Senior Analyst - FP&A I Real Estate I Finance

Job Requisition ID: 169707 

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 responsibility of the Senior Analyst is to manage financial operations and ensure accurate accounting for revenue within the DFC, AFRE (Residential/Commercial), and Malls sectors. Duties include overseeing daily accounting activities, conducting month-end closing processes, and providing insightful analyses and reports to support business decision-making.

What you will do:

Responsible for:

• 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
• 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.
• Responsible for re-forecasting the budget during quarterly financial reviews recommending upward or downward adjustments in light of market conditions and business requirements.
• Contribute to finance improvement projects, particularly in relation to reporting automation and process improvements
• Coordinate with the RESI/COMM and Malls Finance teams to analyse all financial aspects of the portfolios of operating assets.
• Oversee the consolidation of revenue and the preparation of (KPIs) across various entities within the real estate group to ensure accurate reporting.

Job Context:

The Senior Analyst shall ensure that the Accounting Policies of Al Futtaim are upheld and that all reporting is in accordance with International Financial Reporting Standards.

Required skills to be successful:

Job-Specific Skills:

• Proficiency in MS Office (Word/ Excel/ PowerPoint)
• knowledge of financial package SAP/ BPC, YARDI, and/or other ERP is preferred.
  
  

Behavioural Competencies:

• Teamwork
• Good interpersonal, management and communication skills both verbal and written
• Professional Knowledge
• Encourage subordinates
• Training & Coaching.

What equips you for the role:

Minimum Qualifications and Knowledge:

ACCA/CMA or a Finance Degree with knowledge of financial management and accounting systems. Some 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.

Minimum Experience:

• Minimum of 3 years of experience in financial and management accounting.
• Experience in real estate and mall accounting is 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.