Senior Manager Financial Planning and Analysis

Spirit Airlines•Dania Beach, FL

15h

About The Position

This role leads Spirit’s financial analysis group with the objective of improving our short- and long-term forecasting accuracy, financial performance, and accountability to financial and operating objectives. Responsible for flight profitability, metrics book, labor and contract analysis, industry cost analysis, and ad hoc analysis. Looked to as the flight profitability and industry expert within the organization and expected to manage and develop a group of financial analysts that support the deliverables of the financial analysis group. Long term planning: In charge of the long-term plan, which helps drive major decisions regarding capacity, fleet acquisition, financing terms, capital deployment, fleet standardization and revenue/cost initiatives. Manage financial statements including the P&L, Cash Flow and Balance Sheet statements, as well as financial and operational metrics including leverage/coverage ratios, ROIC, etc. Flight profitability: Through the flight profitability model, manage the allocation of expenses and operational statistics across flights, routes, and stations to prepare an income statement for each market. Expected to provide analysis and insights to the Senior Leadership team on a periodic basis. Metrics book: Retrieve financial and operating data from multiple internal and external sources to compile a monthly summary report that compares year-over-year and sequential months. The report is also accompanied by an executive summary that analyzes trends in the company and serves as a critical source of data for the executive and finance team. Labor and contract analysis: Routinely evaluate staffing models across the company to ensure staffing is appropriate and cost efficient. Additionally, evaluate general contracts to confirm that the revenue and/or expenses are modeled accurately, and Spirit is receiving a proper return on investment. Industry cost analysis: On a quarterly and ad hoc basis, benchmark the revenue and cost structure of Spirit’s competitors and produce a summary to be used in corporate presentations and preparation for the quarterly earnings call. Prepare ad hoc analysis: Deliver analyses which enable management to make informed decisions and support the analyses with metrics, variance explanations, root causes, and opportunities to improve performance. Staff development: Develop a high-performing, effective, and motivated staff of Sr. Financial Analysts. Direct and coach to deliver and exceed expectations. May perform other responsibilities as assigned. Responsibilities and duties may change when circumstances dictate (e.g., emergencies change in workload, rush jobs or technical developments).

Requirements

Strong financial analysis and financial modeling experience required.
Experience with Microsoft Office, specifically Excel and PowerPoint.
Experience with SAP Financials or other large ERP systems.
Strong understanding of Generally Accepted Accounting Principles.
Extensive information systems and data mining expertise.
Excellent presentation skills.
Strong organizational skills to prioritize work and complete assignments on-time.

Nice To Haves

Work-related experience in the airline industry preferred.

Responsibilities

Improving short- and long-term forecasting accuracy, financial performance, and accountability to financial and operating objectives.
Responsible for flight profitability, metrics book, labor and contract analysis, industry cost analysis, and ad hoc analysis.
Manage and develop a group of financial analysts that support the deliverables of the financial analysis group.
In charge of the long-term plan, which helps drive major decisions regarding capacity, fleet acquisition, financing terms, capital deployment, fleet standardization and revenue/cost initiatives.
Manage financial statements including the P&L, Cash Flow and Balance Sheet statements, as well as financial and operational metrics including leverage/coverage ratios, ROIC, etc.
Manage the allocation of expenses and operational statistics across flights, routes, and stations to prepare an income statement for each market through the flight profitability model.
Provide analysis and insights to the Senior Leadership team on a periodic basis.
Retrieve financial and operating data from multiple internal and external sources to compile a monthly summary report that compares year-over-year and sequential months.
Evaluate staffing models across the company to ensure staffing is appropriate and cost efficient.
Evaluate general contracts to confirm that the revenue and/or expenses are modeled accurately, and Spirit is receiving a proper return on investment.
Benchmark the revenue and cost structure of Spirit’s competitors and produce a summary to be used in corporate presentations and preparation for the quarterly earnings call.
Deliver analyses which enable management to make informed decisions and support the analyses with metrics, variance explanations, root causes, and opportunities to improve performance.
Develop a high-performing, effective, and motivated staff of Sr. Financial Analysts. Direct and coach to deliver and exceed expectations.
Perform other responsibilities as assigned.