Sr Specialist

Requisition ID 99379 - Posted - Finance - Calgary, AB (YYC) - WestJet

Posting Close Date: 07/05/2024 (Please note the posting will close at 9:59pm MST)

Why WestJet:

Every WestJet journey has the potential to enrich lives; a career with us is no exception. 

WestJet arrived on the Canadian airline scene in 1996 and changed the industry for the better. We made air travel more affordable for Canadians and now we're going global. 

Join us and love where you’re going.

Hybrid Role:
This is a hybrid position; you will be required to work at the WestJet Campus in Calgary approximately 2-3 days / week.
Candidates need to be located within Calgary Metropolitan Region.

Reporting to the Director, Fleet Leasing and Transactions, the Senior Specialist, Financing and Fleet Transactions will partner with other members of the WestJet Treasury team on the ongoing management of the WestJet Group aircraft lease portfolio, existing and new asset financing transactions and overall fleet management. 

Responsibilities 

• Partner with internal and external parties (legal, operations, management, lessors, and credit partners) on the ongoing management of the WestJet Group aircraft lease portfolio and financing arrangements
• Proactively monitor compliance with aircraft lease agreements including but not limited to planning for and acting upon key milestones, lease expiries and notification timelines 
• Negotiate and document new leases, lease extensions and other lease amendments 
• Respond to lessor inquiries and requests in a timely manner 
• Work closely with members of the Finance and Accounting teams on the accurate reporting and forecasting of fleet transactions
• Develop process improvements and implement solutions for the management of the WestJet Group aircraft lease portfolio 
• Assist with the sourcing, analysis and negotiation of asset financing transactions
• Provide analytical support for discussions with aircraft manufacturers and management of existing agreements 
• Collaborate with the business on aircraft retirement planning activities and assist with the finance elements of the aircraft delivery and closing process 

Requirements 

• Bachelor’s degree; preferably in Business/Finance 
• At least five years of practical experience with the negotiation and execution of financing arrangements and other contractual agreements and the management thereof 
• CFA designation and/or airline experience considered an asset
• Strong sense of ownership, curiosity and ability to think critically 
• Ability to analyse financial opportunities and clearly summarize for senior management 
• High attention to detail but an equally important ability to see the big picture 
• Organized and thorough, with a desire for continuous improvement 
• Ability to handle pressure and meet tight timelines in an environment with a high volume of activity 
• Effective team member, willingness to work in a cross-functional organization 
• Microsoft office proficiency and a keen interest in learning new technology

The benefits of being a WestJetter:  

WestJet provides all WestJetters with a competitive total rewards package. On top of that, we offer:

• A fun and friendly culture with colleagues who work together to win
• Travel privileges for you and your family, effective from your start date
• Savings and Benefit programs that are flexible to meet your specific needs

Think we are a fit? Apply now  

About WestJet Group of Companies 

Together with WestJet's regional airline, WestJet Encore, we offer scheduled service to more than 100 destinations in North America, Central America, the Caribbean and Europe and to more than 175 destinations in over 20 countries through our airline partnerships.

Our Safety Promise  

At WestJet, the safety and security of our people and our guests is a core value and at the heart of what we do. As safety and security is a shared responsibility, it is expected that you will use safe work practices to ensure your well-being and the safety of others.

WestJet recognizes that the use of Alcohol and Drugs can adversely impact a safe work environment and the well-being of others including guests, suppliers and the public, as well as place WestJet's operations at risk. All roles that are identified as safety sensitive are required to pass a Pre-Employment Alcohol and Drug Test as per WestJet'sAlcohol and Drug Policy.

Our Commitment to Diversity and Inclusion  

We embrace what makes us each unique, and what makes us uniquely WestJet. WestJet is committed to inclusiveness, equity, and accessibility and if you require accommodation during the selection process, please let our Talent Acquisition team know. We encourage all qualified candidates to apply. We thank all applicants for their interest in WestJet; however, only those candidates who are selected will be contacted.

For more information about everything WestJet, please visit WestJet.com .