Assistant Vice President Asset Management Full-time Job

3 weeks ago   Accounting & Finance   Abu Dhabi   64 views Reference: 31779
Job Details

Roles And Responsibilities

Take charge of asset management investments proposals across all stages of the transaction from sourcing to execution

Responsible for building financial and valuation models and assisting with budgeting, forecasting, and assessing financial results, in addition to valuing intangible assets and determining purchase price allocations.

Prepare presentation materials/memoranda and financial and impact assessment reports for the executive MGT.

Track/monitor the portfolio’s business performance and provide periodic report to the line manager.

Monitor the matrix to support Asset Ops during asset operations, review and recommend adjustments in case of deviations.

Receive constant updates from retail General Managers on asset performance.

Coordinate with other Retail GMs to develop and recommend synergies between various assets.

Undertake deep dives into the business operations /financial performance and prepare recommendation papers to management, highlighting areas of organizational and operational of improvement and efficiencies, revenue generation and cost saving.

In coordination with the senior management, implement the financial and strategic metrics to establish the positioning of the portfolio, and ensure alignment of the operating plans.

Assist in developing the strategic & five-year business plan, risk registers and mitigation plans for the portfolio.

Assist in the yearly valuation cycle of the portfolio.

Qualifications & Experience

RELATED YEARS OF EXPERIENCE:

Min of 6+ years of related experience in managing retail asset properties with annual revenue more than AED 100 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:

Accurate financial modeling and valuation.

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.

TECHNICAL AND INTERPERSONAL SKILLS:

Good communication, planning and organizing skills.

Demonstrated skills in building and maintaining strong relationships with internal and external stakeholders.

Proven track record in conducting valuation / financial models.

Able to analyze, evaluate and move quickly to support rapid decision making.

Good negotiation and persuasion skills.

Good conflict resolution/management skills.

Good relationship with major Middle East regional retailers.

Company Description
We developed exciting and innovative project from residential to retail, hospitality and commercial, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Islands F1 circuit.
Behind our success there are over 500 multi-disciplinary staff providing expertise and knowledge from around the globe.