AF25301 - Finance Controller – Business Excellence | Al Futtaim Group Real Estate | Dubai, UAE

Department: Al Futtaim Real Estate
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 12-Mar-2017
Al-Futtaim

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

Real Estate

Al-Futtaim Group Real Estate (AFGRE) is responsible for the development and operations of Al-Futtaim’s real estate businesses across the Middle East and North Africa which includes:

Dubai Festival City, a 520 hectare waterfront mixed use community, opened in 2005.

Cairo Festival City, a 290 hectare mixed use development, opened in DeceMDer 2013. .

Doha Festival City, comprising 433,847 sq m (land) + 250,000 sq m (GLA), IKEA opened in March 2013.

Under Development:

  • Al Diriyah Festival City, Riyadh, Saudi Arabia: 260,000 sq m
  • Muscat Festival City, Oman: 100,000 sq m
  • Casablanca Festival City, Morocco: 120,000 sq m

Al-Futtaim Real Estate

Al-Futtaim Real Estate offers comprehensive services from selection of site and feasibility studies to construction and property management. The range of properties administered and leased in the UAE includes warehouses, showrooms, workshops, offices, villas and apartment buildings. Al Futtaim's warehousing complex at Rashidia in Dubai, measuring over one million square feet, is by far the largest owned by any company in the Gulf. This is used as a central warehouse for the group, stocking vast quantities of electronic goods, automobiles, commercial vehicles, heavy equipment and inventories of spare parts. The company also has some 200,000 square feet of showroom space and 600,000 square feet of workshops in Dubai, Abu Dhabi, Fujairah, Sharjah, Ajman and Umm Al Quwain. Among the largest of these are the showrooms of Al Futtaim Panatech and Al Futtaim Motors in Dubai.

Residential properties in Dubai owned by Al Futtaim Real Estate, include some 900 apartments and villas like Al Garhoud, Safa village and Al Hamriya Villa Compounds, Dar Al Muteena, Dar Al Buteen, Dar Al Buteen II, Dar Al Khabeesi, and Dar Al Muragabat. These properties are characterised by a high standard of accommodation and leisure facilities. In keeping with the economic growth of the United Arab Emirates and Dubai, it is envisaged that Al-Futtaim Real Estate will concentrate its efforts and resources towards the development of prestigious real estate complexes to supplement the growing demand for commercial and residential properties.

About the Position:

The responsibilities of this role is to optimise the business and its operating model for assigned portfolios in line with business best practices and IT strategy; to manage all of the aspects of the Business processes & IT relationship for assigned portfolios; work with Finance community, operational business lines within Real Estate and Engineering and other Finance transformation leads within Al Futtaim Group as “one team”.

The role will involve working with GM – Support in Real Estate Group to contribute in developing the finance strategy and road map, aligned with the overall strategic goals and the finance operating model; support the implementation of the Finance blueprint /  strategy in alignment with the core team across the group; create and supervise implementation and compliance with Policies, Processes and Procedure linked to the IT sphere; optimise the operating model; track and communicate progress, issues and manage risks; build detailed understanding of business performance, 'Stage Gates' operating model maturity and opportunities for improvement across the Finance landscape group-wide and within the LOB, etc.

This will be an individual contributor role and will report to the General Manager-Support.  The position will be based out of Dubai Festival City in Dubai, UAE.

 

 

About You:

We are looking for someone qualified in a finance related degree/MBA with 8 - 10 years’ of experience in the Real Estate Business Excellence / Transformation with involvement in Finance / Treasury transformation programs across various domains. Someone with previous experience in contracting business would be preferred. Previous experience in SAP, Estate Master and Argus would be an advantage. 

Someone with a deep and broad understanding of the Finance functions (reporting, budgeting and planning, operating models, high level understanding of systems and processes design, project implementations); ability to think strategically, influence upwards and into the organization; deal with complexity; influence and lead change, work together in a team; good communication skills would be a perfect fit.

Note: you will be required to attach the following: 1. Resume/CV
2. Passport-size photograph
 
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.