Assistant Manager

13 hours ago

Bareilly, Uttar Pradesh, India Phoenix Full time ₹ 6,00,000 - ₹ 18,00,000 per year


 
Job
Title

 
Assistant
Manager � Leasing

 
Department / Division
 

Leasing

External Interface

(Enlist
external agencies/authorities that you are required to deal with while
discharging your duty)

  • Retailers �
    Business Development/ Sales Head  


Minimum Qualification

(i.e
education, training etc.)

  • Graduate, MBA
 

 
Minimum Experience
  • 3 - 5 years of
    experience in retail industry; with at least 2 years in Leasing and adequate
    experience in Sales function
 

Special Skills/Attributes

(required
for performing the job effectively)

  • Knowledge of leasing administration process
  • Knowledge of
    brand/product category mix
 

Overall Purpose/Objective
Of the job

Drive optimum mall occupancy and revenue maximization, by supporting
the formulation and execution of the centre�s leasing plan as per the right
category / brand mix at optimum prices

 

Key Responsibilities

(List
major responsibilities, that you have, 
to achieve the key objectives)

  • Formulate the Centre�s leasing plan from the overall business
    plan; finalize the mall occupancy target to be achieved for revenue
    maximization in coordination with VP- Leasing.
  • Manage the pre-opening responsibilities like finalizing the
    zoning/ business plan on the basis of mall layout, identify the potential
    list of retailers/brands to be approached.
  • Approach the relevant personnel from the targeted list of
    brands, brief them about the mall and provide the brand information sheet to
    them
  • Screen the brand information and send it to VP-leasing for
    evaluation and approval and after approval work out the commercial estimates
    and drive negotiations with the retailer to arrive at desired rates
  • Oversee the process of drafting and finalizing the Leave and
    License Agreement and ensure that all the terms incorporated in the agreements
    are unambiguous and as per mutual agreement.
  • Ensure that the fit-out process starts within the pre-defined
    timeline and support the retailer during the fit-out process, so that the
    store opens within pre-defined timelines.
  • Managing the post-opening responsibilities by understanding the
    requirements in terms of expansion plans, size / area of store require etc.,
    undertake the revamp of the tenant/brand/category mix on a periodic basis in
    coordination with VP - Leasing
  • Plan for renewals  based
    on the performance of the retailers, their upcoming requirements, and
    modifications in the zoning plan and rework on the rates to ensure revenue
    maximization
  • Maintain good retailer relationships by interacting with their
    Business Development team, understanding their issues, etc
  • Manage the Lease administration by collecting required amounts
    as per the specified time intervals, security deposit, stamp duty and
    registration fees and license fee for the first month and so on
  • Manage the documentation for the opening of the Joint Bank
    Account with the retailer
  • Ensure preparation and updation of the leasing tracker on a
    regular basis and also ensuring preparation of weekly mall occupancy / vacancy report for Senior Management.

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