Senior Executive, Real Estate

Malaysia Airlines Berhad; Kuala Lumpur; On-site; MYR 70,000 - 95,000; Full time

Job summary

A leading company in the aviation industry seeks a Real Estate Manager who will oversee contract and costs management related to properties. You will lead negotiations, conduct market research, and optimize operational processes to enhance property value while ensuring compliance and managing relationships with landlords. This role requires a Bachelor's degree and at least 3 years of relevant experience.

Qualifications

• Bachelor’s degree required in relevant fields.
• At least 3 years experience in contract and property management.
• Proficient in Microsoft Office, especially at intermediate to advanced level.

Responsibilities

• Lead MAG Real Estate functions including contract management and operational efficiency.
• Negotiate contracts and manage tenancy agreements.
• Prepare financial reports and manage budget transfers.

Skills

Communication

Negotiation

Analytical thinking

Process optimization

Education

Bachelor’s degree in Real Estate, Business Administration, Economics, Legal, or Accounting

Tools

Microsoft Office

Job description

Requisition ID22055 - Posted at Kuala Lumpur International Airport - FIN - Group Property - Group Finance

This role involves leading MAG Real Estate functions, including contract management, costs management, and daily operations. Responsibilities include tenancy renewal, contract negotiation, market research, risk analysis, and process optimization to enhance property portfolio value and operational efficiency. The role also involves project coordination for premises renovation and surrender, aligning with MAG's strategic objectives of Profitability, Customer Experience, Delivery MH, and People.

Key Responsibilities

Contract Management

• Review business unit requests for operating space and facilitate internal processes.
• Conduct site visits, assess terms, and determine space suitability and readiness.
• Negotiate contracts, financial terms, and review document readiness for tenancy agreements.
• Process space requests and coordinate with internal and external parties for term discussions.
• Manage pre- and post-tenancy matters, including key contract negotiations, formalization, and compliance enforcement.
• Serve as the key contact with landlords, maintaining professional relationships while protecting company interests against legal, financial, and operational risks.
• Handle administrative tasks such as property taxes, billing, rental deposits, bank guarantees, stamp duty, insurance, and other duties as assigned.

Costs Management

• Prepare financial reports, manage costs accruals, budget transfers, and rental payments.
• Negotiate rates and financial terms, seek rental relief, and review all rental costs for MAG and SISCO.
• Conduct rental market research and secure tenants for MAG-owned properties.
• Optimize space usage, organize surrender activities, and scrutinize final accounts and deposit refunds.

Qualifications & Experience

• Bachelor’s degree in Real Estate, Business Administration, Economics, Legal, Accounting, or related fields.
• At least 3 years of experience, preferably with a focus on process flow, reporting, and IT proficiency.

Personality Traits

• Creative and analytical mindset.
• Effective interpersonal and communication skills.
• Proficiency in Microsoft Office; intermediate to advanced level is advantageous.