FP&A Analyst | Real Estate | Shared Services

Job Requisition ID: 167148 

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:

This position supports the Financial Planning & Analysis (FP&A) function for the RESICOMM+ businesses, playing a key role in driving strategic decision-making. The role is responsible for managing the financial planning and analysis cycle, including budgeting, forecasting, reporting, and analysis. Additionally, it involves close collaboration with cross-functional teams and Regional Finance to fulfill reporting requirements.

What you will do:

• Work with the various finance teams to deliver accurate monthly accounting close and balance sheet integrity through close monitoring and analysis of accounts.
• Compile monthly reporting packages to support CFC business reviews.
• Conduct a detailed financial analysis of the different financial cycles (i.e. sales, leasing, working capital, loans, etc..) and support the Finance Manager to present the findings to the management and ensure that any actions driven by the findings take place.
• Prepare CFC project funding and establish a control mechanism for cash flow. 
• Coordinate with Treasury on the management and operation of project financing.
• Support the development of the annual budget, including the P&L, balance sheet, and 5-year strategic plan.
• Prepare rolling forecasts for projects, incorporating new information and adjustments as needed.
• Develop cash flow forecasts for the entire project, reflecting surpluses or funding needs based on the development plan.
• Support the Financial strategic direction of the CFC RESICOMM+ business through monthly review and variance reporting and improvement initiatives.
• Develop reports and schedules as required for external and internal purposes to ensure that any business decision is backed up with the right financial data.
• Act as a key player between CFC RESICOMM Business Teams, Local Finance team, Shared Services Finance, Regional Finance, Group Finance, and internal management in managing CFC finance reporting and analysis needs.
• Support the finance improvement projects, particularly in relation to reporting automation, system implementation, and process improvements.

Required Skills to be successful:

0-1 years of experience in finance and accounting / Audit, preferably within a corporate or real estate environment.

What equips you for the role:

• Post-graduate degree in commerce/accounting/finance.
• Knowledge of management reporting, automation, and accounting systems is necessary.
• Accounting / Finance qualification (CPA, CA, CMA, ACCA, CFA, CIMA, MBA) is a plus
• Knowledge of ERP Financial Software is necessary; SAP and Yardi expertise will be preferred.
• Strong command of data visualization tools (Power BI, Tableau, etc.) and reporting formats to communicate findings effectively to stakeholders.

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 and 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.