Job Requisition ID: 160537Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world\'s most admired and innovative brands. Al-Futtaim Group\'s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every dayOverview of the role:The Development Analyst will provide essential support to the real estate development team by conducting research, assisting with financial analysis, and performing administrative tasks. This role offers an opportunity to gain valuable experience in the real estate development industry and contribute to the success of development projects.What you will do:Responsible for:Market Research and Analysis:
Conduct research on real estate markets, including demographic trends, competitive analysis, and property sales/rental data.
Assist in gathering and analyzing financial information, such as project budgets, cost estimates, and revenue projections..
Prepare reports, presentations, and summaries of research findings to support project planning and decision-making.
Financial Modeling:
Support the development team in building and maintaining financial models for real estate development projects, including cash flow projections and investment analysis.
Input data, update models, and perform basic calculations to assess project feasibility, returns, and risks.
Assist with sensitivity analysis and scenario planning to evaluate various project scenarios and potential outcomes.
Project Support:
Assist project managers in coordinating project activities, tracking milestones, and monitoring progress against timelines and budgets.
Support cross-functional collaboration with other departments, such as finance, legal, and construction, to ensure alignment and effective communication.
Help maintain project databases, update project status reports, and track key performance indicators (KPIs) for development projects.
Documentation and Reporting:
Assist in preparing project documentation, such as proposals, contracts, and presentations, ensuring accuracy and completeness
Prepare periodic reports, presentations, and dashboards summarizing project financial performance, key metrics, and market insights for management review.
Job Context:In this position you will operate within the boundaries of:
Company Policies and Procedures: Adhere to all company policies, guidelines, and procedures related to ethical conduct, confidentiality, data security, and professional behavior.
Legal and Regulatory Requirements: Ensure compliance with all applicable laws, regulations, and industry standards governing real estate development, financial analysis, and business operations.
Project Scope and Objectives: Work within the defined scope and objectives of each development project, ensuring alignment with project goals, timelines, and budget constraints.
Budgetary Constraints and Resource Allocation: Operate within the allocated budget and resource constraints for each project, optimizing efficiency and cost-effectiveness in project analysis and coordination efforts
Quality Standards and Deliverables: Maintain high-quality standards in all deliverables, including financial models, research reports, presentations, and project documentation, ensuring accuracy, clarity, and professionalism
Required skills to be successful:Job-specific skills:
Financial Analysis
Market Research
Project Management
Communication & Presentation
Behavioral Competencies:
Analytical Skills: Ability to analyze complex financial data, evaluate investment opportunities, and identify trends or patterns to support decision-making.
Attention to Detail: Strong attention to detail and accuracy in performing financial calculations, data entry, and documentation to ensure quality and precision in deliverables
What equips you for the role:Minimum Qualifications and Knowledge:
Bachelor\'s degree in Finance, Real Estate, Business Administration, or related field.
Minimum Experience:
0-2 years of experience in a relevant role, such as financial analysis, research, or administrative support; internship experience in real estate or finance is a plus.
Strong analytical skills, attention to detail, and ability to interpret complex financial data and market information.
Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced, dynamic environment
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and basic knowledge of financial modeling concepts.
Excellent organizational and time management skills, with the ability to prioritize tasks and manage multiple deadlines.
Strong written and verbal communication skills, with the ability to communicate clearly and professionally with team members and stakeholders.
Eagerness to learn and develop skills in real estate development, with a positive attitude and willingness to take on new challenges.
About Al-Futtaim Group Real Estate The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years. Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us. AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.