Job Requisition ID: 147042
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
To provide financial management decision support and control along with managing and controlling various financial and accounting systems and procedures of the company by the internationally accepted standard, and monitor its internal control to ensure financial stability and maintain complete transparency and accuracy in the system. This includes day-to-day accounting activities, month-end accounting, and fully engaging with the business to prepare plans, budgets, forecasts, and monthly variance analysis across the selected assets.
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.
Preparation of budgets in conjunction with all departments to ensure the reliability of the key assumptions. Control and monitoring of operating budget, investigating variances where necessary.
Develop reports and financial analysis as required for external and internal purposes.
Contribute to finance business excellence projects, particularly reporting automation and process improvements.
Oversee and ensure accuracy of bank reconciliations and reconcile the outstanding items.
Recommend and maintain a system of policies and procedures that impose an adequate level of control over finance department activities.
Liaise with external auditors and finalize audited financial statements as per set deadlines.
Ensure submitting the annual tax return and financial statements and making necessary payments to the tax authority and meeting other General Tax Authority requirements like withholding tax and contract reporting.
Monitor petty cash and ensure accurate bookkeeping and custody.
Assist the investment manager in monitoring the loan facility requirements/ covenants and make sure to submit any deliverable reporting to lenders.
Liaise with banks and lenders in Doha for banking operations.
Required Skills to be Successful
MS Office Proficiency.
Communication and Analytical skills.
Team Collaboration.
About the Team
The team is a group of highly motivated and collaborative Finance Professionals across Qatar, looking to add
one more colleague, all of them reporting to the Finance Manager.
What equips you for the role
Bachelor’s degree in Accounting or Finance.
5 - 7 years of experience in a relevant field.
Exposure to SAP is an asset.
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.
About Al-Futtaim Malls
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.
For more information on Al-Futtaim Malls, please visit https://www.al-futtaimmalls.com/
About Al-Futtaim Engineering & Technologies
Al-Futtaim Engineering & Technologies offers customers complete engineering and systems integration solutions.
The Engineering arm operates in the UAE, Qatar, Saudi Arabia and Egypt providing a wide variety of products and services from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, building products, MEP, Energy Management, Technology Infrastructure and Digital Transformation.
The Technologies division provides complete business solutions to large, medium and small customers that include, contact centre solutions, business applications, business intelligence, data management, advanced analytics amongst others. The IT infrastructure portfolio comprises IP telephony, ELV systems, networking solutions, professional audio-visual solutions and managed services.
These solutions are further complemented by services that include project management, installation, testing, commissioning and after-sales maintenance contracts.
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