Job Title: Development Director
Location: Al Riyadh, Saudi Arabia
Overview: We are seeking a highly skilled and experienced Development Director to lead our real estate development projects in Al Riyadh. The Development Director will play a critical role in driving the successful execution of our development strategies, overseeing all aspects of project planning, design, construction, and delivery. The ideal candidate will possess strong leadership abilities, strategic vision, and a proven track record of delivering high-quality real estate projects on time and within budget.
Key Responsibilities:
- Project Strategy and Planning:
- Develop and implement strategic plans for real estate development projects in alignment with company goals and objectives.
- Conduct market research, feasibility studies, and financial analysis to identify viable development opportunities.
- Define project scopes, objectives, and deliverables in collaboration with senior management and stakeholders.
- Establish project timelines, budgets, and resource allocation plans to ensure project success.
- Project Management:
- Lead multidisciplinary project teams through all phases of the development process, from concept to completion.
- Oversee project planning, design, entitlement, permitting, procurement, construction, and delivery.
- Monitor project progress, milestones, and performance indicators to track against established goals and timelines.
- Identify and mitigate project risks and issues to ensure successful project outcomes.
- Coordinate with internal and external stakeholders, including architects, engineers, contractors, consultants, and government agencies.
- Financial Management:
- Manage project budgets, forecasts, and financial performance to optimize profitability and return on investment.
- Monitor project costs, expenses, and cash flows to ensure adherence to budgetary constraints.
- Negotiate contracts, agreements, and financial terms with vendors, contractors, and financing partners.
- Evaluate project financing options and secure necessary funding sources, including debt and equity.
- Stakeholder Engagement:
- Cultivate and maintain relationships with key stakeholders, including investors, lenders, government officials, and community members.
- Communicate project updates, milestones, and performance metrics to stakeholders in a timely and transparent manner.
- Address stakeholder concerns, inquiries, and feedback to foster positive relationships and support project objectives.
- Quality Assurance and Compliance:
- Ensure that development projects comply with all applicable laws, regulations, codes, and standards.
- Implement quality assurance processes and standards to uphold the highest levels of construction and design excellence.
- Conduct regular site inspections and audits to verify compliance with project specifications and requirements.
Qualifications:
- Bachelor’s degree in Real Estate Development, Architecture, Civil Engineering, Business Administration, or a related field. Master’s degree preferred.
- Minimum of [10] years of experience in real estate development, with a proven track record of successfully managing and delivering complex projects.
- Strong leadership skills with the ability to inspire and motivate project teams to achieve excellence.
- Excellent analytical, financial, and strategic planning capabilities.
- Comprehensive knowledge of real estate development principles, practices, and processes.
- Proficiency in project management software and tools.
- Exceptional communication, negotiation, and interpersonal skills.
- Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities and challenges.
Join our dynamic team and lead the development of transformative real estate projects in Al Riyadh. We offer competitive compensation, benefits, and opportunities for professional growth and advancement.
To apply, please submit your resume and cover letter outlining your relevant experience and qualifications. We look forward to welcoming you to our team and shaping the future of real estate development in Al Riyadh!
Jobs@wedohr.net