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Americana Restaurants
Assistant Manager Lease Administration
Location:
Manama, Bahrain
Department: General Business
Job Description
Job Purpose:
- Process Lease signing as per organizational objectives
- Monitor audit & compliance requirements and ensure these are always maintained
- Manage and monitor day-to-day activities within your geographical area that support the operations of real estate in existing and new portfolio
- Oversee the company portfolio of retail store leases and supervise direct reports in your market (where applicable.
- Mitigate risk to the business through effective review of contract conditions and where required, support the real estate team to agree clauses favorable to Americana with the landlord
- Detailed understanding of local governmental procedures and always ensuring compliance with authority requirements
- Review and signature of all new store and renewal contracts as well as any lease actions
- Assist in lease preparation and review against Americana policy & key lease conditions
- Monitor, track and provide support with legal cases
- Maintain an accurate, detailed audit trail for each deal, and track and document decisions related to the same
- Manage payment procedures effectively to avoid breach
- Monitor and track the status of lease signing forecasted signing monthly.
- Demonstrate initiative and reflect a sense of urgency in daily duties by meeting or improving upon deadlines
- Closely track and provide updates to the plan for securing NSOs.
- Track critical dates (renewal options, kickouts, rights to terminate and expirations) for existing stores and generate and maintain several reports and weekly updates with respect to same.
- Ensure that all stores with upcoming critical dates are addressed with management in a timely manner and follow through with decisions while meeting critical deadlines.
- Draft and/or review lease amendments and termination agreements with respect to existing stores.
- Assist in the development and implementation of procedures to ensure the integrity of the lease database system.
- Generate reports using the lease database system
- Follow up with the Landlord on the executed lease agreement & required official documentation including ownership verification in a timely manner
- Collaborate on high profile projects that will require special attention and reporting
- Manage, train, and develop team members in your market.
- Support and assist with Americana’s Restaurant Division initiatives & change management
- Recommend new approaches, policies, and procedures to effect continual improvements in efficiency of services performed
- Ensure Americana standards are implemented, met and maintained
- Execute special projects as assigned by line manager
Education:
- University Degree
- Legal knowledge is preferred.
- Knowledge of Word, Excel, Access, and Power Point is essential.
- Fluency in English and Arabic (written, spoken and reading) specifically ability to understand legal terminology
Experience:
- 5-7 years’ experience in commercial real estate
- Knowledge of legal terms & language of the lease
- Knowledge of local real estate regulations
Knowledge:
- Excellent quality checking & compliance skills
- Ability to plan, organize and adapt in various situations to meet business objectives
- Experience of business process re-engineering
- Experience of extensive Real Estate System Implementation projects
- Strong analytical abilities
Skills:
- Ability to interpret complex retail lease language.
- Exceptional communication and negotiating skills.
- Ability to meet deadlines.
- Strong attention to detail and organizational skills.
- Ability to prioritize and manage multiple projects
- Strong organizational skills
- High-quality work ethics without supervision
- Excellent verbal and written communication skills
- Excellent time management skills
- Ability to solve problems by drawing upon the collective thinking of the broader team through influence and negotiation.
- Strong leadership skills
- Client relationship management skills.
Job Location will be based on : Riyadh
Americana Restaurants
Assistant Manager Lease Administration