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Assistant Manager - FP&A | Real Estate | Asset Management

Assistant Manager - FP&A | Real Estate | Asset Management

ACCA CareersDoha, Ad-Dawhah, Qatar
2 days ago
Job description

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 Arab 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 organization 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 Assistant Finance Manager for FP&A and AP is responsible for providing crucial financial management support and control within Doha Festival City. The role entails managing and controlling various financial and accounting systems, ensuring financial stability by monitoring internal controls and promoting transparency and accuracy in financial operations.
  • Key responsibilities include the oversight of daily accounting activities, month-end procedures, and active engagement with the business to prepare financial plans, budgets, forecasts, and conduct monthly variance analysis across assets. The incumbent should also guarantee compliance with International Financial Reporting Standards and contribute significantly to financial excellence and process improvement projects.

What You Will Do

  • Manage the team to deliver on-time monthly accounting close for general ledger, fixed asset, tax, revenue and expense and ensure balance sheet integrity.
  • Ensure accounts payable function is performed effectively in compliance with DOA and all relevant checks are made before releasing supplier payments.
  • Preparation of budgets in conjunction with all departments to ensure reliability of the key assumptions and monitor the operating budget, investigating variances where necessary.
  • Develop reports and financial analysis as required for external and internal purposes, ensuring completion within company timelines.
  • Contribute to finance business excellence projects, focusing on reporting automation and process improvements.
  • Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making.
  • Oversee and ensure accuracy of bank reconciliations and reconcile the outstanding items on time before closing.
  • Recommend and maintain a system of policies and procedures that impose an adequate level of control over finance department activities.
  • Required Skills To Be Successful

  • Strong team management and leadership capabilities.
  • Excellent verbal and written communication skills.
  • Advanced proficiency in financial analysis and reporting.
  • Ability to drive process improvements and automation initiatives.
  • What Qualifies You For The Role

  • CA / CPA / CIMA / ACCA / CFA / CMA or equivalent certification.
  • Minimum 10 years of experience in financial and management accounting, with a focus on real estate.
  • Proficiency in MS Office Suite (Word, Excel, PowerPoint, MS Projects) and experience with ERP systems like SAP.
  • Demonstrated ability to develop management reporting packs and present to senior leadership.
  • Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers. Part of the Al-Futtaim Group, Al-Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, both from a shopper’s point of view but as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco. Leveraging on the expertise of its parent company, Al-Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al-Futtaim Mall’s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.

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    Assistant Manager • Doha, Ad-Dawhah, Qatar

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