Investment Manager | Real Estate | Corporate Finance

Job description / Role

Overview of the role

The investment manager will be responsible for leading financial analysis and strategic evaluation of acquisitions, development project feasibility, valuations, and master plan feasibility for the Real Estate Group. The role entails managing and owning comprehensive feasibility and valuation models, ensuring rigorous governance, secure custody, and timely updates of investment reports and financial analysis. Additionally, the investment manager will contribute to developing funding models and management KPIs, providing strategic insights to support informed decision-making and drive sustainable growth.

What you will do

• Liaise with Al Futtaim Investment department and external consultants to ensure accurate project cost and revenue and market trend information is integrated into investment reporting and management processes.
• Create benchmarking tool for revenue, OPEX, CAPEX, and investment yields.
• Fully own the update of feasibility files through Estate Master and carry out ad-hoc analysis on Estate Master or bespoke Excel models to support commercial and business decision making.
• Coordinate input with various stakeholders to produce feasibilities for new projects.
• Challenge input, ensure full audit trail of sources and ensure obtaining internal and external sign offs to assure assumptions are verified and are within market rates and tolerance.
• Ensure compliance with the processes and procedures governance and timely system updates.
• Ensure timely input and maintenance of information in the relevant systems.
• Ensure that feasibilities are updated in a timely manner responding to key changes in assumptions.
• Ensure Estate Master is fully used as the single source of truth for project feasibilities.
• Own and manage the process of yearend valuation and manage the various stakeholders related to this exercise.
• Produce internal valuations as well as coordinate external valuations for the nominated assets.
• Liaise with business owners to obtain sign offs on valuation assumptions and methodology used.
• Play a leading role in the process of masterplan feasibilities, capital budgets, and strategic plans along with funding requirement, returns analysis, and sensitivity analysis.
• Support the business with new M&A real estate ventures and due diligence mandates through rigorous financial modelling, preparing feasibility analysis, and market research.

Required skills to be successful

• Minimum of 10+ years of proven experience in investment analysis and real estate feasibility, with a strong track record of strategic financial evaluation and decision-making within the industry.
• Working knowledge of the construction and development and real estate industry including hospitality, commercial, retail, and residential is required.
• Must have experience using Estate Master software and building Excel feasibility models.

What equips you for the role

• Business degree in accounting, economics, or finance.
• Qualification of CFA, CAIA, CMA, or CFI.
• RICS qualification 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 to 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.