Business Development & Investments Manager📣 Job Ad

About the Role

Alomar Holding Company (OHC) is a Saudi-based diversified investment group with a focus on real estate development and property businesses. OHC strategically invests in and manages projects to create long-term value and shape the future of the real estate sector across Riyadh and Saudi Arabia. The Business Development & Investments Manager will be a key contributor to OHC's growth strategy, responsible for expanding the investment portfolio and driving strategic initiatives. Reporting directly to the CEO, this role involves identifying, evaluating, and executing real estate investment opportunities, cultivating stakeholder relationships, and supporting revenue targets.

Key Responsibilities

• Develop and implement business development strategies aligned with company objectives.
• Identify, evaluate, and source new real estate investment and expansion opportunities.
• Conduct market and competitor analysis to inform strategic planning.
• Build and nurture relationships with stakeholders including clients, landowners, investors, brokers, funds, developers, and strategic partners.
• Negotiate and close commercial agreements, strategic partnerships, acquisitions, and investment deals.
• Drive revenue growth plans, support sales teams in achieving targets, and track Key Performance Indicators (KPIs).
• Prepare feasibility studies and reports on investment opportunities.
• Source and evaluate land plots and investment sites, and negotiate acquisition and partnership deals.
• Construct financial models, including Discounted Cash Flow (DCF) analysis, and assess metrics such as Internal Rate of Return (IRR), Net Present Value (NPV), cash flows, expected returns, and perform sensitivity analyses.
• Coordinate with internal departments, including Finance, Operations, and Sales, to support project development and monitor progress.
• Identify potential investment and operational risks and develop mitigation plans.
• Prepare and manage the business development budget and oversee related initiatives.
• Prepare and present periodic performance reports, KPI analyses, market insights, feasibility studies, and investment return reports to senior management.

Qualifications and Requirements

• A Bachelor's degree in Business Administration, Engineering, Real Estate Management, Finance, Investment, or a closely related field.
• A minimum of 10 years of progressive experience in real estate development, business development, real estate investments, or project management.
• A demonstrable track record of success in sourcing, evaluating, and closing real estate investment opportunities, including land acquisition and partnership/investment deals.
• Proven experience in preparing feasibility studies and building or reviewing financial models for real estate investments, encompassing DCF, IRR, NPV, cash flow, and sensitivity analysis.
• Strong proficiency in Microsoft Excel for financial modeling and Microsoft PowerPoint for investment presentations.
• Professional fluency in both Arabic and English, written and spoken.
• A valid driving license in Saudi Arabia.
• A deep understanding of the real estate development and investment sector, including land acquisition processes, investment sourcing strategies, opportunity evaluation methodologies, and various deal structures.

Required Skills

• Business Administration
• Engineering
• Real Estate Management
• Finance
• Investment Analysis
• Real Estate Development
• Business Development Strategy
• Real Estate Investments
• Project Management
• Sourcing and Evaluating Investment Opportunities
• Closing Real Estate Deals
• Land Acquisition
• Partnership and Investment Deal Structuring
• Feasibility Study Preparation
• Financial Modeling (DCF, IRR, NPV, Cash Flow, Sensitivity Analysis)
• Microsoft Excel Proficiency
• PowerPoint for Investment Presentations
• Understanding of the Real Estate Development and Investment Sectors
• Investment Sourcing and Opportunity Evaluation
• Deal Structure Expertise
• Experience with ERP systems (*, Odoo ERP)
• CRM System Usage for Opportunity Pipeline Management
• Investment Memo and Board Presentation Preparation
• Executive Approval Pack Creation
• In-depth knowledge of the Riyadh and Saudi real estate markets.

Additional Information

The role is full-time and located in Riyadh, Saudi Arabia. Preferred qualifications include professional certifications in business development, real estate investment, financial modeling, or project management; an existing network within the Saudi real estate ecosystem; experience with residential, commercial, mixed-use, or land development projects; and the ability to join within 1 month.