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Assistant Vice President – Financial Planning & Analysis

Aldar Properties

Job Description

JOB PURPOSE

  • Executing an effective financial forecasting and planning process including monitoring and tracking divisional financial performance and projects financial performance
  • Quarterly Performance and KPI review
  • Financial Analysis for new business proposals
  • Preparation of FP&A presentations and reports for the management

ROLES AND RESPONSIBILITIES 

Business Plan and Forecasting:

  • Assist in preparation, update and overall management of the 5-year Business Plan & Financial Projections
  • Monitor the Business Plan and Forecast for deviations, keep the plan updated for quarterly changes and escalate to the Management changes as necessary.
  • Support management in planning capital allocation by building financial models to ensure that adequate funds are available, and investments are appropriately valued
  • Prepare management reports and presentations (funding requirements, valuations, capital allocation and surplus capital, scenario/sensitivity analysis, dividend analysis, credit ratios, other financial analysis, etc.)

Quarterly Performance and KPI review:

  • Preparation and development of the Quarterly performance reports and KPI’s for various projects and the division in coordination with the financial reporting and development teams

New Developments/Projects/JVs/Ventures Financial Analysis:

  • Provide financial analysis in line with internal policies for new business proposals (focusing on valuations, funding requirements and returns).
  • Review investment proposals for the Management, conduct financial due diligence and prepare summary presentations for their review

Financial Polices:

  • Assist in updating, monitoring and review of internal financial policies

REPORTING LINES 

Report To: VP – Financial Planning & Analysis

Report From: Development Management FP&A

KEY RESULT AREAS: 

  • Accuracy and consistency of financial analysis and forecasts
  • Timeliness in generating financial reports, analysis and models
  • Timely monthly performance reporting of projects

WORKING CONDITIONS: 

Regular working hours. Indoor Office.

RELATED YEAR OF EXPERIENCE

7 + years of experience in corporate finance and financial planning & analysis

FIELD OF EXPERIENCE

  • Advanced corporate finance and investment analysis experience
  • Real Estate experience preferrable
  • Good understanding of UAE real estate laws and IFRS accounting for a real estate developer

TECHNICAL AND INTERPERSONAL SKILLS

  • Excellent Excel modeling and Powerpoint drafting skills
  • Excellent analytical skills and attention to detail
  • High level of professional and personal ethical standards
  • Strong communication and interpersonal skills (verbal and written), adept at building strong relationships and teamwork

     

  • Bachelor’s degree in finance, or commerce, or economics or management from a reputable university
  • Professional financial qualification e.g., MBA, CMA, CFA, CPA etc. is preferred

To apply for this job please visit www.bayt.com.

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