176 Real Estate Management jobs in Saudi Arabia

About the Company

Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.

Fulfilling our mission will require an exceptional group of people whose collective output is greater than the sum of its individual parts. Our team members are energized by the opportunity to impact our residents’ lives in meaningful ways. They are bold and creatively ambitious, driven by relentlessly high standards, act with a sense of urgency and accountability, and always, above all, operate with integrity, loyalty, and trust.

• We are seeking a detail-oriented and proactive Asset Manager to join our growing real estate team in Riyadh. This role is critical to the day-to-day performance and long-term success of our real estate portfolio in Saudi Arabia.The Asset Manager will work closely with Flow’s Fund Managers, taking the lead on operational and financial oversight across the portfolio. The role includes budgeting, financial modeling,capex planning, investor coordination, and performance reporting ensuring each property meets its investment objectives while supporting Flow’s broader regional goals.This is a high-impact position suited to a candidate with strong analytical skills, a collaborative mindset, and prior experience with real estate funds or asset management in Saudi Arabia.

• Serve as the primary point of contact with Flow’s fund managers, ensuring effective communication, timely reporting, and operational alignment.
• On-going engagement with property management and revenue teams to track performance (revenue, occupancy, leasing activity) and building-level KPIs to ensure assets are delivering against business plan targets.
• Support preparation of CapEx and OpEx budgets, re-forecasts, and investment models; evaluate ROI on capex and leasing initiatives.
• Review of monthly financial reports to ensure accountability, transparency, and alignment with property management teams.
• Maintain communication with existing and potential investor base; prepare regular updates, reports, and presentations for investors and other stakeholders.
• Collaborate with internal teams to ensure fund, asset-level and relevant corporate activities are compliant with CMA regulations at all times.
• Lender relationship management and ensuring property compliance with loan agreements.
• Cash flow projection modelling and onboarding of new investments.
• Oversight of property tax and insurance strategies for the portfolio.

• Bachelor’s degree in a related field (Finance, Real Estate, Economics, or similar).
• 4-8 years of asset management experience for owners of Class A multifamily and mixed-use assets across multiple geographies.
• Proficient in creating cash flow projection models, sell/hold analysis, and ROI analysis.
• Strong preference for familiarity and experience working with or within Fund Management structures.
• Experience in supporting transaction processes including new acquisition onboarding, financings, and dispositions.
• Deep understanding of multifamily property financial reports and operations.
• Strong communication skills. fluency in English required, Arabic proficiency preferred.
• Extremely well organized with exceptional attention to detail.

Why Join Flow?

Exciting growth opportunity: Be part of a fast-growing company shaping the future of residential living in Saudi Arabia.

Dynamic work environment: Work with a passionate team in an innovative, tech-driven company.

Competitive compensation & benefits.

A chance to make an impact: Help build a vibrant international community and redefine what it means to call Flow home.

If you have the energy, talent, and work ethic to thrive in this role, we want to hear from you! Apply now and be part of Flow’s success story!

Join to apply for the Manager, Real Estate (Asset Management) role at Flow .

Get AI-powered advice on this job and more exclusive features.

About The Company

Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.

Fulfilling our mission requires an exceptional team whose collective output exceeds individual contributions. Our team members are energized by the opportunity to impact residents’ lives positively. They are bold, creatively ambitious, uphold high standards, act with urgency and accountability, and operate with integrity, loyalty, and trust.

About The Role

• We seek a detail-oriented and proactive Asset Manager to join our growing real estate team in Riyadh. This role is vital for the daily performance and long-term success of our real estate portfolio in Saudi Arabia.
• The Asset Manager will collaborate closely with Flow’s Fund Managers, overseeing operational and financial aspects across the portfolio, including budgeting, financial modeling, capex planning, investor coordination, and performance reporting to ensure each property meets its investment objectives and aligns with Flow’s regional goals.
• This position is suited for candidates with strong analytical skills, a collaborative mindset, and experience in real estate funds or asset management in Saudi Arabia or the broader MENA region.

