Junior Leasing Analyst

• Description:

  • Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

    Role Details – Key Responsibilities and Accountabilities:

    Assist and support Line Manager with the following: Analyse centre attributes and market variables to support the leasing strategy and operational initiatives, including utilization of demographic data and analysis tool Support with managing data sets utilized in mapping and demographic analysis, including centres, tenants, competitors etc. Assist in the development and monitoring of executed leases, lease renewals / portfolio data base Assist in maintaining Centre investment models including those related to upcoming centres, lease renewals, consolidation opportunities and major capital expenditures Analyse market conditions, including peer performance, competitors and demographics in order to support leasing decisions Support with undertaking financial analysis pertaining to rent variance, rent payment processing, and tenant’s reconciliation of accounts (receivables and payables) including other financial sensitivity analysis such as NPV, IRR etc., for the review of the Leasing Management and necessary action. Ensure compliance with the MAFP SMBU’s Code of Conduct, Departmental policies and HC Policies and Procedures at all times. Be the advocate and ambassador of aligning and cascading the MAFP values across SMBU and ensure that it is adhered to and exhibit the same all the time. Manage the yearly Leasing, Property Management and Lease Contract Management budgets. Manage detailed Leasing renewal reports. Own the Leasing tools (leasing ERP, CRM and ERV 2.0). Liaise with the IT team to continuously upgrade systems such as Yardi, Oracle, OBIEE. Work closely with Business Intelligence unit and Marketing Insights to analyse Market studies pertaining to rents across all markets. Liaise with the Finance team for the Revenue variance reports as part of the monthly management report. Manage the financial reports pertaining to key strategic vacancies for reporting purposes. Work closely with MAFP Valuation Team and establish Valuation reports that will report upwards and downwards, created by Leasing across all assets. Work closely with Asset Management, Finance and Marketing to establish yearly budgets across all operational assets. Support Budgets Leasing, Property Management and Lease Contract Management control with effective translation and required actions.

Junior Leasing Analyst  | Majid Al Futtaim, Dubai, UAE