Assistant Manager Corporate Finance

Job description / Role

Job Summary:
Assist Senior Manager Corporate Finance (N-3):
* Executing an effective financial forecasting and planning process including monitoring and tracking company financial performance
* Financial structuring and implementation of the financing strategy
* Managing relationships with the investor community and rating agencies

Roles and Responsibilities:
* Working in a Company with total assets of approximately AED47 billion, total debt of approximately AED15 billion, equity of approximately AED14 billion and a market cap of approximately AED13 billion
Financial Structuring
* Assist in implementing corporate funding strategy, evaluating the Company's financial structure and identifying various options and sources of capital including refinancing of existing facilities
* Follow-up with banks and financial institutions on Corporate and project funding arrangements
* Periodically monitor and review coverage ratios and various KPI's and issue regular reports for Executive Management and the Board
* Manage and monitor debt compliance and information requirements
Business Plan and Forecasting:
* Preparation, update and overall management of the 5 year Corporate Business Plan & Financial Projections
* Preparation and development of the Quarterly and Monthly financial reports, KPI's, and presentations in coordination with the Financial reporting function
* Review investment proposals for the Executive Management and the Board, conduct financial due diligence and prepare summary presentations for their review
* Monitor the Business Plan and Forecast for deviations and escalate to Executive Management as necessary.
Investor Relations and Credit Rating Agency Coordination:
* Preparation, update and dissemination of information packs and presentations for the credit ratings agencies, equity and credit analysts, investors, and quarterly earnings calls
* Creates presentations, press releases and other communication materials for earnings releases, industry events, and presentations to analysts, brokers and investors
* Maintain the Shareholder register

Reporting Lines:
* Report to: Senior Manager Corporate Finance (N-3)
* Report From: Associates in Corporate Finance (N-4) (2 direct reports)

Business capabilities:
* 8+ years of experience in corporate finance, fundraising and financial planning & analysis
* MENA Real Estate experience preferable

Interpersonal skills:
* Excellent financial analysis skills
* Excellent analytical skills, attention to detail to ensure high level of accuracy
* High level of professional and personal ethical standards
* Strong communication and interpersonal skills (verbal and written), adept at building strong relationships and team work

Key Performance Indicators:
* Accuracy and consistency of financial analysis and forecasts
* Selected financial metrics (liquidity ratio, cost of debt, etc.)
* Timeliness in generating financial reports

Requirements

* Bachelors degree in finance, or commerce, or economics or management from a reputable university
* Professional financial qualification e.g. MBA, CMA, CFA, CPA etc. is preferred

About the Company

The company has developed some of Abu Dhabi's most iconic and complex projects, from the Formula 1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Reem Island. Its property portfolio is diversified and balanced, with residential communities accounting for around half of assets, retail property representing a third, and the remainder split between commercial and hospitality.

With a land bank of over 77 million square metres, 90 percent of which is in special investment zones, Aldar Properties is focused on serving the growing demand in the UAE for high-quality and professionally managed property.

Aldar Properties is a strong partner of the Abu Dhabi government, which is a major shareholder. The business is aligned with the Emirates Vision 2030 strategy of economic diversification and social infrastructure development.