Development Management Associate Job in Kenya

Job Vacancy: Associate – Development Management

Job Purpose: To create ownership and investment opportunities in Real Estate for VAC by opening up new real estate development frontiers, locally and regionally, across various customer segments so as to ensure continuous delivery of quality, affordable environmentally sensitive and customer specific real estate and in turn grow the company’s income basket.

Principal Accountabilities

  • Support VAC’s Real Estate Development strategy aimed at providing residential and commercial developments to identified market segments
  • Identify and assess the viability of prospective property developments with the aim of carrying out due diligence for investment by VAC
  • Identify joint venture opportunities so as to address the supply side of the business
  • Open up new opportunities for property sales and mortgage sales opportunities
  • Manage relationships between VAC and its development partners
  • Identify and recommend optimal operational and funding structures for VAC projects
  • Maintain a network of prospective financers and investors in VAC properties
  • Prepare project investment briefs for approval by VAC management and Board
  • Advise the management of trends in the Real Estate sector in support of the company’s strategy
  • Seek out various alternative building technologies so as to provide environmentally friendly and affordable building solutions

Expected Minimum Qualification

Education: Degree in commerce/Finance, Real Estate, building related studies and/ or a project management qualification e.g. Prince 2 or PMP. Comprehensive understanding of project analysis and financial models is mandatory. An appreciation of financial reporting will be an added advantage.

Experience: Minimum of 3 years prior experience in originating and structuring large property development projects. Experience in evaluating equity and mezzanine investments in Real Estate projects will be distinct advantage.

Technical and General Competencies:

  • Possess very good report writing skills
  • Should have a strong appreciation of the contemporary and technical issues in the real estate sector/construction industry
  • Ability to structure real estate transactions using financial models and create investment cases for approval by management and board of directors
  • Strong communication skills, both verbal and written as well as strong interpersonal skills
  • Should have excellent presentation skills
  • Abreast with the change of the regulatory environment
  • Should be innovative possess business acumen and financial skills
  • Experience in engaging with external stakeholders or policy makers in some professional capacity; applicants with experience in the property industry are encouraged to apply
  • Computer skills including thorough knowledge of Microsoft word, Excel, PowerPoint, Internet/Email
  • Leadership and management skills; proven ability to lead projects and teams to achieve results and to meet or surpass objectives
  • High level of attention to detail and proven organization skills

How to Apply

If you are innovative, self-driven and results-oriented individual and you MEET the above requirements, please send your application letter, detailed C.V together with copies of your relevant academic/professional certificates to not later than 27th July 2018.

The subject of your mail should be ‘ASSOCIATE – DEVELOPMENT MANAGEMENT’

Only shortlisted candidates will be contacted

Job Summary:
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Approx. Salary
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Job Location

Nairobi, Kenya

Nairobi County


Accounting and Finance, Business Administration & Management, Engineering and Technical, Project Management

Updated: July 19, 2018 — 7:12 pm
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