Manager- Property Management

Bayut | dubizzle; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading real estate company in Riyadh is seeking a Manager – Property Management to oversee the end-to-end management of real estate projects. The role involves ensuring high operational performance, maximizing asset value, and maintaining tenant satisfaction. Ideal candidates should have 6–10 years of relevant experience and a Bachelor’s degree. The position offers opportunities for professional growth and includes comprehensive health insurance.

Benefits

Comprehensive Health Insurance

Rewards and recognition

Learning & Development

Qualifications

• 6–10 years of experience in property management, facilities management, or real estate operations (preferably in commercial or mixed-use assets).
• Strong knowledge of real estate operations, FM contracts, and vendor management.

Responsibilities

• Lead day-to-day property management operations across assigned real estate assets and projects.
• Ensure all properties are maintained to high standards across FM services, security, and cleaning.
• Conduct periodic site visits, inspections, and audits to identify issues and ensure corrective actions.
• Manage vendor performance and service-level agreements for facility services.
• Align with Recovery & Customer Service teams for project-level recoveries and financial tracking.

Skills

Excellent communication

Stakeholder management

Analytical mindset

Negotiation

Problem-solving

Multitasking

Education

Bachelor’s degree in business administration or related field

Job description

As Manager – Property Management, you will oversee the end-to-end management of assigned real estate projects, ensuring optimal operational performance, maximised asset value, efficient recovery processes, high levels of tenant satisfaction, and effective leasing and property marketing. You will require strong coordination with internal teams, service providers, and stakeholders to ensure seamless project operations, compliance, and financial efficiency.

KEY RESPONSIBILITIES

• Lead day-to-day property management operations across assigned real estate assets and projects.
• Ensure all properties are maintained to high standards, covering FM services, security, cleaning, utilities, and preventive maintenance.
• Conduct periodic site visits, inspections, and audits to identify issues and ensure corrective actions are implemented promptly.
• Manage vendor performance and service-level agreements (SLAs) for soft and hard facility services.
• Align closely with the Recovery & Customer Service teams to ensure accurate, timely project-level recoveries, tax collection, and related financial tracking.
• Oversee budgeting, forecasting, expenditure control, and operational expense management.
• Monitor rental income, utility recoveries, service charges, and tenant outstanding balances.
• Provide monthly statements to clients and track rental arrears.
• Coordinate with the Documentation and Inventory teams to ensure accurate project documentation, asset registers, and inventory tracking.
• Ensure all project documentation (contracts, NOCs, maintenance logs, compliance reports) is updated and properly archived.
• Ensure compliance with internal SOPs, legal requirements, municipal regulations, and health & safety guidelines.
• Handle tenancy contracts for both short-term and long-term rentals.
• Responsible for leasing residential and commercial units, including negotiations, price revisions, and ensuring listings are active and accurately priced.
• Conduct market analysis to optimise rental pricing and occupancy.
• Coordinate with external brokers and internal sales teams to accelerate the leasing cycle.
• Prepare units for resale, coordinate renovations, supervise furnishing, touch-ups, deep cleaning, and plan exit strategies for clients.
• Coordinate insurance renewals for properties.
• Develop and implement operational strategies that enhance the value of the property portfolio.
• Identify opportunities for optimisation, cost reduction, and better service delivery.
• Support new project launches, transitions, and operational readiness.

Qualifications

• Bachelor’s degree in business administration or related field.

Experience

• 6–10 years of experience in property management, facilities management, or real estate operations (preferably in commercial or mixed-use assets).

Knowledge

• Strong knowledge of real estate operations, FM contracts, and vendor management.

Skills

• Excellent communication and stakeholder management skills.
• Analytical mindset with proficiency in reporting tools and property management systems.

Traits

• Strong problem-solving, negotiation, and multitasking abilities
• High-performing and fast-paced work environment.
• Comprehensive Health Insurance
• Rewards and recognition
• Learning & Development

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Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.