ResponsibilitiesThis role leads Spirit’s financial analysis group with the objective of improving our short- and long-term forecasting accuracy, financial performance, and accountability to financial and operating objectives. Responsible for flight profitability, metrics book, labor and contract analysis, industry cost analysis, and ad hoc analysis. Looked to as the flight profitability and industry expert within the organization and expected to manage and develop a group of financial analysts that support the deliverables of the financial analysis group.
- Long term planning: In charge of the long-term plan, which helps drive major decisions regarding capacity, fleet acquisition, financing terms, capital deployment, fleet standardization and revenue/cost initiatives. Manage financial statements including the P&L, Cash Flow and Balance Sheet statements, as well as financial and operational metrics including leverage/coverage ratios, ROIC, etc.
- Flight profitability: Through the flight profitability model, manage the allocation of expenses and operational statistics across flights, routes, and stations to prepare an income statement for each market. Expected to provide analysis and insights to the Senior Leadership team on a periodic basis.
- Metrics book: Retrieve financial and operating data from multiple internal and external sources to compile a monthly summary report that compares year-over-year and sequential months. The report is also accompanied by an executive summary that analyzes trends in the company and serves as a critical source of data for the executive and finance team.
- Labor and contract analysis: Routinely evaluate staffing models across the company to ensure staffing is appropriate and cost efficient. Additionally, evaluate general contracts to confirm that the revenue and/or expenses are modeled accurately, and Spirit is receiving a proper return on investment.
- Industry cost analysis: On a quarterly and ad hoc basis, benchmark the revenue and cost structure of Spirit’s competitors and produce a summary to be used in corporate presentations and preparation for the quarterly earnings call.
- Prepare ad hoc analysis: Deliver analyses which enable management to make informed decisions and support the analyses with metrics, variance explanations, root causes, and opportunities to improve performance.
- Staff development: Develop a high-performing, effective, and motivated staff of Sr. Financial Analysts. Direct and coach to deliver and exceed expectations.
- May perform other responsibilities as assigned. Responsibilities and duties may change when circumstances dictate (e.g., emergencies change in workload, rush jobs or technical developments).
Qualifications- Strong financial analysis and financial modeling experience required.
- Work-related experience in the airline industry preferred.
- Experience with Microsoft Office, specifically Excel and PowerPoint.
- Experience with SAP Financials or other large ERP systems.
- Strong understanding of Generally Accepted Accounting Principles.
- Extensive information systems and data mining expertise.
- Excellent presentation skills.
- Strong organizational skills to prioritize work and complete assignments on-time.
OverviewAt Spirit, we live “More Fly.” It’s not just about getting from point A to B—it’s about feeling fly while you’re at it. For our Team Members, it means thinking BIG, taking action, making connections, and having a blast while doing it. From the station to the cockpit, the cabin to the computer, every day is an adventure as we redefine travel.
Soar with us and enjoy travel perks that bring you closer to what matters. Join a team that empowers you to bring your full self to work, grow personally and professionally, and fuel the communities we serve. At Spirit Airlines, the sky isn’t the limit—it’s just the beginning!
EEOC StatementSpirit Airlines is an Equal Employment Opportunity employer. All aspects of employment are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity or any other category protected by federal, state, or local law.
