AF25800 - Senior Financial Analyst - Business Excellence | Finance | Cairo Festival City | AFGRE | Cairo, Egypt

Department: Al Futtaim Real Estate
Country: Egypt
Location: Cairo I Egypt
Closing Date: 09-Apr-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 Vacancy:

  • To optimize the business and its operating model for assigned portfolios in line with the Business best practices and IT strategy. To manage all of the aspects of the Business processes & IT relationship for assigned portfolios.

  • Finance Excellence,  Transformation Design and Implementation

    • Work with Financial Controller, and GM Finance in Real Estate Group to contribute in developing the Finance strategy and roadmap, 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

    Demand and Relationship Management

    • Work with the team to setup governance structures in the respective line of business to ensure optimal blueprint design in alignment with the business and finance objectives; operating model optimisation; to track and communicate progress, issues and risks management


    • Support development of business cases, operating model changes, solutions, business buy-in; and integrate in planning and budgeting cycles and demand management process

    Business Optimization Priorities


    • 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


    • Identify key opportunities, (“To Be” business processes, associated business benefits, organization impact, etc.), build consensus with business leadership and integrate into demand management and implementation plans

    Leadership & Integration


    • Leverage the existing AFG Finance SME knowledge


    • Integration of the solution design, implementation roadmap into the respective Finance functions (change management)

About You:


Finance related  degree / MBA


Minimum Experience and Knowledge: 

4 - 5 years’ Experience in Real Estate Business Excellence / Transformation with involvement in Finance / Treasury transformation programs across various domains

Previous experience includes Contracting business is a plus

Previous experience in SAP, Estate Master and Argus is a plus


Job-Specific/Technical Skills:

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

  1. Good understanding of the business
  2. Ability to influence and motivate
  3. Well established knowledge within the Real Estate business and processes
  4. Level of expertise around Treasury / Finance and existing environments
  5. Open minded and Progressive thought leadership
  6. Ambassador of the Finance transformation programme in the respective functions
  7. Core member of the Finance Transformation program project team
  8. Team player
  9. Good communication skills
Note: you will be required to attach the following: 1. Resume/CV
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.