Senior Cost Analyst

3 weeks ago


Billund, Denmark Maersk Group - A.P. Møller Mærsk Full time

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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