Site acquisition Manager Business Development (Real Estate)📣 Job Ad

About the Role

Majid Al Futtaim is seeking a Manager - Business Development to join their team in Riyadh, Saudi Arabia. This full-time role is responsible for implementing the expansion plan for retail Discount stores across Saudi Arabia and identifying new market opportunities to achieve growth targets for Majid Al Futtaim Retail Discount.

Role Purpose and Scope

The Business Development Manager ensures that all assigned projects are completed on time, within budget, and in line with the overall plan. The role holder will also assist in identifying, classifying, and selecting sites included in the expansion plan, contributing directly to the strategic growth objectives of the company in the region.

Key Responsibilities

• Manage and execute expansion plans, including site identification, feasibility studies, and negotiation of lease terms for new retail locations, aligned with strategic objectives.
• Conduct market evaluations and competitor analysis, and identify new business opportunities to support country development programs and regional growth.
• Oversee end-to-end project management, ensuring timely execution within budget, efficient resource utilization, and smooth coordination across internal departments and external partners.
• Monitor project performance against KPIs, prepare regular reports for management, and ensure compliance with legal, regulatory, and contractual obligations.
• Develop and implement policies, processes, and action plans to enhance profitability and productivity, while advising local teams on retail innovations and best practices.
• Manage contractor and consultant selection, ensure adherence to agreements, and oversee risk assessments and audits for successful project delivery.
• Provide mentorship and training to build a strong talent pipeline, ensuring performance management and continuous development of team capabilities.
• Prepare periodic business reports and maintain alignment with corporate policies, ensuring governance and compliance across all expansion activities.

Qualifications and Experience

• A minimum of 5-10 years of relevant professional experience.
• Demonstrated experience in business development, particularly within retail expansion or a related field.
• Proven track record in project management, including budget and timeline adherence.

Work Environment and Culture

Majid Al Futtaim fosters a collaborative environment with over 45,000 diverse colleagues who are guided by a shared Leadership Model. The company focuses on creating experiences and building a reputation as a regional market leader.

Application Process

Join Majid Al Futtaim to contribute to their mission of creating moments and experiences. Further details on the application process will be provided upon interest.