Al Futtaim Jobs - PLEX - Specialty Leasing Manager | AFGRE | Dubai, UAE (AE)

Job Requisition ID: [[93383]] 

 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

Al Futtaim Malls are pleased to announce the launch of PLEX Management Services, which will offer a wide range of Asset Management, Development, Leasing, HR, Finance and Brand Experience expertise to shopping malls and retail organizations in the MENA region. 

This new business venture aims to:

• Leverage our expertise & organization to grow our Malls business
• Expand our market share with new markets and retailers
• Develop and sell additional products, concepts and services
• Create new opportunities for growth of talent within the organization

 

Plex promises to offer expertise in design of integrated retail destinations, building and executing organizations that are preferred business partners, generating sustainable growth and long-term value creation thorough understanding of retail dynamics, shopping mall management and global best practice capabilities.

 

Job Title:                             Specialty Leasing Manager

Reports to:                          Mall Manager

Department:                        Mall Management

Location:                             Dubai UAE

 

JOB PURPOSE

To maximize incremental income for the mall and contribute in the achievement of business target through implementation of a competitive and innovative Specialty Leasing Programme directed at marketing, promoting and leasing of common mall and project area sites to external agencies, organisation, associations or individual operators.

 

KEY ACCOUNTABILITIES:

Business Plan & Leasing Strategy:

• Responsible for collating information from market/ team members/ research reports etc. and developing a business plan for Specialty Leasing in consultation with marketing and leasing department for presentation to the Mall Manager.

Implementation of Leasing Plan:

• Responsible for the implementation of the strategy for the Specialty Leasing Team, by ensuring collaboration with Marketing Team and capitalizing on periods of heavy traffic; seeking new opportunities for sponsorship. 
• Identify opportunities for converting unused common area into income producing areas in line with the overall strategy and direction.

Business Development:

• Lead the team in achieving specialty leasing targets, by identifying and marketing the concept and ‘offering’ to prospect companies/ organisations/ associations, as well as encouraging the participation of the long term retailers in such programmes.

Relationship between tenants in shops and Specialty Leasing Licensees:

• Communicate requirements of Specialty tenants to the Marketing and Tenant Coordination team; oversee the allocation of resources to licensees and meet the requirements as per the Contract, with the overall objective of ensuring that there is no direct conflict of trade with an existing permanent tenants; as well as resolving any disputes arising thereof.

Retail Standards:

• Work closely with the Specialty Leasing Team in monitoring the standards of presentation by Specialty/ Casual Licensees with respect to displays, fixtures and fittings, sightlines and access to kiosks, as well as regulate merchandising standards in conformance with the visual presentation standards of the mall and the other Common Areas, by carrying out regular inspection.

Administration:

• Responsible for effective administration of the Specialty Leasing business, such as allotment of space, fees, duration of lease; as well as administration of all License Agreements, correspondence, records, terms and conditions, and collection of monies due to the company with the objective of ensuring governance of such arrangements in a uniform and standards manner, as per Company policy and procedures and in consultation with relevant departments.

Financial:

• Report on a monthly basis, actual vs budget and quarterly forecast income. 
• Keep close monitor on all debtors and collection thereof.

Management Reporting: 

• Generate routine and ad hoc reports detailing the financial elements of the Specialty Leasing function, including income, expenses and budget comparisons with the objective of provide relevant information for the purpose of decision making on long term and short term strategies.

Equipment:

• Responsible for identifying and procuring the necessary equipment to support Specialty Leasing activities in conjunction with the Development and Tenant Coordination Departments.

Audit Compliance:

• Compliance with procedures to ensure that the team work within parameters set and agreed and in compliance with procedure, audit requirements and DOA.

 

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications and Knowledge:

• University graduate, preferably post degree qualification in Business Management or post graduate specialisation in Marketing.
• Bilingual - English and Arabic speaking skills desirable

 

Minimum Experience:

• Minimum 5-7 years of relevant experience in leasing or marketing preferably in shopping centres, whilst experience and knowledge in specialty leasing would be a definite advantage for the position.

 

Job-Specific Skills:

• Strong organisational and time management skills
• Proven specialty leasing and marketing skills
• Strong managerial, public relations and communication skills.
• Attention to detail and ability to manage multiple projects
• Knowledge of Microsoft Office

 

Behavioural Competencies:

• Teamwork and Cooperation
• Judgement and Decision making
• Creativity and Innovation
• Team leadership
• Negotiation and influence

 

 

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

 

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

 

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