Responsibilities

• Primary contact with Flow’s fund managers for effective communication, reporting, and operational alignment.
• Engage with property management and revenue teams to monitor performance metrics such as revenue, occupancy, and leasing activity, ensuring assets meet business plan targets.
• Assist in preparing budgets, re-forecasts, and investment models; evaluate ROI on capex and leasing initiatives.
• Review monthly financial reports for accountability and transparency, ensuring alignment with property management.
• Maintain communication with investors, preparing updates, reports, and presentations.
• Ensure compliance with CMA regulations across fund, asset, and corporate activities.
• Manage lender relationships and ensure property compliance with loan agreements.
• Develop cash flow projections and facilitate onboarding of new investments.
• Oversee property tax and insurance strategies for the portfolio.

Ideal Background

• Bachelor’s degree in Finance, Real Estate, Economics, or related fields.
• 4-8 years of asset management experience with Class A multifamily and mixed-use assets, preferably in MENA.
• Proficiency in cash flow modeling, sell/hold, and ROI analysis.
• Experience with Fund Management structures preferred.
• Support in transaction processes like acquisitions, financings, and dispositions.
• Deep understanding of multifamily property financial reports and operations.
• Excellent communication skills; fluency in English required, Arabic preferred.
• Highly organized with exceptional attention to detail.

Why Join Flow?

• Exciting growth opportunities in shaping Saudi Arabia’s residential landscape.
• Dynamic, innovative, and tech-driven work environment.
• Competitive compensation and benefits.
• Opportunity to build a vibrant international community and redefine living standards.

If you possess the energy, talent, and work ethic for this role, we want to hear from you! Apply now and join Flow’s success story!

The Asset Management / CAFM Lead is a vital role within the facilities and property management sector, particularly focused on airport operations. This position is responsible for overseeing the management of assets and the implementation of Computer-Aided Facility Management (CAFM) systems tailored for airport environments. The ideal candidate will ensure that all assets are efficiently managed and maintained, maximizing their value and performance while adhering to aviation industry standards and regulations. This role requires a deep understanding of airport operations and the unique challenges they present.

Responsibilities:

1. Develop and implement asset management strategies specifically designed for airport facilities to optimize asset performance and reliability.
2. Oversee the integration and utilization of CAFM systems to enhance operational efficiency and streamline processes in airport management.
3. Conduct regular audits and assessments of airport assets to ensure compliance with aviation regulations and performance standards.
4. Collaborate with cross-functional teams, including airport operations, maintenance, and safety departments, to align asset management practices with organizational objectives.
5. Prepare and present detailed reports on asset performance and management initiatives to senior management and airport stakeholders, ensuring transparency and accountability.
6. Train and mentor team members on best practices in asset management and CAFM systems, focusing on airport-specific applications.
7. Manage the budget for asset management initiatives, ensuring cost-effective solutions while meeting the operational needs of the airport.
8. Identify opportunities for process improvements and implement innovative solutions to enhance asset management in the airport context.
9. Ensure adherence to health, safety, and environmental regulations specific to airport facilities in all asset management practices.
10. Engage with airport stakeholders to gather feedback and continuously improve asset management strategies, fostering a culture of collaboration and innovation.

Preferred Candidate:

1. Strong analytical and problem-solving skills with a focus on airport operations and asset management.
2. Excellent communication and interpersonal abilities, particularly in a multicultural environment typical of airports.
3. Proven experience in facilities management and asset management within the aviation sector, demonstrating a thorough understanding of airport operations.
4. Knowledge of CAFM software and its applications in airport settings, with a focus on enhancing operational efficiency.
5. Ability to work collaboratively in a team-oriented environment, especially with airport personnel and stakeholders.
6. Strong organizational and project management skills, with experience in managing airport-related projects.
7. Detail-oriented with a focus on quality, compliance, and safety in airport operations and asset management.
8. Adaptability to changing priorities and environments typical of airport operations, demonstrating resilience and flexibility.
9. Proficiency in data analysis and reporting tools relevant to asset management in aviation, enabling informed decision-making.
10. Commitment to continuous professional development and learning in the field of airport management and asset optimization.

