Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.
Role Purpose:
The position is mainly responsible to provide active support and work alongside the Lead, Strategy, Research, Planning Business Tools & Insights to drive the Strategy Research and Insights agenda for the Shopping Mall Business Unit s (SMBU) operating portfolio and support the growth agenda of the business.
Role Details Key Responsibilities and Accountabilities:
• Support the buildup of the strategy to drive the overall value creation agenda.
• Provide direct oversight to Market and Consumer research and provide analysis and high-level summaries to communicate to SMBU business Units in a clear manner.
• Develop RFP s, evaluate proposals, and manage third party consultants to ensure quality deliverables.
• Conduct analysis of sales and footfall results across all the SMBU s operational assets. This includes analysis on the category growth and, tenant analysis etc., to support courses of action /strategic direction.
• Support in building, adopting and monitoring key market portfolio strategies for all Regions.
• Support sourcing of future trends research enabling the future proofing of the assets by identifying key consumer trends.
• Support the sourcing, commissioning and analysis of critical market research engagements and deliverables for existing and new assets.
• Support the development market reports across all operational assets incorporating competitive analysis, market share and trade area definition.
• Support in the consolidation of key strategic risks and analysis by providing sensivities and montecarlo analysis in the strategic plan and work with FP&A to monitor these risks on a monthly basis reporting on any deviations which required.
• Support the development of all leasing, merchandising mix and other revenue management tools.
• Input into development / redevelopment process all required research, market sizing and analysis required to ensure maximum value creation / optimal timing of projects
• Work with Data and Analytics function to develop new and improve existing business improvement tools, research and intelligence platforms and drive the data adoption agenda across the organization. Own the management and development of SMBU business analytics tools (ERV Tool, Merchandising Mix)
• Ensure compliance with the MAFP SMBU s Code of Conduct, Departmental policies and HC Policies and Procedures at all times.
• Be the advocate and ambassador of aligning and cascading the MAFP values across SMBU and ensure that relevant team adhered to and exhibit the same all the time.
Disclaimer: This role description reflects the general details considered necessary to describe the principal responsibilities of the role identified and shall not be construed as an exhaustive description of all the work requirements inherent to success in the role.
Functional/Technical Competencies
Asset Management, Data analysis, Financial modelling, Marketing, business & commercial acumen and operational excellence
Personal Characteristics and Required Background:
Personal characteristics
• TBA
Minimum experience
• Minimum 3 - 5 years of experience in conducting market / customer-based research activities in a highly dynamic and customer driven industry, preferably Retail / Real Estate / Market Research / Business Consulting in GCC or abroad
Minimum Qualifications/education
• Bachelor s degree in Business Administration / Economics or equivalent. Master s Degree preferable