Flexa
TUI Group • Luton, United Kingdom

Finance Analyst - Airframe Assets

Employment type:  Full time

Remote-first

A little flex time

Job Description

TUI Business:

TUI Airline

Band:

5

Location(s):

United Kingdom | Luton | LU2 9TN | Wigmore House
Hannover, DE, 30159
Rijswijk, NL, 2284 DH
Brussel, BE, 1000

Stockholm -Arlanda, SE, 190 45

Hours per week:

Full time hours

Type of contract:

Permanent

TUI Group is the world’s number one integrated tourism business. Within TUI Group, TUI Airline regroups all airline activities across UK, Nordics, Belgium, The Netherlands, Germany, Spain, Morocco, France, and the Dutch Antilles. The Engineering and Maintenance Finance team is a function within our airline organisation responsible for €0.5bn Engineering & Maintenance cost base. The Engineering and Maintenance function operates as a multi-disciplinary team of experts driving efficiency and innovation.

As Finance Analyst – Airframe Assets, your focus will be to support the financial optimisation of costs in reation to the Airframe maintenance and asset management strategy reporting into the Finance Manager – Airframe Assets. A key aspect of the role is the delivery of Aviation Finance objectives, including the provision of clear and timely management information. Maintaining and adhering to the control framework to ensure accurate maintenance reserving and P&L forecasting. Delivering continuous improvement & simplification of key existing models and financial systems.

In this role, you’ll report to the Finance Manager – Airframe Assets.

ABOUT THE JOB

As Finance Analyst – Airframe Assets, you’ll be responsible for:
• As Finance Analyst – Airframe Assets you will be responsible for processing all financial activities in relation to provisioning for key maintenance events on the airframe assets across the group (D-checks, C-checks, Cabin care, Painting, Landing Gear, EOL work). The role will take the financial lead for the forecast, balance sheet and actual performance of the airframe asset spend across Aviation. This role will be fundamental in supporting the financial activities of the platformed Engineering and Maintenance reserving function to ensure alignment across Aviation. The role maintains c.€0.2bn balance sheet reserves for airframe assets, ensuring balances are accurate, aligned, up to date, well-presented and reported.
• You will also be responsible for providing accurate financial information on fleet movements relating to airframe assets, including entry into service of new aircraft, aircraft transfers across group airlines and lease extensions.
• IFRS16 Accounting and IAS37 provisioning is also implemented across several group airlines, the role will therefore involve understanding the key differences between the two standards and how these apply to our maintenance provisions.
• Support the creation of the optimum aircraft lifecycle model in collaboration with the Finance Manager and Aircraft Asset & Business Management (AABM) department based upon the inputs from both Finance and Engineering. You will do this by maintaining the Life Cycle and Reserve model inputs such as maintenance date, location and cost assumptions, as well as executing the accounting adjustments required to embed any optimisation decisions into our maintenance provisions.
• Working in partnership with the Engineering team you will support the constant optimisation of the Airframe Maintenance Plan (AMP) activities, aiming to best utilise TUI’s in-house Hangar facilities. The role will evaluate revisions to the AMP and ensure any changes are reflected in cash flow forecasts and maintenance provisions, identifying and communicating any potential risk and opportunities to the forecast because of movements in the plan.
• A key part of the role will be driving continuous improvement activities within the Engineering Finance Team, including any IT /Analytics projects in this area. This involves the constant review and evaluation of the processes in place as well as the closing and reporting activities.

ABOUT YOU

• Part qualified (or studying towards professional qualification of ACA, ACCA, CIMA or equivalent)
• Strong analytical & presentational skills.
• Eager to learn and a born self-educator.
• Structured and coordinated and excellent attention to detail and accuracy.
• Adapts communication to match audience.
• Ability to work to tight deadlines.
• Strong knowledge of excel, including vlookups and pivot tables.
• Role requires strong business English, both spoken and written, and may involve some international travel

ABOUT OUR OFFER

  • Working in the leading global tourism group: We stand for intercultural cooperation and offer the opportunity to work in international projects and teams.
  • Mobile working, flexible working hours and working from abroad: We believe that work is something you do, not where you go.
  • Development and career opportunities: We promote the potential of our employees with a wide range of (digital) training opportunities and international career opportunities.
  • Personal benefits: We offer attractive remuneration, generous travel benefits, extensive health & wellbeing offers and much more.

​​We love to see your uniqueness shine through and inspire the future of travel.​ If you would like to read more about what Diversity & Inclusion means to us simply visit Our DNA

If you require any further information regarding this opportunity, please email careers@tui.co.uk

We really value your interest in TUI and will be back in touch with you shortly after the application closing date.

Company benefits

Travel credit – All benefits vary by location and job role, we'd be happy to chat to you about this in more detail
Work from anywhere scheme – TUI WORKWIDE means colleagues can work from abroad for up to 30 working days a year
Employee discounts
Flexible working week
Bank holiday swaps
Time off in-lieu
Religious celebration leave
Buy or sell annual leave
Health insurance
Gym membership
Open to part time work for some roles
Mental health platform access
Enhanced maternity leave
Shared parental leave
Pregnancy loss leave
Enhanced paternity leave
Compassionate leave
Cinema discounts
Season ticket loan
Travel insurance
Cycle to work scheme
In office catering
Commuter loan
Annual pay rises
Annual bonus
Life assurance
Salary sacrifice
Matched pension contribution
In office workout classes
Teambuilding days
Employee assistance programme
Charity donation scheme
Enhanced sick pay
Share options
Faith rooms
Volunteer days
Lunch and learns
Hackathons
L&D budget
Sabbaticals
Personal development days
Mental health days
Location
88%
Employees are very happy with their working location freedom
Hours
80%
Employees are largely happy with the flexibility in the hours they work
Benefits
76%
Employees are largely happy with the benefits their company offers
Work-life balance
72%
Employees feel that they can switch off quite easily from work
Role modelling
76%
Employees feel that most people work flexibly
Autonomy
81%
Employees feel they have complete autonomy over getting their work done

Additional employee ratings
(these do not contribute to the FlexScore®)

Diversity
70%
Employees feel that the diversity is good and there are continued efforts to improve it
Inclusion
75%
Employees feel that the culture supports equity and inclusivity well
Culture
80%
Employees enjoy the working environment
Mission
75%
Employees feel quite excited about the company mission
Salary
52%
Employees feel that their salary is fair and in line with the market average

Working at TUI Group

Company employees

60,000 globally

Gender diversity (male:female)

32:68

Office locations

Austria, Belgium, Brazil, Canada, China, Denmark, Finland, France, Germany, India, Ireland, Mexico, The Netherlands, Norway, Poland, Spain, Sweden, Switzerland, United Kingdom, USA

Hiring Countries

Austria
Belgium
Croatia
Dominican Republic
Finland
France
Germany
Greece
Indonesia
Malaysia
Mexico
Netherlands
Portugal
Spain
Sweden
Thailand
Tunisia
Türkiye
United Kingdom

Awards & Achievements

Most flexible companies

Most flexible companies

Flexa100 2024

Other jobs you might like