Manager - Commercial Asset Management

Shamal Holding; Dubai; On-site; AED 300,000 - 540,000; Full time

Job summary

Shamal Holding in Dubai seeks a Manager - Commercial Asset Management to lead performance monitoring and financial analysis across its F&B and hospitality assets. You will drive business plans, coordinate capex and budgets, and collaborate with hotel and F&B operators to enhance value.

You will build robust reporting, support growth initiatives, and provide market insights to senior leadership. The ideal candidate has 5–8 years in F&B operations, leasing or asset management and a relevant

Qualifications

• Bachelor's degree in F&B, Hospitality or Business Administration.
• Certification in F&B, hospitality analytics or asset management.
• 5 to 8 years of relevant experience in F&B operations, leasing and asset management.

Responsibilities

• Monitor and analyse BU and operator performance against targets.
• Coordinate capex and budget review processes.
• Support growth plans, site reviews, leases and business plans.
• Provide analysis to support sales, pricing and revenue optimization.
• Develop dashboards and portfolio reporting for reviews.
• Identify value enhancement opportunities and build business cases.

Skills

Asset management

Financial analysis

Budgeting

Stakeholder engagement

Performance reporting

Market research

Education

Bachelor's degree in F&B, Hospitality or Business Administration

Tools

Excel

Financial modeling

Job description

Shamal Holding is a diversified investment firm that cultivates the extraordinary. Born in Dubai, we curate a unique portfolio of extraordinary investments, experiences and assets to generate meaningful outcomes. The investments we make are strategically chosen and thoughtfully nurtured, mirroring Dubai’s ambition, spirit and energy. As a global investor, asset owner and developer we utilise our resources, know-how and connections, to deliver long-term value, wherever we operate. Our portfolio spans Lifestyle & Entertainment, Destinations, Real Estate, Hospitality, and F&B, including Skydive Dubai, Deep Dive Dubai, XDubai, Dubai Harbour, Kite Beach and more.

As Shamal Holding continues to grow, we’re in search of a Manager - Commercial Asset Management. The role supports execution of asset management activities across the F&B and hospitality portfolio through performance monitoring, financial analysis, business planning support, stakeholder engagement and implementation of approved initiatives.

You will also support day-to-day asset management activities, monitoring and analysing BU and operator performance against agreed targets, tracking adherence to approved growth plans and coordinating capex and budget review processes, in addition to providing support on special projects such as special studies, market research and evaluation of new opportunities.

• Supports improvement of F&B and hospitality portfolio performance through monitoring, analysis and follow-through of agreed actions, and coordinates routine performance review meetings with hotel and F&B management teams.
• Supports delivery of approved growth plans and expansion initiatives, coordinating review of sites, leases and business plans and providing recommendations.
• Provides analysis and recommendations to support sales, pricing and revenue optimisation decisions and measurable performance improvement against business plans.
• Investment and operating decisions are supported by robust benchmarking, financial analysis and current market intelligence for each hotel and market.
• Senior management receives accurate, timely monthly, quarterly and year-end performance reporting.
• Supports review, monitoring and tracking of operating budgets, capital budgets and marketing plans against approved targets.
• Supports cost optimisation and efficiency initiatives through improved asset management and hospitality systems, processes and practices.
• Supports development of short- and long-term strategic plans for hotel assets and self-owned businesses through market analysis, performance insights and business case preparation.
• Facilitates operating performance reviews and follows up agreed actions with business unit leadership teams on operating performance, annual business plans and longer-term strategy.
• Identifies value enhancement opportunities and develops supporting business cases for review and approval, tracking return on investment of approved projects.
• Special projects, market research and presentations are completed to agreed quality and deadlines.
• Outlet-level sales, same-store sales growth, covers, average check and restaurant profitability are monitored and analysed against agreed targets.
• Menu engineering, cost of sales, labour productivity and store benchmarking reviews are completed to identify commercial opportunities across the portfolio.
• Evaluation of new sites, leases, concepts and new store business cases is supported with commercial and financial assessment.
• Performance dashboards and portfolio reporting are developed and maintained for outlet-level and business reviews.
• Bachelor's degree in a relevant field such as F&B, Hospitality and business administration is required.
• Certification in F&B, hospitality analytics or asset management.
• 5 to 8 years of relevant experience related with F&B operations, leasing and asset management roles.

For more information about Shamal, please visit our LinkedIn page: https://www.linkedin.com/company/shamalholding/

Note:

Due to a high influx of profiles, only shortlisted candidates will be contacted.