paced, changing environment.

Adept at Excel and Microsoft Office SuiteCritical Success Factors

• Must be confident working within a fast-paced, high-pressure, and fast-changing environment.
• Has an empathetic personality; collaborates well with others
• Is a self-starter, highly motivated and has the ability to work independently.
• Has excellent communication and organizational skills.

Apply:

For further information on this position please enquire in confidence to:

Cara McAvinney

cara@aircraftleasing.ie

+353 42 9419658

Peak Performance specialises in the recruitment for the aircraft leasing and business jet industry globally. For further information on our company and our jobs please view www.aircraftleasing.ie