Sr Specialist – Treasury

Job title: Sr Specialist – Treasury

Company: WestJet

Job description: Employment Type: Full-time RegularCity: Calgary, AB (YYC)Posting Open Date: 01/31/2025Posting Close Date: 02/14/2025 (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 Work:
This is a hybrid work position in Calgary, Alberta and requires in-person collaboration at the WestJet Campus (22 Aerial Place NE) 3 days per week. This provides flexibility the remaining 40% of the work week. This hybrid work plan allows for critically important learning, collaboration and networking with our colleagues. Specific days in the office are agreed upon by the team.Reporting to the Director, Fleet Leasing and Transactions, the Senior Specialist 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 agreements with a focus on contract compliance and fulfillment
• Proactively monitor and report compliance with aircraft lease agreements including but not limited to planning for and acting upon key contract milestones, lease expiries and notification timelines

• Negotiate, document and record new leases extensions and other amendments including relevant customs and regulatory filings
• Provide contract support for aircraft retirement activities and assist with the aircraft transition and closing process
• Identify process improvements and develop procedures and metrics for the management of aircraft lease agreements through the life cycle
• Assist with the sourcing, analysis and negotiation of additional asset financing transactions based on knowledge of WestJet’s preferred contractual terms
• Provide analytical support for discussions with aircraft manufacturers and management of existing agreements

• Work closely with members of the Finance and Accounting teams on the accurate reporting and forecasting of fleet transactions

Requirements

• High attention to detail but an equally important ability to see the big picture. Effectively manage tasks with minimal supervision while ensuring alignment with the group’s overall goals and objectives
• Strong sense of ownership, curiosity and ability to think critically
• 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. Proven ability to manage multiple tasks independently while meeting deadlines
• At least five years of practical experience with the negotiation and execution of financing arrangements and other contractual agreements and the management thereof
• Proven ability to work collaboratively across multiple levels of the organization
• Bachelor’s degree; preferably in Business/Finance, CFA designation and/or airline experience considered an asset

• 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 CompaniesTogether 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 PromiseAt 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’s Alcohol and Drug Policy.Our Commitment to Diversity and InclusionWe 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 .#LI-AB2

Expected salary:

Location: Calgary, AB

Job date: Sun, 02 Feb 2025 07:07:56 GMT

Apply for the job now!