Skills

• Proficient in CAFM software and asset management tools relevant to airport operations, enhancing efficiency and effectiveness.
• Strong understanding of facilities management principles specific to the aviation sector, ensuring compliance and best practices.
• Excellent project management and organizational skills, particularly in the context of airport facilities management.
• Ability to analyze data and generate actionable insights for improved asset management in airports.
• Effective communication and presentation skills, essential for engaging with diverse airport stakeholders.
• Knowledge of health and safety regulations applicable to airport facilities, ensuring a safe operational environment.
• Experience in budget management and cost control in aviation projects, optimizing resource allocation.
• Strong leadership and mentoring abilities, fostering team development and performance in airport settings.

Seeking a strategic and analytically driven Director of Asset Management with a strong background in audit, financial controls, and hospitality operations. This individual will play a critical role in safeguarding asset value, optimizing operational performance, and ensuring alignment between ownership interests and operator performance.

Client Details

One of the leading hospitality development companies in KSA by the PIF

Description

Financial Oversight & Control

1. Lead detailed reviews and analysis of hotel P&L statements, balance sheets, and cash flows to ensure accuracy, identify trends, and flag anomalies.
2. Partner with the internal finance team to validate financial assumptions and challenge forecasts, budgets, and performance metrics.
3. Monitor the financial health of assets and lead initiatives to improve GOP, NOI, and overall profitability.

Audit & Compliance

1. Implement robust audit and internal control procedures across owned hospitality assets.
2. Oversee periodic operational audits, risk assessments, and compliance checks in coordination with internal audit and finance teams.
3. Ensure hotel operators are compliant with management agreements, brand standards, and owner objectives.

Stakeholder Management

1. Build strong relationships with hotel General Managers, regional operator teams, and brand representatives to foster transparency and accountability.
2. Represent ownership in owner-operator meetings, business reviews, and strategic planning sessions.
3. Serve as a key liaison between internal stakeholders (finance, investments, legal) and external hotel operators.

Strategic Asset Management

1. Drive value creation by identifying opportunities for revenue enhancement, cost reduction, and capital investment optimization.
2. Contribute to annual business planning, reforecasting, and long-term strategic planning for each asset.
3. Monitor competitive set and market dynamics to proactively advise on pricing, positioning, and performance improvements.

Profile

1. Bachelor's degree in Finance, Accounting, Hospitality Management, or a related field; MBA or CPA/CA qualification preferred.
2. 10+ years of progressive experience in hospitality asset management, audit, or financial control, with a minimum of 5 years in a leadership role.
3. Proven experience interacting with hotel operators (preferably across international brands such as Marriott, Hilton, Accor, etc.).
4. Strong analytical acumen with the ability to interpret complex financial data and challenge assumptions effectively.
5. Familiarity with owner/operator agreements and financial modeling.

Job Offer

Opportunity to work directly with a leading mega project in Saudi Arabia

Work alongside a team of world-class hospitality professionals

Skills

financial control

The CAFM & Asset Management Lead is a pivotal position within the Facilities & Property Management sector, specifically tailored for professionals with airport experience. This role focuses on leveraging Computer-Aided Facilities Management (CAFM) systems to enhance the management of assets and facilities, particularly in an airport environment. The ideal candidate will be responsible for ensuring that all facilities and assets are maintained to the highest standards, optimizing operational efficiency, and ensuring compliance with aviation regulations. This position requires a strategic mindset, strong leadership capabilities, and a deep understanding of the unique challenges associated with airport facilities management.

Responsibilities:

1. Develop and implement comprehensive CAFM strategies tailored for airport facilities management.
2. Oversee the maintenance and performance of all airport facilities and assets, ensuring compliance with aviation industry standards.
3. Coordinate with airport operations and security teams to ensure seamless integration of asset management processes.
4. Analyze operational data and generate reports to inform decision-making and improve asset utilization.
5. Lead a skilled team of facilities management professionals, providing mentorship and support to achieve departmental objectives.
6. Manage budgets and financial forecasts related to airport asset management and facilities operations.
7. Identify and implement process improvements to enhance operational efficiency and reduce costs.
8. Ensure that all airport facilities meet safety, security, and regulatory requirements.
9. Develop and conduct training programs for staff on CAFM systems and airport-specific asset management practices.
10. Collaborate with external vendors and service providers to optimize asset performance and service delivery.

