About the Role

[Company Name redacted by employer] in Dammam is looking for a Leasing and Real Estate Contract Management Specialist to join its team. This full-time role aims to maximize sustainable rental income for units and commercial spaces owned by the company, with a focus on increasing occupancy rates and minimizing vacancies. The role requires between two to five years of experience in a related field.

Key Duties and Responsibilities

• Inventory of leased and vacant units, and updating data on areas, locations, pricing, and the status of each unit.
• Marketing vacant units and attracting suitable tenants, and vetting the suitability of activities according to approved guidelines.
• Studying comparable rents and proposing rental prices, terms, and grace periods based on documented feasibility.
• Managing initial negotiations and submitting offers and recommendations to the authorized party.
• Coordinating with the Legal Department regarding the preparation, documentation, renewal, and termination of contracts through formal channels.
• Preparing a contract register that includes start and end dates, increases, renewals, guarantees, and early alerts.
• Coordinating with the Finance Department to follow up on dues and delinquencies, and managing and monitoring the designated platform or ERP system.
• Coordinating with the Operations and Maintenance Department to hand over and receive units, and addressing issues affecting occupancy.
• Submitting monthly reports on occupancy and vacancy, contractual revenues, expiring contracts, and potential risks.

Granted Authorities

• Marketing and communicating with potential clients.
• Showing commercial units available for lease.
• Conducting initial negotiations with tenants.
• Preparing recommendations related to leasing opportunities.

Contractual and Financial Approvals

Approval for prices, discounts, and grace periods, as well as the signing and termination of contracts, is subject to the authorized matrix of authorities within the company.

Internal Cooperation and Coordination

Coordination is conducted with the Finance Department regarding entries and collection, with the Legal Department for regulatory review and legal consultation, and with the Operations Department for maintenance and operational works.

Experience Requirements

• Practical experience ranging from two to five years in the field of leasing and real estate contract management.