Ref: MP907-687

Job description / Role

Employment: Full Time

Development Manager– Saudi Arabia
Property, Real Estate and Investment Group
Competitive Expatriate Salary Package + Benefits

Our client is a real estate property firm company for a High Net Worth Family Conglomerate and they now seek to recruit a Development Manager to their firm to drive the development management of multiple projects comprising Hotels in Makkah, Commercial and Residential projects in Riyadh and warehousing project also in Riyadh that are in various stages of the development cycle. This role is based in Riyadh although projects are located across Saudi Arabia.

Reporting to the Head of Development; this role is responsible to:
• Manage the development activities including market research, due diligence reports, financial analysis, project investment strategy, pricing, sale and lease strategy, risk profile, etc. of real estate development projects.
• Preparation of due diligence for various commercial and residential development projects across Saudi Arabia from feasibility through to construction phase.
• Manage the development life cycle from project concept through to documentation stage, construction and handover in terms of design, budget, program and quality.
• Lead, manage and review the pre-qualification and selection of consultants and contractors and their operations as per scope of works.
• Monthly and periodic reporting on projects to the CEO and Board.
• Prepare project-level consolidated executive report showing a clear picture of the real estate project progress, highlighting all critical issues and recommending actions and measures.
• Liaison with municipality officials, consultants, contractors and other real estate stakeholders.
• Prepare the delivery strategy of the development and prepare regular updates of the performance of the projects.
• Manage the preparation and regular review of the project specific development and design briefs to ensure its alignment with the project business objectives.
• Review the property laws and provide advice on its impact on the real estate project.
• Manage the procurement, negotiation and agreements and contracts in relation to developing and operating the real estate project.
• Prepare the sales and marketing strategy and manage the implementation plan and its alignment with the market drivers, real estate trends, and highest best use analyses.
• Review preparation of project specific Development and Design briefs to reflect project intent and objectives.
• Implement the risk mitigation measures to ensure that the business cases are secured to meet profit and turnover targets.

Requirements

• Bachelor Degree in Engineering, Architecture, Construction Economics, Business Administration or comparable with a minimum of 5 years on commercial projects including hotels, towers and industrial projects.
• Must be commercially astute and a strong communicator.
• A self-starter, candidates must be able to drive projects for performance results and display proven leadership abilities specifically with consultants and contractors.
• Candidates must be bilingual in Arabic and English.

A competitive salary package will be offered to attract exceptional candidates to this growth organization.

About the Company

1Recruit International LLC is an international global recruitment and human resource solutions consultancy with a global mind set and a proven track record in talent management. Resourcing across an array of executive business sectors, our corporate mission entails client satisfaction through quality orientation; a consultative approach, delivery excellence and innovation through 'best fit candidates technically, behaviourally and culturally.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Project Manager salaries in Saudi Arabia

Average monthly compensation
SAR 25,000

Breakdown available for industries, cities and years of experience