Job Requisition ID: 182319
About Al-FuttaimEstablished in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.
Overview of the role:Ensure accurate and reliable business reporting through the execution of robust, well-controlled financial closing processes, maintaining consistency, compliance, and integrity across all reporting activities.
What you will do:
- * Financial Reporting & Closing
- Lead and ensure the timely and accurate completion of monthly, quarterly, and annual financial close activities.
- Prepare and review financial statements, management reports, and supporting analyses to ensure compliance with accounting standards and business requirements.
- Ensure all month-end journal entries, including accruals, prepayments, provisions, and adjustments, are accurately recorded.
General Ledger & Accounting Control
- * Maintain the Chart of Accounts and ensure the proper classification of transactions across account groups, cost centers, and profit centers.
- Ensure all financial transactions are accurately recorded in the General Ledger and comply with company policies and accounting standards.
- Monitor and review VAT and tax-related accounting entries to ensure accuracy and compliance.
Financial Analysis & Management Reporting
- * Prepare and distribute timely, accurate management reports, financial statements, and analytical reports to support decision-making.
- Perform regular and ad hoc financial analyses to identify trends, risks, and opportunities for improvement.
Audit & Compliance
- * Lead the coordination of external audits and serve as the primary point of contact for auditors.
- Prepare audit schedules, supporting documentation, and resolve audit queries in a timely manner.
- Ensure a smooth year-end audit process and compliance with all statutory and regulatory requirements.
Intercompany & Revenue Accounting
- * Oversee intercompany reconciliations and ensure timely resolution of reconciling items.
- Manage intercompany cost allocations and ensure accurate accounting treatment.
- Maintain accurate revenue and cost recognition records in line with applicable accounting standards.
Process Improvement & Systems Support
- * Support the Record-to-Report (R2R) team in the preparation of financial statements and reporting activities.
- Participate in ERP implementations, system enhancements, process improvement initiatives, and special projects as required.
- Drive continuous improvements in financial processes, controls, and reporting efficiency.
Required Skills to be successful:
- * 5+ years of relevant experience, preferably within the real estate sector.
- Advanced proficiency in Microsoft Excel, Power BI, and Word.
- Experience with SAP or similar financial systems is preferred.
- Proven track record in preparing high-quality financial statements in accordance with applicable accounting standards.
What equips you for the role:
- * Bachelor’s degree in Commerce, Accounting, or Finance.
- Strong knowledge of Egyptian Accounting Standards and IFRS.
- Professional certifications such as IFRS, CMA, or FMVA are a plus.
About Al-Futtaim Real EstateWith a legacy of more than six decades in real estate and asset management, Al-Futtaim Real Estate – part of Al-Futtaim – creates real impact on the communities it serves through long-term investment and growth. As one of the region’s leading private developers, the company plans, creates and manages developments across the MENA region.
Al-Futtaim Real Estate has a diversified, multi-billion-dollar portfolio across the real estate value chain and asset types such as residential, commercial, malls and industries including hospitality, healthcare, infrastructure and education. Flagship mixed-use urban communities include Dubai Festival City and Cairo Festival City.
Al-Futtaim Real Estate is also responsible for Al-Futtaim Contracting, a fully integrated, end-to-end specialist division operating across the UAE, Saudi Arabia, Qatar and Egypt. The business has delivered industry-leading construction, engineering, technology and FM solutions for more than 50 years.
