VP Corporate FP&A

Europcar•Dallas, TX

23h

About The Position

The Vice President, Corporate FP&A is a key member of the company's senior finance leadership team and is responsible for leading the enterprise-wide financial planning, forecasting, budgeting, performance management, and strategic analysis functions. This executive will serve as a strategic partner to the CFO, CEO, executive leadership team, and operating leaders, translating business performance and market trends into actionable financial insights and recommendations. The VP of Corporate FP&A will have particular responsibility for understanding and managing the financial drivers of a rental car business, including fleet size and mix, vehicle utilization, rental revenue, pricing, fleet depreciation, vehicle acquisition and disposition, maintenance costs, labor, airport and neighborhood location economics, insurance, damage, and corporate overhead. The successful candidate will combine strong technical FP&A capabilities with a deep understanding of operational economics and the ability to influence decisions across a complex, asset-intensive organization.

Requirements

Strong technical FP&A capabilities
Deep understanding of operational economics
Ability to influence decisions across a complex, asset-intensive organization

Responsibilities

Lead the company's annual budgeting and long-range financial planning processes.
Develop and maintain rolling forecasts for revenue, EBITDA, cash flow, capital expenditures, fleet investment, and other key financial metrics.
Establish consistent forecasting methodologies, assumptions, and reporting standards across the organization.
Develop scenario analyses to evaluate changes in rental demand, pricing, fleet levels, vehicle costs, interest rates, labor, and other major business drivers.
Partner with business leaders to develop financial plans aligned with the company's strategic objectives.
Provide executive leadership with forward-looking visibility into financial performance and risks.
Develop and maintain a comprehensive understanding of the financial drivers of the rental car business, including: Fleet size, mix, age, and availability; Fleet utilization and vehicle-days rented; Rental days and transaction volume; Average daily rate (ADR); Revenue per available vehicle; Revenue per rental day; Ancillary revenue and products; Vehicle depreciation and residual values; Vehicle acquisition and disposition economics; Maintenance and repair costs; Transportation and vehicle movement costs; Insurance and damage expense; Location-level profitability; Airport versus neighborhood/off-airport economics; Labor productivity and staffing levels; Customer acquisition and marketing costs; Financing costs and fleet funding requirements.
Translate these operational metrics into financial forecasts and actionable recommendations for management.
Develop executive dashboards and management reporting packages that clearly communicate business performance.
Lead monthly financial reviews with the CEO, CFO, executive team, and operating leadership.
Identify significant variances between actual results, budget, and forecast.
Explain the underlying operational drivers of financial performance rather than simply reporting variances.
Develop corrective action plans with business leaders when performance deviates from expectations.
Establish and monitor financial and operational KPIs throughout the company.
Partner closely with Fleet, Procurement, Operations, Treasury, and Accounting to optimize the financial economics of the company's vehicle fleet.
Forecast fleet requirements based on demand, seasonality, utilization, and market conditions.
Model vehicle acquisition and replacement strategies.
Evaluate purchase versus alternative fleet sourcing strategies.
Analyze vehicle depreciation and residual-value assumptions.
Develop fleet disposal forecasts and expected proceeds.
Assess the financial impact of fleet age and vehicle mix.
Analyze fleet funding requirements and their impact on liquidity and leverage.
Build models evaluating fleet size and utilization trade-offs.
Partner with Treasury on fleet financing and cash-flow planning.
Partner with Revenue Management and Operations to evaluate pricing, demand, and fleet availability.
Analyze the relationship between rental rates, utilization, fleet availability, and revenue.
Develop financial models supporting pricing and revenue-management decisions.
Evaluate the financial impact of promotions, discounts, loyalty programs, and ancillary products.
Provide management with scenario analysis regarding demand and pricing changes.
Establish financial performance metrics at the location, market, and regional levels.
Analyze location profitability and contribution margins.
Identify underperforming locations and develop financial improvement plans.
Evaluate new location opportunities, relocations, closures, and expansions.
Partner with Operations to improve labor productivity and controllable operating costs.
Develop unit economics and benchmarks for rental locations.
Provide financial analysis for major strategic initiatives, acquisitions, partnerships, and investments.
Develop business cases for new markets, products, services, and operating models.
Evaluate potential acquisitions and strategic investments.
Build financial models for long-term strategic decisions.
Support the CFO and CEO with ad hoc financial analysis and executive-level decision support.
Partner with Treasury, Accounting, and Operations to develop enterprise cash-flow forecasts.
Integrate operating forecasts with fleet capital requirements and financing needs.
Develop capital expenditure forecasts and monitor investment returns.
Evaluate the financial impact of changes in fleet purchasing, vehicle disposal, and working capital.
Provide management with visibility into future liquidity requirements.
Lead, develop, and mentor the Corporate FP&A organization.
Establish clear roles, responsibilities, processes, and performance expectations.
Build a high-performing team capable of supporting both corporate and operational finance.
Develop standardized financial models, reporting processes, and analytical tools.
Promote a culture of accountability, financial discipline, and fact-based decision making.
Partner with Finance leaders across Accounting, Treasury, Tax, and Operations Finance to create an integrated finance organization.