Financial Analyst | Retail | IKEA Egypt

Job Requisition ID: 166221
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 A"rab 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 organisation 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 Financial Analyst will work within the finance team to support the accurate and timely processing of financial transactions and processes, as well as internal and external reporting requirements. Prepare monthly, quarterly, annual, and ad-hoc reports, including but not limited to financial statements for each brand and consolidated reports, by collecting data, analyzing and investigating variances, and summarizing data, information, and trends.
What you will do

• Prepare and submit financial reports in a timely and accurate manner
• Review financial statements' movement for the monthly/yearly closing purpose and support finance teams with the required adjustments (if needed).
• Coordinate with Retail Finance / Group Finance / Brands managers for all ad-hoc reports and analysis
• Review monthly financial statements' movement for the monthly/yearly closing purpose and support finance teams with the required adjustments (if needed).
• Delivery of the monthly close process, analyzing transactions, and preparing required journals.
• Driving continuous improvement within your own areas of responsibility.
• Prepare required reports and presentations for management meetings.
• Being fully aware of and actively complying with Al Futtaim policies and procedures relevant to your responsibilities and to corporate policies and procedures
• Performing any other reasonable duties as directed by line management.
• Prepare & compile previous years (LY) budgeted & actual business figures,
• Carry out logical analysis and submit to relevant line managers requesting current budgets.
• Support the budgeting process by consolidating reports and analysis and preparing the budget/LE summary by division/store/location
• submit for management approval - providing rationale and detailed information to provide guided business decision
• Once budgets are approved, carry out the phasing of the budgets for the year and upload information into the business system
• Communicate to the relevant parties their budgeted amounts

Required Skills to be successful

• Analytical skills,
• Financial modeling skills,
• Good communication skills

What equips you for the role
Minimum Qualification and Knowledge
Education: Degree in Finance, Accounting or Commerce
Minimum Experience
Minimum of 3 years experience in a similar role. Preferably with a retail background.
Behavioral Competencies

• • Individual Accountability
  • Continuous Improvement
  • Personal Leadership
  • Teamwork

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Before you click "apply": Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.