Senior Associate - Asset Management - (Retail)

Urban Ridge Supplies


Date: 9 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

Job Id: sqhYQUteUxTgGMEQOZmxWEA2vAy6DOUf+2Y/gCylPmldjk/YwmVY9bf9RAu5sv54S+ZBGC990El78RGkrwtTs+pGpB8OztId1Q==

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

Instructional Design Spec.

United Arab Emirates University, Department of Family Medicine, Abu Dhabi
3 hours ago
Job DescriptionThe Instructional Design & Development unit is located within the Digital Learning Department at the United Arab Emirates University (UAEU). The Senior Specialist Instructional Design is one who has demonstrated success in the building and management of multi-faceted teams. This individual is knowledgeable in the area of online/Blended instructional strategies on open online platforms such as edX and has...

Bell Attendant

Rixos Hotels, Abu Dhabi
1 day ago
Company DescriptionRixos Marina Abu Dhabi is a luxurious hospitality establishment that seamlessly combines modern elegance with world-class amenities. Nestled in the heart of Abu Dhabi, our resort offers an unparalleled experience for both leisure and business travelers. With a prime waterfront location, Rixos Marina Abu Dhabi sets itself apart as a premier destination for those seeking a blend of sophistication,...

Senior Security Engineer

Analog AI, Abu Dhabi
1 day ago
OverviewAbout AnalogAnalog is pioneering the era of physical intelligence. Where digital intelligence transformed our online lives, Analog is transforming the lived world, making cities more adaptive, industries more resilient, services more human centered, and experiences more extraordinary.At the heart of our approach are living world models, continuously updated, enriched by every capture point, every device, every interaction. Within them resides...