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Job Description

Job Requisition ID: 164417 


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:


A finance professional to manage financial information for real estate development projects. This role involves overseeing the finance regional team, ensuring alignment with Group Finance objectives, and supporting the Finance Controlling team with fixed assets and daily operations. The candidate should have strong managerial and detail-oriented skills, as well as knowledge of compliance and governance. Effective communication and collaboration are essential for success in this position.


What you will do:


  • Ensures an accurate & timely month, quarter & year-end closing providing all necessary regular & irregular analysis.
  • Maintaining the Chart of WBS, AUC creation, profit, and cost centers related to the development activities to ensure adequate and proper classification among FS presentations.
  • Prepare the monthly reconciliation for the management reports.
  • Ensure a clean & timely year-end audit and assist with financial audits, prepare audit schedules, and interface with auditors.
  • Responsible for preparing and distributing timely, accurate the actual VS budget statement across all fixed assets along with all the analytical reports related and non-related to the financial statements.
  • Participate in special projects, ERP implementation, system enhancements, or ad hoc analyses as assigned.
  • Ensure that the provided data to the management are reliable and with a high level of accuracy.
  • Ensure that all the financial transactions are properly accounted for in the General Ledger and in the correct cost and profit centers, and WBS.
  • Maintaining accurate cost recognition, capitalization databases, and inventory analysis per unit for all our development projects.
  • Ensure all month-end entries are passed in the system.
  • Monitoring bookings of accruals, provision use, and no longer required.

Required Skills to be successful:


Minimum of 7 Years of relevant experience in the Real Estate sector.


What equips you for the role:


  • Strong knowledge of Egyptian Accounting Standards and IFRS.
  • Solid background in real estate sector accounting.
  • Strong knowledge of ERP Software is necessary; SAP and PMWEP will be preferred.

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.


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.


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