Jobs in the UAE: Retail JVs. Manager at Al Tayer Group
Applicant criteria
- No specific age required
- 5+
- Both
Opportunity criteria
- Full time
Opportunity description
Al Tayer Group offers a full-timejob opportunity for the position of retail JVs. manager to support the management in decision-making and planning through analysis and reporting of financial performance, maintaining effective controls over the JV portfolio’s financial processes, management information, and budgets of the portfolio in line with the Al Tayer Insignia (ATI) guidelines.
Duties & responsibilities
You will be responsible for:
- Assist in driving value extraction for ATG/ATI through portfolio management.
- Assist in JV project delivery, including JV conversions and JV greenfield.
- Conduct due diligence reviews on potential JV partners, summarizing findings, and proposing risk mitigation strategies to key management.
- Review financial performance reports and trends from the joint ventures, highlight any emerging concerns, and recommend potential resolutions.
- Supporting and coordinating the establishment of essential legal documentation for JV formation and implementation, such as Shareholders' agreements and Management fees.
- Support in monitoring and administering the execution of JV agreements throughout the JV lifecycle, addressing any potential issues that may arise.
- Assist in monitoring ATG’s interests and rights, as the JV partner, are safeguarded throughout the JV lifecycle.
- Evaluating the performance of portfolio companies, including past and current performance of each JV, and setting performance benchmarks.
- Gather, analyze and report JV companies’ performance and prepare meaningful dashboards for management.
- Developing and maintaining financial, valuation, and margin models, as well as supporting the finance team in preparing budgets and forecasts for board presentations.
- Prepare commercial analysis and financial modeling for potential JVs, encompassing sensitivity analysis, risk assessments, and input from business stakeholders.
- Support in strategic planning, business plan development, and implementation of value extraction strategies.
- Track and manage invoicing and recharges for services provided to JV companies by AT.
- Ensure timely preparation of the financial budget and forecast for the portfolio in line with ATI requirements, working in coordination with Corporate Finance and portfolio company departments and other ATI departments.
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Eligibility criteria
You must have:
- Bachelor’s degree education with relevant professional qualifications, such as CFA, CIMA etc.
- MBA.
- 5 to 7 years experience, with at least 3 years experience in M&A, transaction advisory, or portfolio management.
- Demonstrable financial and commercial knowledge of JVs and investment projects.
- Financial analysis and modeling 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 financial modeling in Excel.
- Excellent communicator and comfortable managing multiple tasks.
- Proficient in English language, Arabic, Italian, or French.
- Good analytical, numerical, and research skills.
- Exceptional attention to detail.
- High integrity with a strong work ethic.
- Strong organizational skills with the ability to manage multiple parallel projects.
- Strong interpersonal skills and ability to build relationships with stakeholders.
About Al Tayer Group:
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, jewelry, 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.
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