Assistant Manager, General
Simon Property Group · Atlanta, GA
- On site
- Full-time
- $75,000 / year
- Atlanta, GA
Job highlights
- Assist Mall Manager to enhance asset value.
- Develop and implement strategic business plans.
- Participate in leasing and marketing initiatives.
- Optimize customer shopping experience.
- Lead and develop mall team members.
About the role
Assistant Mall Manager
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
- 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.
Key skills/competency
- EBITDA Maximization
- Financial Analysis
- Strategic Business Planning
- Leasing Activities
- Marketing Initiatives
- Customer Experience
- Capital Planning
- Team Leadership
- Tenant Relations
- Community Relations
Skills & topics
- Assistant Mall Manager
- Mall Management
- Retail Real Estate
- Property Management
- EBITDA
- Financial Analysis
- Leasing
- Marketing
- Customer Experience
- Team Leadership
- Simon Property Group
- Lenox Square
- Management Training
- Operations Management
- Asset Management
How to get hired
- Tailor your resume: Highlight management experience and financial analysis skills relevant to retail real estate.
- Showcase your education: Emphasize your Bachelor's degree and any relevant coursework or training.
- Demonstrate key skills: Provide examples of your communication, public speaking, and human relations abilities.
- Understand the business: Research Simon Property Group's operations, values, and strategic objectives.
- Prepare for interviews: Be ready to discuss your approach to financial analysis, tenant relations, and team leadership.
Technical preparation
Study financial reports and retail metrics.,Practice analyzing budgets and contracts.,Review leasing documentation and strategies.,Understand marketing and security protocols.
Behavioral questions
Describe a time you managed a team.,How do you handle difficult tenants?,Share an experience motivating others.,Discuss adapting to changing priorities.
Frequently asked questions
- What is the primary goal of the Assistant Mall Manager role at Simon Property Group?
- The primary goal of the Assistant Mall Manager at Simon Property Group is to support the Mall Manager in protecting and enhancing the value of the owner's real estate assets, while also learning to undertake the full responsibilities of the Mall Manager role.
- What kind of experience is required for the Assistant Mall Manager position at Simon Property Group?
- A minimum of 1 or more years of experience or training in management, business, or a related field like commercial or retail real estate is required for this Assistant Mall Manager position.
- What financial responsibilities does the Assistant Mall Manager have?
- The Assistant Mall Manager will learn to maximize EBITDA by controlling expenses and increasing income, analyze financial reports, budgets, and leases, and assist in developing strategies to meet financial targets.
- How important is customer experience in this Assistant Mall Manager role?
- Creating a best-in-class shopping experience for customers is a key responsibility. This involves establishing and maintaining appropriate operating standards to ensure a positive shopping environment.
- What skills are needed to succeed as an Assistant Mall Manager at Simon Property Group?
- Strong skills in financial analysis, strategic planning, leasing, marketing, team leadership, human relations, verbal and written communication, and public speaking are essential for this Assistant Mall Manager role.
- What is the educational requirement for this Assistant Mall Manager position?
- A Bachelor's Degree from a 4-year college or university is required for the Assistant Mall Manager role at Simon Property Group.
- How does this role contribute to the overall leasing strategy at Simon Property Group?
- The Assistant Mall Manager will learn about permanent leasing results, participate in leasing activities from canvassing to lease execution, and optimize performance in short-term leasing while maintaining high standards.
- What is the company's approach to security and public safety for this Assistant Mall Manager role?
- The Assistant Mall Manager will understand the Simon security initiative and support the Mall Manager in developing and implementing the property's public safety and security strategy.