Vice President Real Estate Development
1 week ago
**Location**: Jeddah, Saudi Arabia
**Experience**: 15+ years of relevant experience in Real Estate Development
**Education**: Bachelors or Masters in Civil Engineering
**Languages**: English and Arabic
Job Responsibilities & Accountabilities
Be responsible for and serve as an advisor to the CEO regarding property development, management, and operations.
Oversee acquisition, development, and re-development opportunities of logistics real estate across Kingdom of Saudi Arabia on time and on budget, producing attractive, financially self-supporting properties that serve organizations objectives.
Evaluate business demand, market factors, risks, and other factors to recommend and implement business footprint strategies.
Supervise the overall development process from site selection and acquisition, site feasibility analysis, securing land use and entitlement approvals/permits, overseeing construction/rehab, and completing lease ups.
Direct all development programs and operations; and supervise staff, consultants and key project personnel.
Establish ongoing, constructive working relationships with peers, regulatory authorities, government entities, financing parties, customers, contractors, subcontractors and suppliers.
Participate in public presentations, leverage financial, political, and community support for projects.
Leverage industry expertise, best practices, and key business drivers in developing short
- and long-range plans. Maintain flexibility to adapt priorities based on changing business needs.
Provide Leadership to develop a cohesive work team. Demonstrate organizations core values and create a positive and collaborative work environment. Manage the performance through regular oversight and KPIs.
Evaluate and recommend capital improvements relative to revenue generating investments and asset preservation. Achieve desired internal financial benchmarks for each asset within portfolio.
Prepare and evaluate project construction and operating budgets to including performance analysis
**Behavior Requirements**:
**Vision & Strategy**: develops an ambitious but realistic business vision and translates it into a workable strategy
**Initiative & Responsibility**: acts on own initiative, makes things happen and accepts responsibility for the results
**Business Development**: identifies and seizes commercial opportunities, has a strong positive impact on business growth and profitability
**Influence**: makes an impact, convinces & persuades others, promotes plans and ideas successfully
**Networking**: builds a useful network of contacts and relationships and utilizes it to achieve objectives
**People Management**: provides team with clear sense of direction, inspires and coordinates others and keeps them focused on objectives
**Execution**: adheres to company rules and procedures, executes plans with commitment and determination, achieves high quality results
**Systematic approach**: uses a methodical and systematic approach, plans ahead, defines clear priorities and allocates resources effectively
**Steadiness**: creates a stable and reassuring work atmosphere, supports and encourages team in difficult times, is firm and reliable
**Professional expertise**: demonstrates specialist knowledge and expertise in own area, participates in continuous professional development
**Effective communication**: communicates in a clear, precise and structured way, speaks with authority and conviction, presents effectively
**Constructive teamwork**: co-operates well with others, shares knowledge, experience and information, supports others in the pursuit of team goals
Employees duties are not limited only to the above-mentioned accountabilities; he/she may perform other duties as assigned
**Core Competencies**:
Supervision Skills
Communication Skills
Project Management Skills
Interpersonal Skills
MS Office
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