Senior Manager Feasibility and Business Plans📣 Job Ad

About Qiddiya and the Role

Qiddiya | القدية is seeking a Senior Manager Feasibility and Business Plans to join its team in Riyadh, Riyadh. This full-time position is critical for leading the financial and commercial feasibility analysis of residential apartment developments within the Qiddiya master plan, ensuring projects are commercially viable and strategically aligned.

Role Purpose and Scope

The Senior Manager will drive the end-to-end preparation, review, and validation of feasibility studies and business plans for residential apartment projects. This involves ensuring apartment schemes are optimally configured, meet market demand, and align with Qiddiya's development strategy and investment return requirements. The role requires deep expertise in residential apartment feasibility across various densities, typologies, and development phases.

Key Responsibilities

• Lead the preparation, review, and validation of feasibility studies and business plans for residential apartment projects.
• Drive apartment-level feasibility analysis, including unit mix, sizing, efficiency (NIA/GIA/GFA), pricing, and absorption assumptions.
• Ensure all apartment schemes meet defined investment hurdle rates and align with Qiddiya's residential strategy and governance requirements.

Financial Modeling and Unit Economics

• Build, review, and manage detailed financial models for apartment projects, incorporating unit-level revenues, sales phasing, construction and development costs, cashflow timing, IRR, NPV, and sensitivity analysis.
• Evaluate the financial impact of changes in apartment design, density, efficiency, specifications, and unit configurations.
• Stress test feasibility outcomes against market, cost inflation, and delivery risks.

Cross-Functional Collaboration and Investment Governance

• Work closely with Development, Design, Cost Planning, Sales, and Planning teams to ensure apartment designs are financially optimized from early concept through investment approval.
• Challenge inputs and assumptions to maintain commercial discipline and realism.
• Act as the primary financial interface for apartment projects through internal stage gate approvals.
• Prepare investment-ready feasibility packs, business plans, and financial summaries for senior management and investment committees.
• Clearly articulate risks, sensitivities, and mitigation strategies related to apartment developments.

Candidate Profile and Experience

The ideal candidate will possess 5-10 years of experience in residential apartment feasibility. This includes expertise in unit mix optimization, pricing and absorption analysis, cost benchmarking, efficiency ratios, and sensitivity testing, demonstrating a strong understanding of financial modeling and commercial viability in real estate development.