Finance Executive

About Al-Futtaim

Overview of the Role

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.