Posted
Ref: HP698-14378
Job description / Role
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the role:
As part of the Regional Retail Leasing and Asset Management teams, your role is to manage documents, data entry, and financial reporting to support the execution of AFGRE's Leasing Admin strategy. You'll assist in achieving AFGRE's objectives within agreed timelines. Responsibilities include overseeing legal document preparation, using leasing systems like Yardi, and applying experience to plan and achieve goals effectively. Additionally, you'll direct supporting departments and understand budgeting principles for retail assets.
What you will do:
- Assist Regional Lease Admin Manager in planning reports and tactics to support Lease Admin strategy and manage regional reporting needs.
- Work within KPI parameters to ensure timely deliverables align with leasing department's vision and strategy.
- Collaborate with Regional Lease Admin Manager to prepare and maintain progress reports, including vacancy reports, renewals schedules, and operational reports.
- Maintain up-to-date tenancy schedules for Regional Retail Leasing team and centralized tracking sheets for various tasks.
- Coordinate between regional business teams, EIT, and vendors/partners for effective communication.
- Handle leasing administration tasks such as liaising for approvals, coordinating with tenants, drafting legal documents, managing payments, and ensuring quality control measures are met.
- Accurately document meeting actions, discussions, and outcomes while maintaining a detailed audit trail.
Requirements
Required Skills to be successful:
Minimum Experience:
- 3-4 years of lease administration experience, preferably in retail leasing/property management, and proficiency with Yardi software.
Specific Skills :
- Database management, financial systems proficiency, Excel proficiency, and familiarity with leasing systems and reporting.
- Experience in finance, reporting, and analytics is advantageous, as is proficiency in spoken and written Arabic.
- Capable of facilitating communication between leasing and finance teams, demonstrating strong organization, prioritization, proactivity, and teamwork, and effectively managing customer relationships and financial/lease data.
What equips you for the role:
Minimum Qualifications and Knowledge:
- Degree or equivalent level of education in any discipline preferable but not mandatory, dependent on previous experience and aptitude.
About Al-Futtaim Malls
Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers.
Part of the Al-Futtaim Group, Al-Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, both from a shopper's point of view but as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco.
Leveraging on the expertise of its parent company, Al-Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al-Futtaim Mall's deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.