Finance Manager - AFRE - Al Futtaim Group Real Estate

Al Futtaim Group

Dubai, UAE

Ref: HP698-11103

Job description / Role

Employment: Full Time

Finance Manager - AFRE - Al Futtaim Group Real Estate - Dubai

The purpose of this job is to ensure financial management across the real estate portfolio of Al Futtaim Real Estate. This includes managing financial accounting, month end closing and controlling various Financial and accounting systems and fully engaging with the business to prepare plans, budgets, forecasts and monthly variance analysis and reporting across AFRE portfolio.

Key Duties Include:
- Manage the AFRE finance team to deliver on time monthly accounting close for revenue and expense, financial reporting, cash flow forecasting and balance sheet integrity
- Preparation of budgets in conjunction with Leasing, Property Management and Facilities Management departments to ensure reliability of the key assumptions. Control and monitoring of operating budget, quarterly forecast, 5 year Plan, investigating variances where necessary
- Contribute to finance improvement projects for reporting automation, process improvements, develop reports and financial analysis required for internal and external purposes
- Ensure that Audit reports / schedules for statutory and / or internal audits are provided to the auditors as and when required

Requirements

- CA/CPA//CIMA/ACCA/CFA/B.Comm.with extensive knowledge of Financial management and Accounting systems. Some business development and process improvement skills.
- Minimum 5-7 years of experience in the field of Financial and Management accounting, preferably with real estate operations experience.

Job-Specific Skills:
- Demonstrated experience developing management reporting packs and presenting to senior leadership;
- Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects);
- Extensive knowledge of Financial package SAP and/or other ERP
- Experience with discounted cash flow valuations/purchase price allocation;

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.

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Sales Associate salaries in Bahrain

Average monthly compensation
BHD 250

Breakdown available for industries, cities and years of experience