Director - Asset Management | Real Estate | Doha Festival City

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions – automotive, financial services, real estate, retail and healthcare – and employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al‑Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al‑Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate. By upholding our values of respect, excellence, collaboration and integrity, Al‑Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview Of The Role

Responsible for the day‑to‑day management of Doha Festival City Mall, ensuring operational excellence, financial performance, and superior guest experience. The role oversees retailer relations, revenue generation, asset management, budgeting, and business planning, while leading on‑site teams and coordinating specialty leasing and concierge programs. The ideal candidate will drive operational efficiency, stakeholder engagement, and income growth, maintaining the mall’s physical integrity and enhancing its overall value by maximizing Net Operating Income (NOI) in line with revenue and expenditure targets.

What You Will Do

Financial Performance

• Prepare annual Retail Operations budgets covering capital, manpower, OPEX, and income forecasts.
• Submit budget projections to the Board of Directors for review and approval.
• Regularly review financial performance and take corrective actions for negative variances.
• Use past experience, team input, and market trends to forecast revenue and expenditure accurately.
• Identify potential financial risks and report findings to the Board of Directors.
• Ensure tight management of debtors and consistent delivery of EBITDA targets.
• Develop and maintain a comprehensive service charge (S / C) budget and matrix.
• Ensure all operational expenditures are recoverable from tenants and audited annually as per international standards.
• Assist in preparing and reviewing monthly and annual financial reports.
• Support re‑forecasting, P&L analysis, lease abstracting, and budgeting activities.
• Assist in the collection of monthly receivables as required by the Senior General Manager.
• Oversee asset condition and maintenance programs to maximize lifecycle and salvage value.

Marketing

Operational Excellence

Human Resource Management

Report Presentation

Required Skills To Be Successful

What Equips You For The Rol

About Al-Futtaim Malls

Al-Futtaim Malls provides development and asset management expertise, specializing in building retail‑led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al‑Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers. Part of the Al‑Futtaim Group, Al‑Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, from a shopper’s point of view and as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al‑Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco.

Leveraging on the expertise of its parent company, Al‑Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al‑Futtaim Mall’s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long‑term value for its partners.

For more information on Al‑Futtaim Malls, please visit

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