Company: USA BASED AIRCRAFT LEASING COMPANY
Location: San Diego, CA 92104
Type: Full Time
Experience: Experienced
Compensation: $65,000 - $0
Will Relocate: No
Contact:
HERB OR ALAN NEWMAN
P: 4153328425
F:
E: HERB@NEWMANSEARCH.COM

Essentially the job entails data entry and understanding what that data means in the real world.  Also the job entails adjusting lease financial payment rates based on aircraft operational data such as average flight length and engine takeoff thrust derate.  The job would also (eventually) include putting together technical packages relating to an aircraft or engine maintenance event where prior knowledge of or experience with such aircraft events would be of great benefit.

  Required
EXAMPLE OF DUTIES:
    
Fleet Utilization Tracking: 

  1. Review monthly utilization reports sent from worldwide lessees for accuracy (working with lessees to correct any omissions or discrepancies) and enter such utilization data into JetBase. Work with lessees via email and telephone to troubleshoot utilization discrepancies, often on a time-critical basis.
  2. Deal directly as necessary with Company’s 3rd-party customers to answer questions.

2)      Maintenance Reserve Invoicing: 

  1. Produce on a timely basis all invoices for Company and 3rd-party maintenance reserve for their aircraft
  2. Resolve as required any MR discrepancies in payments with lessees and/or 3rd-party customers, in real time as required.

3)      Updating database to reflect payments:

  1. Updating to reflect monthly payments by lessees
  2. Updating to reflect lessor top-up payouts by Company to lessees
  3. Updating database to reflect change in maintenance letter of credit (“LC") amount

4)      Maintenance Reserve Escalation:

  1. Create and populate spreadsheet to calculate  the correct MR escalation for each MR aircraft
  2. Work with both Company Tech Division personnel and lessees to resolve any follow-on questions or updates related to MR escalations

5)      Maintenance Letter of Credit Adjustment: 

  1. Perform LC escalations in accordance with the lease agreement and side letters; submit to Technical and Legal divisions for approval.

6)      Maintenance Reserve Reimbursement Package Creation:

  1. Create initial MR reimbursement package per lease guidelines for Company’s Tech Division and Company Legal Division (and Company owner entity) approval
  2. Work directly with lessees to resolve any follow-on issues for reimbursements

7)      Credit Risk Module Upkeep

  1. Entering in to database all LLP lives and costs for all Company and 3rd-party customer portfolio aircraft engine types.
  2. Entering in utilization and MR rate info for each aircraft within the Credit Risk module

8)      MR amount reconciliation

  1. Coordination with Corp Financial and Accounting  (“FA") group on quarterly, annual and ad-hoc basis on reconciliation of MR amounts for Company portfolio
  2. Working with 3rd-party customers to reconcile MR amounts on ad-hoc basis

 Requirements

  • Education (ex. bachelor degree or bachelor degree with specific major)   Technically-related bachelor’s degree preferred but not required.
  • Job experience (ex. # of years of experience in the aviation industry or # of years in general).  At least 5 years’ experience in working with Excel sheets and/or financial analysis required. Experience in aviation industry is strongly preferred, with additional preference for specific experience in the aircraft leasing industry and/or airlines.
  • Skills (ex. computer, language, etc.)  Moderate-to-good skills in Excel, including equations and interpolation/extrapolation of table values.  Ability to read and understand fundamental contractual concepts.
  • Any other requirements  A positive, team-based attitude required but candidate should also able to work autonomously with minimal supervision.  Two or three character references from colleagues or supervisors at most recent workplace strongly preferred.

 

  • PART OF THE SCREENING PROCESS INCLUDES SOME TESTING

     

     

    THIS JOB IS POSTED BY AN EXECUTIVE RECRUITING FIRM

    PLEASE SUBMIT ALL RESUMES IN MS WORD

full benefits


About Us

Company Name
USA BASED AIRCRAFT LEASING COMPANY
location
1707 BRIDGEWAY STE: 3, SAUSALITO CALIFORNIA, 94965
Website
http://www.newmansearch.com