Job description

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:

Support the Controlling function by managing period-end closing activities, financial reporting, reconciliations, and financial analysis to ensure the accuracy and integrity of financial information. The role is responsible for maintaining the general ledger, preparing financial statements and management reports, supporting audit activities, and ensuring compliance with accounting standards, internal controls, and Group finance policies. The position plays a key role in enhancing financial governance, improving reporting accuracy, supporting system and process improvements, and providing reliable financial insights to support business and management decision-making.

What you will do:

• Manage month-end, quarter-end, and year-end closing activities, ensuring accurate and timely financial reporting in line with reporting deadlines.
• Maintain the integrity of the General Ledger and Chart of Accounts, ensuring proper account classifications, cost center allocations, and compliance with accounting standards.
• Prepare and distribute monthly financial statements, management reports, balance sheet reconciliations, and analytical reports to support business and management decision-making.
• Support internal and external audit activities by preparing audit schedules, providing required documentation, and ensuring compliance with Group Finance policies and accounting standards.
• Perform intercompany reconciliations and cost allocations, resolving reconciling items and ensuring accurate recording of intercompany transactions.
• Maintain accurate revenue and cost recognition records while ensuring month-end journals, including accruals, prepayments, and other closing entries, are processed accurately and on time.
• Participate in ERP implementations, system enhancements, automation initiatives, and ad hoc financial analyses to improve reporting efficiency and financial controls.
• Monitor financial transactions, including VAT accounting and other tax-related entries, ensuring accuracy, compliance, and adherence to internal finance policies throughout the reporting cycle.

Required Skills to be successful:

• 4+ years of experience in Accounting or Finance, preferably within the Real Estate sector, with proven experience in financial reporting, period-end closing, and General Ledger accounting.
• Knowledge of Egyptian Accounting Standards (EAS), IFRS, financial statement preparation, balance sheet reconciliations, and month-end, quarter-end, and year-end closing processes.
• Experience preparing management reports, financial analysis, and supporting business decision-making through accurate and timely financial reporting.
• Hands-on experience with SAP financial applications and ERP systems, with the ability to support system enhancements, process improvements, and finance automation initiatives.
• Strong analytical and problem-solving skills, with experience managing intercompany reconciliations, cost allocations, revenue recognition, and tax accounting, including VAT.
• Advanced Microsoft Excel and Power BI skills, with the ability to manage large datasets, perform financial analysis, and develop meaningful reports and dashboards.

What equips you for the role:

• Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
• Strong knowledge of Egyptian Accounting Standards (EAS), IFRS, and financial reporting best practices.
• Professional certification such as FMVA is considered an advantage.
• Experience within the Real Estate industry and a solid understanding of real estate accounting principles.
• Proficiency in SAP Financials, Microsoft Excel, and Power BI.

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.

For further information, and to apply, please visit our website via the “Apply” button below.