Senior Analyst - Controlling I Real Estate I Finance

Job Requisition ID: 174813 

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

• The Senior Accountant GL is crucial in ensuring accurate business reporting through robust closing activities. The role involves managing the financial closing processes, maintaining accurate financial accounts, conducting audits, and preparing comprehensive reports. The individual will also participate in special projects and system improvements, supporting the Finance department in achieving operational efficiency and financial accuracy.

Month-End and Year-End Closing

• Ensure accurate and timely month, quarter, and year-end closing with all necessary regular and irregular analysis.
• Ensure clean and timely year-end audit and assist with financial audits, prepare audit schedules, and interface with auditors.
• Ensure all month-end entries are passed in the system such as pre-payments and accruals.

Financial Reporting

• Maintain the Chart of Accounts ensuring adequate and proper classification among account groups.
• Prepare monthly management reports immediately after month-end to meet reporting deadlines.
• Responsible for preparing and distributing timely and accurate financial statements and related analytical reports.

Reconciliation and Compliance

• Ensure reconciliation of intercompany accounts and rectify reconciling items.
• Monitor and ensure proper accounting of financial transactions in the General Ledger and correct cost and profit centers.
• Monitor bookings of tax entries, especially VAT accounting, throughout the month.

Special Projects and System Enhancements

• Participate in special projects, ERP implementation, and system enhancements as assigned, providing reliable system solutions when required.
• Handle intercompany cost allocations and maintain accurate revenue and cost recognition databases.

• Proficiency in Microsoft Excel and Power BI.
• Strong understanding of setting up and organizing databases and spreadsheets.
• Excellent verbal and written communication skills.
• Strong leadership and management skills.

• Strong knowledge of Egyptian Accounting Standards and IFRS.
• 4+ years of relevant experience, preferably in the real estate sector.
• FMVA certification preferred.
• Experience with SAP financial applications preferred.

About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years. 
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.