Summary
Overview
Work History
Education
Skills
Personal Information
Certification
Skills
Timeline
Generic

Faisal AlRoumi

VP | GM | Exective Director | Asset Management
AlRiyadh

Summary

Dynamic, energetic and knowledgeable, with over 18 years of experience working in the real estate services industry. Possesses a detailed understanding of the full Property Management/Facility Management services scope and real estate development, having worked up from a junior level to Vice-President. Is overseeing a real estate portfolio of over SR 5 billion, and a department with over SR 550 million in revenues and approximately 250 employees. Strengths include strategy development, business and financial planning (including budgeting), bidding management, subcontracts/suppliers management, personnel management, business development, project/risk assessment and management, organizational restructuring and more.

Overview

18
18
years of professional experience
6
6
years of post-secondary education
6
6
Certifications
1
1
Language

Work History

Executive Director of Property Management

Abdullah Al-Othaim Investment Company
03.2023 - Current
  • Oversee all assets under management (12 Malls -GLA 760K SQM over the kingdom).
  • Present periodic reports/dashboards to Group CEO & Board Committee.
  • Oversee all department transactions (Rental collection, lease contracts management, units handover).
  • Oversee development of annual asset OPEX and CAPEX plans/budgets and obtaining required approvals.
  • Approving Tenant Mix Plan.
  • Approve lease contracts.
  • Approve contracts renewal plan
  • Approve annual rental collection plan.
  • Approve TOR% (Turn Over Rent) calculations.
  • Approving annual Rate card (Price Sr./SQM).
  • Monitor cascaded targets & KPI’s
  • Managing a revenue budget of approx. 650M Sr./Year.
  • Oversee client relations and negotiations.

VP of Property & Facility Management

Intimaa For RealEstate Services SEDCO Group
09.2018 - 03.2023
  • Established and managed the department budget (revenues, expenses, cash flows, etc.).
  • Oversee preparation of and provide approval for all reports and studies sent to clients, CEO, GCEO and Board members.
  • Established annual business development targets (including growth objectives)
  • Oversee all assets under management
  • Oversee the preparation of annual operations plans/targets (leasing, collections, contracts, maintenance, etc.) and obtain client approvals
  • Oversee development of annual asset OPEX and CAPEX plans/budgets and obtaining client approvals (owners, asset managers).
  • Approving RFPs including BOQ & specifications.
  • Approving proposals analysis and comparison/differentiation.
  • Development projects includes (reconfiguration, new tenant mix, high & best use)
  • Oversee overall development process (approvals, permits, design & construction)
  • Oversee preparation and provide approval of asset management plans (including development plans, leasing plans, tenant-mix plans, marketing plans, etc.) for existing and new AUM
  • Oversee preparation of and provide approvals for contractor/vendor RFP’s
  • Oversee preparation of and provide approvals for BOQs (Bill of Quantity), Scope of work and job/material specifications for all renovation projects.
  • Oversaw department budgeted revenues of SR 65M
  • AUM Rent Roll: SR 250M
  • Review and provide final approval of all lease contracts on behalf of clients
  • Review and provide final approval of all operating contracts (i.e. security, soft facilities services, etc)
  • Approve all contracts/proposals with new clients
  • Attend board meetings and present department performance results & KPI achievements.
  • Establish communications/relationship channels with key prospective tenants and clients
  • Oversee bank reconciliation for rent collections
  • Responsible for department P&L
  • Oversee legal action for collections of past-dues and non-performing contracts
  • Reports: 10 direct staff - 250 indirect staff.

AVP of Property & Facility Managenment

Intimaa Real Estate Services SEDCO GROUP
08.2014 - 09.2018

* Leading Portfolio Managers, Account Managers, Leasing Teams, Collecting Teams and Facility Managers.

* Oversees Leasing, Collection, Marketing, Facility Management operations, and Administrative Activities.

* Prepare Leasing Contract, FM subcontracts (Maintenance, Hospitality..etc).

* Oversees daily work order dispatching.

* setting up department target (leasing - Collecting - Maintenance)

* Setting up and distribute periodical Incentives.

* Oversees the annual market study for rent value.

* Oversees Best Use for the current assets.

* Oversees the periodical Reports - Analysis - KPI's.

