Share this Job

Associate Manager, FP&A

Date: 27-Apr-2022

Location: Dubai, AE

Company: Majid Al Futtaim

ROLE PROFILE

Job Title:

Job Code:

Financial Analyst

 

Job Holder (if currently filled):

Career Level:

 

Associate Manager

Reporting to:

Division/Department (if available):

Director, Financial Planning

CFO Division

Supervising (if applicable):

Job location:

 

Dubai, UAE

 

 

 

Job Purpose:

The position is responsible to prepare monthly management reports, forecasts & strategic plan financials, perform financial analysis, providing commentary for senior management.

 

The position plays an integral role in consolidating Forecasts, Budgets and strategic plans of MAFP. Scope includes liaising with Business Operations /Support, Head count, Projects and Operational Capital Expenditure plans across all BUs and regions.

Job Details – Key Responsibilities and Accountabilities:

   Business Insights & Strategic Support

  • Responsible to consolidate, perform analysis and provide commentaries for monthly management reports, quarterly forecasts, annual budgets and long term strategic plans.
  • Prepare monthly management reports, forecasts and planning presentations for Senior management and provide analysis, causes of change or negative variances and provide recommendations to management to enhance decision making.
  • Responsible for all data submission to Holding in Hyperion
  • Assist FP&A Manager to monitor key financial indicators or business drivers, highlight trends and analyzing cause of change in case of material variances.

   Financial Control & Stewardship

  • Assist the FP&A Manager to conduct robust constructive & critical business analysis using business acumen, performing sanity checks and contribute proactively in delivery of quality output /presentations.
  • Develop complex financial models for consolidation and variance analysis, what if scenarios /sensitivity analysis based on business drivers.

   Developing Talent & People

  • Provide functional and technical ERP related support to BU finance during the planning process.
  • Work with BU and functional leaders to set the expectations and help them in to improve reporting standards.
  • Proactively pursue and initiate opportunities to improve current reporting tools.

Personal Characteristics and Required Background:

Skillset (job specific technical skills and behavioral competencies needed)

  • Good analytical and financial analysis skills with passion for details and “digging in”.
  • Excellent communication, presentation (PPT) and excel skills.
  • Advanced knowledge of Real Estate Industry Theory, Practices and general business conditions. Reasonable understanding of business drivers, flow of activities, operations & strategies. Ability to build business storyline based on numbers
  • Knowledge of International Financial Reporting Standards (IFRS), especially the standards applicable for Real Estate Industry
  • High level conceptual clarity in understanding & interpretation of financial statements, knowledge of Joint Venture /Associate accounting, Mergers /Acquisition /Divestiture concepts, various methods of Accounting & Consolidation.

Minimum experience

  • At least 4 years’ experience of working in MIS /Planning function of comparable size company. Experience in real estate industry will be added advantage.
  • Experience of using ERP systems i.e. Oracle, Hyperion, Yardi.

Minimum Qualifications/education

  • Qualified Accountant: CA, CPA
  • Bachelors’ degree in Business Finance or Economics

 

Signature of Job Holder:

 

Approved By

 

 

 

Head of Division/Department/Sec:

 

Head of Human Capital: