Business Analyst Real Estate Asset Management

Job Requisition ID: 175084

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 worlds 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

The purpose of this role is to support the Regional Analysis Team with Leasing Scenario Analysis, Budgeting & Forecasting Activities, administer reports and dashboards.

• This role is required to provide timely data and analysis to support business decision making. This entails close collaboration with the lease administration, retail leasing, finance and mall management regional departments.
• Individual accountability is a major component relative to the success of this role.
  
  

What You Will Do

Budget & Forecast:

• Assist in preparation of Budget & Forecasts for the wider portfolio
• Compile Actual vs Budget, Actual vs Forecast variance reports portfolio-wise
• Monitor Actual Revenue & Occupancy achievements and highlight any financial impact to the management for review
• Keep abreast with all on-going leasing and commercial activity, monitor it accordingly for the subsequent integration in forecasts, reports and dashboards
• Analyze all commercial decisions related to contracts, including Revenue & Occupancy impact, ratios & other KPIs etc.
• Create and administer reports and dashboards as directed, in line with the company’s KPIs and reporting requirements
  
  

Leasing Analysis

• Prepare business cases, studies and presentations as part of the deal approval process in order to support senior management review and decision making
• Liaise with various internal departments regarding the distribution of a variety of reports
• Conduct deal and variance analysis objectively and in line with the company’s procedures
• Assess company documentation and reports proposed for senior management review on regular basis
• Conduct research as required, review and understand agreement clauses and verify the viability of the business terms
  
  

ERP Activities & Upload

• Cleanse, prepare & upload data onto the preferred ERP software in order to facilitate revenue, sales & occupancy calculations
• Collect, cleanse and interpret data and statistics using quantitative and qualitative methodology to write comprehensive reports that identify opportunity & risk areas
• Monitor monthly retail sales information, investigate and highlight any unanticipated fluctuations to the management for further review
• Track and maintain critical dates including all upcoming expiries and vacancies and evaluate for multi-asset synergies and leasing opportunities
  
  

Business Analytics

• Maintain the Leasing Activity Dashboard in Power BI for monthly reporting to senior management
• Identify portfolio trends and provide actionable insights to support leasing, revenue optimization, and strategic decision-making
• Develop predictive models and scenario analyses to assess occupancy, revenue and deal performance under varying market conditions
• Deliver ad-hoc analysis and visualizations to address specific management requests and guide commercial decisions
  
  

Behavioural Competencies

Required skills to be successful:

• Ability to adhere to strict deadlines
• Ability to work in a busy environment and display good composure whilst working under pressure with many deliverables
• Agility in dealing with ad-hoc requests
• Strong commercial acumen and business fluency in variance interpretation and commentary
• Excellent communication skills in Business English (speaking & writing)
  
  

What Equips You For The Role

Minimum Qualifications and Knowledge:

• Finance qualification preferred, such as a Bachelor’s degree in Finance, Economics, or a related field
• Strong analytical skills, expertise in Microsoft Office, particularly Excel and Power BI
• Knowledge of using analytical tools and systems
• Knowledge of Real Estate Industry, Commercial & Retail Property Management
  
  

Minimum Experience

• The ideal candidate would possess 2-4 years’ experience in Retail / Commercial / Financial / Real Estate analysis and financial reporting.
  
  

Job-Specific Skills

• Proficient YARDI knowledge (Property Management Software) desired but not mandatory
• Excellent understanding of Commercial & Retail Leasing Principles
• Well-versed with revenue financial principles and Dubai Real Estate laws
• Previous experience in preparation of Budget Strategic Packs and Forecasts.
  
  

About Al-Futtaim Group Real Estate

The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.

Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.

AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.

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