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Real Estate Manager, Asset Management

Real Estate Manager, Asset Management

FlowRiyadh, Riyadh Region, Saudi Arabia
30+ days ago
Job description

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About The Company

Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.

Fulfilling our mission requires an exceptional team whose collective output exceeds individual contributions. Our team members are energized by the opportunity to impact residents’ lives positively. They are bold, creatively ambitious, uphold high standards, act with urgency and accountability, and operate with integrity, loyalty, and trust.

About The Role

  • We seek a detail-oriented and proactive Asset Manager to join our growing real estate team in Riyadh. This role is vital for the daily performance and long-term success of our real estate portfolio in Saudi Arabia.
  • The Asset Manager will collaborate closely with Flow’s Fund Managers, overseeing operational and financial aspects across the portfolio, including budgeting, financial modeling, capex planning, investor coordination, and performance reporting to ensure each property meets its investment objectives and aligns with Flow’s regional goals.
  • This position is suited for candidates with strong analytical skills, a collaborative mindset, and experience in real estate funds or asset management in Saudi Arabia or the broader MENA region.

Responsibilities

  • Primary contact with Flow’s fund managers for effective communication, reporting, and operational alignment.
  • Engage with property management and revenue teams to monitor performance metrics such as revenue, occupancy, and leasing activity, ensuring assets meet business plan targets.
  • Assist in preparing budgets, re-forecasts, and investment models; evaluate ROI on capex and leasing initiatives.
  • Review monthly financial reports for accountability and transparency, ensuring alignment with property management.
  • Maintain communication with investors, preparing updates, reports, and presentations.
  • Ensure compliance with CMA regulations across fund, asset, and corporate activities.
  • Manage lender relationships and ensure property compliance with loan agreements.
  • Develop cash flow projections and facilitate onboarding of new investments.
  • Oversee property tax and insurance strategies for the portfolio.

    • Ideal Background

  • Bachelor’s degree in Finance, Real Estate, Economics, or related fields.
  • 4-8 years of asset management experience with Class A multifamily and mixed-use assets, preferably in MENA.
  • Proficiency in cash flow modeling, sell / hold, and ROI analysis.
  • Experience with Fund Management structures preferred.
  • Support in transaction processes like acquisitions, financings, and dispositions.
  • Deep understanding of multifamily property financial reports and operations.
  • Excellent communication skills; fluency in English required, Arabic preferred.
  • Highly organized with exceptional attention to detail.

    • Why Join Flow?

  • Exciting growth opportunities in shaping Saudi Arabia’s residential landscape.
  • Dynamic, innovative, and tech-driven work environment.
  • Competitive compensation and benefits.
  • Opportunity to build a vibrant international community and redefine living standards.

    • If you possess the energy, talent, and work ethic for this role, we want to hear from you! Apply now and join Flow’s success story!

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    Manager Real Estate • Riyadh, Riyadh Region, Saudi Arabia