National_Business Analyst

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

To ensure a comprehensive analysis is conducted on the performance of AFGRE's
assets in Egypt and provide transparent information to the management to
assist them in assessments and inform decision-making relating to the
performance of these assets. Possessing the ability to manage detailed
reporting and liaise effectively between the leasing, operations, and finance
department as well as the head office to provide advice to the management team
on trends and budget impact is crucial.

What you will do

Management Information System:

• Responsible for preparing reports (manually and via Yardi) for all assets (sales, performance, management meeting pack, BCP, etc.) and submitting them to management for review & action.


• Submission of Monthly Business Packs and KPI reports.


• Ad hoc reports for proactive analysis to ensure all asset performances are monitored and prompt/informed action can be taken as and when required


• Support the management team to establish and define new/ongoing KPIs to support business understanding


• Conduit between Leasing and Finance/Operations teams to align and understand data in a 'common language format


• Preparation of day-to-day mall analysis reports supporting business review packs including internal and external benchmarks


• Collate and Analyse business review packs for the assets, identifying risks, and improvements, giving complete analysis and supporting information on the significance of numbers for the management


• Ensure consistency in reporting, trend analysis, and supporting commentary on the numbers.

Systems Integrity:

• Proactive Yardi (or other implemented system) user, understanding the most efficient ways to extract the required data


• Check the integrity of data in the Yardi system to ensure that the reports generated are accurate.


• Ownership in checking the system's integrity on new software rollout to existing and new stores.


• Proactively suggest improvements to ensure that appropriate warning systems are in place.

Audits & SOP:

• Ensure with all stakeholders the SOPs are maintained and amended, coordinating with the Retail division based on commercial requirements.


• Hosts and actively participates in workshops to challenge, develop and implement procedural improvements with clear prior-year audit findings


• Support the leasing department's strategy and action plan.

Budgeting & Forecasting:

• Represent Leasing and be the ambassador between Finance and Operations to ensure budgets and KPIs are agreed upon and accurately documented


• Support the Leasing team by providing budget and analysis-related information when required to prepare leasing deals

Feasibility Studies:

• Enquire about new markets/expansion of existing businesses into new geographies


• Provide managers who have budget responsibilities with regular financial and KPI reports so they can keep abreast of performance and take proactive actions to ensure targets are achieved.


• Highlight deviations from the budget/plan to deal with owners and GMs in a proactive manner


• Understand the JV and full ownership models to prepare reports accordingly.

Measuring Mall/Tenant Performance:

• Prepare Occupancy Cost Analysis and calculate Occupancy Cost Ratios as required (per store/per brand/group/mall)


• Have a clear understanding of the metrics, concepts, and best practices used in the malls industry to measure mall performance, tenant performance, and other key KPIs such as OCR caps, Rent to Sales ratio, Service Charge Caps, Turnover Rent, Rent Cap, etc


• Support the Regional Expansion Plans whenever necessary including pre-leasing feasibility studies, operational assets, and opening of upcoming phases.


• Be the ambassador for continual improvement to current ways of working and business practices.


• Provide ad-hoc reports as requested by Leasing, Lease Admin, and internal AFGRE teams

Required Skills to be Successful

• Teamwork


• Communication


• Analytical Analysis.

About the Team

The Business Analyst is a unique role reporting to the Mall Management and
will collaborate with all mall functions for consolidation.

What equips you for the role

• Bachelor's degree in business management or any relevant field.


• ‎5 - ‎7 years of experience in a Retail analyst role in a super-regional mall.


• Knowledge of retail budgeting, forecasting, and financial analysis in the retail/shopping center sector in the Middle East is mandatory.


• Experience as a business analyst in a retail entity.


• Proficient use of MS programs and SAP. Exposure to Yardi is a plus.


• Detailed knowledge of the shopping center sector, including; leasing concepts, analytics, and KPIs.


• Planning, organizing, and critical analysis of figures in the business environment

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, the 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 and 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, in 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 practices 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.
For more information on Al-Futtaim Malls, please visit https://www.al-
futtaimmalls.com/