AF25315 - UAE National - Senior Accountant | Al Futtaim Group Real Estate | Dubai

Department: Al Futtaim Real Estate
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 28-Feb-2017

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 December 2013.

Doha Festival City, comprising 433,847 sq m (land) + 250,000 sq m (GLA) opened in April 2017, IKEA opened in March 2013.

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:

In this role you will assist the Financial Support / Audit / MIS / Tax / BE team in the preparation of monthly, quarterly reports and yearly reports. The Accountant shall participate in coordinating with the various business units in preparation of budgets, forecast and other reports.

Description and Responsibility: 

Financial Planning, Analysis, Reporting, MIS Maintenance:

  • To provide support to internal organizational customers primarily comprising the Finance teams and the business in relation to financial reporting and MIS.
  • Assist in the preparation and delivery of the various monthly, quarterly, and annual management reports and dashboards.
  • Assist in the creation and linkage of Budget, business plan &  forecast templates
  • Assist in the creation of ERP systems upload files and templates
  • Assist in the design, development and production of ad-hoc management reporting templates
  • Assist in the periodical financial consolidation and elimination of inter/intra group transactions across DFC entities.


About You:

Minimum Qualifications and Knowledge:

  • Graduate Degree in commerce/ Finance / Accounting from a recognized institute with knowledge of Financial Management and Accounting Systems is necessary.

    Minimum Experience: 

  • 0-2 Years of experience in financial reporting, FP&A, MIS, or Financial Systems.

    Job-Specific Skills

  • Advanced knowledge of MS Excel, MS Word and Power Point.

    Behavioral Competencies:

  • Positive attitude, with ability to manage expectations of the various stakeholders of the Retail & Commercial portfolio.
  • Ability to lead portfolios with constant motivation towards the next level of success.
  • Ability to manage time appropriately, communicate effectively with team members and business
  • Ability to approach problem solving with simplicity and logic, and to present solutions on financial matters to non-finance professionals.
  • Ability to think holistically and understand the chain impact of financial transactions on the overall business.
  • Ability to work under pressure without losing control over tasks assigned


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.