Jun 142017

Real EstateAl-Futtaim Group Real Estate (AFGRE) is responsible for the development and operations of Al-Futtaim’s real estate businesses across the Middle East and North Africa which includes:Dubai Festival City, a 520 hectare waterfront mixed use community, opened in 2005.Cairo Festival City, a 290 hectare mixed use development, opened in DeceMDer 2013. .Doha Festival City, comprising 433,847 sq m (land) + 250,000 sq m (GLA), IKEA opened in March 2013.Under Development: – Al Diriyah Festival City, Riyadh, Saudi Arabia: 260,000 sq m- Muscat Festival City, Oman: 100,000 sq m- Casablanca Festival City, Morocco: 120,000 sq m Doha Festival CityDoha Festival City provides Qatar with an easily accessible iconic leisure destination in this progressive, rapidly developing country.19 October 2011 marked the ground breaking for the 433,847 sq. m project, which will have some 250,000 sq. m of gross leasable area upon completion. Popular Al-Futtaim franchise brand IKEA is also part of Doha Festival City’s offering. The ground breaking for IKEA occurred in October 2011 and the 32,000+ sq. m store opened in March 2013. The remaining elements of Doha Festival City are due for completion in 2016.Doha Festival City is owned and developed by Bawabat Al-Shamal Real Estate Company W.L.L. (BASREC), the parent company and land owner of this iconic development. BASREC comprises four shareholders including Dubai-based Al-Futtaim Real Estate Services, Qatar Islamic Bank (QIB), Aqar Real Estate Investment Company and a private Qatari investor.From morning until night, entertainment, dining and relaxation choices abound at Doha Festival City, providing an array of exciting experiences for all the family with plenty of restaurants and cafes featuring regional and global cuisines.A 5 star hotel will also be featured within the city along with one of the largest conference centre in Qatar giving the business community an easily accessed business venue, with immediate access to a world of dining and leisure options.Al-Futtaim is the owner, developer and operator of the globally acknowledged Festival City brands in Dubai, UAE and Cairo, Egypt which have become the mainstay for leisure, shopping, residential and entertainment in the two countries.About the Position
The incumbent will be responsible for maintaining an up-to-date accounting record and database on a day-to-day basis. The ideal candidate would be process-oriented, pay close attention to detail, and have analytical thinking skills.

The role will involve reviewing and release of purchase orders after ensuring compliance with DOA and procurement policy; preparation of statement of accounts for withholding tax, VAT and follow up for payment to Tax authorities; assisting in the monthly closing process (i.e. record closing entries, prepaid expenses, accruals expense, provisions, and account reconciliations, periodic processes in SAP); ensuring bank reconciliation are reconciled and have no overdue reconciling items for the accounts payable; maintaining and updating the fixed asset register to ensure that information are updated; assisting in the preparation of the monthly reports and actuals vs budget analysis, providing ad hoc reporting as requested; preparing year end audit schedules to support the financial statements and conducting assets-OPEX physical count

The incumbent will report to the Finance Manager. The role will be based out of Mall Management offices at Doha Festival City, Doha, Qatar.
About You
We are looking for a person qualified with a Post-graduate degree in commerce / accounting / finance with knowledge of management reporting and accounting systems.

CA/CPA//CIMA/ACCA/CFA/CMA would be preferred.

Someone with 5-7 years of relevant experience with a strong knowledge of IFRS and ongoi

Job Details

Date Posted: 2017-06-14
Job Location: Dubai, United Arab Emirates
Job Role: Accounting and Auditing
Company Industry: Accounting/Auditing

Preferred Candidate

Career Level: Mid Career

Source: Bayt Dubai Jobs

Register to Apply Bayt jobs