Waleed Almutairi, Director of Real Estate

Waleed Almutairi

Director of Real Estate

Rabiah & Nassar Group

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Engineering
Experience
17 years, 7 Months

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Work Experience

Total years of experience :17 years, 7 Months

Director of Real Estate at Rabiah & Nassar Group
  • Saudi Arabia - Riyadh
  • My current job since January 2018

• Continuous evaluation and execution of real estate management strategy and annual Key Performance Indicators for real estate utilization.
• Manage and utilize internal resources in order to pursue business opportunities and to maximize asset utilization to create value, revenue and profit. Maximizes net operating income, develops and manages annual lease revenue and expense budgets. Analyzes and evaluates property proposals and reports.
Building relationships with prospective clients.
• Identify, develop, prioritize and recommend opportunities; plan and execute these strategies
• Developing both short & long term plans along with diversification strategies.
• Implementing several methods to analyze projects like SOWT, competitor’s analysis and sensitivity analysis.
• Direct and manage negotiations with purchasers, sellers and landlords.
• Financing projects & controlling master financial plans.
• Leading the teams to reach targeted business goals.
• Maintaining an extensive knowledge of current market conditions & stability.
• Review and improve facilities processes and procedures.
• Develop short and long-term facility operations and maintenance plans, including utility reduction programs, space planning, renovation projects and preventative maintenance plans.
• Developing key performance indicators metrics and analytical tools that effectively measure the operations of facilities.

Engineering & Constructions Manager at Rabiah & Nassar Group
  • Saudi Arabia - Riyadh
  • September 2014 to December 2017

Highlights:
• Instrumental in setting-up the Engineering & Construction Division from scratch in order to target commercial, hotels, hospitals, schools, residential buildings and transmission & distribution substations.
• Manage to implement SAP Project System to our projects and re-design the structure and configuration base on the best practice of monitoring and controlling each project.
• Joining the Strategic team as an executive member.
• Establishing processes, standards & procedures to reduce the project cost and minimize the risks.


Key Responsibilities:
• Formulating a strategic operational plan to advance the business' mission/ objectives as well as to make sure that projects meet delivery deadlines and are also in accordance with organization’s overall strategic & financial objectives.
• Efficiently designing the most optimal organizational structure and aligned staffing to business strategies in conjunction with various departments and the strategic goals of the company.
• Categorizing tasks for the organization and various departments for seamless functioning of activities leading to optimal growth chart of the organization.
• Managing the establishment of department goals, policies and procedures as well as division’s format in compliance with applicable rules, regulations & work requirements.
• Developing KPI (Key Performance Indication) for various division and departments along with designing job description for organization’s staff to enhance smooth execution of workflow.
• Recruits personally the key talents.
• Design succession plans for key talents and key job positions.
• Networking and negotiating with contractors and suppliers with respect to pricing, quality, deadlines and timely execution of day to day operations.
• Accountable for monitoring & controlling the projects, thus analyzing project progress and call up reports by means of SAP & Smartsheet to ensure smooth functioning.
• Proactively participating in project progress review meetings with customers, suppliers, consultant and subcontractors, thus ensuring procedural adherence, resolving unexpected technical difficulties, identifying bottlenecks and providing effective solutions.
• Actively involved in reviewing & approving PO’s & Contracts in SAP as well as tender documents.
• Evaluating latest/most innovative modern management and coordination technologies to save time and cost of operation expenses as well as to help organization achieve established goals in an efficient and effective manner.
• Ascertaining ongoing excellence, rigorous program evaluation and consistent quality of finance, administration & systems, consequently suggesting the timelines and resources required to achieve organizational goals and objectives.
• Facilitates the management team to bring best solutions for employees.

Projects Manager at ABB Contracting
  • Saudi Arabia - Riyadh
  • May 2009 to January 2014

Worked as Projects Manager.

Key Projects to Credit:
• New Transmission Substation 132/33/13.8kV (AlRass SS).
• Reinforcement of Existing 4 Transmission Substations Project 132 kV with National Grid SA.
• Reinforcement of Existing 12 Transmission Substations Project 132kV, 33kV & 13.8kV.
• Increase the profit margin by more than 10%.

