Manager - Technical Services

Location: Gurugram

|

Sep 17, 2026

Position Title:

Manager – Engineering Finance

Job Code

TBD

Grade:

TBD

Function:

Engineering

Location:

Gurugram

Reports to:

Senior Manager – Engineering Finance

Role Level:

TBD

Job Purpose

Lead financial strategy and governance for Engineering operations, ensuring optimal utilization of an annual budget of ~$1Bn. Drive cost leadership, data-backed decision-making, and robust financial controls to support fleet reliability, operational efficiency, and long-term value creation.

Key Accountabilities

Budget Ownership & Cost Strategy

Own planning, monitoring, and optimization of ~$1Bn Engineering budget

Drive multi-year cost transformation roadmap across maintenance, contracts, inventory, and fleet programs

Ensure alignment with AOP while proactively identifying risks and mitigation actions

Cost Optimization & Value Creation

Lead identification and execution of structural and tactical cost-saving initiatives

Drive financial evaluations for MRO contracts, OEM negotiations, lease returns, heavy checks, and retrofit programs

Track savings realization vs. plan with clear accountability and governance

Strategic Decision Support

Lead financial modelling (make vs. buy, repair vs. replace, fleet strategy, timing optimization)

Provide scenario-based insights and sensitivity analysis for leadership decisions

Influence long-term engineering strategy through fact-based financial insights

Financial Governance & Compliance

Ensure strict adherence to DoA, financial controls, and approval frameworks

Own audit readiness (internal/statutory/regulatory) with strong documentation and defensibility

Identify control gaps and institutionalize robust, scalable processes

PF&A & Executive Reporting

Own end-to-end Engineering PF&A including deep variance analysis (AOP, YoY, MoM)

Deliver CEO/CFO/Board-ready insights on cost drivers, trends, and forward risks

Ensure accuracy in provisioning, accruals, capitalization, and financial reporting

Strategic Programs & Contracts

Provide finance leadership on high-value contracts (OEMs, MROs, lessors) and amendments

Evaluate long-term financial impact of fleet, reliability, and transformation initiatives

Lead financial input for CEO/EOC/Board approval notes

Digital Enablement & Process Excellence

Drive automation of reporting, reconciliations, and performance tracking

Enhance SAP–AMOS–BI integration for improved data integrity and decision-making

Reduce manual interventions and turnaround time in finance processes

Industry Benchmarking & Insights

Lead benchmarking against global airlines and MRO practices

Translate insights into actionable efficiency and cost-improvement initiatives

Build institutional knowledge on engineering cost competitiveness

Stakeholder Leadership & Team Management

Lead and mentor a team of finance professionals within Engineering Finance

Act as a trusted advisor to Engineering, Supply Chain, Planning, and Procurement leadership

Drive a high-performance culture with strong accountability and capability building

Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.

Skills/Qualities Required

Exposure to aviation, engineering, operations, or regulated industries

Familiarity with financial modelling, investment appraisal and management reporting

Understanding of corporate governance

Strong commercial acumen – ability to identify cost‑saving levers and evaluate financial impact of engineering decisions.

Data‑driven mindset – comfortable translating complex data into clear, actionable insights for leadership.

High compliance orientation – disciplined approach to DoA adherence, audit readiness, and financial governance.

Stakeholder partnering skills – effective collaboration with Engineering, Procurement, Planning, and senior leadership.

Analytical rigor with execution focus – balances deep analysis with timely, practical decision support.

Key Performance Indicators

Budget adherence and cost optimization impact

Savings delivered vs. targets

Accuracy and timeliness of PF&A reporting

Audit outcomes and compliance metrics

Contract value realization and negotiation impact

Process efficiency and automation outcomes

Team capability and engagement

Skills & Competencies

Strong commercial acumen with demonstrated ownership of large budgets

Expertise in financial modelling, business case evaluation, and strategic finance

Deep understanding of financial governance, controls, and audit frameworks

Data-driven mindset with proficiency in SAP/analytics tools

Strong stakeholder influencing and leadership skills

High execution rigor with ability to balance strategy and delivery

Educational and Experience Requirements

MBA/CA/CFA or equivalent in Finance/Strategy/Analytics

7-8 years of relevant experience, with exposure to Engineering, Aviation, Operations-intensive, or regulated industries

Prior experience in handling large-scale budgets and cross-functional leadership roles