Bayt.com
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Job Description

Overview of the role:

We are seeking a highly motivated and experienced Regional Financial Controller to oversee the financial operations of our Real Estate division. This role will be responsible for ensuring the accuracy and timeliness of financial reporting, implementing strong financial controls, and partnering with business leaders to optimize financial processes and systems.

 

What you will do:

Responsible for:

Financial Reporting & Standards:

  • Lead the preparation of accurate and timely statutory and management financial reports (standalone and consolidated) for a complex legal structure.
  • Ensure IFRS consistent application across all real estate legal entities.
  • Oversee the review and recommendations from auditors, implementing strategies to ensure compliance with regulations, standards, and best practices.
  • Control governance activities related to financial master data across the real estate businesses.

Financial Control & Risk Management:

  • Establish and enforce a robust financial control framework for the real estate, fostering consistent compliance across diverse units and countries.
  • Proactively identify and implement additional financial controls, optimizing risk management and accuracy.
  • Perform periodic reviews of Intercompany balances, ensuring balance and accuracy in financial reporting.

Process Optimization & Automation:

  • Identify and implement manual process automations to minimize preparation time and free up resources for high-value activities.

Real Estate Holding Companies:

  • Manage all financial aspects of the Real Estate Holding Companies.
  • Spearheaded the rationalization of the real estate legal entities, streamlining the structure, strengthening the compliance environment, and minimizing business risks.
  • Control over the consolidated accounts for the real estate, driving accuracy of results, effective performance evaluation, and process efficiency.

Leadership & Communication:

  • Present financial reports and analysis to senior leadership.
  • Partner with business leaders across the Real Estate division to provide financial insights and support strategic decision-making.


Skills

Required skills to be successful:

Job-specific skills:

  • High tolerance for ambiguity, changing work priorities and deadlines, and a willingness to take on responsibilities and to prioritize work on multiple projects.
  • Excellent interpersonal communication skills, including on sensitive topics.
  • Advanced analytical, organization, and interpersonal skills.
  • Experience in a fast‐paced, highly analytical, entrepreneurial environment – with ability and desire to help shape a new role and flexibly shift responsibilities over time as the role and department evolve.

 

What equips you for the role:

Minimum Qualifications and Knowledge: 

  • Finance related degree.
  • Big 4 experience is a plus.
  • CPA qualification is a plus.
  • Previous experience within Real Estate business is a must.
  • Previous experience within Construction and/or Facilities Management business is a plus.
  • Involvement in Financial IT systems implementation is a plus.

 

Minimum Experience:

  • 8+ years’ Experience in Financial Reporting, and audit management.


Job Details

Job Location
Dubai United Arab Emirates
Company Industry
Retail & Wholesale
Company Type
Employer (Private Sector)
Job Role
Finance and Investment
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1
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Al Futtaim Group logo
Al Futtaim Group

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

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