What you will do:
- Support in the development and review of the accounting policies and procedures to meet the specific requirements of the real estate business.
- Conduct impact assessments of emerging accounting standards and ensure their consistent application across the CFC business.
- Provide expert opinion and interpretation of accounting policies and support in making complex accounting judgements.
- Implement Al Futtaim financial control framework and standards for CFC
- Monitor compliance with the framework and standards across all CFX business units.
- Drive process improvement initiatives to enhance efficiency and automation in accounting and finance processes.
- Lead the development and deployment of systems that has interface points with SAP across CFC.
- Support the rationalization of legal entities and SAP entities.
- Review monthly closing procedures and accrual bookings for accuracy (Pre-Close, During Close and Post-Close).
- Ensure the accuracy and substantiation of all the trial balance accounts by ensuring that all the balance sheet accounts are having high quality supports and schedules; Balance Sheet Substantiations.
- Lead periodic reviews of intercompany reconciliations.
- Lead the CFC consolidation and support the divisional system consolidation and oversee the closing and posting process.
- Coordinate with Regional Finance, Internal Audit to add all internal and external audit assignments.
- Review and approve financial master data.
Skills
Required Skills to be successful:
Minimum of 7 years of experience in the field of Finance and Accounting, out of which a minimum of 3 years in the Real Estate industry.
What equips you for the role:
- Post-graduate degree in commerce / accounting / finance.
- Knowledge of management reporting, automation and accounting systems is necessary.
- Accounting / Finance qualification (CPA, CA, CMA, ACCA, CFA, CIMA), MBA is a plus.
- Knowledge of ERP Financial Software is necessary; SAP and Yardi expertise will be preferred.
- Well-versed in EAS/IAS / IFRS.
- Well-versed in preparation of Financial Statements.
- Knowledge of Egypt Real Estate Laws, Guidelines, and directives is a desired skill.