Director - Asset Management | Real Estate | Doha Festival City

Description

• Compare actual performance against budget projections and propose ways to enhance performance and design concepts.
• Regularly review financial performance and take corrective actions for negative variances.
• Maintain strong coordination with corporate departments, ensuring alignment and cohesive operations across functions impacting Centre Management.
• Use past experience, team input, and market trends to forecast revenue and expenditure accurately.
• Evaluate property development needs, recommend improvements, and ensure timely execution of approved projects within defined scope and compliance standards.
• Develop and maintain a comprehensive service charge (S/C) budget and matrix.
• Maintain high operating standards, ensuring quality, cost, and timeliness through transparent vendor selection (minimum three tenders), and submit recommendations for approval as per DOA.
• Assist in the collection of monthly receivables as required by the Senior General Manager.
• Maintain strong community relations and monitor political or regulatory developments that may impact operations, taking proactive corrective action.
• Support re-forecasting, P&L analysis, lease abstracting, and budgeting activities.
• Conduct regular performance appraisals, identify training needs, and initiate internal or external training as required.
• Ensure all operational expenditures are recoverable from tenants and audited annually as per international standards.
• Present comprehensive reports on tenants, income, expenditure, positioning, and competition to the company, supported by subordinate and market research data.
• Oversee asset condition and maintenance programs to maximize lifecycle and salvage value.
• Develop and execute an innovative, targeted marketing plan with the Senior General Manager and Marketing Manager, ensuring effective budgeting and brand consistency.
• Ensure team motivation, engagement, and delivery of expected work standards.
• Ensure tight management of debtors and consistent delivery of EBIDAT targets.
• Foster tenant relations through regular meetings and communication, ensuring awareness and compliance with lease terms.
• Oversee mall marketing initiatives and events, ensuring proper promotion and retailer engagement to drive footfall and tenant sales.
• Assist in preparing and reviewing monthly and annual financial reports.
• Ensure all reports reflect accurate and up-to-date information to represent the company’s real-time position.
• Enhance the guest experience and handle guest complaints promptly and effectively.
• Submit budget projections to the Board of Directors for review and approval.
• Identify potential financial risks and report findings to the Board of Directors.
• Supervise and provide leadership to the concierge, specialty leasing, administrative, and reception teams.
• Prepare annual Retail Operations budgets covering capital, manpower, OPEX, and income forecasts.

Requirements

• Proven ability to collaborate and communicate effectively with tenants, service providers, and internal teams to ensure smooth operations and stakeholder alignment.
• 20+ years of experience in the relevant field within reputable organizations, including at least 5–7 years in a senior management role overseeing shopping centre or retail operations
• Masters in Business Administration (Marketing, Accounting) etc is preferred
• Degree in business administration with specialization in Marketing & Real Estate with extensive knowledge of developing commercial Real Estate properties.
• Strong knowledge of all aspects of leasing and marketing, including strategy development, implementation, and operations.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance