ALDAR

Vice President – Portfolio Management

ALDAR  •  Abu Dhabi, AE (Onsite)  •  2 months ago
Apply
Save Job
Mark Applied Mark Interviewed Mark Offered
Hide Job Report Job
AI can make mistakes so check important info. Chat history is never stored.

Job Description

JOB PURPOSE
Manage the performance of Aldar’s residential & commercial property portfolio, planning the timing of capital upgrades, with the goal of enhancing value and maximizing return of the portfolio.
ROLES AND RESPONSIBILITIES
Market Research
Conduct periodic market research on rental rates to ensure proper setting of internal rates for Aldar residential and commercial portfolio.
Analyze market conditions and forecast changes in rates and occupancy levels, in conjunction with the Director – Investment Management.
Monitoring and periodically assessing competitors' assets to forecast any potential risk on demand, rates and asset classes.
Identify and implement value-add initiatives
Recommend changes in rental rates based on market conditions.
Obtain new capabilities and equipment through CAPEX programs
Conduct development feasibility and draft of associated IC Business Case
Asset Management
Manage the portfolio of residential and commercial assets;
Review financial statements related to the asset, market and economic data to determine the economic impact and/or compliance impact for the operation of the assets.
Monitor the performance of assets to ensure delivery on financial targets.
Maximize return on assets and assets utilization.
Improve maintenance productivity and optimize space / equipment reliability as per business targets.
Achieve profitability while recognizing inefficiencies and minimize asset capital expenditures.
Provide input on asset repositioning and asset disposal, in conjunction with the Director – Investment Management.
Ensure pricing strategy and payment scheduling are suited for market prospects and cultivating for current and new client relationships
Risk Management:
Manage and assess risks associated with the operation / utilization of assets to ensure activities are in alignment with the investment management objectives.
RELATED YEARS OF EXPERIENCE
Min of 10+ years of at least 5 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory or other related field.
YOE IN MANAGERIAL POSITIONMin of 2+ years in a related managerial position
FIELD OF EXPERIENCEBanking, real estate consultancy, management consultancy.
TECHNICAL AND INTERPERSONAL SKILLS
Outstanding analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.
Proven track record in conducting valuation / financial models.
Able to analyze, evaluate and move quickly to support rapid decision making.
Ability to interpret and manage transaction documentation: NDAs, MoUs, LoI’s, and SPA’s
Ability to develop Board level papers and investment memoranda.
QUALIFICATION
Bachelor Degree in Engineering, Economics, Finance or Accounting, MBA (Finance), CFA, CA or CPA preferred.
ALDAR

About ALDAR

كان الهدف من تأسيسنا هو إنشاء مشاريع عقارية ذات مستوى عالمي لمدينة أبوظبي، مع توفير محفظة استثمارية مستقرة ومربحة لجميع المستثمرين لدينا

نحن ملتزمون بتحقيق معايير جديدة للابتكار والتميز والقيمة في التصميم المدني والتنمية المستدامة. أولويتنا هي الفائدة الفورية والمستقبلية لأبو ظبي والمقيمين فيها

قمنا بتطوير مشاريع مميزة ومبتكرة كالمبنى HQ للدار المعروف عالميا والواقع في شاطئ الراحة، وأبراج البوابة في شمس أبو ظبي على جزيرة الريم، بالإضافة إلى حلبة الفورمولا 1 في جزيرة ياس

وراء نجاحنا أكثر من 500 موظف متعددي التخصصات مهمتهم تقديم الخبرة والمعرفة من جميع أنحاء العالم

We were established to create world-class real estate developments for the nation of Abu Dhabi, whilst providing a stable and profitable investment portfolio for all our investors.

We are dedicated to achieving new standards of innovation, excellence and value in urban design and sustainable development. Our priority is the immediate and future benefit of Abu Dhabi and its residents.

We developed exciting and innovative project from residential to retail, hospitality and commercial, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.

Behind our success there are over 500 multi-disciplinary staff providing expertise and knowledge from around the globe.

Industry
Real Estate & Property
Company Size
5,001-10,000 employees
Headquarters
Abu Dhabi, AE
Year Founded
Unknown
Website
aldar.com
Social Media