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Job Description & How to Apply Below
JOB PURPOSE
Support the execution of retail management strategy by analyzing financials, managing P&Ls, and support asset acquisitions, disposals, and transformations. Collaborate with teams to optimize asset performance, track financial targets, and identify investment opportunities for growth.
This role is for a UAE National.
ROLES AND RESPONSIBILITIES- Support the execution of Retail Management Strategy, prepare detailed P&L statements, and consolidate financials for review by asset managers.
- Support the development pipeline by collaborating with AI-DM for timely asset delivery.
- Conduct market studies and coordinate acquisitions, managing the integration and handover of newly acquired assets.
- Analyze underperforming assets (IRR, ROI, ROE) to recommend disposals or transformations.
- Monitor the P&L for assigned retail assets, ensuring financial targets are met through strategies like rent pricing and tenant mix.
- Assist in building business cases for asset transformations and manage P&L for community malls, advising on rent rolls, pricing, and asset operations.
- Analyze market trends and perform financial analysis on potential acquisitions, disposals, or transformations to identify growth opportunities.
- Contribute to the company’s growth by identifying investment opportunities. Coordinate with Retail GMs to identify synergies, optimize performance, and track monthly operational and financial targets.
- Provide insights to SVP Asset Management on cross-retail strategies, rent pricing, leasing/tenant mix, and KPIs to enhance asset performance and customer satisfaction.
Min of 8+ years of related experience in managing retail asset properties with annual revenue in excess of AED 1Bn million
FIELD OF EXPERIENCE- Experience in retail management i.e., malls and community retail
- Strong exposure to GCC real estate market
- Experience in Property Management and respective remedial auctions
- Good analytical skills
- Good conflict resolution / managements skills
- Good communication, planning and organizing skills
- Demonstrated skills in building and maintaining strong relationships with internal and external stakeholders
- Excellent negotiation and persuasion skills
- Interpersonal skills
- Excellent relationship with major Middle East regional retailers
Bachelor’s degree in engineering, business or economics, MBA
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