Job Description

The role will be responsible for assessing the development potential of a site/project as early as visioning stage including HBU analysis based on current and future market conditions, financial feasibility analysis and design conceptualization.

Once an opportunity becomes a project, you will be expected to provide timely, accurate and complete business financial analysis and recommendations by working closely with various internal and external stakeholders to ensure the execution of business objectives in terms of revenue generation, profitability, and overall strategy.

Core Responsibilities:

• Evaluate new and existing projects, investments, and assets to determine their validity and appraise their value.
• Conduct initial Highest and Best Use analysis based on site location, market demand & planning parameters.
• Prepare presentations for Gateway approvals including project brief, (pre)concept design, initial budget, CF’s forecast, and project returns (IRR, ROI, NPV).
• Create annual budgets for different business units/ departments and consolidate them into one master budget (including P&L, Cash Flows, Balance Sheet, and Assumptions).
• Create financial models to predict growth and forecast performance to support the business with sound financial guidance and strategic insights.

• Interact with the Leadership team, Heads of departments and senior management to understand their business operations and prepare budgets & business forecasts

• Create annual budgets for different business units/ departments and consolidate them into one master budget (including P&L, Cash Flows, Balance Sheet, and Assumptions).

• Prepare monthly P&L and Cash Flows rolling forecast and compare with budget and perform variance analysis to justify discrepancies.

• Analyze monthly financial performance (actuals) against budget and prepare commentary for management to explain discrepancies.
• Analyze the annual budget against long term strategic plan of the group and prepare variance analysis for the senior management team.
• Liaise with Head of Treasury and Accounts Payable team to ensure payments match with rolling forecast.
• Prepare ad-hoc management financial reports as required.

Strategic Responsibilities:

• Keep up-to-date with current future market trends in the Abu Dhabi real estate market for all common asset classes.
• Create financial models to predict growth and forecast performance to support the business with sound financial guidance and strategic insights.
• Interact with the Leadership team, Heads of departments and senior management to understand their business operations and prepare budgets & business forecasts.