Finance Analyst Majid Al Futtaim

Al Futtaim is currently looking for a Finance Analyst at Majid Al Futtaim in UAE who will be responsible for all accounting entries in the Hotel books and is the focal point of the Operator finance team for any accounting matter, ensuring compliance with International Financial Reporting Standards as well as local regulations under the leadership of Finance Manager. This position is responsible for the fixed assets registers of all HBU operating units across all countries and regions. The role is also responsible for review with hotel operator and GS team for proper and timely closing of the books of accounts on monthly and quarterly basis as well as at the year end, taking the ownership of the entire trial balance of HBU and represents a key contact for year end and quarterly external audit. This is a mid level full time role. The salary for this role ranges from 8000 AED to 20000 AED, which may be slightly negotiatable during the interview. 

Responsibilities of Finance Analyst

• 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 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.

Eligibility Requirements

The eligibility requirements for role of a Finance Analyst are as under:

• Bachelor’s degree in accounting or finance or other relevant business discipline.
• 5+ years’ experience in Hotel Accounting.

Skills Desired

• IFRS/IAS and local regulations knowledge and proficient in application of the same.
• Strong analytical, problem solving, and organizational skills as well as commercial sense.
• Initiative, detail oriented and self-motivated team player with ability to work independently.
•  Excellent interpersonal and communication skills.
• Extensive knowledge in computer applications (especially MS Excel) and business solutions software skills.

Finance Analyst NMC Royal Hospital Abu Dhabi

Finance Analyst Majid Al Futtaim