Preferred Candidate:

1. Proven experience in facilities management or asset management roles within an airport setting.
2. Strong analytical skills with a data-driven approach to decision-making in a high-stakes environment.
3. Excellent leadership and team management abilities, with experience in a fast-paced setting.
4. Proficiency in CAFM software and tools relevant to airport operations.
5. Exceptional communication and interpersonal skills, particularly in a multicultural environment.
6. Ability to work under pressure and manage multiple projects simultaneously in a dynamic environment.
7. Strong problem-solving skills and meticulous attention to detail.
8. Knowledge of aviation regulations and compliance standards specific to airport operations.
9. Experience in budget management and financial analysis in the context of airport facilities.
10. A proactive attitude towards continuous improvement and innovation in facilities management.

Skills

• Proficiency in CAFM software and asset management tools specific to airport facilities.
• Strong understanding of airport facilities management principles and practices.
• Excellent project management skills with a focus on airport operations.
• Ability to analyze and interpret operational data effectively.
• Strong communication and negotiation skills in a multicultural environment.
• Knowledge of safety and security regulations specific to airport operations.
• Financial acumen and experience in budget management within the aviation sector.
• Leadership and team-building capabilities in a high-pressure environment.

Seeking a strategic and analytically driven Director of Asset Management with a strong background in audit, financial controls, and hospitality operations. This individual will play a critical role in safeguarding asset value, optimizing operational performance, and ensuring alignment between ownership interests and operator performance.

Client Details

One of the leading hospitality development companies in KSA by the PIF

Description

Financial Oversight & Control

1. Lead detailed reviews and analysis of hotel P&L statements, balance sheets, and cash flows to ensure accuracy, identify trends, and flag anomalies.
2. Partner with the internal finance team to validate financial assumptions and challenge forecasts, budgets, and performance metrics.
3. Monitor the financial health of assets and lead initiatives to improve GOP, NOI, and overall profitability.

Audit & Compliance

1. Implement robust audit and internal control procedures across owned hospitality assets.
2. Oversee periodic operational audits, risk assessments, and compliance checks in coordination with internal audit and finance teams.
3. Ensure hotel operators are compliant with management agreements, brand standards, and owner objectives.

Stakeholder Management

1. Build strong relationships with hotel General Managers, regional operator teams, and brand representatives to foster transparency and accountability.
2. Represent ownership in owner-operator meetings, business reviews, and strategic planning sessions.
3. Serve as a key liaison between internal stakeholders (finance, investments, legal) and external hotel operators.

Strategic Asset Management

1. Drive value creation by identifying opportunities for revenue enhancement, cost reduction, and capital investment optimization.
2. Contribute to annual business planning, reforecasting, and long-term strategic planning for each asset.
3. Monitor competitive set and market dynamics to proactively advise on pricing, positioning, and performance improvements.

Profile

1. Bachelor's degree in Finance, Accounting, Hospitality Management, or a related field; MBA or CPA/CA qualification preferred.
2. 10+ years of progressive experience in hospitality asset management, audit, or financial control, with a minimum of 5 years in a leadership role.
3. Proven experience interacting with hotel operators (preferably across international brands such as Marriott, Hilton, Accor, etc.).
4. Strong analytical acumen with the ability to interpret complex financial data and challenge assumptions effectively.
5. Familiarity with owner/operator agreements and financial modeling.

Job Offer

Opportunity to work directly with a leading mega project in Saudi Arabia

Work alongside a team of world-class hospitality professionals

Skills

financial control

Overview:

As part of its development of Qiddiya City, Qiddiya Investment Company will be developing hotels in the coming years. The Senior Director – Asset Management is responsible for leading an Asset Management hospitality portfolio team overseeing multiple hotels tasked with the smooth opening and optimizing the performance of the QIC hotel portfolio.

