Vice President Asset Management (Commercial)

Aldar Academies; Abu Dhabi; On-site; AED 420,000 - 780,000; Full time

Job summary

Aldar Academies in Abu Dhabi seeks a Senior Asset Manager to lead the strategic management of its commercial assets, maximizing portfolio value, optimizing financial performance, and enhancing tenant experience.

You will drive leasing strategies, oversee capital investment, governance of service providers, and coordinate with Development, Legal, Finance and Operations to deliver projects and asset handover.

Qualifications

• Bachelor degree in Engineering, Economics, Finance or Accounting; MBA/ CFA/CPA preferred.
• Strong analytical and quantitative skills with financial modeling experience.
• Ability to prepare Board level papers and investment memoranda.

Responsibilities

• Lead strategic management of assets and portfolio performance.
• Develop and implement asset strategies to maximize long‑term value.
• Drive leasing strategies to optimize occupancy and rent growth.
• Oversee CAPEX, asset enhancements, and capital recycling initiatives.
• Coordinate with Development, Legal, Finance and Operations for project delivery.
• Prepare financial reporting, budgets, and investment analysis for decisions.

Skills

Analytical skills

Advanced Excel

Financial modeling

MS Office

Board papers

Education

Bachelor degree in Engineering, Economics, Finance or Accounting

MBA (Finance)

CFA

CA or CPA

Tools

MS Excel

MS Office

Job description

Job Purpose

Lead the strategic management of Aldar's assigned commercial assets to maximize portfolio value, optimize financial performance, and enhance customer experience. Drive asset performance through leasing strategy, capital investment, service provider governance, sustainability initiatives, and cross-functional collaboration while supporting Aldar's long-term investment objectives.

The role is for the UAE national

Roles And Responsibilities

• Strategic Asset & Portfolio Management
• Develop and implement asset strategies to maximize long-term value and portfolio performance.
• Drive portfolio optimization through asset repositioning, enhancement, and capital recycling initiatives.
• Monitor market trends and asset performance to support strategic decision-making.
• Financial Performance & Capital Management
• Manage portfolio financial performance, including NOI, occupancy, yield, valuation, and total return.
• Identify value creation opportunities and oversee annual business planning, budgeting, and financial reporting.
• Support investment decisions through financial analysis and performance insights.
• Leasing, Commercialisation & Tenant Experience
• Lead leasing strategies to maximize occupancy, rental growth, and tenant retention.
• Identify commercialisation opportunities and oversee tenant engagement initiatives to improve customer satisfaction and NPS.
• Review key leasing transactions and ensure alignment with portfolio objectives.
• Asset Enhancement & Development Coordination
• Lead asset enhancement programmes and CAPEX initiatives to improve asset performance and customer experience.
• Coordinate with Development, Legal, Finance, and Operations to ensure successful project delivery and asset handover.
• Monitor post-completion performance against approved business cases.
• Service Provider Governance
• Oversee the performance of Property and Facilities Management service providers through agreed SLAs, KPIs, and governance frameworks.
• Drive continuous improvement, operational excellence, and cost optimization across the portfolio.
• Stakeholder & Portfolio Collaboration
• Partner with internal business units, including Development, Finance, Legal, Retail, Hospitality, and Education, to deliver integrated portfolio initiatives.
• Build and maintain effective relationships with tenants, brokers, consultants, contractors, and external stakeholders.

Related Years Of Experience

Min of 10+ years of at least 5 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory or other related field.

YOE IN MANAGERIAL POSITION

Min of 2+ years in a related managerial position

Field Of Experience

Banking, real estate consultancy, management consultancy.

Technical And Interpersonal Skills

• Outstanding analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.
• Proven track record in conducting valuation / financial models.
• Able to analyze, evaluate and move quickly to support rapid decision making.
• Ability to interpret and manage transaction documentation: NDAs, MoUs, LoI's, and SPA's
• Ability to develop Board level papers and investment memoranda.

QUALIFICATION

Bachelor Degree in Engineering, Economics, Finance or Accounting, MBA (Finance), CFA, CA or CPA preferred.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.