Financial Controller - Engineering

Ryanair are currently recruiting for a Financial Controller to join the Engineering Team of Europe's Largest Airline Group.

As Europe's leading low-cost airline we are renowned for our efficiency and operational excellence. With a current fleet of over 600 aircraft, we are on an ambitious growth trajectory, with plans to expand the fleet to 800 aircraft and 300m guests p/a by 2033. The Engineering Department is a cornerstone of our operations, ensuring the safety, reliability, and cost-effectiveness of our operation.

In this brand new role, the Engineering Financial Controller will play a pivotal role in managing and controlling all engineering-related financial activities reporting directly to Ryanair DAC Chief Financial Officer. This includes overseeing direct and indirect engineering costs, headcount budgets, maintenance expenses, and third-party contracts. The ideal candidate will be a strategic thinker, a fully qualified accountant, and possess a deep understanding of financial management, ideally from within a highly operational organisation. 

Key Responsibilities:

Financial Management:

-          Control and manage the Engineering Department’s direct and indirect costs.

-          Ensure accurate and timely financial reporting for all engineering-related expenditures.

-          Analyse variances between actual results and budgeted figures, providing actionable insights and recommendations.

Budgeting and Forecasting:

-          Lead the annual budgeting process for the engineering department.

-          Prepare detailed financial forecasts to support strategic planning and decision-making.

Cost Control:

-          Implement and maintain robust cost control processes to manage engineering opex/capex expenditures.

-          Develop strategies to optimize engineering spend without compromising safety or quality.

-          Conduct regular financial reviews to identify cost-saving opportunities and areas for improvement.

Third Party Contract Management:

-          Oversee financial aspects of third-party maintenance and service contracts.

-          Ensure cost-effective contract negotiations and renewals.

-          Monitor contract performance and compliance, identifying opportunities for cost savings and efficiency improvements.

Requirements

• Fully qualified accountant (ACA, ACCA, CIMA, or equivalent).
• Minimum of 8-10 years of experience in a senior finance role, preferably within an engineering, logistics or aircraft leasing sector.
• Proven track record in managing large budgets and complex financial projects.
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data.
• Excellent communication and interpersonal skills, with the ability to influence and collaborate effectively at all levels.
• Proficiency in financial software and Microsoft Office suite, particularly Excel.
• Ability to work in a pressurised and fast paced environment.

Benefits

• Highly Competitive salary
• Discounted and unlimited travel to over 250 destinations
• Defined Contribution Pension Scheme
• Death in Service Benefit – Up to 2 times of annual basic salary
• 20 Days Annual Leave – Increasing to 22 days after 12 months and 25 days after 3 years of continuous service.
• Option for up to 5 additional unpaid leave days per year
• Cycle 2 Work Scheme
• Unrivalled career progression

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