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  • sr manager, financial planning and analysis - Denver, CO, USA - Frontier Airlines

    Frontier Airlines
    Frontier Airlines Denver, CO, USA

    1 month ago

    Default job background
    Description

    Why Work for Frontier Airlines?

    At Frontier, we believe the skies should be for everyone. We deliver on this promise through our commitment to Low Fares Done Right. This is more than our tagline - it's our driving philosophy. Every member of Team Frontier has an important role to play in bringing this vision to life.

    Our successful business model allows travelers to take advantage of our fast-growing route network while our bundled and unbundled pricing options allow our customers to personalize their travel experience and only pay for the services they need - saving them money along the way.

    What We Stand For

    Low Fares Done Right is our mission and we strive to bring it to life every day. Our 'Done Right' promise means delivering not only affordable prices, but making travel friendly and easy for our customers. To do this, we put a great deal of care into every decision and action we take. We must be efficient with the use of our resources and make smart decisions about how we run our business. We must also innovate and be pioneers -we're not afraid to try new things.

    While our business requires us to fly high in the air, we also consider ourselves down-to-earth in our approach, creating a warm and friendly experience that truly demonstrates Rocky Mountain Hospitality.

    Work Perks

    At Frontier, we like to think we're creating something very special for our team members. Work is why we're here, but the perks are nice too:

    • Flight benefits for you and your family to fly on Frontier Airlines
    • Buddy passes for your friends so they can experience what makes us so great
    • Discounts throughout the travel industry on hotels, car rentals, cruises and vacation packages
    • Discounts on cell phone plans, movie tickets, restaurants, luggage and over 2,000 other vendors
    • Enjoy a 'Dress for your Day' business casual environment
    • Flexible work schedules that support work/life balance
    • Total Rewards program including a competitive base salary, short term incentives, long-term incentives, paid holidays, 401(k) plan, vacation/sick time and medical/dental/vision insurance that begins the 1st of the month following your hire date.
    • We play our part to make a difference. The HOPE League, Frontier Airlines' non-profit organization, is dedicated to providing employees financial assistance during catastrophic hardship

    Who We Are

    Frontier Airlines is a leading ultra-low cost carrier headquartered in Denver, Colorado. With a mission to deliver Low Fares Done Right, the company provides affordable, convenient and accessible air travel throughout the U.S., Caribbean, Mexico and Latin America. Frontier's highly fuel-efficient, all-Airbus fleet is among the youngest and most modern of any carrier within the U.S. That, combined with the airline's many weight-saving initiatives and focus on operational efficiencies, makes Frontier America's Greenest Airline.* Each Frontier Airlines plane tail features a special animal with a unique name and backstory. Many of the featured species are endangered or threatened, part of the airline's commitment to underscore and raise awareness for their plight. Frontier serves approximately 100 destinations throughout North America and operates 500-plus daily flights, on average. The airline employs more than 7,000 team members and has crew bases in more than a dozen U.S. cities. Frontier Airlines., Inc., is a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC).

    * Frontier is the most fuel-efficient of all major U.S. carriers when measured by ASMs per fuel gallon consumed.

    What Will You Be Doing?

    The Sr Mgr, Financial Planning and Analysis reports to the Director, FP&A, and is the person in charge of the managers within the finance organization. The Senior Manager is the leader of FP&A Managers, who manage a team of professional analysts. The Senior Manager is tasked with owning recurring and ad-hoc analyses across all areas of the organization including, without limitation, short- and long-term financial planning, ongoing cost reduction opportunity sizing and execution, competitive and strategic benchmarking, labor analysis and negotiations, capital allocation and fleet planning, flight profitability and complex financial modeling to include internal rate of return, net present value and payback. The Senior Manager is expected to provide timely, accurate analyses, develop the skills of their team and effectively collaborate with stakeholders including Finance leadership, business partners and various operating groups. It is a position of functional leadership.

