Development Manager📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Future Connect, a real estate development company based in Saudi Arabia, is seeking a Development Manager to join its team in Riyadh. This role is integral to supporting the planning, coordination, and execution of a portfolio of residential, mixed-use, and commercial developments. The Development Manager will report to the Development Director and will oversee critical aspects of the development lifecycle, from initial feasibility studies and design coordination to project delivery. The ideal candidate will possess strong project coordination capabilities and the ability to manage multiple stakeholders, ensuring projects align with approved business plans, budgets, and timelines.
Key Responsibilities
- Support the Development Director in executing development strategies for assigned projects.
- Manage day-to-day development activities across feasibility, design, and delivery stages.
- Monitor project progress against milestones, timelines, and budgets, ensuring timely completion and adherence to financial constraints.
- Ensure alignment between design intent, commercial objectives, and construction requirements.
- Assist in preparing feasibility studies, development appraisals, and financial models to assess project viability.
- Support project viability assessments, including analysis of costs, revenues, ROI, and IRR.
- Monitor project cash flows, budgets, and financial performance, providing regular updates.
- Coordinate with architects, consultants, and project management teams to ensure design intent aligns with project objectives.
- Review design submissions for compliance with scope, budget, and timelines.
- Support value engineering initiatives to optimize project costs and enhance efficiency.
- Liaise with internal departments (Design, Commercial, Sales, Project Management) to foster collaboration.
- Coordinate with external stakeholders such as consultants, contractors, and government authorities to facilitate project progression and approvals.
- Support investor and partner reporting by providing timely project updates.
- Assist in managing project approvals, stage-gate reviews, and governance processes.
- Maintain accurate project documentation and reporting systems.
- Identify potential project risks and support the development of mitigation strategies.
- Monitor market trends and competitor activities to ensure strategic alignment.
- Escalate key issues and provide recommendations to senior management.
Qualifications and Requirements
- Bachelor's degree in Real Estate, Finance, Architecture, Engineering, or a closely related field.
- A minimum of 5 to 8 years of progressive experience in real estate development or a related discipline.
- Proven experience working on residential and/or mixed-use developments.
- Strong understanding of real estate development processes, including feasibility studies and financial analysis.
- Good knowledge of design coordination principles and project delivery methodologies.
- Prior experience working within Saudi Arabia or the broader GCC market is essential.
Required Skills
- Commercial awareness and strong analytical thinking capabilities.
- Excellent coordination and organizational skills, with the ability to manage multiple tasks simultaneously.
- Proficiency in stakeholder management, effectively engaging with diverse internal and external parties.
- A detail-oriented and proactive approach to problem-solving and project execution.
- Strong communication, presentation, and reporting skills.
Work Environment
This is a full-time position based in Riyadh, Saudi Arabia.
Requirements
- Requires 5-10 Years experience
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