Department: Treasury & Fleet Management
Our Company Promise We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all, Employees will be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every Southwest Customer. Job Description:
Job Summary This role is a critical component in the execution of the Company's fleet strategy. The Fleet Transactions Consultant invests in the future of Southwest by supporting thetransaction process for the acquisition and disposition of all aircraft in the Southwest fleet.This role advises Sr. Leaders regarding aircraft purchases, lease negotiations and execution/administration of the final agreements; develops reporting and analysis for capital expenditure forecasts, lease payments, and technical. This rolealso supports the negotiation of amendments toaircraft purchase agreements, serves as a key point of contact, andexecutes the payments for new aircraft.The Fleet Transactions Consultant is a multi-tasker who is detail oriented and enjoys working in a dynamic environment. Additional details:
- The culture of Southwest Airlines means we value the camaraderie, collaboration, and innovation that occurs when we come together and interact face-to-face at our vibrant Corporate Campus. Due to the nature of this role, you would be required to work from our Dallas, TX headquarters facility during business hours.
- U.S. citizenship or current authorization to work in the U.S. required and no current or future work authorization sponsorship available.
We're committed to fair hiring practices and to making employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, military or veteran status, disability, genetic information, or other legally protected characteristics.
Responsibilities
- Analyzes and reviews fleet strategy decisions for retirement and lease return requirement implications, includes Identify and justify negotiation alternatives to maximize negotiated outcomes and value capture for aircraft acquisitions, lease returns, aircraft sales, and other agreements as directed by Leadership
- Represent Southwest Airlines in interactions with Lessors related to technical requests including annual audits and physical inspections
- Manage the process to execute new aircraft payments, lease payments, and other financial transactions including creation and maintenance payment transaction data in SAP.
- Develop and maintain financial forecasts and reporting including capital expenditure forecasts, aircraft encumbrances, and status of leased aircraft/engine assets
- Ensures systems used by the Team (e.g., SAP Treasury module, Tririga, Aircraft database in QuickBase) are properly updated and maintained.
- Represent the Fleet Transactions Team in Airworthiness Directive, Aircraft Maintenance Planning and Engine Planning meetings to provide direction on leased/retiring assets
- Identify and coordinate the provision of appropriate aircraft records and report to aircraft lessors/buyers/consignees
- Monitor industry trends and market appraisals to develop insights that support aircraft leasing and disposition strategies
- Train and assist other members of the Team in the proper execution/use of processes, procedures, and systems utilized by the department.
- May perform other job duties as directed by Employee's Leaders
Knowledge, Skills, and Abilities
- Knowledge of contractual principles and practices
- Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data
- Skilled in completing analyses on multiple, complex scenarios and to develop and support recommendations to Senior Leadership based on this analysis
- Skilled in collecting, organizing, visualizing, and assimilating data, including turning raw data into meaningful information
- Skilled in communication with a variety of settings and with cross functional teams and various position levels
- Ability to complete complex financial forecasts including Capital Expenditure requirements
- Ability to successfully manage multiple tasks of varying priorities and ensure all deadlines are met in accordance with the expectations and timelines of project Stakeholders
- Ability to work collaboratively with Leaders, other Team Members, and other Departments
Education
- Required: High School Diploma or GED
Experience
- Advanced level experience, seasoned and specialized knowledge in:
- Financial analysis
- Contract negotiation principles and practices
- Economic principals and accounting practices
Physical Abilities
- Ability to perform work duties from limited space workstation/desk/office area for extended periods of time
- Ability to communicate and interact with others in the English language to meet the demands of the job
- Ability to use a computer and other office productivity tools with sufficient speed and accuracy to meet the demands of the job
Other Qualifications
- Must maintain a well-groomed appearance per Company appearance standards as described in established guidelines
- Must be a U.S. citizen or have authorization to work in the United States as defined by the Immigration Reform Act of 1986
- Must be at least 18 years of age
- Must be able to comply with Company attendance standards as described in established guidelines
- Limited travel with potential for increased/decreased travel based upon Technology Department needs
Pay & Benefits
- Competitive market salary from $100,700 to $111,900 per year* depending on qualifications and experience. For eligible Leadership and individual contributor roles, additional bonus opportunities are available and awarded at the discretion of the company.
Benefits you'll love:
- Fly for free, as a privilege, on any open seat on all Southwest flights (your eligible dependents too)
- Southwest will help fund your 401(k) retirement savings with Company contributions up to 9.3% of your eligible earnings**
- Potential for annual ProfitSharing contribution in the Southwest Retirement Savings Plan- when Southwest profits, you profit***
- Competitive health insurance for you and your eligible dependents (including pets)
- Southwest offers health plan coverage options that start from the very first day of employment. You will have 30 days to select and enroll in your health plan with coverage retroactively available to your first day of employment.
- Explore more Benefits you'll love: https://careers.southwestair.com/benefits
*Pay amount does not guarantee employment for any particular period of time. **401(k) match contributions are subject to the plan's vesting schedule and applicable IRS limits ***Profit-sharing contributions are subject to plan's vesting schedule and are made at the discretion of the Company. Southwest Airlines is an Equal Opportunity Employer. Please print/save this job description because it won't be available after you apply.
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