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Financial Analyst
4 weeks ago
Majid Al Futtaim Properties invites you to join us in our quest to create great moments for everyone, everyday We are the leading shopping mall, residential communities, and Hospitality pioneer across the Middle East, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.
**Role Purpose**:
The position is responsible for contributing to Asset Management Business Unit (AMBU) Financial Planning & Analysis (FP&A) Team’s planning and reporting by engaging with the shopping malls stakeholders to assist in the development and implementation of planning activities. This role involves collecting and analyzing financial data, assisting with budgeting and forecasting deliverables, forecasting processes and creating dynamic templates and reports. The analyst collaborates with senior financial planning team to ensure accurate and informed financial planning and reporting.
**Role Details - Key Responsibilities and Accountabilities**:
- Collaborate with Finance & Cross functional teams to develop annual budgets, forecasts, and long-term financial plans for each shopping mall.
- Monitor and tracking financial performance metrics and key performance indicators (KPIs), identifying areas of improvement, and suggesting corrective actions.
- Preparing detailed reports, presentations, and summaries to communicate financial analysis findings and recommendations to line manager.
- Liaising with the business stakeholders to secure accurate rolling forecasts and assist in identifying the risks and opportunities vs latest plan.
- Assist to deliver systems (Yardi, ABF, PowerBI, HFM) and process enhancements, including designing of reports for data analysis, monitoring performance and deriving insights.
- Conduct pre-close review with GS finance teams for review with line manager, ensuring completeness, sanity check and accurate closing of books.
- Collaborate with the FP&A team in resolving any reporting, budgeting, and forecasting system challenges.
**Functional/Technical Competencies**:
- Bachelor’s degree in Finance or equivalent. Professional qualification such as CPA / CMA /ACCA etc., is a plus, preferably experience in shopping malls industry.
- Experience in working with Oracle fusion, Hyperion and Yardi.
- Advanced Excel knowledge.
**Personal Characteristics and Required Background**:
- Minimum 1-2 years of post-qualification experience working within a finance support function, with exposure to financial and strategic planning responsibilities.
- Financial literacy and strong interpersonal and presentation skills.