Summary
Overview
Work History
Education
Skills
Accomplishments
Additional Information
Timeline
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Lulu Fathima

Lulu Fathima

Mohammed Bin Zayed City,AZ

Summary

Insightful Finance Manager with 10 years of experience in aviation industry offering extensive expertise in Financial planning and analysis, reporting & control and fleet Planning. An inspiring leader, delivering expert strategy and efficient processes for the smooth running of finance function.

Overview

11
11
years of professional experience

Work History

Manager Fleet

Riyadhair
Riyadh, Saudi Arabia
06.2023 - Current
  • Responsible for evaluating, planning, and determining the short and long term fleet requirement of the airline.
  • Conduct detail studies of candidate aircraft in areas of technical, performance, economic and financial analysis and make recommendations as part of Riyadh air Narrow body Campaign.
  • Worked with aircraft manufacturers, aircraft owners, financiers, and third parties in the negotiation and documentation processes for airplane purchase, lease
  • Prepare financial Models on aircraft platform selection and various fleet related sourcing to provide recommendation to the management.
  • Managed sourcing of AOC aircraft for Riyadhair

Finance Manager

Etihad Aviation Group
Abu Dhabi, United Arab Emirates
05.2015 - Current


Etihad Aviation Group is a diverse, global aviation and travel group.


  • Manage the process of preparing the consolidated financial statements of Etihad Aviation Group.
  • Analyze financial data and create financial models for decision support.
  • Evaluate financial performance by comparing and analyzing actual results with budget.
  • Work closely with finance business partners & business in preparation of business cases to provide recommendation to management on the financial implication of an Capital expenditure investments, sale of asset/business etc.
  • Work closey with valuers in computation of the market value of the Assets of the company to analyse the financial impact of any upside/downside in the value.
  • Support the administration of audit reports from both ADAA and external auditors, and ensure a timely and efficient follow-up on audit findings.
  • Lead the financial governance framework and ensure timely and efficient closure of the accounts on a monthly basis.
  • Identification of financial risks, and assess the potential risk and vulnerability it creates for the business.
  • Provide advisory services to subsidiaries and business units on various matters; such as financial reporting & analysis, IFRS, contractual arrangements and financial compliance.
  • Work closely with fleet planning & Technical team to assess financial impact of aircraft lease return, aircraft inductions/exits and contract renegotiation.
  • Continuously monitor the achievement of the Section KPIs.
  • Encourage innovation and support initiatives for implementation of change management to continuously improve operations and services.
  • Create process workflows and standard operating procedures manual for the department

Technical Assistant

Etihad Airways
Abu Dhabi, United Arab Emirates
04.2013 - 04.2015

Etihad Airways is the flag carrier airline of the United Arab Emirates


  • Recorded the maintenance history of the airline's fleet through Oracle CMRO and AMOS.
  • Generated accurate aircraft maintenance forecast for the continued airworthiness of the supported aircraft.

Education

ACCA - Finance

Association of Chartered Certified Accountant
Abu Dhabi, United Arab Emirates

Master Of Business Administration - Management

Oxford Brookes University
London, United Kingdom

Bachelor of Commerce - Accounting

University of Calicut
Abu Dhabi, United Arab Emirates

Skills

Financial reporting and analysisundefined

Accomplishments

  • IFRS 16 Leases - Implemented lease accounting system leveraging existing system, saving $500,000 annual maintenance charges
  • Debt restructuring (transformation). (a) Extension of engine leases at lower LRF. (b) Spares and rotables lease extensions at lower LRF. (c) Exchange engines for exiting fleet, $50 million of savings
  • AMOS - Project lead in implementation of Swiss software AMOS for Technical & Integration with SAP Finance module to have real time visibility of maintenance cost & management of spares costing $500 million.
  • SAP BPC - Team lead in implementation of Business process consolidation tool for Automation of Financial statements for Etihad Aviation Group
  • Robotics Process Automation- Team lead in achieving reduction of 60k man hours for finance division.

Additional Information

SAP

Oracle

AMOS

BPC

Power BI

Microsoft Project Online

Findur (Treasury)

Timeline

Manager Fleet

Riyadhair
06.2023 - Current

Finance Manager

Etihad Aviation Group
05.2015 - Current

Technical Assistant

Etihad Airways
04.2013 - 04.2015

ACCA - Finance

Association of Chartered Certified Accountant

Master Of Business Administration - Management

Oxford Brookes University

Bachelor of Commerce - Accounting

University of Calicut
Lulu Fathima