Senior Executive - Commercial (Business Development & Strategy - MASB/Retail)

Job Location
Malaysia, Asia Pacific
Job Role
Commercial
Contract Type
Full-Time
Salary
Posted Date
2024-12-02
Job Expiry Date
2024-12-09
Qualification
Bachelor’s Degree

POSITION GENERAL SUMMARY


  • Committed to ongoing development and success, , hunting out and closing deals with new customers as a priority.
  • Identify and sourcing new business opportunities whilst to effectively manage and develop existing accounts.

 

ESSENTIAL POSITION FUNCTIONS


  • To assist manager on the Implementation of commercial master plan activities (RESET & Mini RESET). 
  • To prepare the necessary approval from various committee on business concepts - BPC, MPC, CCM, SPC, EXCO
  • To assist manager on RESET & Mini Reset concept delivery in accordance to strategies comprising of :
  • Airport development – New airport/Redevelopment/Expansion 
  • Financial – Budgeting / Financial Model 
  • Benchmarking and rental model
  • Retail Mix composition
  • New outlets concept generation
  • Effective management of CAPEX / Investment through ROI analysis
  • Procurement strategy i.e. package deal, T-8 tender, Direct negotiation and open tender.
  • Non-financial monitoring – Customer experience / Transition Management
  • To monitor Implementation of commercial master plan activities (RESET & Mini RESET) 
  • Financial performance monitoring (Variance reporting) – Tracking & Monitoring 
  • To perform analysis on product category / brand offering for core business that meets customer needs and expectation and enhancing customer experience through :-
  • Space and product planning (CATEGORY MANAGEMENT)
  • Retail Technology Development
  • Brand identification & New business relationship
  • To assist manager to achieve optimum product categorization to yield maximum financial performance, enhance value proposition and elevate customer experience (Pax Fronting of Retail, F&B and Services and BOH - Storage and Office / Advertising / Car Park / Ancillary Revenues ie Casual Leasing & Promotion)
  • Ensure maximization of space occupancy at all airports under MASB.
  • To established and maintain master list data including sales performance, contract expiry etc. 
  • To coordinate and communicate with respective unit i.e. project management, contract management, tender management and commercial representative at airport on the implementation of reset including: 
  • Tender preparation 
  • Work progress – (Airport Development/Fit out work/CAPEX Implementation) 
  • Contractual matters 
  • To prepare and update sales kit for all airport under MASB. 
  • To identify and presell commercial space to the potential partners. 
  • Bumiputera Program - Planning of usage space, determine KLIA, creating alliance via MITI, TERAJU , INSKEN.
  • To assist manager on contract monitoring and preparation of management paper for contract renewal/extension


Key Challenges:


  • Sharing/transfer of knowledge on Airport Commercial Model guidelines to peers and other immediate stakeholders, i.e. 
  •  Airport Managers and representatives, other divisions etc. in achieving the ACM objectives
  • To achieve high occupancy in most MASB airports
  • Many levels of approval for award of contracts, i.e. CCM, MPC, BPC which slows down the process as meetings are held mostly on fixed schedule
  • Changing the perception of ‘high rental’ to attract new brands into airports
  • Skeletal workforce and new to job function 


Skills:


  • Business Mindset 
  • Positive 
  • Forward Thinking 
  • Creative/Innovative 
  • Willing to accept and drive change 


Education External:


  • Degree Certificate preferably with specialization in Business Administration / Marketing / Retail Management / Commercial Management 
  • (Master Degree would be an added advantage) 


Relevant Industries:


  • Bachelor Degree with 5 years working experience in managerial role in Airport Commercial / Commercial Retail Management / Mall & Leasing Management


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