Responsibilities:

1. Assist in developing and implementing the Asset Management Framework for hospitality assets in Qiddiya including setting, monitoring and periodically refining a Hospitality Asset Management Strategy (“HAMS”).
2. Assist in designing the Asset Management (Hospitality) team structure and implement hiring in accordance with the HAMS.
3. Have input into and implement Qiddiya Asset Management operational policies, standards and KPI’s for hospitality assets.
4. Manage the negotiation and execution of all hospitality management agreements (“HMA”) in conjunction with the Qiddiya Strategy and Development teams.
5. Manage the asset handover, onboarding of all hotel operators and the pre-opening activities, budgets, business plans etc. for all hotel assets in conjunction with the Qiddiya Development team.
6. Develop strategic relationships with all hotel operators and service providers.
7. In conjunction with the Asset Management – Facility Management team, develop and implement a Hospitality ESG Strategy for Qiddiya Asset Management which is aligned with the Qiddiya City approved ESG commitments.
8. Engage and collaborate with other Asset Class leads to optimize overall Qiddiya customer experience, extract operating initiatives and synergies and asset performance including event management, security, transportation, marketing and communications, packages and pricing etc.
9. Continually monitor and analyze asset and portfolio performance and risk across all target KPI’s.
10. Develop and implement strategic responses to performance to ensure targets are consistently and reliably met or exceeded.
11. Analyze hotel operations, business plans, capital investments, sales & marketing plans and strategic alternatives.
12. Formulate and make recommendations to the Head of Asset Management and required stakeholders for short and long-term strategic plans for the hotel assets.
13. Research and remain close to all markets affecting the hospitality industry and specifically the markets in which the assets are situated, including supply and demand changes and trends.
14. Examine and monitor the operating performance of the assets to ensure the return on investment in each asset is maximized.
15. Meet with hotel executive teams to review monthly & quarterly operating performance, annual business plans and longer-term strategic plans.
16. Proactively identify and resolve ownership issues to maintain the integrity of the assets.
17. Ensure the effective deployment of capital by working with the hotel teams and third-party technical services consultants to execute and monitor each hotel's short and long-term capital plans.
18. Prepare investment summaries and make recommendations for major hotel expenditures.
19. Monitor and analyze return on investment for the assets as well as profit improving projects, either implemented or proposed.
20. Identify value enhancement opportunities within the portfolio.
21. Provide input to monthly, quarterly and annual internal reports to the Executive Committee for all assets in the hospitality portfolio.

Qualifications:

• Degree educated within the fields of Real Estate, Business, Hospitality Management.
• Hotel pre-opening and operations experience.

Years of Experience:

• 20+ years of real estate Asset Management focused on hospitality assets.
• 10+ years in a leadership position.
• International experience including prior experience within MENA (preferred).

Overview:

As part of its development of Qiddiya City, Qiddiya Investment Company will be developing hotels the years. The Senior Director - Asset Management is responsible for leading a Asset Management hospitality portfolio team overseeing multiple hotels tasked with the smooth opening and optimizing the performance of the QIC hotel portfolio.

Responsibilities:

- Assist in developing and implementing the Asset Management Framework for hospitality assets in Qiddiya including setting, monitoring and periodically refining a Hospitality Asset Management Strategy ("HAMS").

- Assist in designing the Asset Management (Hospitality) team structure and implement hiring in accordance with the HAMS.

- Have input into and implement Qiddiya Asset Management operational policies, standards and KPI's for hospitality assets.

- Manage the negotiation and execution of all hospitality management agreements ("HMA") in conjunction with the Qiddiya Strategy and Development teams.

- Manage the asset handover, onboarding of all hotel operators and the pre-opening activities, budgets, business plans etc. for all hotel assets in conjunction with the Qiddiya Development team.

- Develop strategic relationships with all hotel operators and service providers.

- In conjunction with the Asset Management - Facility Management team, develop and implement a Hospitality ESG Strategy for Qiddiya Asset Management which is aligned with the Qiddiya City approved ESG commitments.

- Engage and collaborate with other Asset Class leads to optimize overall Qiddiya customer experience, extract operating initiatives and synergies and asset performance including event management, security, transportation, marketing and communications, packages and pricing etc.

