Assistant Manager Development

Job description / Role

About Al-Futtaim Group

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions: automotive, financial services, real estate, retail, and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia, and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration, and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role

This role is responsible for assisting Development and Senior Development Managers in implementing the development process, through different project steps up to and including the practical completion, to ensure the achievement of the project vision.

What you will do

• Assist in preparing Development Briefs for new developments and ensure the adherence of all departments to the Development Brief throughout all the project phases.
• Assist in monitoring Development Briefs and reports, including identification of opportunities and risks; site conditions; outline project and stakeholders requirements; cost estimates and anticipated revenues; market studies; range of consultants and others to be engaged for the project; project feasibility studies and appraisals; funding options; project timeframe; proposed future actions and recommendations; project KPIs.
• Assist in preparing Business Cases to prepare and obtain different documents required for the preparation and approval of Preliminary, Investment, and Project Budgets by coordinating with different stakeholders to develop necessary documents and studies in compliance with AFGRE policies and procedures.
• Assist in monitoring performance; report on development; review programs; and confirm cost and program compliance with business cases and present designs to ensure adherence to time, cost, and quality requirements. Review project dashboards with respect to feasibility assumptions in terms of anticipated costs and forecasted revenues.
• Assist in monitoring sales trends of various products and prepare the corresponding sales and pricing strategies, considering the sales targets and the actual sales absorption rates.
• Attend project progress meetings and monitor project progress across all development stages.
• Support and assist the Development and Senior Development Managers in implementing the development vision.

Required skills to be successful

Minimum experience of 5 years with at least 1 year in a real estate development company.

What equips you for the role

• Bachelor's degree in Architecture, Civil Engineering, or Construction Engineering.
• Arabic and English proficiency is a must.
• Professional skills in Microsoft Office, Excel, and AutoCAD.

About Al-Futtaim Group Real Estate

The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational, and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement, and construction of mega-projects and the leasing, operation, and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.

Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services, and enable partnerships to create true value to our customers throughout their entire experience with us.

AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.