At a Glance
- Tasks: Lead asset reporting and analysis, supporting retail operations across Europe.
- Company: Pioneering firm in retail and leisure asset management with a focus on sustainability.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Opportunity to work in a collaborative team and grow within a thriving industry.
- Why this job: Join a leading company making an impact in the retail sector while developing your skills.
- Qualifications: 3+ years in retail real estate management; degree in Finance, Accounting, or Business.
The predicted salary is between 36000 - 60000 € per year.
Job Description
ASSOCIATE ASSET & INVESTMENT MANAGER
Founded in 1994 our client has been a pioneer in connecting aspects of retail and leisure assets across Europe, while committing to sustainability. In 2012 they opened a Shopping Resort in Spain with a GLA of over 200,000 sqm, as Europe’s largest retail destination with nearly 20 million guests each year. The asset has been awarded “Best new shopping and leisure centre in the world” at the Mapic awards 2013. Since then, our client has expanded into more European markets, including Portugal, Italy, UK and Germany.
About the job
The position is for a member of the Retail Operations Team. Working with the other members of the Retail Operations Team and the Country Teams, the candidate will lead the reporting and analysis function for the assets under management. Additionally, the candidate will lead business reporting and analysis projects.
The candidate will provide a coordination and support role to the Country Teams and coach and mentor employees in the collective delivery of a Company standard.
Key Roles/Responsibilities:
Asset Management and Reporting
- Organises and coordinates the delivery of asset financial and KPI performance reporting and analysis, sets and monitors quality standards
- Develops and analyses budgets and financial information for the assets under management
- Coordinates the preparation of Business Plans (yearly)
- Leads the preparation and coordination of quarterly financial reporting and monthly financial reporting
- Analysis of leasing operations
- Monitoring and analysis of tenant debt and discount petitions
- Monitoring the reconciliation and reporting of cash flows
- Monitoring the reconciliation of asset bank accounts
- Coordination of capex monitoring and reporting
- Coordinates and manages the processes and procedures of flow of information from the different Country Teams to stakeholders
- Regularly and efficiently communicates with all parties involved in a project
- Oversees financial reporting to investors and lenders
- Monitoring and analysis of external valuations
- Develops the processes, procedures and formats for the external service providers in charge of invoicing, rent statements service charge, insurance, rent collection, etc.
- Develops the leasing reporting processes for leasing legal and the leasing agents
- Analyses the terms of lease agreements and necessary legal documents and reports status compared to business plans
- Coordinates financial analysis to support lease and capex recommendations
- Aggregates a full lifecycle financial analysis for projects/assets in the portfolio to a presentational standard
- Develops modelling and reporting in the financing or re-financing process of assets under management
- Monitoring compliance with financing terms and conditions
- Monitoring and reporting of asset KPIs
- Analysis of asset KPIs including parking, footfall, retail sales, area apportionment, catchment area, etc.
- Benchmarking performance analysis of assets
- Understanding of retail led real estate, with a proven track record of successful retail real estate management or development
- Minimum 3 years’ experience in relevant organisation (REITS, PE funds, etc.)
- A minimum of a Bachelor’s degree in Finance, Accounting, Business, or Real Estate is required, but possessing a Masters degree or MBA is an added advantage
- Current knowledge of industry trends in real estate and development, and a natural desire to understand specific market characteristics; experience of commercial real estate analysis/asset management experience with an emphasis in Germany retail
- IT skills: Advanced knowledge of Microsoft Office software, including Word, Excel, PowerPoint, and Outlook required together with other Business and Real Estate software platforms
- Knowledge and experience of data analytics and associated technologies
- Entrepreneurial spirit: the role requires the candidate to be entrepreneurial with many of the activities involved, such as negotiations, approvals and analysis, requiring that risks be analysed and forecasts made
- Strong analytical skills
- Communication skills: strong verbal, presentation and written communication skills
- Interpersonal skills required for establishing and building and maintaining relationship with relevant parties (management, investors, property managers, etc.)
- Strong organisational skills to effectively coordinate and manage multiple assignments, as well as prioritise tasks and efforts
Associate Asset Manager - Macdonald & Company in Bexley employer: Macdonald & Company
As an Associate Asset Manager at our client, you will join a pioneering company that has set the standard in retail and leisure asset management across Europe, with a strong commitment to sustainability. The work culture fosters collaboration and innovation, providing ample opportunities for professional growth and mentorship within a dynamic team environment. Located in vibrant markets such as Germany, you will benefit from exposure to diverse projects and the chance to make a meaningful impact in one of Europe's largest retail destinations.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Asset Manager - Macdonald & Company in Bexley
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Show them you’re genuinely interested in their work and how you can contribute to their success. Tailor your answers to highlight your relevant experience in asset management.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. Focus on articulating your analytical skills and experience in retail real estate management.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Associate Asset Manager - Macdonald & Company in Bexley
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Associate Asset Manager role. Highlight your experience in retail real estate and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about asset management and how your background aligns with our client's mission. Keep it engaging and personal – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of reporting and analysis, make sure to highlight your analytical skills in your application. Share specific examples of how you've used data to drive decisions or improve performance in past roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you'll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Macdonald & Company
✨Know Your Numbers
Make sure you brush up on your financial analysis skills. Be prepared to discuss key performance indicators (KPIs) and how they relate to asset management. Familiarise yourself with the financial metrics relevant to retail real estate, as this will show your understanding of the industry.
✨Showcase Your Analytical Skills
During the interview, highlight your experience with data analytics and how you've used it in previous roles. Prepare examples of how you've successfully analysed financial reports or developed business plans, as this will demonstrate your capability to handle the responsibilities of the role.
✨Understand the Company’s Vision
Research Macdonald & Company and their approach to sustainability and retail assets. Being able to articulate how your values align with theirs will set you apart. Discuss any relevant projects or experiences that reflect a commitment to sustainability in your work.
✨Practice Your Communication Skills
Since strong communication is key for this role, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've effectively communicated with various stakeholders in past positions, as this will showcase your interpersonal skills and ability to build relationships.
