Senior Associate - Asset Management

Majid Al Futtaim; Dubai; On-site; AED 156,000 - 223,000; Full time

Job summary

Majid Al Futtaim in Dubai, United Arab Emirates is seeking a Senior Associate - Asset Management to support hotel portfolio performance, governance, CAPEX coordination, and financial reporting.

The role requires coordinating operators, internal teams, and senior leadership while ensuring accurate reporting, budgets, approvals, and portfolio priorities across assets. Strong Excel/PowerPoint skills and hotel operations experience are essential.

Qualifications

• Bachelor's degree in Hospitality Management, Real Estate, Finance or related discipline.
• 2-5 years of relevant professional experience in hospitality or asset management.
• Strong ability to review hotel P&L, budgets, forecasts and CAPEX reports.

Responsibilities

• Coordinate portfolio reporting across Hotels, Enova, Offices, and stakeholders.
• Prepare dashboards, management packs, budget summaries, forecasts, and performance updates for leadership.
• Track portfolio priorities and deadlines with multiple stakeholders.
• Consolidate hotel performance data and support P&L analysis and budgeting.
• Coordinate CAPEX requests, approvals, and expenditure tracking.
• Maintain governance workflows and proper approvals across processes.
• Manage contract documentation and DocuSign workflows.
• Support procurement activities and vendor documentation.
• Monitor invoices, budget utilization, and financial reporting with finance teams.
• Assist with annual budgeting, forecast updates, and periodic reporting.
• Coordinate ESG and sustainability reporting with operators and internal teams.

Skills

Portfolio reporting

Dashboards

Budget coordination

Financial forecasting

Governance

DocuSign

Contract administration

Stakeholder management

Excel

PowerPoint

Education

Bachelor's degree in Hospitality Management

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

Senior Associate - Asset Management Job Snapshot

Role: Senior Associate - Asset Management

Location: Dubai, United Arab Emirates

Industry: Hospitality

Function: Property Management

Experience: 2-5 years

Job Type: Full-time

Position Overview Senior Associate - Asset Management in Dubai, United Arab Emirates is a Hospitality opportunity supporting hotel portfolio performance, asset governance, CAPEX coordination, financial reporting, sustainability initiatives, and executive decision-making. Majid Al Futtaim is hiring a commercially aware professional with hotel operations experience who can coordinate operators, internal teams, service partners, and senior leadership while maintaining accurate reporting, documentation, budgets, approvals, and portfolio priorities.

Job Details Country: United Arab Emirates City: Dubai Industry: Hospitality Function: Property Management Salary: 14000-20000 Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer. Gender: Any Candidate Nationality: Any Job Type: Full-time

Role Context

The Senior Associate - Asset Management acts as a central coordination point across hotel operators, Enova, office assets, internal departments, and senior leadership. The position combines hospitality asset management support with governance, financial coordination, executive administration, and stakeholder management. The role helps leadership maintain visibility over portfolio performance, operating priorities, budgets, CAPEX programs, compliance matters, and key deliverables. Accurate reporting and disciplined follow-up are essential because the position supports decisions affecting asset performance, investment priorities, operational efficiency, and long-term portfolio value.

Key Responsibilities

• Coordinate portfolio reporting across Hotels, Enova, Offices, and associated business stakeholders.
• Prepare dashboards, management packs, budget summaries, forecasts, and performance updates for leadership review.
• Track portfolio priorities, operational actions, outstanding deliverables, and agreed deadlines across multiple stakeholders.
• Consolidate hotel performance information and support analysis of Profit and Loss results, operating trends, and management priorities.
• Coordinate CAPEX requests, approvals, supporting documentation, and expenditure tracking.
• Maintain governance workflows and ensure required approvals progress through established internal processes.
• Manage DocuSign workflows and follow up on contracts, approvals, and documentation requiring executive authorization.
• Maintain accurate contracts, records, agreements, and portfolio documentation in accordance with governance standards.
• Support procurement activities and coordinate documentation relating to vendors, purchase requirements, and approvals.
• Monitor invoices, payment status, budget utilization, and financial reporting requirements with relevant finance teams.
• Assist with annual budgeting, forecast updates, and periodic financial reporting across assigned assets.
• Coordinate ESG and sustainability reporting and follow up on required data from operators, Enova, and internal stakeholders.
• Support compliance reviews, audits, Health and Safety initiatives, and related reporting requirements.
• Provide executive support to the Vice President, including calendar coordination, meeting preparation, travel arrangements, expenses, and presentations.
• Organize leadership meetings, prepare materials, record actions, and follow up with accountable stakeholders.
• Act as a liaison between hotel operators and corporate teams to maintain timely and effective communication.
• Coordinate with Enova and other service partners on asset performance, operational requirements, and agreed deliverables.
• Identify overdue actions, reporting gaps, or governance risks and **escalate** them appropriately.
• Maintain professional relationships across hotel operations, finance, procurement, sustainability, corporate functions, and senior management.

Ideal Profile

The preferred candidate should hold a bachelor 's degree in Hospitality Management, Real Estate, Finance, or a related discipline and have 2-5 years of relevant professional experience. Previous experience within the hotel industry is important, particularly exposure to hotel operations, ownership reporting, asset management support, or corporate hospitality functions. Candidates should understand fundamental asset management principles and be comfortable reviewing hotel Profit and Loss information, budgets, forecasts, CAPEX requirements, and performance reports. Strong executive administration and coordination skills are required, together with the ability to manage multiple stakeholders, maintain governance processes, organise documentation, and follow through on actions without losing attention to detail. The role also requires excellent communication, organization, time management, and problem-solving capabilities. Proficiency in Microsoft Excel and PowerPoint is essential.

Skills Set

• Hospitality asset management
• Hotel operations
• Hotel Profit and Loss analysis
• Portfolio reporting
• Asset performance monitoring
• Management dashboards
• Budget coordination
• Financial forecasting
• CAPEX coordination
• Governance management
• Approval workflows
• DocuSign
• Contract administration
• Document control
• Procurement coordination
• Invoice tracking
• Payment coordination
• Financial reporting
• ESG reporting
• Sustainability reporting
• Compliance coordination
• Audit support
• Health and Safety reporting
• Executive administration
• Calendar management
• Meeting coordination
• Stakeholder management
• Hotel operator coordination
• Microsoft Excel
• Microsoft PowerPoint
• Management presentations
• Action tracking

Why Join Us

Hospitality asset management offers broad exposure to operational performance, investment planning, financial oversight, sustainability, governance, and senior-level decision support. This position provides an opportunity to work across multiple assets while developing a deeper understanding of how hotel operations and corporate asset strategy come together. Majid Al Futtaim provides a platform for professionals to gain experience working with hotel operators, senior leadership, finance teams, service partners, and sustainability functions while contributing to the performance and long-term value of a significant regional portfolio.

About the Company

Majid Al Futtaim is a leading regional group operating across properties, retail, communities, hospitality, entertainment, and lifestyle businesses. Its diversified portfolio includes major destinations and operating assets across the Middle East, supported by specialist teams responsible for asset performance, governance, investment planning, sustainability, and long-term value creation.