Eligibility / Qualification Required:

Be the change. Join the world’s most visionary developer.
Red Sea Global (RSG) is showing that there is a better way to positively shape the places we live, work and travel.
We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.
Join RSG and be part of the positive change for Saudi Arabia and the world.
Job Purpose:
• Senior Manager - Asset Management will play a pivotal role in supporting the performance management and strategic direction of the hospitality and real estate portfolio.
• Building on strong analytical and reporting capabilities, the role takes ownership of specific assets and workstreams, delivering in?depth financial analysis, performance reviews, and actionable recommendations to enhance asset value.
• The Senior Manager also supports the Director in contract negotiations, performance oversight, and value?creation initiatives across the portfolio
Job Responsibilities:
Financial Analysis & Reporting
• Lead financial analysis including cash flow modeling, ROI calculations, capital project evaluations, scenario testing, and valuation updates.
• Prepare high?quality monthly, quarterly, and annual reporting packages for senior management, Boards, and JV partners.
• Develop portfolio dashboards, business intelligence tools, and automated reporting templates to improve accuracy, insight, and efficiency.
• Track CapEx projects, monitor cost plans, and support the prioritization of owner investments.
Market Research & Benchmarking
• Conduct market and competitive benchmarking across key destinations, operators, brands, and new developments.
• Maintain a detailed view of tourism trends, brand performance indicators, and pipeline developments relevant to the portfolio.
• Provide insights that inform rate strategy, distribution optimization, F&B repositioning, and operational efficiency initiatives.
Portfolio & Performance Management
• Oversee day?to?day performance of a defined portfolio of hotel assets, ensuring alignment with owner objectives and HMA requirements.
• Review and challenge monthly operator reporting, including budgets, forecasts, variance analyses, balanced scorecards, STR results, GOP targets, and departmental performance.
• Identify risks, performance gaps, and value?enhancement opportunities across the portfolio, proposing and tracking corrective actions.
• Support pre?opening and opening oversight for assigned assets, where applicable.
• Support Monthly Business Reviews (MBRs) by preparing detailed performance analyses, consolidating operator reports, highlighting variances and risks, and proposing actionable insights; participate in MBRs with the Director and operators, ensuring follow?up actions are tracked and delivered.
Operator & Stakeholder Engagement
• Build constructive, professional relationships with hotel operators to ensure alignment, transparency, and accountability.
• Represent ownership in performance reviews, budget meetings, CapEx discussions, and commercial deep?dives.
• Coordinate with internal teams (Finance, Legal, Technical Services, Feasibility, Development) to ensure integrated communication and strategic alignment.
• Manage external consultants (hospitality advisors, appraisers, legal, technical) to secure timely, high?quality deliverables that support asset and portfolio objectives.
Strategic Initiatives & Growth
• Contribute analytical support and market insight to strategic initiatives, feasibility assessments, and value?creation projects across the portfolio.
• Support long?term portfolio planning, including repositioning opportunities, capital deployment priorities, and exit or hold recommendations.

Requirements:

Qualification and Experience:
• Bachelor’s degree in Finance, Hospitality, Real Estate, Economics, or Business Administration; a Master’s degree is preferred.
• 5–8 years of experience in hotel asset management, hospitality consulting, hotel operations leadership (e.g., DOF, Director of Revenue, Director of Operations), or real estate investment.
• Strong financial modeling capabilities including forecasting, capital planning, and sensitivity scenarios.
• Solid understanding of HMAs, operator reporting, revenue management, and core hospitality KPIs.
• Experience within luxury or upper?upscale hospitality environments is preferred
Skills:
• Strong communication and interpersonal abilities, with the capacity to influence operators and senior stakeholders.
• Proven ability to manage multiple assets and deadlines in a fast?paced environment.
• High level of professionalism, resilience, and sound judgment.
• Strong PowerPoint and Excel proficiency; experience with Power BI or other BI tools is preferred.
• Ability to mentor junior team members and support team capability building.
Job Context:
• Operates in a demanding environment, managing multiple assets simultaneously.
• Handles confidential financial data and operator performance information with integrity.
• Navigates diverse stakeholder requirements, including operators, consultants, and lenders.
• Supports presentations and reporting requirements for senior leadership and external investors.

How to Apply:

Apply through the official GulfTalent page.
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