Job Summary
- Assist in the development of Development & Delivery annual business plan, KPIs, budget, and policies and procedures
- Assist in the identification of opportunities by leveraging personal and professional network
- Lead IMDOP stages 1-4 and allocate Development Managers to various projects
- Ensure the development of high-level and detailed feasibility studies and financial models for all project opportunities
- Provide input to L4s regarding modeling techniques, assumptions, and inputs and oversee their training to improve their capabilities
- Ensure coordination between L3s and L4s of various departments for input into financial models and feasibility studies (incl.
- Marketing, Operations, Leasing, and Finance) for feasibility updates
- Review feasibility studies and communicate/ present attractive project and investment opportunities to the CEO, Development Committee, and Executive Committee
- Ensure regular updates of feasibility studies and financial models and communicate updated projections to Development & Delivery
- Oversee the development of pre-concepts, development briefs, and Asset Business Plans for greenfield project opportunities
- If required, perform allocation of Feasibility resources to Project Managers for additional analysis based on workloads
- Oversee the development of modeling tools, templates, and functionalities, in coordination with Development & Delivery
Skills
Education
- Bachelors degree in finance/accounting, or engineering, or economics or management
- MBA or equivalent is preferred
Experience
- 12+ years of development and feasibility experience in a leading property developer or asset manager, with a critical focus on the retail segment
- Deep exposure to KSA or GCC region and adjacent markets
- Experience in Retail Leasing or Mall management is preferred
Competencies
- Extensive experience in real estate feasibility studies and investment analysis
- Excellent financial acumen and scenario modeling skills
- Strong analytical skills
- Strong understanding of the real estate development cycle and regional market
- Proficiency in design and architecture