Assistant Manager, General

Posted 6 Days Ago
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King of Prussia, PA, USA
In-Office
Junior
Professional Services • Real Estate • Retail
The Role
Supports the Mall Manager in maximizing property EBITDA, managing budgets and financial reports, executing leasing and marketing strategies, overseeing operations and security initiatives, developing capital plans, improving customer experience, and leading mall team and tenant relationships.
Summary Generated by Built In

Job Location:

Plaza at King Of Prussia

PRIMARY PURPOSE:  

To learn, understand and undertake the role and responsibilities of the Mall Manager while supporting the Mall Manager in protecting and enhancing the value of the owner's real estate assets.  The incumbent will assist the Mall Manager in identifying center objectives while learning how to translate those objectives into operations, marketing, leasing and other profit enhancing strategies. 

PRINCIPAL RESPONSIBILITIES:  

The successful candidate’s responsibilities will include, but not be limited to:

  • Maximize EBITDA through a deliberate process of increasing all potential income sources, while controlling expenses
  • Understand and analyze all financial reports, leases, REAs, and other information and concepts and work with the mall team to implement the appropriate strategy to achieve  the property’s targeted EBITDA budget and growth rate
  • Assist Mall Manager with the development and implementation of a comprehensive Strategic Business Plan which addresses the opportunities and needs of the center
  • Learn and understand all aspects of permanent leasing results and participate in leasing activities from canvassing through lease execution
  • Optimize total performance in short-term leasing while maintaining exceptional standards
  • Understand all aspects of the Simon security initiative and support the Mall Manager in the development and implementation of the property’s public safety and security strategy
  • Understand all aspects of the marketing and SBV initiatives while enhancing revenue and retail sales through the development and implementation of the property marketing plan
  • Create a best-in-class shopping experience for customers in every possible way
  • Work with the mall team to create a positive shopping experience for customers through establishing and maintaining appropriate operating standards at a competitive cost
  • Assist in the development and execution of the 5-year capital plan that focuses on asset preservation and life cycle costs, maintains a comfortable and safe shopping environment, and reflects revenue enhancement/expense reduction opportunities
  • Learn and understand the skills required to identify, retain, develop, motivate and successfully lead all members of the mall team
  • Develop and maintain strong, productive relationships with tenants and anchor stores
  • Understand and take an active role in developing and sustaining strong and productive community and partner relations
  • Gain in-depth knowledge and understanding of all aspects of administrative and company policies and procedures

MINIMUM QUALIFICATIONS:

  • Minimum of 1 or more year’s experience or training in management, business, or a field related to commercial or retail real estate
  • Bachelor’s Degree from a 4-year college or university
  • Ability to analyze and interpret  financial reports, budgets, contracts and similar documents necessary  to management and operate a shopping center
  • Demonstrate sound verbal and written communication skills, and be comfortable  in public speaking situations
  • Strong human relations skills
  • Ability to adapt to a dynamic work environment

Skills Required

  • At least one year of experience or training in management, business, or a field related to commercial or retail real estate
  • Bachelor’s degree from a four-year college or university
  • Ability to analyze and interpret financial reports, budgets, contracts, and similar management documents
  • Strong verbal and written communication skills
  • Comfort with public speaking
  • Strong human relations skills
  • Ability to adapt to a dynamic work environment
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The Company
HQ: Indianapolis, IN
3,000 Employees
Year Founded: 1960

What We Do

Simon Property Group Inc is a real estate investment trust (REIT) that owns, develops, and manages retail real estate properties, including shopping malls, outlet centers, and community/lifestyle centers.

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