Manager - Fp&a

**Job Requisition ID**:163883

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 A”rab 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 organisation 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**:
**In this role, we are looking for someone who will support the FP&A function for our residential and commercial businesses and play a vital role in driving strategic decision-making for the company. Responsible for the production of the financial planning and analysis cycle, from budgeting and forecasting to reporting and analysis. Partnering with cross-functional teams, Regional Finance, and Group Finance to ensure alignment with financial goals and objectives. Act as a business co-pilot assisting the financial controller and relevant asset management business departments with daily operations, decision-making, strategic business planning, monthly management meetings, and business reviews.**:
**What you will do**:

- Work with the various finance teams to deliver accurate monthly accounting close and balance sheet integrity through close monitoring and analysis of accounts.
- Compile monthly reporting packages to support CFC business reviews.
- Review monthly closing procedures and accrual bookings for accuracy (Pre-Close, During Close and Post-Close).
- Conduct and present a detailed financial analysis of the different financial cycles (i.e. sales, leasing, working capital, loans,..etc) to the management and ensure that any actions driven by the findings take place.
- Advise on CFC projects funding and establish a control mechanism for cash flow. Coordinate with Treasury on the management and operation of project financing.
- Support the development of the annual budget, including the P&L, balance sheet, and 5 Year strategic plan.
- Prepare rolling forecasts for projects, incorporating new information and adjustments as needed.
- Develop cash flow forecasts for the entire project, reflecting surpluses or funding needs based on the development plan.
- Support the Financial strategic direction of the CFC RESICOMM business through monthly review and variance reporting and improvement initiatives.
- Monitor the economy across the region with a focus on Egypt retail, residential, and commercial properties and advise the business on updates, risks, and opportunities.
- Develop reports and schedules as required for external and internal purposes to ensure that any business decision is backed up with the right financial data.
- Implement and maintain budgetary controls over operating expenses and capital expenditures.
- Review all the Lease Agreement Forms (LAFs) from a business and financial perspective. Conduct detailed analysis of RESICOMM lease revenue and debtors’ reports.
- Primary interface between CFC RESICOMM Business Teams, Local Finance team, Shared Services Finance, Regional Finance, Group Finance, Internal and External Audit, and internal management in managing CFC finance operations and financial reporting.
- Support the finance improvement projects, particularly in relation to reporting automation, system implementation, and process improvements.
- Review all the relevant internal notes, Purchase Requisitions, and request for approvals for OPEX and CAPEX and ensure that they are in line with the DOA and budgets.

**Required Skills to be successful**:
Minimum of 7 years of experience in the field of Finance and Accounting, out of which a minimum of 2 years in the Real Estate industry.

**What equips you for the role**:

- Post-graduate degree in commerce/accounting/finance.
- Knowledge of management reporting, automation, and accounting systems is necessary.
- Accounting / Finance qualification (CPA, CA, CMA, ACCA, CFA, CIMA), MBA is a plus.
- Knowledge of ERP Financial Software is necessary; SAP and Yardi expertise would be preferred.