Asset Manager - Emiratization | Real Estate | Asset Management

Overview

Manage P&L, leasing, and performance of commercial & residential real estate assets.

Key Responsibilities

• profit management
• asset strategy
• fm contracts
• lease negotiation
• budget forecast
• tenant mix

Tasks

-Manage the full Profit and Loss statement of each project (residential and commercial) -Develop and implement the Asset Management strategy to maximise and enhance the financial and operational performance of the Portfolio. -Overlook the FM service level agreements and FM service contracts for the portfolio. -Assist the Finance Team to develop, manage and recover service charges for residential and commercial properties. -Monitor all property management financial transactions relative to the portfolio including contractual obligations, purchasing and procurement requests. -Leasing of Commercial premises; both retail and office. Working with retained agents in Dubai to market the available space and conclude rental negotiations. Retention of tenants by successful renewal discussions. -Develop strategic management plans including detailed budgets, quarterly forecasts, and Capex -Manage and direct the property managers allocated to the portfolio. -Liaise with internal & external parties and service providers, through the Property Management team, regarding all aspects of property, asset and facility management. In particular maintenance responsibilities of service providers and obligations of utility companies. -Be updated of the real estate market activities trends and law to assess possible implications on tenancy, financial and physical aspects of the property portfolio -Determine in conjunction with the Residential Sales & Leasing teams the appropriate tenant mix, lease tenure and asset weighting for the portfolio with a strong focus on continuity of cash flow, diversification of asset specific risk, and long term value.

Requirements

• yardi
• mri
• excel
• 5+ years
• bachelor's
• negotiation

What You Bring

-Proficiency in property management software (e.g., Yardi, MRI) and Microsoft Excel. -Must have the full capability to read, analyse, and interpret financial reports, together with technical and legal documents in English language -Ability to define problems, collect data, establish facts, and draw valid conclusions. -Computer literacy - Word, Excel, PowerPoint. -Knowledge of Computer Aided Facilities and Property Management systems -Good business development and negotiation skills; wide real estate network an advantage. -Good communication skills when working with multi-cultural colleagues and customers -Excellent people skills and experience in managing medium – large teams. -Strong financial acumen, including budgeting, forecasting, and investment analysis. -5+ years of experience in asset management or property management. -Bachelor’s degree in Real Estate, Finance, Business Administration, or related field (Master’s preferred). -Experience of working on a project and contributing with input through the design period

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About Al-Futtaim

-Born in the 1930s as a family venture in Dubai, it evolved into a regional powerhouse across 18 countries. -It built a portfolio spanning automotive, retail, real estate, finance, health, and education divisions. -Real estate highlights include Dubai Festival City, mixed-use developments, and logistics hubs. -Financial services include insurance, broking, and consumer financing across the region. -Health segment delivers modern clinics and patient-centric care solutions. -Education arm partners with global institutions, supports Arabic excellence, and collaborates with NASA challenges. -The narrative includes pioneering projects like hydrogen fuel stations and AI-driven retail innovation.

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