JOB DESCRIPTION / ROLE
Overall, a Senior Development Director in a real estate company plays a pivotal role in driving successful real estate projects from conception to completion. They combine expertise in real estate development, financial acumen, and leadership skills to ensure projects meet or exceed the company's objectives.
This is an opportunity to deliver for one of the largest organisations in the MENA region and grow within the field of P&C.
Key responsibilities of a Senior Development Director in a real estate company may include:
• Project Planning and Feasibility Analysis: Conduct thorough market research and feasibility studies to assess the viability of a large master-plan.
• Site Acquisition and Due Diligence: Identify and negotiate the acquisition of suitable properties for development.
• Expertise in conducting due diligence to assess potential risks, legal issues, and compliance with local regulations in Saudi Arabia.
• Project Budgeting and Financial Management: Create and manage budgets for development projects, including cost estimation, expense tracking, and financial reporting.
• Design and Construction Oversight: They oversee the design phase and manage the construction phase to ensure work is completed on time and to the required quality standards.
• Risk Management: Identify potential risks associated with development projects and implement strategies to mitigate them, including issues related to financing, construction delays, or regulatory challenges.
• Post-Development Evaluation: Conduct assessments after project completion.
The candidate will have the opportunity to play a pivotal role in shaping development projects, while enjoying a competitive compensation package.
• The ideal candidate for the role of Senior Development Director will possesses a proven track record of successfully overseeing complex development projects, demonstrating exceptional leadership in managing cross-functional teams, and exhibiting a deep understanding of market trends and financial analysis.
• They will excel in strategic planning, regulatory compliance, and possess strong communication skills, enabling them to effectively liaise with stakeholders, negotiate acquisitions, and navigate the intricacies of real estate development.
ABOUT THE COMPANY
Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.