- Continually monitor and analyze asset and portfolio performance and risk across all target KPI's

- Develop and implement strategic responses to performance to ensure targets are consistently and reliably met or exceeded

- Analyzing hotel operations, business plans, capital investments, sales & marketing plans and strategic alternatives

- Formulating and make recommendations to the Head of Asset Management and required stakeholders for short and long-term strategic plans for the hotel assets

- Research and remain close to all markets affecting the hospitality industry and specifically the markets in which the assets are situated, including supply and demand changes and trends

- Examine and monitor the operating performance of the assets to ensure the return on investment in each asset is maximized

- Meet with hotel executive teams to review monthly & quarterly operating performance, annual business plans and longer-term strategic plans

- Proactively identify and resolve ownership issues to maintain the integrity of the assets;

- Ensure the effective deployment of capital by working with the hotel teams and third-party technical services consultants to execute and monitor each hotel's short and long-term capital plans

- Prepare investment summaries and make recommendations for major hotel expenditures

- Monitor and analyze return on investment for the assets as well as profit improving projects, either implemented or proposed

- Identify value enhancement opportunities within the portfolio

- Provide input to monthly, quarterly and annual internal reports to the Executive Committee for all assets in the hospitality portfolio

Qualifications:

- Degree educated within the fields of Real Estate, Business, Hospitality Management.

- Hotel pre-opening and operations experience.

Years of Experience:

- 20+ years of real estate Asset Management focused on hospitality assets

- 10+ years in a leadership position

- International experience including prior experience within MENA (preferred)

Overview:

As part of its development of Qiddiya City, Qiddiya Investment Company will be developing hotels in the coming years. The Senior Director – Asset Management is responsible for leading an Asset Management hospitality portfolio team overseeing multiple hotels tasked with the smooth opening and optimizing the performance of the QIC hotel portfolio.

Responsibilities:

1. Assist in developing and implementing the Asset Management Framework for hospitality assets in Qiddiya including setting, monitoring and periodically refining a Hospitality Asset Management Strategy (“HAMS”).
2. Assist in designing the Asset Management (Hospitality) team structure and implement hiring in accordance with the HAMS.
3. Have input into and implement Qiddiya Asset Management operational policies, standards and KPI’s for hospitality assets.
4. Manage the negotiation and execution of all hospitality management agreements (“HMA”) in conjunction with the Qiddiya Strategy and Development teams.
5. Manage the asset handover, onboarding of all hotel operators and the pre-opening activities, budgets, business plans etc. for all hotel assets in conjunction with the Qiddiya Development team.
6. Develop strategic relationships with all hotel operators and service providers.
7. In conjunction with the Asset Management – Facility Management team, develop and implement a Hospitality ESG Strategy for Qiddiya Asset Management which is aligned with the Qiddiya City approved ESG commitments.
8. Engage and collaborate with other Asset Class leads to optimize overall Qiddiya customer experience, extract operating initiatives and synergies and asset performance including event management, security, transportation, marketing and communications, packages and pricing etc.
9. Continually monitor and analyze asset and portfolio performance and risk across all target KPI’s.
10. Develop and implement strategic responses to performance to ensure targets are consistently and reliably met or exceeded.
11. Analyze hotel operations, business plans, capital investments, sales & marketing plans and strategic alternatives.
12. Formulate and make recommendations to the Head of Asset Management and required stakeholders for short and long-term strategic plans for the hotel assets.
13. Research and remain close to all markets affecting the hospitality industry and specifically the markets in which the assets are situated, including supply and demand changes and trends.
14. Examine and monitor the operating performance of the assets to ensure the return on investment in each asset is maximized.
15. Meet with hotel executive teams to review monthly & quarterly operating performance, annual business plans and longer-term strategic plans.
16. Proactively identify and resolve ownership issues to maintain the integrity of the assets.
17. Ensure the effective deployment of capital by working with the hotel teams and third-party technical services consultants to execute and monitor each hotel's short and long-term capital plans.
18. Prepare investment summaries and make recommendations for major hotel expenditures.
19. Monitor and analyze return on investment for the assets as well as profit improving projects, either implemented or proposed.
20. Identify value enhancement opportunities within the portfolio.
21. Provide input to monthly, quarterly and annual internal reports to the Executive Committee for all assets in the hospitality portfolio.

Qualifications:

• Degree educated within the fields of Real Estate, Business, Hospitality Management.
• Hotel pre-opening and operations experience.

Years of Experience:

• 20+ years of real estate Asset Management focused on hospitality assets.
• 10+ years in a leadership position.
• International experience including prior experience within MENA (preferred).