Job Detail

Senior Retail Asset Management Executive - Black & Grey HR

Date Posted: Oct 01, 2023

Note: This job is sourced from Zoho Recruit jobs api provider. Jobs-nation takes no responsibility we are just a search data provider.

Job Detail

Location:

Abu Dhabi , UAE
Company:

Black & Grey HR
Type:

Full Time/Permanent
Shift:

First Shift (Day)
Career Level:

NA
Positions:

1
Experience:

5+ years
Gender:

No Preference
Degree:

NA
Apply Before:

Jan 01, 2024

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Job Description

Black & Grey HR is currently representing a leading developer in Abu Dhabi, UAE. Our client is seeking an Senior Retail Asset Management Executive who would be responsible to support business development activities, and operations of upcoming/ new projects within Retail portfolio of Asset Management.

- Support Senior Associates and senior leadership in the development of asset management strategies and plans for a real estate portfolio, optimizing financial and operational performance.

- Assist senior leadership in collaborating with the Corporate Marketing and Communications team to devise marketing strategies and action plans aimed at enhancing asset value and NOI on existing investment assets.

- Collaborate with cross-functional teams to design strategic plans at the asset level, ensuring coordination across departments to maximize asset value.

- Provide timely market intelligence insights to Senior Associates and Retail Managers to identify growth opportunities.

- Coordinate Service Level Agreements (SLAs) and contracts with internal and external stakeholders, service providers, and third-party operators for the retail portfolio.

- Prepare comprehensive financial reports, performance summaries, and investment presentations for internal and external stakeholders.

- Update quarterly reports, conduct valuation analysis, prepare cash-flow projections, and generate other periodic and ad-hoc reports as required.

- Manage financial transactions related to asset management, including contractual obligations, purchasing, and procurement requests.

- Assist Asset Management senior leadership in developing annual budgets for Marketing, Leasing, and Community Management at the asset level, ensuring alignment with the strategic plan.

- Conduct regular monitoring of asset performance (e.g., rent recovery, footfall, turnover, sales, etc.) for the assigned portfolio.

- Collaborate with the Finance team to develop, manage, and recover service charges for retail assets.

- Coordinate with the Design & Delivery team and other functional teams for retail asset openings.

- Work closely with Sales & Leasing teams to determine tenant mix, lease tenure, and asset weighting for the portfolio, focusing on cash flow continuity, risk diversification, and value.

- Stay informed about industry trends, regulations, and the competitive landscape within the retail sector to identify new market opportunities, assess potential implications on tenancy, and benchmark against competitors.

Requirements

Qualifications:

- Bachelor’s degree in Business Administration, Real Estate, Finance, or a related field.

- Minimum 4 years of experience in managing or supporting diverse real estate/retail portfolios.

- Expertise in UAE Retail market dynamics and regulatory landscape.

- Proficient in MS Office suite (Excel, PowerPoint, Word).

Preferred Skills:

- Industry-related certifications.

- Fluency in Arabic.

- Exceptional financial and operational acumen.

- Outstanding written and verbal communication skills in English.

- Proactive, independent decision-making abilities.

- Robust negotiation skills.

- Skill in cultivating strong, trusted relationships with various stakeholders.

Attributes:

- Highly organized, creative, and proactive in approach.

Benefits

Competitive Salary Package

Benefits

Skills Required

Job is expired

Company Overview

Black & Grey HR

Longowal, UAE

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