Assistant Manager - Controlling I Real Estate I Finance

Job Requisition ID: 174814 

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:

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 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.