Job Description

Description

Assistant Manager - Retail JV Portfolio

Garhoud, Dubai - UAE, Dubai, United Arab Emirates

Finance

Retail G&A

220002DK

About Us

As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the world's best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols and Armani to name just a few!

About The Role

To take part in the management of Al Tayer Retail JV Portfolio initiatives in support of its strategic goals and ongoing commitments of the business. This role will be the secondary point of contact with multiple stakeholders including Commercial heads, Legal team, Brand principals and first point of contact for Joint Venture (JV) partners to achieve targets for JV projects. The analyst will act as JV PMO managing cross-functional work streams, timelines and deliverables.

What You'll Be Doing

Strategic Roles and Responsibilities

Serves as a point of contact with the partners, venture management Brand principals and other key stakeholders

Assist in supporting JV performance and risk management, ensuring that the company's integrated interests are documented, raised, understood, protected and promoted.

Advise JV company members.

Shares responsibility of the "hub" of JV activities and shares accountability for JV activities and deliverables Project manage activities needed for a JV conversion

Functional Roles and Responsibilities

Project Management

To Act as PMO and manage interface between Joint Venture Partners, Brand Principals and various internal stakeholders and disciplines such as commercial operations, legal, finance, risk and audit to ensure that the company's best interest are served and the JV agreements can be executed successfully.

To co-manage schedules, budgets, resources and deliverables for Joint Ventures and other portfolio negotiations

To deliver and manage the full project lifecycle from planning, requirements gathering, design to implementation and go-live

To Ensure that are projects are delivered on-time, within scope and within budget with adequate resourcing and vendor management in place

To Ensure effective Stakeholder management for each project to ensure all relevant stakeholders are adequately engaged to support the achievement of the expected project outcomes.

To Manage program and project-level risks, actions issues and decisions (RAID), implementing effective mitigation action plans and escalating any high priority concerns to the Head of Finance and Senior Leadership in a timely fashion.

Manage documentation, approvals and governance activities of new and existing JVs

Finance

Perform commercial analysis and financial modelling including sensitivity analysis around the key variables such as financials, performance of the assets, contracted rates and geopolitical risks, etc. in collaboration with ATR Finance and input from business stakeholders.

Lead due diligence review on potential JV partners, summarizes key findings and suggests way forward including risks mitigations strategies.

Supports and coordinates the establishment of all necessary legal documentation supporting the JV formation and implementation (i.e. Shareholders agreement, Management fees, etc.) from a financial perspective

Monitors and administers the execution of the JV agreement throughout the full JV lifecycle, resolving any potential issues.

Manage financial reporting processes, monitor progress against budget and carry out periodic reviews, performance and valuation of assets and report findings to the Finance Director.

Reviews financial performance reports and trends from the joint ventures, highlights any emerging concerns and recommends potential resolutions.

Supports the JV Senior Manager in ensuring that the that the ATR interests and rights, as the JV partner, are protected throughout the JV lifecycle.

Leads knowledge sharing sessions across to share end of stage project lessons learned and work with the internal stakeholders to identify appropriate responses as required.

About You

Education/Certification and Continued Education

Bachelor's degree education with relevant professional qualification, such as CFA, CIMA etc.

PMO experience required / project management qualification preferred

MBA preferred

Years of Experience

Minimum 5 to 7 years' experience, preferably in consulting and/or PMO

Retail sector experience a plus

M&A and asset management experience a plus

Knowledge and Skills

Demonstrable financial and commercial knowledge of JVs and investment projects

Financial analysis and modelling knowledge and capability

Communication, presentation and facilitation skills with the ability to lead and facilitate group meetings with senior stakeholders and external vendors

Demonstrated track record of relationship building with more senior stakeholders

Proficiency with project management and financial modeling tools

Excellent communicator and comfortable managing multiple tasks

Languages

Proficiency in English

Additional Requirements

Exceptional attention to detail

High integrity with strong work ethic

Strong organizational skills with ability to manage multiple parallel projects

Strong interpersonal skills and ability to build relationships with stakeholders