Finance Controller

at  AlFuttaim

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

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.

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.

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.

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.