Job closed
Ref: MP703-75
Job description / Role
Handle all permanent lease / temp lease / P . M / Magic planet revenues for all business units, maintain proper A/ R records for all tenants
Key Tasks:
1.Review all new lease data on PMS compared with signed contracts.
2.Deposit & Record PDC received form tenants.
3.Maintain proper PDC collection sheet, to follow up collection.
4.Receive Checks & Deposit slips for all temp & permanent Leases.
5.Record annual billing for all tenants in PMS.
6.Match billing with collection.
7.Run monthly Revenue for temp & permanent leases, and IAS 17.
8.Prepare and process all utility invoices to all tenants for Chilled water / sweet water / service charges/ electricity etc.
9.Maintain complete tenants file.
10.Reconcile rent roll report with contracts summary sheet semi annually.
11.Reconcile on monthly basis temp revenue with operations tracking sheet.
12.Update Tenants sales sheet for sales rent calculation, raise and process % Rent invoice where applicable.
13.Generate relevant Integrity Reports (A/R integrity report, A/R and Advance balance report, unearned income report etc.) compare to respective GL account balances and ensure that all discrepancies are resolved in a timely manner.
14.Prepare monthly Carrefour inter-company reconciliation.
15.Maintain accurate records of security deposit detailed analysis.
16.Review all tenants' contracts before signature.
17.Provide weekly collection for cash flow forecast.
18.Control rejected cheques and ensure collection.
19.Recording M.P daily sales, using IC report, weekly.
20.Recording M.P temp / permanent lease revenue.
21.Controlling cash short/over report.
22.Reconciling daily sales with Cash deposit slips.
23.Perform surprise cash count quarterly for Magic .Planet
24.Prepare annual tenants account analysis.
Requirements
- Must have college or university degree.
- Experience in handling finance budgets.
- Experience in handling events is a plus.
- Flexible to multiple tasks; able to handle more than one thing at a time.
- Computer literate.
- Good communication skills (oral & written).
- Must have college or university degree.
- Experience in handling finance budgets.
- Experience in handling events is a plus.
- Flexible to multiple tasks; able to handle more than one thing at a time.
- Computer literate.
About the Company
Majid Al Futtaim Properties is one of MENAs leading diversified property companies with operations across shopping malls, hotels and mixed-use communities.
The Shopping Malls Business Unit, an industry leader, owns, manages and develops mall destinations that provide memorable shopping, entertainment and social experiences for its customers. Majid Al Futtaim Properties has pioneered the regional face of retail, leisure and entertainment, since the launch of its first mall, Deira City Centre in 1995. The companys mall portfolio includes 17 shopping centres across UAE, Bahrain, Oman, Egypt and Lebanon with a combined gross leasable area (GLA) of over 1 million sqm, more than 2,800 tenants and an increasing footfall of over 160 million visitors in 2013.
The Hotel Business Unit develops and manages hotels and branded serviced apartments that are synergistic with the companys malls. Majid Al Futtaim owns nine hotels in the UAE and two in Bahrain. Their strategic proximity to the malls contributes to welcoming over 1.2 million guests annually.
The Communities Business Unit develops quality mixed-use projects anchored by residential housing. Majid Al Futtaim currently has three communities under development. The Wave, a joint venture with the government of Oman to develop Muscats largest ocean-front integrated community; Al Zahia, a joint venture with the Government of Sharjah, to build the Emirates first gated residential community with a regional mall in a prime growth corridor; The 250,000 sqm Waterfront City development in Beirut, Lebanon, a joint venture with Socit Joseph Khoury & Fils Holding SAL to build Beiruts premier mixed used community with one of the largest marinas in the Mediterranean.
Majid Al Futtaim Properties is recognised as a sustainability leader in the MENA region. According to the 2013 Global Real Estate Sustainability Benchmark (GRESB) survey, the company ranks No. 1 in MENA, second in the Asia-Pacific region and in the top 133 property businesses worldwide. In 2013, Majid Al Futtaim launched its new five-year sustainability strategy with the vision to enhance peoples lives through sustainable real estate. This commitment is reflected in Majid Al Futtaim Properties pioneering standards, prosperous communities and high performance assets.