Finance Controller

6 days ago


Dubai, Dubai, United Arab Emirates Al Futtaim Private Company LLC Full time

Job Requisition ID: 161589

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:

We are seeking a highly motivated and experienced Regional Financial Controller to oversee the financial operations of our Real Estate division. This role will be responsible for ensuring the accuracy and timeliness of financial reporting, implementing strong financial controls, and partnering with business leaders to optimize financial processes and systems.

What you will do:

Responsible for:

Financial Reporting & Standards:

  • Lead the preparation of accurate and timely statutory and management financial reports (standalone and consolidated) for a complex legal structure.
  • Ensure IFRS consistent application across all real estate legal entities.
  • Oversee the review and recommendations from auditors, implementing strategies to ensure compliance with regulations, standards, and best practices.
  • Control governance activities related to financial master data across the real estate businesses.

Financial Control & Risk Management:

  • Establish and enforce a robust financial control framework for the real estate, fostering consistent compliance across diverse units and countries.
  • Proactively identify and implement additional financial controls, optimizing risk management and accuracy.
  • Perform periodic reviews of Intercompany balances, ensuring balance and accuracy in financial reporting.

Process Optimization & Automation:

  • Identify and implement manual process automations to minimize preparation time and free up resources for high-value activities.

Real Estate Holding Companies:

  • Manage all financial aspects of the Real Estate Holding Companies.
  • Spearheaded the rationalization of the real estate legal entities, streamlining the structure, strengthening the compliance environment, and minimizing business risks.
  • Control over the consolidated accounts for the real estate, driving accuracy of results, effective performance evaluation, and process efficiency.

Leadership & Communication:

  • Present financial reports and analysis to senior leadership.
  • Partner with business leaders across the Real Estate division to provide financial insights and support strategic decision-making.

Required skills to be successful:

Job-specific skills:

  • High tolerance for ambiguity, changing work priorities and deadlines, and a willingness to take on responsibilities and to prioritize work on multiple projects.
  • Excellent interpersonal communication skills, including on sensitive topics.
  • Advanced analytical, organization, and interpersonal skills.
  • Experience in a fast‐paced, highly analytical, entrepreneurial environment – with ability and desire to help shape a new role and flexibly shift responsibilities over time as the role and department evolve.

What equips you for the role:

Minimum Qualifications and Knowledge:

  • Finance related degree.
  • Big 4 experience is a plus.
  • CPA qualification is a plus.
  • Previous experience within Real Estate business is a must.
  • Previous experience within Construction and/or Facilities Management business is a plus.
  • Involvement in Financial IT systems implementation is a plus.

Minimum Experience:

  • 8+ years' Experience in Financial Reporting, and audit management.

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.


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