Finance Analyst Full-time Job

Responsibilities

Role Details – Key Responsibilities and Accountabilities:

Financial Control & Management:

Direct the predefined development expenditure and Fixed Assets related internal controls and recommend improvements accordingly across all countries and regions.

Assist Finance Manager in assessing, communicating, and managing all financial risks within the AMBU Finance “Hotels”.

Implement processes to ensure regular balance sheet, P&L and cash flow reviews are carried out as well as timely reconciliation of all cash, bank and intercompany balances, down to single asset level.

Ensure that GS project team capitalized all the projects in a timely manner and maintain consistent with IFRS and company policy and procedures.

Ensure processes and capability to produce and deliver timely and accurate statutory accounts that reflect the financial position of the HBU.

Ensure timely implementation of internal and external audit recommendations in all locations. Use technology as an enabler and lead Systems implementation and improvements initiatives from both an IT and financial perspective.

Execute reliable and efficient control systems that seek to prevent fraud and ensure appropriate controls are in place throughout the HBU.

Financial Reporting And Transaction Processing

Assists the Finance Manager for HBU’s financial reporting policy and guidelines to the projects, joint ventures, operating assets, and the head office of the HBU.

Provide hotel operational, financial, and accounting support to the Hotel Asset Management department.

Ensure timely physical asset verification at the hotels.

Work closely with Global solution team to reconcile balance sheet and Fixed Asset Register.

Compliance

Ensure compliance with all local and corporate laws, rules, and regulations and MAFP’s and HBU’s Finance Policies & Procedures.

Custodianship of all books and records of company transactions and assets at the projects, joint ventures, operating assets, and the head office level.

Liaise with external and internal auditors in support of their requirements.

Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.
A remarkable business success story, Majid Al Futtaim started from one mans vision to transform the face of shopping, entertainment and leisure to create great moments for everyone, every day. It has since grown into one of the United Arab Emirates most respected and successful businesses spanning 15 international markets, employing more than 43,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.
Majid Al Futtaim owns and operates 25 shopping malls, 13 hotels and four mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, Mall of Egypt, City Centre malls, My City Centre neighbourhood centres, and four community malls which are in joint venture with the Government of Sharjah. The Company is the exclusive franchisee for Carrefour in 37 markets across the Middle East, Africa and Asia, and operates a portfolio of more than 270 outlets in 15 countries.
Majid Al Futtaim operates more than 400 VOX Cinemas screens and 36 Magic Planet family entertainment centres across the region. In addition to iconic leisure and entertainment facilities such as Ski Dubai, Orbi Dubai and Ski Egypt, among others. The Company is parent to the consumer finance company 'Najm', and a Fashion and Home retail business representing international brands such as Abercrombie & Fitch, AllSaints, lululemon athletica, Crate & Barrel and Maisons du Monde. In addition, Majid Al Futtaim operates Enova, a facility and energy management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management. The Company also owns the rights to The LEGO Store and American Girl in the Middle East and operates in the food and beverage industry through a partnership with Gourmet Gulf.