Senior Director - Racecourse Assets
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Key skills for this role
About the Role
We are seeking a Senior Director - Racecourse Assets to lead owner-side asset management for a major equestrian and racecourse development. The role involves strategic leadership, operator performance monitoring, financial oversight, and customer experience management.
Key Skills for This Role
Responsibilities
- Lead the owner side asset management strategy for the equestrian racecourse asset
- Define strategic objectives, commercial frameworks, and operating principles for race days and events
- Support operator selection, business plan challenge, and operating model development
- Build and maintain relationships with internal stakeholders, operators, and partners
- Oversee operator performance against contractual obligations, KPIs, and SLAs
- Establish and monitor performance dashboards covering revenue, profitability, and customer experience
- Review and challenge operator business plans, budgets, and forecasts
- Drive achievement of financial targets and identify value enhancement initiatives
- Champion best in class customer experience across race days and events
- Build and lead a high performing owner side asset management team
Requirements
- Experience in asset management, preferably in equestrian or sports venues
- Strong strategic leadership and stakeholder management skills
- Experience with contract management and operator performance monitoring
- Financial acumen including budget review and forecasting
- Ability to drive customer experience excellence
Full Job Posting
Role Overview
- As part of Qiddiya City's development pipeline, Qiddiya Investment Company is advancing a major equestrian and racecourse offering expected to become a flagship sports and lifestyle asset within the destination.
- The Executive Director will work across Strategy, Development, Finance, Operational Readiness, Commercial, and third party operators to optimise performance, govern operator delivery, and ensure QIC retains control over revenue strategy, programming, customer experience, partnerships, brand position
Key Responsibilities
- Lead the owner side asset management strategy for the equestrian racecourse asset in alignment with QIC's objectives, pre opening priorities, and long term value creation agenda.
- Define strategic objectives, commercial frameworks, and operating principles for race days, equestrian events, training, hospitality, ancillary activation, and non event utilisation.
- Support operator selection, business plan challenge, and operating model development to ensure QIC retains decision making authority over key commercial, customer, and brand levers.
- Build and maintain effective relationships with internal stakeholders, third party operators, advisors, governing bodies, event promoters, and commercial partners.
- Act as the key owner side point of contact on operational, commercial, and asset performance matters for the equestrian racecourse asset.
- Ensure strong collaboration across Development, Strategy, Finance, and Operational Readiness to integrate asset management requirements through design, mobilisation, and pre opening.
- Oversee operator performance for the equestrian racecourse asset, ensuring delivery against contractual obligations, KPIs, SLAs, and QIC strategic objectives.
- Establish and monitor performance dashboards covering revenue, profitability, utilisation, attendance, race day delivery, customer experience, equine welfare, safety, compliance, and readiness milestones.
- Lead regular performance reviews, audits, and corrective action plans to drive continuous improvement and protect long term value.
- Review and challenge operator business plans, budgets, and forecasts to ensure commercial robustness and alignment with owner expectations.
- Drive achievement of financial targets, with a focus on sustainable revenue growth, EBITDA delivery, and efficient asset utilisation.
- Analyse operating data and financial results to identify upside opportunities, performance risks, and value enhancement initiatives.
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