The Head of Engineering Finance is the airline’s senior financial lead for Engineering and Fleet, responsible for providing strategic financial leadership, governance and assurance across aircraft maintenance, engineering operations, fleet management and technical compliance.
Key Responsibilities
- Strategic Engineering Financial Leadership
- Provide senior financial leadership across all Engineering and Fleet activities, including Fleet planning, maintenance planning, technical operations, reliability programmes, heavy checks, component strategy and supplier arrangements
- Act as the primary finance business partner to the COO, providing insight, challenge and support on cost control, investment decisions, capacity planning and operational trade‑offs.
- Lead financial analysis and decision support for major engineering and fleet initiatives, including fleet changes, maintenance strategy, contract negotiations and long‑term asset planning.
- Represent Finance as a core member of the Engineering Leadership Team, ensuring financial considerations are embedded in engineering strategy and execution.
- Support ExCom and Board‑level discussions, presenting clear and balanced insight on engineering cost performance, risks, investment requirements and long‑term financial impact.
- Engineering Governance, Controls & Financial Assurance
- Own and maintain the financial governance framework across Engineering and Fleet, ensuring strong controls over maintenance expenditure, capitalisation, provisioning and reserves.
- Ensure compliance with accounting standards and internal policies relating to component accounting, maintenance reserves and engineering‑related balance sheet items.
- Act as Finance lead for engineering‑related audit matters, working closely with internal and external auditors to resolve issues efficiently and transparently.
- Identify areas of financial risk or control weakness within Engineering and implement corrective actions and continuous improvement initiatives.
- Support contract governance for major engineering suppliers and maintenance providers, ensuring financial robustness and alignment with commercial and operational objectives.
- Monitoring Engineering Financial Performance
- Lead preparation and review of monthly Engineering and Fleet financial performance, including cost analysis, budgetary control, headcount, maintenance events and forward‑looking risk assessment.
- Provide clear explanations of month‑end variances, cost drivers and emerging risks to the CFO, COO and Engineering Leadership Team.
- Oversee development and continuous improvement of engineering cost models, maintenance forecasting tools and asset‑related financial analysis.
- Ensure timely, accurate and insightful reporting supports operational decision‑making and financial planning.
- Forward‑Looking Planning, Budgeting & Forecasting
- Lead annual Budget and forecasting processes for Engineering and Fleet, ensuring alignment with operational plans, fleet strategy and regulatory requirements.
- Develop and maintain robust forecasting models covering engineering expenditure, capital investment, maintenance reserves, depreciation and cash flow.
- Support long‑term fleet and maintenance planning cycles, providing scenario modelling and financial impact assessment.
- Ensure Engineering assumptions are appropriately reflected within overall company P&L, balancesheet and cash flow forecasts.
- Specialist Accounting & Technical Finance Leadership
- Own and maintain the airline’s maintenance reserves and component accounting frameworks, ensuring accurate, compliant and well‑documented application.
- Act as Finance lead for lease accounting, including ongoing compliance with newly adopted standards and support for future fleet or lease changes.
- Ensure strong linkage between operational engineering activity and financial accounting outcomes.
- Provide technical accounting guidance to Engineering and Finance teams where required, escalating complex issues appropriately.
- Business Partnering & Cross‑Functional Collaboration
- Work closely with the Head of Commercial Finance and Head of Financial Reporting to ensure integrated financial insight across operational, commercial and statutory perspectives.
- Collaborate with Operations, Supply Chain, Safety and Compliance teams to ensure financial considerations are embedded across engineering decision‑making.
- Support external interactions where engineering financial leadership is required, including with lessors, suppliers, regulators and advisors.
- Contribute to enterprise‑wide initiatives, projects and transformation programmes led by Finance or Operations.
- People Leadership & Team Development
- Lead the Engineering Finance team, including Engineering and Fleet Business Partners and the Engineering Financial Accounting team.
- Set clear objectives, provide regular coaching and support professional development across business partnering and technical accounting roles.
- Embed a culture of ownership, insight, continuous improvement and strong stakeholder engagement.
- Ensure effective workload management, capability development and succession planning within the team.
- Additional Responsibilities
- Support major fleet, maintenance and capital projects with financial leadership and assurance.
- Ensure compliance with all legislative, audit, Management Systems and Business Ethics requirements.
- Support system developments and improvements relevant to engineering finance and asset accounting.
- Undertake any other reasonable duties required by the CFO or COO.
Minimum Requirements
- CCAB‑qualified accountant with significant post‑qualification experience in a complex, asset‑intensive organisation.
- Strong background in management accounting, business partnering or technical accounting within an operational environment.
- Experience providing financial leadership to senior operational stakeholders, including Executive and Board‑level leaders.
- Experience supporting engineering commercial negotiations with external partners (e.g., MRO’s, lessors).
- Highly proficient in financial modelling, scenario analysis and investment appraisal.
- Advanced Excel and PowerPoint skills with strong financial systems literacy.
- Experience in engineering, aviation, transport or similarly regulated industries desirable but not essential.
Key Attributes
- Operational & Commercial Insight: Strong understanding of cost drivers, capital intensity and operational decision‑making.
- Technical Strength: Ability to manage complex accounting areas with rigour and clarity.
- Influencing & Communication: Confident communicator who can translate complexity into clear, actionable insight.
- Leadership: Builds high‑performing teams and trusted stakeholder relationships.
- Analytical Thinking: Robust problem‑solver with a forward‑looking mindset.
- Accountability: Takes ownership and drives outcomes to completion.
- Values & Behaviours: Consistently demonstrates company values and professional standards.
At Loganair we strive at all times to be inclusive and welcoming to applicants for every role across our company. We recognise and value diverse talents allowing our people to grow and develop in a fair working environment. Loganair is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, religion or belief, marital status, disability, gender identity, military veteran status and all their characteristics, attributes or choices as protected by law. All recruitment and hiring decisions are based on applicants skills and experience.
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