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!
About The Role
To take part in the management of Al Tayer Retail Joint Ventures Portfolio initiatives in support of its strategic goals and ongoing commitments of the business. This role will be the secondary point of contact with multiple stakeholders including Commercial heads, Legal team, Brand principals and first point of contact for Joint Venture (JV) partners to achieve targets of the JV portfolio.
What You’ll Be Doing
Strategic Roles and Responsibilities
Serves as a point of contact with the partners, venture management Brand principals and other key stakeholders.
Assist in supporting JV performance and risk management, ensuring that the company’s integrated interests are documented, raised, understood, protected, and promoted.
Advise JV company members.
Shares responsibility of the “hub” of JV activities and shares accountability for JV activities and deliverables
Functional Roles and Responsibilities
Perform commercial analysis and financial modelling including sensitivity analysis around the key variables such as financials, performance of the assets, contracted rates and geopolitical risks, etc. in collaboration with ATR Finance and input from business stakeholders.
Run valuation of current and perspective JV companies’ investment in accordance with international best practices.
Lead due diligence review on potential JV partners, summarizes key findings and suggests way forward including risks mitigations strategies.
Supports and coordinates the establishment of all necessary legal documentation supporting the JV formation and implementation (i.e. Shareholders agreement, Management fees, etc.) from a financial perspective.
Support in monitoring and administering the execution of the JV agreement throughout the full JV lifecycle, resolving any potential issues.
Manage financial reporting processes, monitor progress against budget and carry out periodic reviews, performance and valuation of assets and report findings to the Finance Director.
Reviews financial performance reports and trends from the joint ventures, highlights any emerging concerns and recommends potential resolutions.
Supports the Head of JV Portfolio in ensuring that the that the ATR interests and rights, as the JV partner, are protected throughout the JV lifecycle.
Manage documentation, approvals and governance activities of new and existing JVs.
To co-manage schedules, budgets, resources and deliverables for Joint Ventures and other portfolio negotiations.
To be successful in securing this role, you will ideally have a bachelor’s degree education with relevant professional qualification, such as CFA, CIMA etc, MBA is preferable with a minimum 5 to 7 years’ experience, preferably in consulting and/or private equity / M&A function. Retail sector experience a plus.
Knowledge and Skills
Demonstrable financial and commercial knowledge of JVs and investment projects.
Financial analysis and modelling knowledge and capability.
Communication, presentation and facilitation skills with the ability to lead and facilitate group meetings with senior stakeholders and external parties.
Demonstrated track record of relationship building with more senior stakeholders.
Proficiency with financial modelling tools.
Excellent communicator and comfortable managing multiple tasks.
Exceptional attention to detail.
High integrity with strong work ethic.
Strong organizational skills with ability to manage multiple parallel projects.
Strong interpersonal skills and ability to build relationships with stakeholders.
Garhoud, Dubai - UAE, Dubai, United Arab Emirates