Associate - Portfolio Management ALDAR Properties PJSC

Strategic

• Support in the development and implementation of asset management strategies for Aldar s residential and commercial portfolios to achieve optimal returns.
• Identify the strategic, financial and operational targets as per the annual financial plans.
• Support in the sourcing and execution of new potential land acquisitions or joint ventures in conjunction with the portfolio strategy.

Asset Management

• Support the portfolio performance of residential, commercial, and other applicable assets to ensure achieving the financial and operational targets via our service provider / PM;
• Ensure alignment with Aldar s Investments decisions
• Achieving the financial performance of assets
• Maximize return on assets and assets utilization
• Achieve profitability while recognizing inefficiencies and minimize asset capital expenditures.

Market Research

• Review outcomes of market research and identify market dynamics impacting assets performance.
• Assess the forecasted changes in rates and occupancy levels on our portfolio.

Risk Management:

• Assess and effectively manage all the risks associated with the operation / utilization of assets to ensure activities are in alignment with the portfolio objectives.

Technical and Interpersonal Skills

• Strong analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.
• Experience in conducting valuation / financial models.
• Able to analyze, evaluate and move quickly to support rapid decision making.
• Experience in management of transaction documentation: NDAs, MoUs, LoI s, and SPA s
• Ability to develop Board level papers and investment memoranda.