Finance Manager - Real Estate - 3431560

  • Finance Manager - Real Estate Jobs in Dubai - 3431560

  • 7 - 10 Years
  • Dubai (Dubai)
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Job Description

No two days are the same at Al-Futtaim, no matter what role you have Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get The chance to push the limits every single day

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees Youll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us

Come join us to live well, work better, and be the best

Job Title Finance Manager Business Decision Support Malls Group

Reports to Financial Controller - Business Decision Support Malls Group

Direct Reports Senior Accountant x 2

Department Al Futtaim Group Real Estate - Finance

Location Dubai Festival City

Job Purpose

The purpose of this job is to ensure financial management across the Malls Group, which currently consists of Dubai Festival City Mall and Festival Plaza This includes managing financial accounting, month end closing and controlling various Financial and accounting systems and fully engaging with the business to prepare plans, budgets, forecasts and monthly variance analysis and reporting across the Malls Group

Key Accountabilities

Manage the Malls Group finance team to deliver on time monthly accounting close for revenue and expense, financial reporting, cash flow forecasting and balance sheet integrity
Closing and Reporting as per group deadlines
Contribute to the development of business management relationships through monthly business reviews and recommendation of improvement initiatives
Complete Business review presentation, KPI reporting and Dashboards, and attend monthly review meetings
Preparation of budgets in conjunction with the retail, leasing & marketing departments to ensure reliability of the key assumptions Control and monitoring of operating budget, quarterly forecast, 5 year Plan, investigating variances where necessary
Prepare Annual Budgets Quarterly Forecast 5 year Plan Dynamic Budgets as per group deadlines
Contribute to finance improvement projects for reporting automation, process improvements, develop reports and financial analysis required for internal and external purposes
Ensure that Audit reports schedules for statutory and or internal audits are provided to the auditors as and when required
Suggest improvements in policies, procedures and Delegation of Authority and ensure compliance thereof in order to maintain strong internal control
Manage stakeholders across various departments in DFC and provide the required support to the initiatives driven by the Business Units and ensure healthy relationshipfeedback from the Business Units
People Management and Development Effectively lead the group by providing the necessary feedback, development opportunities and ensuring we have the right resources in place

Qualifications, experience, & skills

Minimum qualification- CACPACIMAACCACFA with extensive knowledge of Financial management and Accounting systems Some business development and process improvement skills

Minimum Experience

Minimum 7 years of experience in the field of Financial and Management accounting, preferably with mall operations experience

Job-Specific Skills

Demonstrated experience developing management reporting packs and presenting to senior leadership;
Proficiency in MS Office (Word Excel PowerPointMS Projects);
Extensive knowledge of Financial package SAP andor other ERP systems;
Knowledge in Yardi is highly preferable;
Proficient in accounting standards, particularly the ones relevant to the retail and real estate industry;
Experience with discounted cash flow valuationspurchase price allocation;
Experience in retail leasing industry either directly or as consultantauditor

Behavioural Competencies

Strong interpersonal, management and communication skills both verbal and written
Professional Knowledge
Encourage subordinates
Training & Coaching
Negotiation skills

Were 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

Profile Summary

Type:Company Job

Role:Cost Accounting/ ICWA

Industry:Consumer Durables/FMCG, Retailing

Salary:As per Industry Standards

Function:Accounting/Tax/Company Secretary/Audit

Deadline:13th Feb 2025

Company Profile

Industry Retail, Shops, Malls (Home Appliance/ Consumer Electronics Dealers, Service Centres)

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