Senior Cost Analyst
3 weeks ago
Aircraft Maintenance Cost Optimization Role
We are looking for a skilled Cost Analyst to join our Maersk Air Cargo finance team. As a Cost Analyst, you will play a vital role in optimizing aircraft maintenance costs and ensuring the financial performance of our operations.
Key Responsibilities:
- Reporting of aircraft maintenance costs versus budget
- Analysis of aircraft maintenance costs, including KPIs
- Liaising with the Technical Department to understand and analyze financial aspects of maintenance
- Reviewing balance sheet accruals/provisions and recommending adjustments to accruals
- Analyzing Capex and related items, including depreciations
- Maintenance cost breakdown, e.g., base and line and consumptions for both components and consumables
- Working closely with the financial accountant and technical department on the financial reconciliation of the inventory of components and spare parts
- C-check reporting per aircraft with detailed analysis
- Monitoring of engines against plan, cycles, and hours running, financial reporting on engines and all other time or cycle limited assets
- Maintaining accurate and up-to-date records of maintenance costs and provisions
- Managing the balances of the lessor maintenance reserves. Submission and follow-up on maintenance reserve claims
- Reviewing charters operated monthly and processing adjustments between the business areas
- Collaborating with the Financial Business Partner (FBP) on cost follow-up in general and particularly on Maersk operation variable costs and Capex, including regularly updating the maintenance short/medium term forecast in conjunction with the technical team for use in group forecasting and budgeting processes
- Providing insights and recommendations for cost optimization and efficiency improvements
Requirements:
- Solid experience working in the aviation industry
- Bachelor's or master's degree in Finance, Accounting, or a related field
- Proven experience as a Cost Analyst or similar role
- Strong analytical skills and attention to detail
- Familiarity with aircraft maintenance cost tracking and analysis
- Knowledge of Capex, depreciations, and financial reporting
- Excellent communication and interpersonal skills
- Ability to work independently and collaboratively with cross-functional teams
- Fluent in English
About Maersk Air Cargo
We have a vision that's larger than the ocean: to provide truly integrated logistics connecting and simplifying our customers' supply chain through global end-to-end solutions. Maersk Air Cargo plays a vital role in offering cargo transport by air for customers globally.
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