General Manager

Lootah Holding LLC; Dubai; On-site; AED 300,000 - 400,000; Full time

Job description

Overview – Property Management

Manage all aspects of assigned properties. Develop a strategy and business plans to maximize revenue from our properties, aligned with our company vision and growth plans. Develop and manage annual budgets by forecasting requirements and analysing variances, data, and trends.

Responsibilities – Property Management

• Accomplish financial goals and report periodically on financial performance of LRED.
• Negotiate lease terms and rental values with prospective tenants.
• Acting as communication between Board of directors / Holding and the company.
• Advertising and market vacant spaces to attract tenants.
• Collect receivable accounts and handle operating expenses.
• Handle late payments in a timely manner.
• Keep up to date with market trends and knowledge.
• Complete required reports including weekly, monthly, quarterly leasing, variance, and capital reporting.
• Attend management meetings as required and present routine reports, including activity reports, variance reports, property performance.
• Maintain property by addressing tenant complaints, completing repairs, contracting landscaping and enforcing rules of occupancy.
• Control and improve general maintenance and services.
• Negotiate relevant contracts with contractors in a timely and reliable manner.
• Inspect and arrange maintenance to meet quality standards.
• Coordinate maintenance schedule with maintenance contractors.
• Perform regular property visits, monitoring all on-going maintenance / construction projects performed by external contractors, including required insurance policies.
• Manage daily property requirements and maintain long-term capital improvements.
• Maintain a positive, productive relationship with tenants.
• Oversee properties’ personnel and assess their performance.
• Handle the team effectively to respond in emergency and crisis situations.
• Assist CEO in formulating and implementing development and expansion strategy.

Qualifications – Property Management

• Master’s or bachelor’s Degree in business Administration, finance, Accounts or marketing.
• Minimum 10 years’ managerial experience in Dubai.
• Project management professional certificate or Certified property manager
• Formal RERA Training
• Business and financial acumen related to real estate and property management.
• Negotiation and influencing skills.
• Knowledge of RERA regulations
• UAE driving license and own car is a plus.

Overview – Legal Affairs

Is responsible for the entire legal affairs and regulatory compliance of the organisation and its subsidiaries to ensure that legal and regulatory risks are managed effectively. Will report directly to the GCEO of the companies with a dotted reporting line to the Group General Counsel. Will manage all legal matters of the organisation and the provision of legal advice and support to the commercial team (on corporate, commercial, real estate and construction related matters) as well to the support functions (on labour, IT and general operational matters).

Responsibilities – Legal Affairs

• Provide timely advisory and drafting services with respect to a broad range of areas, such as (i) corporate matters (including group structures and company formations); (ii) general commercial matters (including service and consultancy agreements); (iii) real estate matters (including leases, sale and purchase agreements, development agreements for commercial, residential and mix used developments); (iv) construction matters (including RFPs, conditions of contract, letters of award, undertakings, bonds and guarantees); and (v) operational matters (such as labour law issues and IT matters).
• Developing legal templates for the organization for its day to day operations.
• Supporting the commercial team in the negotiation of all legal matters.
• Filing cases with the relevant authorities, managing external counsel and reporting internally with regards to all disputes (including debt collection).
• Designing and maintaining adequate policies and processes to mitigate legal risk.
• Maintaining a legal database and accurate records for the organization.
• Manage the establishment of companies domestically as well as internationally.

Qualifications – Legal Affairs

• A minimum of 5 to 8 years experience (with some private practice experience preferable) in Corporate, Commercial and Real Estate.
• Fluency in both Arabic and English is a must.
• Possess the right amount of gravitas and influence to ensure the organization’s adherence to applicable laws and regulations
• High degree of professional ethics and integrity.
• Effective organizational and self-management skills.
• Possess strong business acumen and result oriented.
• Ability to understand protocols and interact with different levels of regulatory authorities when necessary.
• Ability to interact with all levels of staff and management and provide accurate and concise advice.

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