Job Purpose: Lead and manage all real estate and property management operations within the Kingdom of Saudi Arabia, including the Cloud City project, ensuring profitability, compliance, and strategic growth. The manager oversees daily property operations, business development, regulatory compliance, and acts as the company's primary representative in the Kingdom. Responsibilities include maintaining high occupancy rates, ensuring tenant satisfaction, and achieving property management goals aligned with corporate objectives.
Key Responsibilities:
Strategic Leadership
- Develop and implement country-level strategies for real estate and property management, including the Cloud City project.
- Identify market trends and expansion opportunities within the Saudi market.
- Build and maintain strong relationships with investors, government entities, and key stakeholders.
- Represent the company in external forums, negotiations, and regulatory engagements.
Operational Oversight
- Supervise Cloud City project operations and ensure progress aligns with agreed development plans.
- Oversee purchasing, leasing, maintenance, and operations of residential, commercial, and mixed-use properties.
- Ensure properties are well-maintained, clean, and equipped with facilities that attract tenants.
- Schedule and supervise maintenance, repairs, and renovations, ensuring quality and budget compliance.
- Coordinate with maintenance teams and contractors for prompt and effective issue resolution.
Financial Management
- Prepare and manage property budgets, ensuring expenses remain within approved limits.
- Prepare financial reports, including income statements and expense reports, for management review.
- Set appropriate rental rates, manage rent collection, and make necessary adjustments.
- Oversee financial performance, including budgeting, forecasting, and periodic reporting.
Legal & Regulatory Compliance
- Ensure compliance with all property management regulations, safety requirements, and planning laws in the Kingdom.
- Monitor updates to Saudi property regulations and ensure all properties meet legal requirements.
- Respond to emergencies or unexpected situations, coordinating immediate actions for safety and compliance.
Staff & Vendor Management
- Lead and guide regional teams to align with organizational goals.
- Supervise staff, including maintenance teams, leasing agents, and administrative support.
- Provide training and support to enhance operational efficiency.
- Establish and maintain effective working relationships with suppliers and contractors for maintenance and repairs.
- Negotiate contracts, monitor contractor performance, and ensure compliance with company standards and timelines.
- Handle cloud city project development and coordinate with Project management & contractors regarding the updates about the projects.
Marketing and Leasing
- Develop leasing strategies to maintain high occupancy rates and minimize vacancies across properties.
- Market vacant units through online listings, open houses, and partnerships to attract qualified tenant
Qualifications and Certifications
- Bachelor's or Master's degree in Property Management, Business Administration, Finance or related field
- Professional certifications in property management or Saudi Real Estate License
Work Experience & Skills
- Minimum of 10 years of experience in senior management roles within real estate or property management.
- Proven experience in property management within KSA or the GCC region
- Excellent communication, negotiation, and customer service skills.
- Proficiency in property management software Yardi and Microsoft Office.
- Strategic thinking, business acumen, and financial/analytical expertise.
- Knowledge of property laws and compliance standards in KSA.
- Proficiency in English and Knowledge of Arabic is highly preferable