    Essential Functions

    • Champion Frontier's low-cost philosophy within the organization and enhance financial awareness across the company.
    • Manage a team of managers who manage a team of analysts and accelerate the team's professional development.
      • Provide leadership and guidance to the team.
    • Ensure the team delivers timely, accurate analyses to Finance leadership and business stakeholders.
      • Much of the presentations require interacting with the executive management team.
    • Improve the speed and accuracy of budgeting and forecasting; collaborate with business stakeholders throughout the financial planning process, as well as large, enterprise-guiding analyses.
    • Prioritize workstreams, balancing resources available and business needs; proactively communicate deliverable status and deadlines to finance leadership and business stakeholders, up to and including the executive leadership team.
    • Evaluate the financial implications of potential capital projects and develop management recommendations on how it will impact the enterprise over the longer term.
    • Investigate the root causes of cost and revenue variances and propose profit-maximizing resolutions.
    • Identify and size potential revenue and cost opportunities across the organization.
    • Conduct scenario analysis to identify optimal strategies in the face of uncertainty.
    • Act as an internal consultant, improving processes and efficiency across the organization.
    • Benchmark financial and operational performance against competitors and best practices.
    • Conduct ad-hoc projects, reports and financial analyses as determined by senior management.

    Qualifications

    • Bachelor's Degree required; prefer degree in Finance, Accounting, or another quantitative field
    • Graduate degree in quantitative discipline strongly preferred
    • 5+ years of relevant experience (finance, consulting, or related fields/functions) or commensurate combination of graduate work and relevant work experience strongly preferred
    • Functional experience in financial accounting, management accounting, financial analysis, financial modeling, planning, forecasting and/or management reporting preferred
    • Relevant experience at the corporate level in finance, planning or analyses
    • Proven supervisory ability and experience presenting information to all levels of management
    • Prior airline experience beneficial

    Knowledge, Skills and Abilities

    • Financial modeling, GAAP accounting including latest relevant FASB or IFRS updates
    • Multi-variate thinking
    • Ability to review, at a high level, the sense-checking of analyses that may have a material impact on the company's performance
    • May, at times, have to do the root analysis themselves
    • Must be comfortable confidently presenting to leadership at the highest levels of the company

    Equipment Operated

    Standard office equipment, including PC, copier, fax machine, printer

    Work Environment

    Typical office environment, adequately heated and cooled

    Physical Effort

    Generally, not required.

    Supervision Received

    General Direction: The incumbent normally receives little instruction on day-to-day work and receives general instructions on new assignments.

    Positions Supervised

    Manager, Financial Planning & Analysis

    Salary Range

    $110,114.00 - $146,157.00

    Please note: this posting will close on or before 12/2/24

    Workplace Policies

    At Frontier Airlines, we wholeheartedly support and have a strong commitment to Equal Employment Opportunity (EEO) and Affirmative Action. Frontier is committed to providing equal employment opportunities for all persons regardless of race, color, religion, gender, gender variance, sexual orientation, age, genetic information, martial status, national origin, citizenship status, disability, military, veteran status, and any other basis protected by federal, state, or local laws.

    Diversity is an essential part of our success. Our company flourishes because of the unique backgrounds, skills and ideas that our team members contribute every day. We salute and actively recruit veterans. Military experience is valuable and transferable to many of the positions essential to the operations of our airline.

    Frontier Airlines is a Zero Tolerance Drug-Free Workplace. All prospective DOT safety-sensitive employees are subject to pre-employment testing for the following drugs and their metabolites: Marijuana, Cocaine, Amphetamines, Opioids and Phencyclidine (PCP). Further, any DOT safety-sensitive job applicant who is found to have tested positive on any required drug or alcohol test at a former employer will be considered ineligible for employment with Frontier.

    Disclaimer: The above statements are intended only to describe the general nature and level of work required of the referenced position; they are not intended to be an exhaustive list of all responsibilities, duties, and skills required of individuals in this position. Please be advised that duties and expectations of this position may be subject to change.

    Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.


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