About this role
Overview Of The Role:
- The Manager - Investments plays a critical role in supporting the Real Estate Group with comprehensive financial analysis and strategic planning to ensure informed decision-making across various projects and ventures. The incumbent is responsible for managing and enhancing feasibility studies, conducting valuations, and leading financial modeling for investment opportunities. As an integral part of various financial exercises, including year-end valuations and master planning, the role involves collaboration with stakeholders and requires strong analytical abilities and effective communication skills. Success in this position depends on delivering timely and accurate reports that guide strategic initiatives, while fostering a culture of excellence in the organization.
What You Will Do:
Financial Analysis
- Conduct detailed financial analysis of acquisitions, development feasibility, master plan appraisals, and strategic planning across a diversified real estate portfolio.
- Review and challenge feasibility studies for greenfield and brownfield projects.
- Maintain and own valuation and feasibility models ensuring governance, version control, safe custody, and timely updates on a monthly, quarterly, and annual basis.
- Support portfolio-level financial analysis and appraisal of future development opportunities using bespoke Excel models and industry-standard software including EstateMaster and Argus.
- Contribute to year-end portfolio valuations and management KPI reporting, providing analytical support for budgets and strategic planning.
- Ensure accuracy, consistency, and high-quality financial insights to support senior management decision-making.
Project Management
- Review feasibility studies of projects under development/construction working closely with Commercial, Design, Development, Asset Management, and Finance teams.
- Coordinate and align input with various stakeholders to produce feasibilities for new projects.
- Ensure timely reporting of monthly development dashboard and monthly PCG project feasibility update.
- Own and manage the process of year-end valuation, producing internal valuations and coordinating external valuations for nominated assets.
- Play a leading role in the process of master plan feasibilities, capital budgets, and strategic plans.
- Lead M&A due diligence, supporting new real estate ventures through rigorous financial modeling and feasibility analysis.
People & Culture
- Develop a culture of excellence ensuring a great place to work for employees and maintaining industry reputation as the employer of choice.
- Work closely with other AFGRE stakeholders and executives to create a Best Practice Model.
- Design and implement excellence road map maximizing effectiveness of teamwork and continuous improvement in quality.
Required Skills To Be Successful:
- Strong experience using Estate Master software and building Excel feasibility models.
- Proficient in managing real estate valuations through Argus.
- Fluency in English with excellent communication skills.
- Proven critical and strategic thinking with problem-solving capability.
What Qualifies You For The Role:
- Business degree in Accounting, Economics or Finance.
- Qualification of CFA / CAIA / CMA / CFI; RICS qualification preferred.
- Minimum 8+ years of experience in investment and real estate feasibility field, with at least 5 years in the GCC region.
- Working knowledge of the construction/development and real estate industry including hospitality, commercial, retail, and residential sectors.
Other facts
About Al Futtaim Private Company LLC
Al-Futtaim Real Estate is the region’s only private master developer with over 60 years of real estate experience, with a diversified portfolio across the value chain.
The Real Estate Development & Asset Management arm of the Al-Futtaim group, Al-Futtaim Real Estate is responsible for a multi-billion-dollar portfolio comprising of individual, corporate real estate and investment assets and master-planned destinations across the Middle East and North Africa region.
The current flagship mixed-use urban communities under the Festival City brand are Dubai Festival City, Cairo Festival City and Doha Festival City.
Dubai Festival City and Cairo Festival City are fully integrated communities which have been carefully master-planned to offer a superior lifestyle destination with outstanding facilities, comprising residential and commercial accommodation, educational institutions and five-star hotels to fully complement the signature retail, leisure, and entertainment proposition.
Part of the real estate group, Al-Futtaim Malls have a directly managed portfolio including over 9 million sqft of retail space across five malls in the MENA region. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall in Casablanca, Morocco.
Leveraging on the expertise of its parent company, PLEX Management Services is the third-party management division of Al-Futtaim Real Estate that offers a full array of services including asset management and development, leasing, and brand experience expertise to shopping malls and retail organizations in the MENA region and beyond.
For a career with the Al-Futtaim Real Estate please go to our careers site at www.afuturewithus.com
What you'll do
- The Investment Manager is responsible for conducting detailed financial analysis, managing feasibility studies, and leading financial modeling for investment opportunities in real estate. The role involves collaboration with various stakeholders to ensure informed decision-making and timely reporting.
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