Job Detail

Senior Asset Management Executive (Leisure & Entertainment ) - Black & Grey HR

Date Posted: Oct 01, 2023
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Job Detail

  • Location:
    Abu Dhabi , UAE
  • Company:
  • Type:
    Full Time/Permanent
  • Shift:
    First Shift (Day)
  • Career Level:
    NA
  • Positions:
    1
  • Experience:
    5+ years
  • Gender:
    No Preference
  • Degree:
    NA
  • Apply Before:
    Jan 01, 2024

Job Description

Black & Grey HR is representing a top-tier developer in Abu Dhabi, UAE. We are actively searching for a Senior Asset Management Executive specialized in Leisure & Entertainment to bolster business development and manage new and ongoing projects within our client’s Leisure & Entertainment Asset Management portfolio. 

Key Responsibilities: 
- Partner with senior leadership to develop asset management strategies aimed at enhancing both financial and operational performance across real estate portfolios. 
- Collaborate with the Corporate Marketing and Communications team to create impactful marketing strategies designed to elevate asset value and net operating income (NOI). 
- Engage with cross-functional teams to develop strategic plans at the individual asset level, ensuring departmental alignment to optimize asset value. 
- Supply Senior Associates and Retail Managers with timely market intelligence to pinpoint growth opportunities. 
- Administer Service Level Agreements (SLAs) and contracts with a range of stakeholders, including internal teams, service providers, and third-party operators. 
- Produce thorough financial reports, performance summaries, and investment presentations for internal and external stakeholders. 
- Regularly update quarterly reports, perform valuation analyses, and draft cash-flow projections, along with other required reports. 
- Oversee financial transactions linked to asset management, including but not limited to contractual duties, purchases, and procurement requests. 
- Aid senior leadership in preparing annual budgets for Marketing, Leasing, and Community Management, ensuring these budgets align with the overall strategic plan. 
- Consistently monitor key performance metrics such as rent collection, visitor traffic, sales turnover, etc., for the portfolio at hand. 
- Partner with the Finance team to establish, manage, and collect service charges related to the leisure and entertainment assets. 
- Coordinate with Design & Delivery and other functional teams for the launch of new retail assets. 
- Strategize with Sales & Leasing teams to define tenant mix, lease duration, and asset allocation, focusing on sustaining cash flow, diversifying risks, and enhancing asset value. 
- Maintain awareness of industry trends, regulatory shifts, and competitive landscapes to identify new opportunities and assess their impact on tenancy. 


Requirements

Qualifications: 
- Bachelor’s degree in Business Administration, Real Estate, Finance, or related fields. 
- Minimum 4 years of experience in managing or supporting diverse real estate or leisure & entertainment portfolios. 
- Expert knowledge of UAE Retail market and regulations.   
- Proficiency in MS Office (Excel, PowerPoint, Word). 

 Preferred Skills: 
- Additional industry-specific certifications. 
- Fluency in Arabic.  
- Exceptional financial and operational acumen. 
- Stellar written and verbal communication skills in English. 
- Ability to make proactive and independent decisions. 
- Strong negotiation capabilities. 

 Attributes: 
- Highly organized, creative, and proactive mindset. 

Benefits

- Competitive Salary Package

Qualified candidates who are interested in contributing to an innovative team are encouraged to apply now.

Benefits

NA

Skills Required

Job is expired

Company Overview

Longowal, UAE

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