Finance Executive - FP&A | Al Futtaim Financial Services | Rental & Leasing

Al-Futtaim; Dubai; On-site; AED 180,000 - 240,000; Full time

Job summary

Al-Futtaim seeks a senior FP&A/Financial Business Partner to support the Financial Services division (Hertz and Moov). You will collaborate with operations to optimize revenue, margins and costs across Rental, Leasing, and Subscription models, while leading forecasting, budgeting and reporting efforts.

The role requires 5+ years in FP&A, strong analytical skills, and expertise in SAP, Power BI, Excel, and IFRS standards, with experience in large multinational settings.

Qualifications

• Master's or bachelor's degree in Economics, Finance, Corporate Finance, or related field.
• CPA, ACCA, CIMA or equivalent certification.
• 5+ years of experience as Financial Business Partner/FP&A in large multinational or diversified corporations; leasing/rental industry experience is a plus.

Responsibilities

• Partner with operations management to drive revenue, margin, cost savings and fleet performance.
• Manage Profit Center and Cost Center reporting with recommendations on efficiency improvements.
• Provide commercial perspectives on growth initiatives and stress-test forecasts.
• Coordinate quarterly forecasts and planning exercises; manage cash flow preparations and transfers.
• Prepare monthly reporting packs and BRM/FRM decks; enhance automation of management reporting.
• Develop, maintain and customize SAP/BI based reports; explore process automation using AI and BI.
• Maintain group financial reporting tools and perform regular variance analyses.

Skills

Analytical thinking

Problem solving

Forecast stress-testing

Financial modeling

Education

Master's or Bachelor's in Economics/Finance

CPA/ACCA/CIMA certification

Tools

Excel

PowerPoint

Power BI

SAP

Job description

Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

Overview Of The Role:

• The Finance Executive position plays a crucial role in financial planning, analysis, and decision-making within Hertz and Moov's Financial Services division. This role involves partnering with operational management to drive revenue, optimize costs, and improve financial performance. The Manager will provide financial guidance, prepare forecasts and budgets, and ensure alignment of financial plans with business objectives. Additionally, they will be involved in reporting, process enhancement, and supporting automation initiatives, ensuring compliance and continuous improvement within financial operations.

What You Will Do:

Commercial Business Partnering & Decision Support

• Partner proactively with Operation Management to evaluate and drive revenue, margin, cost saving initiatives, and fleet performance across Rental, Leasing, and Subscription business.
• Support in evaluating investment decisions: non-fleet CAPEX and fleet CAPEX.
• Manage Profit Center and Cost Center reporting with recommendations on cost/margin efficiency improvements of profit-generating and supporting business functions.
• Act as a financial thought partner in Leasing and Rental business reviews, challenging assumptions, stress-testing forecasts, and providing commercial perspectives on growth initiatives.
• Conduct commercial control of OPEX, Direct fleet associated cost, and manpower cost, including validation and assessment of purchase requisitions.
• Support in fleet utilization and optimization initiatives through analyses of channels, vehicle segments, products, seasonality patterns; revenue yield per unit, idle fleet cost; maintenance and sales cycle lead-times.
• Monitor, develop, and support the implementation of commercial KPIs in periodic reports/dashboards (daily/weekly), analyzing trends, highlighting deviations from targets and performance risks, and opportunities.

Preparation of Forecasts and Budgets

• Coordinate quarterly forecasts and planning exercises.
• Manage entity Cash Flow preparations and coordinate cash planning and transfers with Group Treasury.
• Prepare Monthly reporting packs, BRM (Business Review Meeting), and FRM (Finance review meeting) presentation decks.
• Enhance and automate management reporting, trend historical and forward-looking reporting via BI tools or other dashboard solutions.
• Perform ad hoc FP&A reporting and financial modeling as requested by the manager.
• Support requirements gathering, design, testing, and implementation of financial planning tools for Lease, Rental, and Subscription financial statements.

Reporting & Analyses

• Coordinate financial planning inputs from business functions, ensuring accuracy and alignment with business objectives.
• Prepare Monthly Financials pack for entities.
• Conduct mid-month forecasts as required.
• Maintain Group Financial reporting, planning, and analysis tools (upload Budget/Forecast/Flash/Strategic plans and other relevant schedules and reports).
• Provide periodic analysis of variances between financial plans and actual results, offering explanations for key revenue, cost, and margin drivers.
• Conduct Monthly, Quarterly, and Ad-hoc reporting for Lease, Rental, and Subscription divisions.

Others

• Develop, maintain, and enhance internal process controls and implement internal audit recommendations in collaboration with divisional Risk and Operations functions.
• Develop and customize reports in SAP/BI based on business requirements.
• Explore and implement process automation using modern tools like AI and BI.
• Ensure system development documentation access, revision, and validation; represent the Finance department in system testing cycles.

Required Skills To Be Successful:

• Advanced proficiency in AI tools, Excel, PowerPoint, Power BI, and SAP.
• Knowledge and familiarity with IFRS accounting standards.
• Proven experience working in high-volume, transaction-intensive environments with large business scale and complexity.
• Strong analytical and problem-solving skills, with the ability to challenge assumptions and stress-test forecasts.

What Qualifies You For The Role:

• Master's or bachelor's degree in Economics, Finance, Corporate Finance, or a related field.
• Professional accounting or finance certification such as CPA, ACCA, CIMA, or an equivalent qualification.
• 5+ years of experience as a Financial Business Partner and/or FP&A role within large multinational and diversified corporations.
• Experience in the leasing and rental industry, with an understanding of commercial, operational, and financial drivers; Automotive/Financial services experience is a plus.