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Senior Manager – Asset Management

Cenomi Centers
Riyadh Region, KSA
Full-time
Mid-Senior
Onsite
Discovered 3 weeks ago
Asset managementRetail asset managementP&L managementRetail asset strategyMarket analysisInvestment opportunity evaluation

Full Job Posting

Role overview

Cenomi Centers seeks an experienced Senior Manager – Asset Management to drive performance, profitability, and long-term value across its retail portfolio.

The role influences strategy for major retail assets across owned and third-party properties and works with senior leadership, leasing, development, investment, and operations teams.

Key responsibilities

  • Own P&L performance and drive financial results across assigned assets.
  • Identify opportunities to improve asset value, profitability, and tenant mix.
  • Lead asset performance reviews and translate insights into action.
  • Shape retail asset strategy through market analysis and investment opportunities.
  • Support development and transformation projects from business case to delivery.
  • Evaluate acquisitions and support post-acquisition integration.
  • Recommend strategies for underperforming assets and potential disposals.
  • Build relationships with internal stakeholders and major regional retailers.

Job requirements

  • 8+ years of relevant asset management experience, including 3+ years in a managerial role.
  • Experience managing large-scale retail assets with annual revenue; strong retail experience across malls and lifestyle destinations.
  • Proven asset transformation and development project experience and strong knowledge of the GCC real estate market.
  • Experience in property management and/or leasing.
  • Strong financial modelling and Excel skills; experience with asset valuation and RICS Fair Value.
  • Bachelor’s degree in Real Estate, Finance, Economics, Engineering, or a related field.
  • Strong stakeholder management, negotiation, and communication skills; established relationships with major regional retailers.
  • MRICS or Assoc RICS is a plus.

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