AF24757 - Senior Asset Manager | Dubai Festival City | Al Futtaim Group Real Estate

Department: Dubai Festival City
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 25-Oct-2016
Al-Futtaim

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

Real Estate

Al-Futtaim Group Real Estate (AFGRE) is responsible for the development and operations of Al-Futtaim’s real estate businesses across the Middle East and North Africa which includes:

Dubai Festival City, a 520 hectare waterfront mixed use community, opened in 2005.

Cairo Festival City, a 290 hectare mixed use development, opened in DeceMDer 2013. .

Doha Festival City, comprising 433,847 sq m (land) + 250,000 sq m (GLA), IKEA opened in March 2013.

Under Development:

  • Al Diriyah Festival City, Riyadh, Saudi Arabia: 260,000 sq m
  • Muscat Festival City, Oman: 100,000 sq m
  • Casablanca Festival City, Morocco: 120,000 sq m

DFC City Management

Dubai Festival City is a 1300 acre, premier waterfront urban community that has been designed to capture the ground breaking 21st Century spirit of Dubai. It offers a rich and vibrant living experience that interconnects the finest, easily accessible:

  • Shopping - Festival Centre
  • Dining - largest F&B offering in Dubai
  • Entertainment &Leisure
  • Residential Community - Villas, apartments &duplexes
  • Schools - Two international schools
  • Hospitality - InterContinental and Crowne Plaza Hotels
  • Commercial Offices
  • Automotive
  • Infrastructure
  • 24/7 City Management

An established creekside mixed use destination, developed by Al-Futtaim Group Real Estate (AFGRE), Dubai Festival City offers an unrivalled community lifestyle with modern luxury, comfort and convenience. Dubai Festival City is formed by three distinctive districts; Marsa Al Khor, Festival Centre and Al Badia which are connected by an impressive 30 kilometre internal road network and a wide creekside promenade.

Distinctive residential communities will provide homes to over 50,000 residents living in 20,000 apartments, townhouses and villas. All residential areas are available for sale and lease for individuals and wealth funds. For more information, click here. In addition, 50,000 office personnel will work daily at Dubai Festival City. For more information on office leasing available at Dubai Festival City, click here

With easy access via the 13 lane Business Bay Crossing, Airport Tunnel and the 12 lane Garhoud Bridge, and situated only two kilometres from Dubai International Airport, Dubai Festival City’s unique waterfront setting will deliver vibrancy and a sense of place to Dubai’s landscape.

About the Position:

The Asset Manager will be responsible for managing the P&L of each project including Sales, Leasing, Owners Association management, Financial Management, Portfolio Management and Facility Management. The person will be responsible to provide direction for business plans, budgets forecasts, leases/sales analysis and pricing approvals, along with the Finance department, drive cash flow through the tenant mix, carrying out capital expenditure projects to enhance the assets and oversee rent reviews and lease renewals.

Also to overlook the property management performance for all residential and commercial assets under the management of Al Futtaim Group Real Estate (AFGRE) at Dubai Festival City. The coordination with internal and external departments, organisations and professional bodies. The Asset Manager will also work closely with the Residential community managers as well as the Owners Association and will have knowledge in the freehold market and its laws.

This role is positioned at a band equivalent to a Senior Manager/Assistant General Manager with the group and will report to the Director Residential & Commercial. It will have a direct reporting of 3 permanent staff comprising of Administration, front office and CRM. This role will be based out of Dubai Festival City.

About You:

We require someone with a minimum 10 years of property management experience managing a landmark property or multiple properties with a minimum of two years of experience in GCC.

Experience of working on a project and contributing with input through the design period and knowledge of Computer Aided Facilities and Property Management systems will be required.



Note: you will be required to attach the following: 1. Resume/CV
 
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.