Senior Manager, Property & Asset Performance

Asteco; Abu Dhabi Emirate; On-site; AED 600,000 - 1,200,000; Full time

Job summary

Asteco is seeking a Senior Manager – Property & Asset Management to lead the operational and financial performance of assigned property portfolios in the UAE. The role ensures asset efficiency, revenue protection, and high service standards while guiding teams to deliver a customer-focused property management experience.

The Senior Manager bridges strategic objectives with on-ground execution, ensuring governance, lease management, budget control, and stakeholder satisfaction across Grade A

Qualifications

• Bachelor's degree in real estate, Business Administration, or a related discipline.
• RICS or other professional governing body membership preferred.
• Minimum 10–12 years’ progressive experience in property and asset management with onsite leadership responsibility.
• Strong commercial and financial management skills including service charge budgeting experience.
• Onsite experience managing large Grade A offices and familiarity with UAE market practices.

Responsibilities

• Deliver revenue, accounts receivable, and cost control targets across assigned portfolios.
• Monitor rent collection performance, outstanding balances, waivers, and recovery actions.
• Monitor vacancies, days on market, and unit readiness to optimise asset performance.
• Contribute to annual budget, business planning, service charge preparation and forecasts, and report deviations with corrective plans.
• Identify opportunities for financial performance improvement including lease renewal/regearing.
• Ensure consistent, high-quality service delivery across all managed properties.
• Build key client relationships and handle senior-level escalations with solutions-based closure.
• Review customer satisfaction feedback and drive corrective and preventive actions.
• Lead initiatives that enhance resident and owner journeys.
• Ensure strong operational governance in line with SOPs, KPIs, and regulatory requirements.
• Oversee lease management, renewals, compliance tracking, and documentation accuracy.
• Review operational reports: Outstanding rents, security deposits, vacant units, service charge collection, and unposted receipts.
• Escalate high-risk matters with clear recommendations and identify opportunities for operational performance improvement.
• Oversee onsite facilities management and contribute to monthly performance reviews.
• Lead, coach, and develop Managers, Supervisors, and site teams; set performance expectations.
• Support succession planning, talent development, and performance improvement initiatives.
• Promote collaboration and accountability across teams.
• Identify opportunities to improve processes, controls, and service delivery; support change initiatives and risk mitigation.
• Comply with Colliers Quality Policy, HSE procedures, AD ESHMS regulations, and UAE laws; promote a safety culture.

Skills

Property management

Financial management

Leadership

Stakeholder management

Budgeting

HSE compliance

Contract management

Education

Bachelor's degree in real estate

RICS membership preferred

Job description

Asteco is seeking a Senior Manager – Property & Asset Management to lead the operational and financial performance of assigned property portfolios in the UAE. The role ensures asset efficiency, revenue protection, and high service standards while guiding teams to deliver a customer-focused property management experience.

The Senior Manager bridges strategic objectives with on-ground execution, ensuring governance, lease management, budget control, and stakeholder satisfaction across Grade A