Director - Asset Management - Commercial 50011443 - AG6
This position is no longer accepting applications (closed Oct 28, 2026).
Description
Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture, bringing together world-class hospitality, leisure, entertainment, and mixed-use assets within one of the Kingdom’s most ambitious developments.
The Director of Asset Management will play a key role in maximizing the commercial performance, value creation, and long-term returns of Qiddiya’s hospitality and real estate assets. Acting on behalf of the owner, the role will oversee business performance, strategic planning, operator management, financial outcomes, and asset optimization initiatives across the portfolio.
Working closely with operators, investors, development teams, and key stakeholders, the Director will drive revenue growth, profitability, asset enhancement opportunities, and value creation strategies while ensuring assets achieve both operational and financial objectives.
Applications will close on the 5th of Oct.
Key Responsibilities
- Develop and execute asset management strategies that maximize asset value, revenue growth, profitability, and return on investment.
- Monitor and analyze financial, operational, and commercial performance across the portfolio, identifying opportunities for improvement and value creation.
- Lead annual business plan reviews, budgeting processes, forecasting activities, and performance reporting.
- Review and challenge operator business plans, operating budgets, capital expenditure programs, and key performance indicators.
- Drive asset repositioning, enhancement, and optimization initiatives to improve commercial performance and guest experience.
- Conduct financial analysis, market benchmarking, and investment evaluations to support strategic decision-making.
- Build and manage relationships with operators, partners, investors, and internal stakeholders to align on asset objectives.
- Provide strategic recommendations on leasing, branding, operating models, and commercial opportunities.
- Support acquisition, divestment, and transaction activities through financial and commercial due diligence.
- Prepare investment and asset performance reports for senior leadership and executive stakeholders.
Requirements
- Bachelor’s degree in Real Estate, Finance, Business Administration, Hospitality Management, Economics, or a related discipline.
- 15+ years of experience in Asset Management, Hospitality Asset Management, Real Estate Investment, Hotel Ownership, or a related commercial discipline.
- Strong experience managing hospitality, mixed-use, commercial, or large-scale destination assets from an ownership perspective.
- Demonstrated expertise in business planning, budgeting, forecasting, financial analysis, and performance management.
- Experience reviewing operator business plans, operating budgets, capital expenditure programs, and asset performance metrics.
- Strong understanding of value creation strategies, asset optimization, market benchmarking, and investment evaluation.
- Experience within hospitality, entertainment, leisure, real estate, or large-scale destination developments is preferred.
- Relevant professional certifications such as CFA, CPA, CAIA, MRICS, or equivalent are preferred.
Skills
As published by workable · 18 questions · 1 written answer
Basics
First name, Last name, Email, Phone, Education, Experience, Summary, Resume
Short answers (6)
- Do you have any social media accounts such as Twitter, Facebook, LinkedIn, TikTok, YouTube or other platforms? If yes please share your usernames or links to you profiles:
- Current Location
- Date of Birth
- Expected Salary
- Current monthly salary
- Years of relevant experience
Pick from a list (11)
- Highest Education Level
- Do you, or any immediate family member or close personal associate, have any actual, potential, or perceived conflict of interest in relation to QIC, arising from personal relationships, financial interests, or external employment, business activities, or services, that could reasonably be perceived as influencing your independence, objectivity, or decision-making if employed by QIC?
- Are you currently or have you ever worked directly for PIF or one of its affiliated companies?
- Salutation
- Nationality Field
- Are you currently involved or working directly for Qiddiya either through a delivery partner or as a consultant?
- By proceeding, I acknowledge that I have read the Privacy Notice https://qiddiya.com/en/careers/career-privacy-notice/ and consent to the use of my personal data provided in my job application for the purpose of conducting the recruitment process with Qiddiya Investment Company. I confirm that all information submitted as part of my job application is complete, accurate, and true to the best of my knowledge. I understand that providing false, misleading, or incomplete information at any stage of the application or profile creation process may result in the rejection of my application. I further acknowledge and agree that Qiddiya Investment Company may verify the information I have provided, either directly or through authorized third parties.
- I hereby confirm that I have never had any criminal conviction, an arrest or charge for which I am currently on or awaiting trial
- Do you have experience managing complex assets such as hospitality, mixed-use, entertainment, real estate, or large-scale destinations?
- Have you led asset lifecycle planning, condition assessments, or capital investment (CAPEX) programs?
- 1. Which asset types have you primarily managed? (Select all that apply)
Written answers (1)
- Please provide a brief summary of your technical asset management experience and the types of assets you have managed.