* prepare and submit periodical reports, presentations and Dashboards to Higher management and owners

* Review and approve Annual operating budget, Leasing action plan, Collecting plan, Marketing of vacant units, annual Rent Value and Preventive Maintenance action plan (PPM), CAPEX Budget. Training Plan.

*Last record Realized Figures 99% Occupancy - 95% Collected from the Rent Value - 95% Assets Maintenance efficiency.

*Prepare annual operating expenditure (OPEX) for the assets and submitting it to owners for approval.

* Prepare annual Capital expenditure (CAPEX) for the assets and submitting it to owners for approval.

Facilities Manager

Intimaa real state services SEDCO Group
12.2008 - 07.2014
  • Under the maintenance management ( Maintenance Supervisors, Technicians, Warehouse, Purchasing, Doorkeepers Supervisor, Doorkeepers, Call Centers)
  • Duties and responsibilities :
  • Making the Action plan for the department in the beginning of the year which will clear the goals and commitments
  • Making the complete renovation plan (labor cost, material cost, working hours … etc) Managing the renovation projects which is running now by preparing the time plan (Gantt Chart), budget, labors cost and updating these information monthly
  • Cleared and systematic results are submitted in the monthly Maintenance report like (MTTF, Maint
  • Efficiency, labors Efficiency, Cost/W.O, P.M Wo Efficiency …
  • And many more)
  • Safety Condition for the Maintenance department is showed in the report (Quarterly submitted)
  • Maintenance Employee Cost and distribution on the real estate (Work Locations) (Quarterly submitted)
  • Maintenance Income (this income is Contracts for each property) comparing with the cost (like Employee, services Contract for each property)
  • Finally the operating Budget is 20M

Quality Control Manager

Eimar Arabia Real Estate Development Co
12.2008 - 01.2013
  • Issuing the ISO 9001:2008 in the management
  • Making internal audit for the whole departments
  • Updating the ISO Forums
  • Updating the Work instruction (WI) .

Maintenance Supervisor

Eimar Arabia For Estate Development Co
04.2007 - 12.2008
  • Responsible for Malls, hotels, residential Complexes by creating a technical team then the standby team
  • Set the Preventive Maintenance schedule every month then mentoring and following up the plan of PM each month
  • Other duties :
  • Selecting a sufficient contractor in for certain project
  • Selecting a suitable HVAC Systems, Water tanks, fire fighting system and Elevators
  • Inspection for static and rotating systems
  • Inspection about the safety of the tools, labors …..etc.

Engineer

LUBEREF 1
10.2006 - 03.2007
  • I used to work in reliability and condition mentoring as a trainee

Education

Bachelor's degree - Production Engineering And Mechanical System Design

King Abdul Aziz University
Jeddah Saudia Arabia
09.2000 - 09.2006

Skills

* Mermaid Resort - Jeddah City: Complete development for total of 55 villas including landscape and facilities, total development cost Sr 20M

Personal Information

Birth date: 27 April 1982

Nationality: Saudi Arabia

Residence Country: Saudi Arabia – Riyadh

Family Residence: Dubai, UAE

Certification

Methods of planning and follow up the implementation of maintenance work

Skills

Microsoft Office - Full Package

Several software for Property management (MS Dynamics, ORACLE and YARDI)

Pivot Tables and dashboard for data analysis.

Financial Modeling.


Timeline

Leadership Program by Cranfield University

10-2023

Executive Director of Property Management

Abdullah Al-Othaim Investment Company
03.2023 - Current

MINI MBA

09-2019

Cost Control and budgeting (workshop)

10-2018

VP of Property & Facility Management

Intimaa For RealEstate Services SEDCO Group
09.2018 - 03.2023

Risk Management

11-2014

AVP of Property & Facility Managenment

Intimaa Real Estate Services SEDCO GROUP
08.2014 - 09.2018

Fundamental of Facility Management

05-2014

Methods of planning and follow up the implementation of maintenance work

03-2014

Facilities Manager

Intimaa real state services SEDCO Group
12.2008 - 07.2014

Quality Control Manager

Eimar Arabia Real Estate Development Co
12.2008 - 01.2013

Maintenance Supervisor

Eimar Arabia For Estate Development Co
04.2007 - 12.2008

Engineer

LUBEREF 1
10.2006 - 03.2007

Bachelor's degree - Production Engineering And Mechanical System Design

King Abdul Aziz University
09.2000 - 09.2006
Faisal AlRoumiVP | GM | Exective Director | Asset Management