Assistant Manager - Finance Control

Job description / Role

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:

Ensure accurate business reporting by adhering to robust closing activities.

What you will do:
- Ensures accurate and timely month, quarter, and year-end closing, providing necessary analysis.
- Maintains the Chart of Accounts, ensuring proper classification among account groups.
- Prepares monthly management reports and facilitates a clean year-end audit, assisting with financial audits and interfacing with auditors.
- Prepares and distributes timely, accurate financial statements and related analytical reports.
- Participates in special projects, ERP implementation, and adhoc analyses as assigned.
- Reconciles inter-company accounts and rectifies reconciling items, ensuring proper accounting in the General Ledger.
- Handles intercompany cost allocations and maintains accurate revenue and cost recognition databases.
- Ensures all month-end entries, such as pre-payments and accruals, are processed accurately and monitors tax entries, especially VAT accounting.

Requirements

Required Skills to be successful:

Minimum Qualifications and Knowledge:
- Strong knowledge of Egyptian Accounting Standards and IFRS.
- Solid background of real estate sector accounting.
- Strong Tax accounting and filing experience is preferred.

Job-Specific Skills:
- Excellent in Microsoft Excel, power point and WinWord.
- Strong understanding of setting up and organizing database and spread sheets.
- Strong verbal and written communication skills.
- SAP financial application experience preferred.

Behavioural Competencies:
- Strong communication skills.
- Teamwork.
- Strong leadership and management skills.
- Fast learner.

What equips you for the role:

Minimum Experience:

- 10 Years of relevant experience in Real Estate sector.

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.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.