Assistant Finance Manager
4 weeks ago
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**
To provide financial management decision support and control across Doha Festival City, managing and controlling various financial and accounting systems and procedures of the company in accordance with the internationally accepted standard, and monitor its internal control to ensure financial stability and maintain complete transparency and accuracy in the system. This includes day-to-day accounting activities, month-end accounting, and fully engaging with the business to prepare plans, budgets, forecasts, and monthly variance analysis across the selected assets.
**What you will do**
- Manage the team to deliver on-time monthly accounting close for general ledger, fixed asset, tax, revenue and expense and ensure balance sheet integrity
- Ensure the accounts payable function is performed effectively in compliance with DOA and all relevant checks are made before releasing suppliers’ payments.
- Preparation of budgets in conjunction with all departments to ensure the reliability of the key assumptions. Control and monitoring of operating budget, investigating variances where necessary.
- Develop reports and financial analysis as required for external and internal purposes.
- Contribute to finance business excellence projects, particularly in relation to reporting automation and process improvements.
- Provide insightful information and expectations to senior executives to aid in long-term and short-term decision-making.
- Oversee and ensure the accuracy of bank reconciliations and reconcile the outstanding items. Recommend and maintain a system of policies and procedures that impose an adequate level of control over finance department activities.
**Required Skills to be Successful**
Communication
Teamwork
Analytical skills
**About the Team**
The Financial team is a group of highly motivated, collaborative, and fun professionals across Qatar, looking for a member to add to the department.
**What equips you for the role**
- Bachelor's Degree in accounting or finance.
- 5 - 7 years experience in aAP & GL.
- ERP Systems literacy is a must.
- Experience in managing a team.
**About Al-Futtaim Malls**
Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers.
Part of the Al-Futtaim Group, Al-Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, both from a shopper’s point of view but as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco.
Leveraging on the expertise of its parent company, Al-Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al-Futtaim Mall’s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.
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