Key Responsibilities:
• Holding design review meetings with consultants, customers, suppliers and subcontractors.
• Reviewing and approving designs, drawings & calculations produced by design consultant sub-suppliers and getting approval from customer.
• Developed overall work plan for all projects to ensure that the work is assigned and completed within the given time frame without compromising on quality.
• Prepared schedules and milestones, monitored progress against established schedules, checked for variations and proposed suitable modifications to avoid time/ cost overruns.
• Preparing cost estimation, budgeting, forecasting, project cash flow and invoicing plan.
• Ensured optimal usage of all resources as per schedule and within budgeted overheads.
• Enforced budgetary guidelines and efficiently organized project utilities to meet agreed deadlines.
• Identified project goals and scope, including associated risks and accordingly developed a structured approach to complete the projects in the allotted time.
• Analyzed BOQs and initiated PO in SAP, thereby fostered clear channels of communication with stakeholders to make sure that the projects are managed to meet quality, schedule & profitability objectives.
• Created project implementation plans, project schedules, assigned tasks to team members for on-time delivery of client deliverables, ensuring accurate estimates are prepared for maintenance, enhancement and development work.
• Led project reviews to define critical success factors for specific projects and developed strategies/ tactics to achieve them while mitigating project risks.
• Analyzed project deficiencies prior to final evaluation to implement corrective measures for smooth functioning and completion of project within specified time/budget and cash flow goals.
• Scrutinized, tracked and reported project status/ progress to senior management, thus recommended various solutions to improve quality and efficiency of the projects.

Power Transmission Engineer at Saudi Electricity Company
  • Saudi Arabia - Riyadh
  • March 2006 to May 2009

Highlights:
• Effectively functioned as Section Head and Emergency Engineer as well as Group Leader of 6 Electricians and 2 Engineers.

Key Responsibilities:
• Instrumental in reviewing designs of power transformer and inspection & test plan (ITP) to enhance the quality/ effectiveness of strategic goals and operational efficiency.
• Actively contributed in power transformer factory test (FAT) to accomplish greater operational efficiency, thus ensuring strict adherence to applicable policies, procedures and standards.
• Responsible for maintaining power transformer rated up to 380kV and 500MVA, thus ascertained that all operational standards are adhered to.
• Prepared weekly maintenance schedule for preventive maintenance to assure smooth execution of day to day activities.
• Maintained inventory of spare parts, audited usage and authorized orders to ensure continual supply with minimal idle stock.
• Estimated labor, material and construction costs, thus drawing specifications for the purchase of materials and equipment.
• Kept abreast of new developments in power transmission and utilized the potential of the same to respond to the distinctive needs of the organization.

Previous Professional Experiences:
• 10 Weeks: Trainee Electrical Engineer with ABB Electrical Industries Company Limited, Riyadh - Saudi Arabia
• August 2003 - September 2003: Trainee Assistant Engineer with Al-Riyadh Company for Maintenance & Operation Limited, Riyadh - Saudi Arabia

Education

Bachelor's degree, Engineering
  • at King Saud University, College of Engineering
  • July 2005

Training Courses & Certifications: • 2nd December 2012 – 3rd December 2012: Time Management • 20th June 2011 – 22nd June 2011: Rapid Assessment & Recovery of Troubled Projects • 6th June 2011 – 8th June 2011: Six Sigma • 24th October 2010 – 27th October 2010: Finance for Non Finance Manager • Using Microsoft Project for Projects • 27th February 2010 – 2nd March 2010: PMP, Project Management Application Certificate • 31st October 2009 – 2nd November 2009: PMP, Project Leadership, Management and Communications Certificate • 3rd October 2009 – 6th October 2009: PMP, Project Planning, Analysis & Cost Control Certificate • 22nd November 2009 – 23rd November 2009: ABB Project Risk Management Certificate • 7th July 2009 – 8th July 2009: Project Safety Training in Riyadh • 10th November 2008 – 12th November 2008: The 4th GCC Cigre International Conference and 13th Exhibition for Electrical Equipment in Bahrain • 12th July 2008 – 14th July 2008: Creativity and Innovative Thinking • 1st December 2007 – 5th December 2007: Electrical Troubleshooting and Preventive Maintenance • 24th November 2007 – 26th November 2007: Effective Communication and Team Work • 11th November 2006 – 15th November 2006: Electrical Equipment and Control System Course in Al-Khobar • 2nd September 2006 – 4th September 2006: Self Management • 8th July 2006 – 19th July 2006: Power System Protection Training

Specialties & Skills

Solutions Development
Procurement
Project Management
Maintenance Management
Strategic Planning, Engineering & Construction Management, Project Management, Revenue Generation
Coordination & Development, Resolving Technical Issues, Business Development, Emerging Technologies
Training & Development, Project Profitability, Scheduling, Critical Path Management, Documentation
Power Transmission Engineering, Quality Assurance, Report Generation & Management Reporting
Leadership, Team Building, Motivation, Communication, Ability to work under pressure
Computer Related Skills: MS Office, SAP AutoCAD and MATLAB Program, C+ and Internet Usage
Analytical Ability, Critical Thinking, Decision Making and Problem Solving, Time Management
Project Constructability Reviews, Cost/ Time Estimation, Client & Supplier Contractual Negotiations
Client Relationship Management, Establishing Operational Plans & Goals, Designing Job Description
Consultancy Service, Driving Business Growth, Standardized Policies & Procedures, Risk Assessment

Languages

Arabic
Expert
English
Expert

Memberships

Saudi Council of Engineers
  • Consultant
  • August 2011