Director of Machinery and Real Estate Valuation

3 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia TXM Solutions Full time
Director of Machinery and Real Estate Valuation

Job Summary:

The Director of Machinery and Real Estate Valuation is responsible for leading and managing the valuation department, ensuring accurate and compliant valuation of machinery, equipment, and real estate for sales, acquisitions, insurance, financial, and other purposes. This role requires expertise in TAQEEM standards and international valuation practices, along with strong leadership and business development capabilities to expand revenue streams.

The ideal candidate will have extensive experience in machinery valuation, with real estate valuation expertise preferred. The role involves team leadership, compliance management, business development, and stakeholder engagement to enhance the organization's valuation services.

Key Responsibilities:

  1. Department Management:
    • Oversee the valuation department, including machinery, equipment, and real estate valuation, along with asset management functions.
    • Develop and implement strategies to improve operational efficiency and align departmental performance with organizational objectives.
    • Lead and manage valuation teams to ensure high-quality output and operational excellence.
  2. Valuation Expertise:
    • Conduct and oversee valuations of machinery, equipment, and real estate for various purposes, including sales, insurance, acquisitions, and financial analysis.
    • Ensure that all valuation reports adhere to TAQEEM standards, international valuation methodologies, and local regulations.
    • Provide market insights and strategic recommendations to support accurate valuations.
  3. Compliance & Quality Assurance:
    • Ensure all valuation processes and reports meet regulatory and quality standards.
    • Review and approve valuation reports to ensure accuracy, compliance, and adherence to industry best practices.
    • Continuously update valuation methodologies in response to market trends and regulatory changes.
  4. Leadership & Team Development:
    • Build, mentor, and develop a high-performing valuation team across machinery, equipment, and real estate sectors.
    • Provide training and professional development to enhance team expertise and align with industry standards.
    • Foster collaboration between machinery and real estate valuation teams to drive synergy.
  5. Stakeholder & Client Relations:
    • Represent the organization in meetings with clients, regulatory authorities, and key stakeholders.
    • Provide strategic guidance to clients on valuation needs and investment opportunities.
    • Drive business development initiatives to expand the valuation portfolio and increase revenue generation.
    • Identify and explore new service opportunities and market expansion strategies.
  6. Operational Excellence:
    • Develop and optimize valuation systems and processes to enhance efficiency.
    • Prepare regular reports on project progress, costs, and quality metrics.

Qualifications & Requirements:

  1. Education:
    • Bachelor's degree in Business Administration, Finance, Engineering, Real Estate, or a related field.
  2. Licenses & Certifications:
    • International License in Machinery & Equipment Valuation (Mandatory).
    • Must be qualified to achieve TAQEEM Fellowship Membership with ease.
  3. Experience:
    • Minimum 10 years of experience in machinery & equipment valuation, with at least 5 years in a leadership role.
    • Real estate valuation experience is preferred to complement machinery valuation expertise.
  4. Technical & Professional Skills:
    • Proficiency in Microsoft Office (Excel, Word, PowerPoint).
    • Strong analytical and problem-solving skills.
    • Expertise in preparing detailed valuation reports for both machinery and real estate.
    • Fluency in English (Arabic proficiency is strongly preferred).
    • Strong leadership and team management skills.
    • Excellent planning, organization, and decision-making abilities.
    • Ability to work independently and collaboratively within a team.
    • Effective communication, negotiation, and client relationship skills.
    • Creative and innovative approach to problem-solving.

Seniority level: Director

Employment type: Full-time

Job function: Management, Strategy/Planning, and Business Development

Industries: Real Estate and Equipment Rental Services

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