Assistant Manager - FP&A I Real Estate I Shared Services

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role:

The primary objective of this position is to deliver financial management decision support and oversight for revenue within the DFC, AFRE (Residential/Commercial), and Malls sectors. Responsibilities include overseeing daily accounting activities, month-end closing processes, and collaborating closely with the business to develop plans, budgets, forecasts, and conduct monthly variance analyses for designated assets. This role will actively support business decision-making and provide insightful feedback.

What you will do:

Responsible for:

1. Ensure timely completion of monthly accounting closes for revenue, financial reporting, cash flow forecasting, and balance sheet integrity. Verify that balance sheets are substantiated monthly with appropriate schedules and sign-offs.
2. Contribute to the development of business management relationships through monthly reviews and recommendation of improvement initiatives.
3. Prepare budgets and forecasts in collaboration with various business departments to ensure the reliability of key assumptions. Control and monitor the operating budget, investigating variances as necessary.
4. Responsible for re-forecasting the budget during quarterly financial reviews recommending upward or downward adjustments in light of market conditions and business requirements.
5. Contribute to finance improvement projects, particularly in relation to reporting automation and process improvements.
6. Develop reports and financial analysis as required for external and internal purposes.
7. Active co-ordination with the business teams to ensure smooth flow of information and act as a bridge between the business and the finance function to ensure accurate reporting.
8. Coordinate with the RESI/COMM and Malls Finance teams to analyse all financial aspects of the portfolios of operating assets.
9. Oversee the consolidation of revenue and the preparation of (KPIs) across various entities within the real estate group to ensure accurate reporting.

Required skills to be successful:

Job-Specific Skills:

1. Proficiency in MS Office (Word/ Excel/ PowerPoint/ Power BI).
2. Extensive knowledge of financial package SAP/ BPC, YARDI, ARIBA and/or other ERP.
3. Proficient in data analysis and financial modelling, with the ability to interpret complex data sets and create robust financial models to support strategic decision-making.
4. Teamwork.
5. Good interpersonal, management and communication skills both verbal and written.
6. Professional Knowledge.
7. Training & Coaching.

What equips you for the role:

Minimum Qualifications and Knowledge:

1. CA/CPA/CIMA/ACCA/CMA or a Finance Degree with extensive knowledge of financial management and accounting systems. Business development and process improvement skills. Having knowledge of Power Queries, Power Pivot and Power BI along with YARDI and SAP will be an added advantage.
2. Minimum of 5 years of experience in financial and management accounting.
3. Experience in real estate and mall accounting is preferred.

About Al-Futtaim Engineering & Technologies:
Al-Futtaim Engineering & Technologies offers customers complete engineering and systems integration solutions.

The Engineering arm operates in the UAE, Qatar, Saudi Arabia and Egypt providing a wide variety of products and services from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, building products, MEP, Energy Management, Technology Infrastructure and Digital Transformation.

The Technologies division provides complete business solutions to large, medium and small customers that include, contact centre solutions, business applications, business intelligence, data management, advanced analytics amongst others. The IT infrastructure portfolio comprises IP telephony, ELV systems, networking solutions, professional audio-visual solutions and managed services.

These solutions are further complemented by services that include project management, installation, testing, commissioning and after-sales maintenance contracts.