Development Management Associate Job in Kenya

Job Title: Associate – Development Management

Job purpose: To create ownership and investment opportunities in Real Estate 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

  • Lead all parts of the investment process, including conducting detailed market analysis, due diligence on pipeline projects, investment recommendations and updates and exit as follows:
  1. Originate joint venture opportunities so as to address the supply side of the business
  2. Assess the viability of prospective property developments and carry out due diligence for investment
  3. Coordinate market analysis for prospective property developments
  4. Identify and recommend optimal operational and funding structures for our projects
  5. Prepare and present project investment briefs for approval by management and Investment Committee
  6. Liaise with project management to ensure project designs meet market needs
  7. Open up new opportunities for property sales and mortgage sales for successful exit from developments
  8. Lead and coordinate tenant, buyer and off taker engagement
  9. Lead and coordinate successful exit from developments
  10. Regularly update all project stakeholders on project progress
  • Manage relationships between the company and its development partners
  • Maintain a network of prospective financers and investors in company properties
  • 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

Working Relationships

Internal: Peers, Division Head and GMs

External: Land owners, customers, service providers, institutional investors and off takers including SACCOs and Pension Funds, JV Partners, investors

Dimensions

Funded and non-funded revenue contribution as per set targets

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 feel you meet the aforementioned requirements, send your updated CV with email & telephone contacts of three professional referees and the application letter quoting current and expected income.

Have the Title of the position as the subject of your application email and send it to hmwenje@newdawnwealth.com.

Applications should be received not later than August 24th, 2018.

Only short listed candidates will be contacted.

 



Job Summary:
Job Title
Job Category
Job Type
Company / Organization
Approx. Salary
Job Opening Date
Job Expiry Date
Job Details
Job Location
Nairobi

Nairobi, Kenya
N/A

Nairobi County

Kenya

Accounting and Finance, Business Administration & Management, Project Management

Updated: August 16, 2018 — 9:25 am
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