Job Summary
| Position Title | Mall Manager |
|---|---|
| Hiring Organization | Al Futtaim |
| Base Salary | AED |
| Job Schedule | Full Time |
| Required Degree | Bachelor's Degree in business administration |
| Required Skills | Marketing, Accounting |
| Required Experience | 10-15 years |
| Joining | Immediately |
| Nationality | Any |
| Languages | English |
Position Details
- Responsible for the day to day management of the Shopping Centre across mentioned disciplines by setting the highest standards of center management ensuring the business is in line with revenue forecasts and budgeted expenditure to deliver the EBIDAT
- Shopping center management interaction; accounting, retailer relations, revenue generation and asset management responsibility; preparation of budgets and/or forecasts and business plans, coordination of specialty leasing program and coordination of the concierge program
- Day to day leader; overseeing personnel, development of on-site staff and interaction with corporate staff and involvement with community stakeholders
- Share in responsibility for maintaining the physical integrity of the Centre, creating an environment that enhances guest experience and store sales
- Primary focus is to increase the value of the Centre by increasing its Net Operating Income with minimal capital invested
Responsibilities
- Preparation of Retail Operations budget which includes projection for capital, man power, operating expenditure and income forecast to submit to Board of Directors for review
- Review frequently to ensure actual is in line with projection and takes remedial action against any negative variances
- Previous experience to be utilized, subordinate information and market trends to deliver a budget forecast for revenue and expenditure
- Identifying any possible concerns and report to Board of Directors
- Tight management of debtors and EBIDAT delivery are key objectives
- Instigate a proper s/c budget & matrix to ensure that all operational expenditure is fully recoverable from the tenants and audited at year end in accordance with International standards
- Assist with the preparation and review of monthly and annual financial reports, including re-forecasting, P&L, lease abstracting and budgeting
- Assists with collection of monthly receivables as requested by the Country General Manager
- Facilitates the management of the marketing program together with the Country General Manager and Marketing Manager
- Programs are consistently innovative, targeted and effective: budget well prepared and executed, Brand consistency maintained
- Present reports on tenants, income, expenditure, positioning and competition to the company from information compiled by his subordinates and Market Research in order to compare actual with budget projections and ways of further improving the company design concept
- Ensure update information is presented at all times from all sources whilst preparing reports in order to reflect, as best as he can, the actual status of the company
Requirements
- Knowledge of all aspects of leasing & marketing inc
- strategy, implementation and operation
- Ability to work with and communicate effectively with tenants, contracted services personnel and fellow employees
- Degree in business administration with specialization in Marketing & Real Estate with extensive knowledge of developing commercial Real Estate properties
- Masters in Business Administration (Marketing, Accounting) etc is preferred
- 10-15 years of experience in the relevant field in organizations of repute of which at least 5-7 years must have been spent in a top management of shopping center or retail management
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