Permanent Capital Vehicles
Date published: 15-Jul-2019
Fortress Transportation and Infrastructure Investors LLC (“FTAI”) owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI currently invests across four market sectors: aviation, energy, intermodal transport and rail. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. The Company’s existing mix of assets provides significant cash flows as well as organic growth potential through identified projects.
FTAI Aviation owns and acquires high-quality jet engines and commercial aircraft, which are leased to operators or third parties.
The Company is externally managed by an affiliate of Fortress Investment Group LLC, which has a dedicated team of professionals who collectively have acquired over $17 billion in transportation-related assets since 2002. As of September 30, 2019, FTAI had total consolidated assets of $3.1 billion and total equity capital of $1.1 billion.
About The Position
This position is responsible for supporting the asset management department of the FTAI Aviation business. This person will be a key member in understanding and monitoring the various lease agreements and supporting new business initiatives and ensuring compliance with all aspects of the lease agreement.
Assists with the timely preparation, review, and tracking of a high volume of aviation-related agreements and related schedules/exhibits.
Track lease information and prepare lease summaries for review by management
Liaises with management and other internal/external customers and vendor representatives as part of the contract review team
Oversight of monthly invoices to ensure accuracy for all items including but not limited to monthly rent, supplemental rent and return conditions.
Liaison with Commercial and Legal teams on the drafting and execution of lease agreements, lease amendments and other legal documents as necessary.
Coordinate between multiple departments to ensure compliance with lease agreements
Negotiate and develop creative solutions with lessees in non-payment cases.
Special projects include focusing on process improvement and company policy making as required.
Implement and sustain process improvements through interdepartmental collaboration to drive achievement of organizational goals and departmental metrics for the creation of dashboards and reporting metrics
Contribute to internal technology project initiatives including development, testing and implementation.
Bachelor of Science in Business with a major in Finance (preferred), Accounting or other technical/mathematical discipline (with relevant business experience) strongly preferred.
2-4 years of relevant experience with at least two years at corporate level.
Airline industry field experience preferred but not required.
CPA preferred, but not required
Prior experience in a start-up company environment or enterprise-wide transformation a plus.
Ability to work in a fast-paced and dynamic environment.
Previous experience and proficiency with MS Office Suite, particularly Excel and Word
Demonstrated ability to work effectively with complex details and high attention to detail
Strong track record of delivering accurate, timely information and reports, with careful eye for detail.
Superior analytical, quantitative and communication (both oral and written) skills.
Must have strong drive and initiative with ability to balance multiple tasks.
Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.