Alaska Airlines Vice President Fleet and Finance in Seattle, Washington


We're creating an airline people love. It begins with each Alaska Airlines employee, bringing unique strengths and energy to our work in the air and on the ground. Every day, we go beyond what's expected and reach for the remarkable, together.


Role Summary The Vice President Fleet and Finance represents an opportunity for an individual with deep expertise in acquiring, disposing and financing aircraft combined with a broad financial background and experience with capital providers to join the executive team of the fifth largest airline in the United States. The successful candidate must convey a strong executive presence and have the ability to persuasively deliver presentations to senior executives, the Board and third-party business partners.

Scope & Complexity This executive role leads a team of fleet and treasury professionals. This position reports to the CFO and provides thought leadership to the CEO, CFO and other Alaska Airlines and Horizon Air executives.

Key Duties

Procures our aircraft at the best possible economics:

  • This role is responsible for ensuring Alaska Airlines and Horizon Air fleet needs (acquisition and disposal) are met and financed in the most efficient, lowest cost, and effective way.

  • Oversees all aspects of aircraft leasing, including developing relationships with counterparties, analyzing lease structures, structuring and negotiating lease terms.

  • Cultivates and manages strong and productive relationships with aircraft manufactures and capital providers.

  • Works across various Alaska Airlines and Horizon Air divisions to understand fleet needs and emerging issues.

Maintains, monitors and controls our treasury functions:

  • Provides direction for the investment and treasury strategy of the company and oversees daily cash positioning and liquidity, management of the investment portfolio, forecast cash inflows and outflows, devise interest rate and commodity hedging strategies.

  • Manages commercial banking system and negotiates banking fees as necessary.

  • Manages temporary cash investment portfolio and sets the investment policy.

  • Oversees the defined benefit pension investment portfolio and chairs the pension committee.

  • Forecasts sources and uses of cash and maintains adequate liquidity. Partners with FP&A; and Tax department to ensure that both projected P/L results and cash tax requirements are understood and accurately reflected in cash flow projections.

  • Manages debt obligations and lender relationships and ensures that Alaska Airlines and Horizon Air remains in compliance with debt covenants and maintains process for reporting as required.

  • Responsible for the design and effectiveness of internal controls over all treasury functions and that controls meet the requirements of Sarbanes-Oxley.

  • Establishes policies for hedging interest rate and jet fuel exposures.

  • Manages Credit Rating Agency relationships and makes presentations as needed.

  • Coordinates with Director of Risk Management to issue/renew collateral (bonds/guarantees) for insurance purposes.

  • Leads discussions with the Board Finance Group including identify topics, prepares agenda and materials, and leads calls.

  • Assists with Investor Relations as requested, including presentations at investor conferences.

Job-Specific Skills & Education

  • Required

  • A minimum of 10 years of business experience with a minimum of 5 years of experience negotiating aircraft purchase, sale, and leasing transactions.

  • A minimum of 2 years of progressive management experience, with demonstrated success in a senior level position managing high-performing teams.

  • Excellent negotiating skills - with a demonstrated ability to successfully achieve business objectives while still maintaining positive working relationships with third parties.

  • Proven pre-existing relationships with the airline industry finance community, including established relationships with lenders and aircraft lessors.

  • Familiarity with GAAP and SEC reporting requirements for fleet-related areas such as treatment of leases and impairment.

  • Strong communication skills with demonstrated ability to work across business units and communicate with others in the executive group, board members, and investors professionally and efficiently.

  • Ethical beyond reproach, set the right "tone at the top", and have a tenacious attention to detail in both reporting and contract awareness and compliance.

  • Ability to motivate, mentor, and positively develop employees in the fleet and treasury group by being approachable, responsive, and supportive, ultimately creating a positive atmosphere.

  • Must have a "bias toward action", a demonstrated ability to get things done, and a conviction to make changes and improvements that are good for the business in the short and long-term.

  • A Bachelor of Arts or a Bachelor of Science degree, with a focus in business administration, finance, accounting, or a related discipline.

  • High school diploma or equivalent is required.

  • Minimum age of 18.

  • Must be authorized to work in the U.S.

  • Preferred

  • Master of Business Administration (MBA) degree.

  • Certified Public Accountant (CPA).

  • Understanding of cash management techniques, investment strategies, capital markets, debt and lease structures.

  • Familiarity with GAAP and SEC reporting requirements in for treasury related areas such as investments, debt and derivatives.

  • Familiarity with the operation of defined benefit pension plans and defined contribution plans.

Job-Specific Leadership Expectations

  • Embody our values to own safety, do the right thing, be kind-hearted, deliver performance, and be remarkable.

  • Proven ability to leverage business acumen and analytic capability to position the organization as a critical business partner.

  • Ability to engage with and establish credibility with business partners at the most senior/executive level.


Horizon Air and Alaska Airlines are equal opportunity employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.

Job ID: 33056

Location: Seattle, WA

Full/Part Time: Full-Time

Regular/Temporary: Regular