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Senior Manager - Asset Management

Wasael Property Management

Job Purpose

Lead and oversee asset management operations, including strategic planning, financial management, contract management, and asset performance optimization. Ensure delivery of high-quality facilities management services aligned with client expectations, leveraging data, technology, and industry best practices.

Key Responsibilities

Leadership & Strategy

  • Lead asset management, contracts, and finance teams to deliver optimal asset performance and value.

  • Develop and execute asset management strategies, budgets, and performance plans across multiple locations.

  • Drive continuous improvement initiatives and innovation within asset management practices.

  • Ensure compliance with company policies, client requirements, and HSE standards.

  • Collaborate with senior leadership and clients to enhance asset management and contracting models.

Asset Management

  • Develop and implement asset management strategies aligned with ISO 55000 standards.

  • Establish and maintain asset registers and lifecycle management plans (20–30 year horizon).

  • Drive performance optimization and cost efficiency of physical assets.

  • Promote best practices and knowledge sharing across facilities management teams.

Operational Planning (Opex & Capex)

  • Lead development of 3–5 year operational and capital expenditure plans.

  • Oversee annual FM planning and service delivery performance.

  • Review maintenance strategies and ensure alignment with operational and contractual requirements.

  • Implement FM quality standards, policies, and procedures.

Financial Management & Contracts

  • Manage budgeting, forecasting, and financial reporting processes.

  • Analyze financial performance to support strategic decision-making.

  • Oversee contract management strategies for third-party service providers.

  • Ensure cost control and value optimization across FM operations.

Technology, Data & Systems

  • Lead implementation and optimization of FM technologies (e.g., CMMS, BMS, SCADA).

  • Manage asset data systems including BIM and CAD.

  • Ensure accuracy and governance of asset databases and documentation.

  • Drive data-driven insights and reporting to enhance asset performance.

Stakeholder Management

  • Act as the primary point of contact for asset management-related matters with clients.

  • Collaborate with internal teams, contractors, vendors, and government authorities.

  • Ensure alignment between operational teams and client expectations.

Qualifications & Experience

Education

  • Bachelor’s degree in Asset Management, Facilities Management, Property Management, Business Administration, Engineering, or related field.

Experience

  • Minimum 10+ years of experience in asset/facilities management.

  • Proven leadership experience in senior management roles.

  • Demonstrated success in asset strategy development, financial management, and operational delivery.

Technical Knowledge

  • Asset and facilities management principles

  • ISO standards (ISO 55000, ISO 9001, ISO 14001, ISO 45001)

  • FM systems (CMMS/CAFM, BMS, SCADA)

  • Contract and vendor management

  • Financial planning and performance management

Key Performance Areas

  • Delivery of asset management strategies and financial targets

  • Implementation of FM compliance and assurance programs

  • Accurate forecasting, reporting, and performance tracking

  • Optimization of asset lifecycle costs and service delivery

Key Challenges

  • Managing diverse asset portfolios with varying data quality

  • Ensuring compliance with ISO standards and UAE market expectations

  • Coordinating across multiple stakeholders and service providers

  • Driving value and performance in a complex FM environment

Vacancy posted 25 days ago
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