Occupation Description The Development Director has bottom-line profit and loss responsibility for project conceptualization, planning, sign-off, and financial analysis; interface/coordinate with business development, design, tendering, construction, and handover management.
Job Scope Assist in the definition of project scope and objectives during orientation, involve all stakeholders; ensure technical and contractual feasibility. Ensure resource availability and allocation by managing internal resources and vendors for successful project execution. Manage the whole cycle of all projects from initiation to closeout daily by visiting sites, reviewing ongoing construction, and monitoring progress against planned timelines. Ensure that all fit-out work and projects are delivered on time, within scope, and within budget by frequent sites’ visits and follow-ups of the "ongoing" construction. Take corrective measures to bring projects back on track, if required. Follow up with all contractors for pending payments. Create and maintain comprehensive project documentation. Review and follow up on all new required design development pertaining to the project (new entrances, traffic circulation, flooring, new modifications, and extensions) and manage the complete development process including tendering, and execution. Establish a planning framework to ensure the initial work on the ground and other details are in place for master plans to be completed on time. Monitor various business, financial, and project management indices to ensure that projects are being developed profitably, highlighting any significant variations and taking steps to overcome these. Generate ideas and evaluate various creative options, discussing these with project teams and CDO/ Chief Executive Officer in order to arrive at the best possible alternative. Assess new development opportunities within all product and geographic markets including those development opportunities being pursued by the CEO. Monitor the progress of all developments, and liaise closely with other departments to enable other phases of the project such as the land and infrastructure, marketing, pricing, design, and construction to progress smoothly in accordance with approved master plans and concepts. Instruct, organize, and coordinate all development disciplines with the objective of harmonizing the diversified functions to deliver completed projects in accordance with the objectives established in the approved business cases. Management of the cross-functional relationship with internal and external stakeholders and oversee tasks assigned to the development management team. Apply the principles of Total Quality Management throughout all aspects of the Division’s business activities. Ensure that throughout all areas of the department’s activities, the ‘input’ activities such as planning, design, construction, legal, communications, asset management, finance, marketing, etc. are coordinated to ensure that the overall program, budget, and development concept are achieved and delivered as planned. Produce consolidated high-level executive reports, showing a clear picture of the entirety of the works within the real estate portfolio, recommending the strategy, and highlighting all critical issues, recommending actions and measures. Obtain Board approval for all new development projects through the Chief Development Officer and the CEO. In conjunction with and as required by Upper Management, contribute to the formulation and implementation of City Edge’s strategy in line with City Edge’s vision and mission. Ensure that strategy is translated into annual operational business plans and objectives for City Edge’s subsidiaries and departments and that performance is monitored and managed to ensure continuous improvement. Co-ordinate, the preparation of differing development strategies based on preliminary master plans for the submission of Project Business Plans and Land Development Strategies. Prepare/Manage/Review the development and operational business plans (including market research, due diligence reports, financial analysis, investment strategy, anchors strategy, pricing, sale and lease strategy, risk register, and exit strategy) of the assigned projects.
Education and Most Common Work Experience Requested Bachelor’s degree in Engineering, preferred Architecture.15+ years of related experience of which a minimum of 7 – 12 years should be in a similar position/responsibility in a similar Industry.