Senior Associate

Job Purpose

Strategic Planning & Portfolio Management

• Support the business head in developing a detailed 5-year business plan aligned with the corporate strategy.
• Monitor and achieve Asset Management strategic scorecard KPIs and targets for the assigned portfolio of projects.
• Full P&L accountability for assigned real estate assets.

Asset Optimization & Operational Management

• Lead the development of asset strategies and action plans to enhance asset value and NOI for existing properties.
• Conduct market analysis, benchmarking, and positioning to optimize asset performance.
• Review and challenge financial and operational targets.
• Manage routine operations conducted by affiliated or third-party property managers.
• Lead negotiations with external parties and service providers, ensuring compliance with operational standards and regulations.
• Conduct monthly business review meetings with Asset Operators.

Cross-Segment Initiatives & Quality Assurance

• Design and implement cross-segment initiatives and destination management strategies to improve asset performance.
• Monitor initiative performance and develop action plans to align or enhance assets.
• Constantly monitor asset quality and standards in line with AM strategy.

Development & Feasibility Support

• Provide inputs to the Development team on new assets and masterplans.
• Review project briefs and business plans; pressure-test key assumptions and recommend adjustments.
• Perform asset and masterplan feasibility studies.
• Recommend portfolio strategy in partnership with Development Management.
• Coordinate with Design & Delivery and other stakeholders for asset openings.

Stakeholder Management & Valuation

• Liaise with internal stakeholders (development, marketing, facility management, finance, legal, procurement) and external stakeholders (operators, property managers).
• Conduct detailed annual asset valuations of the assigned portfolio.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• MBA, CFA, CPA, or CA certification preferred.

Experience

• Experience in asset management, portfolio management, consulting, finance, or similar role.
• Exposure to strategic initiatives or process improvement projects in real estate or investment management.

Competencies & Skills

• Proven ability to develop and implement winning asset strategies to enhance asset value and deliver high investment returns.
• In-depth knowledge of GCC real estate market dynamics and regulatory environment.
• Strong financial and operational capabilities; advanced Excel skills, P&L and balance sheet management.
• Experience with feasibility studies is a plus.
• Excellent interpersonal, negotiation, and stakeholder management skills.
• Ability to liaise, influence, challenge, and interact effectively with senior executives.
• Coaching and people development skills.
• Strong teamwork and collaboration skills.