Senior Associate - Asset Management - (Retail)

ALDAR


Date: 13 hours ago
City: Abu Dhabi
Contract type: Full time
Job Purpose

  • Assist in the development and ensure integrity of overall Asset Management Strategy of assigned assets Manage the assigned retail assets P&L and B/S


This role is for UAE Nationals only.

Roles And Responsibilities

  • Assist in the implementation of retail management Strategy in the assigned retail assets
  • Prepare reports to support management requirements such as P&L for each assigned assets and consolidation of the combined assets for onward submission to the Head of Assets Management and operations
  • Analyze market trends to maximize profits and identify asset investment opportunities
  • Assist in any financial reporting by gathering data needed for in depth financial analysis (IRR, ROI, ROE) on assigned underperforming assets or attractive opportunities, on sale in the market to assess potential divestitures or acquisitions; provide input to Head of Asset Management and operations and head of retial asset management in making go/no go decisions on asset disposals based on results of feasibility study.
  • Devlop matrix to support Asset Ops during asset operations, review and recommend adjustments in case of deviations
  • Receive constant updates from retail General Managers on asst performance
  • Coordinate with other Retail GMs to develop and recommend synergies between various assets


Qualifications & Experience

RELATED YEARS OF EXPERIENCE:

Min of 6+ 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
  • Real estate valuation and management consultancy


KEY RESULTS AREAS:

  • Annual and YoY growth of occupancy level of assigned retail assets.
  • Realized NOI as % of target profits.
  • Revenues and NOI growth of assigned retail assets v/s previous year.
  • YOY Change in assigned retail asset values of existing prporties


TECHNICAL AND INTERPERSONAL SKILLS:

  • Ability in building and maintaining strong relationships with external service providers and customers
  • Good communication, planning and organizing skills.
  • Demonstrated skills in building and maintaining strong relationships with internal and external stakeholders.
  • Good negotiation and persuasion skills.
  • Good conflict resolution/management skills.
  • Good communication, and interpersonal skills.
  • Good relationship with major Middle East regional retailers.


QUALIFICATION(S):

  • Bachelor’s degree in engineering, business or economics, MBA

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

BIM/CAD Modeling Technician

Parsons Corporation, Abu Dhabi
10 hours ago
In a world of possibilities, pursue one with endless opportunities. Imagine Next!When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find...

Executive Director- Global Markets - Sales (Emiratized Role)

First Abu Dhabi Bank (FAB), Abu Dhabi
11 hours ago
Job DescriptionAs a member of the Corporate Sales Team, the incumbent will be focused on origination and distribution of Global Markets (‘GM’) solutions to key Corporate Clients in FAB. Incumbent is expected to have a deep understanding of GM products and the ability to engage with clients to provide timely and relevant solutions. Candidate will be a strong team player...

Guest Services Officer – Front Office (UAE National)

Park Hyatt, Abu Dhabi
11 hours ago
Organization- Park Hyatt Abu DhabiSummaryYou will be responsible to provide an excellent and consistent level of service to your customers. The Guest Services Officer - Front Office is responsible to contribute to the smooth and efficient running of the Front Office operations within the Rooms Division.QualificationsPassionate, action oriented and hardworking personalities with a minimum 1 year work experience in hotel...