Sr. Manager Asset Mgt.
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Saudi Arabia |
Job Description
About the Role
Kidana Development Company is seeking a Sr. Manager - Asset Mgt. to lead asset optimization and lifecycle management across its portfolio. This full-time role involves establishing asset performance frameworks, driving data-led decision-making, and ensuring governance, compliance, and operational alignment. The Sr. Manager will steer strategic initiatives to maximize asset efficiency, service quality, and financial returns, while maintaining high integrity of asset records and controls.
Key Responsibilities
- Define and execute portfolio-level asset optimization initiatives to improve utilization, performance, and ROI.
- Establish performance benchmarks and targets for key asset classes; monitor results and drive corrective actions.
- Own asset performance dashboards and KPI governance (financial, operational, condition, utilization).
- Analyze trends and variances, translate insights into business cases, and recommend investment, repositioning, or disposal actions.
- Lead lifecycle planning, including asset condition assessments, renewal strategies, CAPEX prioritization, and lifecycle cost optimization.
- Approve and oversee physical audits and inspections, ensuring audit quality and timely closure of findings.
- Ensure full compliance with applicable regulatory, operational, and internal governance frameworks.
- Implement controls to maintain accurate asset registers, documentation integrity, and audit readiness.
- Partner with Leasing, O&M, Projects, Finance, HSSE, and relevant authorities to align asset plans with operational realities and development priorities.
- Present asset performance insights and recommendations to leadership and committees; support strategic decision-making.
Leadership Accountabilities
- Lead workforce planning, staffing strategies, and departmental budgeting to ensure alignment with Kidana’s growth plans.
- Establish KPIs and targets for team members, conduct regular performance reviews, and promote accountability.
- Direct the identification of talent for pivotal roles in coordination with the Human Capital Department from a succession management standpoint.
- Resolve internal conflicts promptly to maintain a collaborative and productive team environment.
Qualifications and Experience
- A minimum of 10 years of relevant experience in asset management.
Work Type
This is a full-time position.
Application Process
Salary for this position will be disclosed during the interview process.
Requirements
- Requires +10 Years experience
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