SHOPPING CENTER MANAGER - BACAU

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Posted: Monday, August 20, 2007

Incorporated in Portugal in 1989, Sonae Sierra (www.sonaesierra.com) is an international shopping centre specialist passionate about bringing innovation and excitement to the shopping and leisure industry. The integrated approach to the shopping centre business includes the ownership, development and management activities.

A leader in the Iberian market, Sonae Sierra has created new retail formats and innovative concepts having a significant role in the modernisation of the shopping centre concept. Introducing new formats, integrating retail and leisure and several innovative concepts in the shopping centres industry: Shop Utilisation Contracts in shopping centre; Themed Shopping centres; “Green” Shopping centres; Full integration of leisure with retail and services.

The company has earned an international reputation for the development of innovative products as well as for is management skills, and has been awarded more international prizes than any other company in this sector. Sonae Sierra is present and operating in: Portugal, Spain, Italy, Germany, Romania and Greece, in Europe; Brazil, in South America.

In 2006 the Company´s consolidated net profit rose to € 270.6 million Euros. The Net Asset Value (NAV) of the company’s properties increased to € 1.490 million Euro, 18% more than in 2005. Sonae Sierra´s EBITDA grew to € 150.3 million in 2006, an increase of 20%, compared to € 125.7 million in 2005. The Company owns or co-owns 44 Shopping Centres, with a total Gross Lettable Area (GLA) of more than 1,6 million m2. Currently, Sonae Sierra is developing 15 more projects with a total GLA of more than 500.000 m2. In 2006, its centres welcomed more than 400 million visits.

In Romania, Sonae Sierra has already acquired two shopping centers :River Plaza Mall in Ramnicu Valcea and Arena City Center, in Bacau.

For the Arena City Center, our client is looking for a Shopping Center Manager.

MAIN RESPONSIBILITIES:

Budget
• To manage the budget of common expenses in all their variants – technical, Marketing and administrative – attempting to take advantage of the existing synergies to lower the total operating costs of the Shopping Centre.

Marketing
• To prepare and implement, with support from the Central Marketing Department, the Annual Marketing Plan and Budget, in order to assure the proper planning of actions and deployment of the necessary resources to maximise the shopkeepers’ sales and achieve the objectives that have been defined for the Shopping Centre.

Operations
• To manage the service agreements that are necessary for the running of the Shopping Centre, namely those related to safety and security, cleaning and maintenance of the premises and equipment, in order to assure the best operability conditions for the shopping centre and to safeguard the property’s preservation.

Shops
• To manage and ensure the fulfilment of the contracts relating to the utilisation of shops, as well as to assure the observance of the Shopping Centre Operating Regulation, meeting the requirements of the different shopkeepers, in order to ensure the best conditions for the business’s development.

• To analyse the evolution of the shopkeepers’ sales, for the purpose of recognising the possible chances of replacement and/or entry of new shops, as well as to be informed of the potential candidates by the commercial department, in order to present proposals for the improvement of the mix.

• To coordinate the negotiations relating to the marketing procedures adopted by shops, replacement of shopkeepers and contractual status transfers, in order to permanently improve the Shopping Centre’s supply mix, contributing to an increase in total sales.

Temporary rents
• To manage the rental of common spaces, in accordance with the prescribed criteria, assuring their profitability and the preservation of the Shopping Centre’s image.

Investment
• To determine needs and present investment proposals (for large change or improvement works), in order to exploit the spaces and satisfy the customers’ requirements.

Public Relations
• To coordinate and promote, in collaboration with the (central) Institutional Relations, Environment and Communications Department, all the Institutional and Public Relations actions of the Shopping Centre, in order to assure a solid and consistent image and contribute to increasing the Shopping Centre’s notoriety.

Audits
• To coordinate and supervise the teams auditing the shops’ sales, detecting the need for corrective measures, in order to assure the reliability of the sales statements supplied by the shopkeepers and the appropriate performance of the different established activities.

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