Assets Group Jobs In Qatar: Assets Group is Hiring for new job opportunities In Qatar . Are you searching for a job in Qatar? Assets Group announces the opening of Recruitment Process for The Following Opportunities in Qatar. learn more about Assets Group jobs and how to apply through the following advertisement.
The Director of Asset Management is responsible for the ownership oversight of a portfolio of geographically diverse assets within the Company portfolio. The overall responsibility is to maximize the value of the Company’s real estate by providing oversight of operations management to maximize net operating income and (working with operations management to implement an efficient and effective capital investment program. This role plays a critical role in ensuring that the organization's assets are effectively managed to maximize their value, minimize risks, and align with the company's overall goals and objectives.
Job Responsibilities:
Identify, develop, and implement asset management strategies that align with the organization's overall goals and objectives opportunities for asset growth, diversification, and optimization.
Use management input, industry analysis/benchmarking, accounting, hotel financial analysis and computer modeling fundamentals to analyze operations, business plans, capital investments, sales & marketing plans, and strategic alternatives.
Review financial data and prepare monthly and annual reports. Gather relevant financial information to analyze results.
Formulate and make recommendations to the senior leadership for short and long-term strategic plans for the assets.
Keep current on all markets affecting the business 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 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 operating teams and third-party technical services consultants to execute and monitor each asset's short and long-term capital plans.
Prepare investment summaries and make recommendations for major expenditures.
Analyze and track of 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 leadership for all assets in the designated portfolio.
Ensure that proper controls are implemented for smooth operations while upholding governance.
Identify, develop, and assess risks associated with various assets, including financial, operational, and regulatory risks as well as mitigation strategies and policies.
Conduct financial analysis, including performance measurement, asset valuation, and forecasting.
Evaluate potential asset acquisitions and dispositions based on financial analysis and strategic objectives.
Ensure that all asset management activities comply with legal and regulatory requirements.
Prepare and present reports on asset performance and compliance to all stakeholders.
Develop maintenance and renewal plans for physical assets, such as real estate and equipment, to maximize their lifespan and value.
Implement cost-control measures to optimize asset-related expenses, including maintenance, insurance, and taxes.
Identify opportunities for process improvement, automation, and the adoption of best practices to enhance asset.
Job Knowledge & Skills:
Knowledge of Accounting budgetary, management principles, practices, and procedures.
Knowledge of regulatory environment and industry to develop and evaluate agency financial processes and controls.
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data. Extensive experience in management accounting using large integrated financial accounting systems, data analysis, and costing systems.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience:
Minimum 12 years of total experience
6 years in a similar position or managerial role
Minimum 4 years in GCC (Preferred)