Retail Manager

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The Retail Manager is responsible for the ongoing retail management component Floreat & West Leederville. This includes building, maintaining and managing effective relationships with our retail tenants, monitoring and analysing budgets to assist with the management of the asset’s financial performance and delivering initiatives such as lease adherence, retailer engagement strategy, retailer assignments.

What this job involves –Delivery of the property's business plan objectives and supporting the execution of the operational and capital expenditure budgets.

Snapshot of the role:

·        Retailer Engagement & Centre Presentation

o   Develop a Customer Strategy & Engagement plan and communicate with retailers where applicable 

o   Ensure the centre presents to a high level and communicate with centre departments to ensure items actioned

o   Collaborate with CML and identify usage gaps in centre offering to incubate prospective retailers

o   Ensure retailers comply with their lease obligations in terms of presentation

·        Retailer Relations

o   Drive the development of a Retail Engagement Strategy and implement initiatives with the support of the CM team

o   Proactively analyse the performance of retailers/precincts and make recommendations for improvements

o   Work with external consultants and implement any recommendations to improve retailer productivity and presentation

o   Coordinate retailers impacted by base building maintenance or works

o   Develop and maintain positive relationships with retailers to ensure that all opportunities are explored to improve productivity

o   Ensure retailers adhere to their lease terms

o   Analyse and review retailer performance and proactively manage poor performing retailers to minimise rental abatement requests

o   Analyse and review retailer performance and proactively manage those retailers who have the potential to improve their business model

o   Lead the Assignment of Lease process by working with the Centre Manager to review prepared documentation and meeting with the Assignees and Assignors

o   Manage and on board new retailers to the centre including prior to opening and stabilisation of tenancy performance

o   Implement, manage and monitor retailer educational workshops

o   Work with the Centre Manager on all retailer related issues as required

o   Seek resolution following customer complaints with retailers

·        Retail Management General Duties

o   Assist in the preparation of detailed asset plans, turnover forecasts, budget and financial reports

o   Through CALA raise rental invoices, sundry and interest charges and any lease administration

o   Check all rental statements before sending to tenants to ensure accuracy

o   Process all applicable charges for tenants in accordance with the lease and calculate and charge interest to tenant accounts when applicable

o   Raise purchase orders and set up of contracts in MRI when required and manage outstanding purchase orders report

o   Undertake reconciliation of tenant accounts when required

o   Ensure all AP Invoices are processed in a timely manner and coded to the correct account code.  Follow up any issue raised by contractors in relation to their invoice.  Ensure Operations Manager/Centre Manager has approved invoices before authorisation for payment

o   Compilation of tenancy set up form’s, sundry charges & credits etc. and any other forms required by Accounts Department for sign off by Centre Manager

o   Manage and actively pursue rental arrears.  Update Portfolio Accountant with Lease and/or operating costs information in a timely and accurate manner pursuant to the Lease

o   Produce insights and trends on monthly and annual sales performance of retailers and any associated commodity groups

o   Maintain current knowledge of competitor activity, development and potential impacts

o   Contribute to the operational asset leasing process to ensure the vision is achieved in the retail mix

o   Financial delivery – work with the Centre Manager for the delivery of annual budgets, quarterly forecasts and financial reporting as required

o   Provide support to the Centre Manager and be the first point of contact in absence of Centre Manager

o   Be the point of escalation of management of high risk tenants, tenant arrears and rental abatements with the Centre Manager

o   Any other reasonable duties as required

Location:

On-site –Perth, WA

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements.  We’re interested in getting to know you and what you bring to the table!

At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.

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