Tuesday, 17 February 2015
Senior Development Manager
Senior Development Manager
Reports to: Operating Committee
Summary
Cytonn Real Estate, in partnership with a consortium of international real estate investors and High Net-worth investors, is seeking a highly motivated, self-directed team player, to deploy over Kshs. 3 billion of investor funds into real estate projects. The Senior Development Manager will manage all phases of Real Estate Developments targeting High Net-worth Investors, Global Institutional Investors and the Kenyan Diaspora.
The successful candidate will have a unique opportunity to participate in both a strong incentive structure and equity ownership plan.
Skills Required
Bachelor's degree in a related field is required, a post graduate degree will be an added advantage;
Strong working knowledge of architectural drawings and furniture and space planning concepts;
Strong analytic skills, including ability to independently conduct real estate financial analysis;
Demonstrated ability to express ideas clearly, verbally and in writing;
Strong computer skills, including high level of proficiency in MS Excel, Power Point, and Word;
Demonstrated ability to cultivate and manage productive relationships with development team members, public officials, funders and lenders, other staff, and the community;
Ability to organize work, work independently, problem solve, and be persistent;
Creativity, entrepreneurial, and a self driven attitude towards work, with a sense of humor is desired;
Strong problem solving skills, with a bias to a sense of urgency;
Ability to lead a team and work within a team in a fast paced environment.
Experience Required
5 years' experience in real estate development including 2 years of experience in large developments / projects in a senior position;
Experience in managing real estate development projects;
Experience must include demonstrable knowledge of real estate valuation techniques, project finance, development project cashflow modeling, public approvals and permitting/entitlement process;
Experience managing contractors and architects through design and construction;
Track record of managing projects to budget and schedule;
Responsibilities
Working with the Board of Directors to establish the operational structures for the company;
Oversee feasibility studies, including market research and surveys to ensure that contemplated developments are responsive to the prevailing economic, social and demographic trends; and to identify non-obvious development opportunities;
Coordinate site identification and acquisitions that are suitable for investment grade real estate targeted at Diaspora, High Net-worth and Global Markets investors;
Coordinate the creation of compelling development concepts;
Development of strong business cases for projects to ensure that developments are financially viable and can attract requisite funding;
Develop permitting strategy and secure permits and requisite statutory approvals in coordination with municipal officials, legal counsel and architects;
Manage the tendering process and assembling of the development team, including architects, contractors, engineers, and development consultants; negotiate contracts and coordinate the development team throughout the development process. The Senior Development Manager shall therefore be responsible for managing the development team for efficiency and maximum results;
Guide teams through the design implementation process including conceptual, schematic, design development and construction documentation and signoff;
Select and implement appropriate construction management approach on project-specific basis; therefore manage and oversee the approach selected;
Develop and maintain Master Project Schedules;
Monitor project progress including schedule and budget variance; manage team to deliver project on budget and schedule;
Oversee vendor and project team members work to ensure compliance with contract and client expectations;
Coordinating every phase of development and any additional project management activities as required.
How to Apply
Click on the link below
https://cytonn.com/careers/8
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