Junior Development Manager

• Responsible for all aspects of the construction stage of the development, from IC Approval to Final Completion and handover to Asset Management.

• The Junior Development Manager (Delivery) will be the custodian of the project for the duration of the construction stage.

• Assist Senior Development Mangers in the investigation of project desirability in line with company strategy and market conditions by developing financial models to predict profitability and viability.

• Manage developments on existing land in line with associated rights.

• Optimize and facilitate approval of building design in line with Town Planning and infrastructure principles.

• Assist in gathering market research and market intelligence of the local property market and all development activity to ensure sustainability of investments.

• Manage actual developments with regards to conditions precedent as outlined by the Investment Committee in terms of design, budget and timeline.

• Report on the delivery of all development projects and present feedback to the Development Executive and EXCO via Project Exco & PAAG.

• Take responsibility in the execution of duties in-line with the DRA.

• Assist with the development of contracts in collaboration with the Deal Champion, Senior Development Manager and the Legal Department (where applicable), inter alia: MOA, DRA, Mias Compliance, Development Agreement, Co-owners Agreement, Leases etc.

• Prepare construction contracts in collaboration with the Deal Champion, Senior Development Managers and Legal Department (where applicable), inter alia: PROCSA, SLAs, JBCC etc.

• Prepare and implement procurement contracts with regards to professional and contractor appointments with oversight from Senior Development Managers.

• Utilize industry network to identify and develop business opportunities.

• Optimize strategic relationships in the industry to recruit and secure tenants for new developments.

• Participate in deal origination with Asset Management.

• Report on spend per project and report to the Development Executive and EXCO via Project Exco & PAAG.

• Co-create and present budgets for all development proposals, report on actual spend versus budget, programme and cashflow forecast.

• Assist with the development of financial models to predict the profitability and viability per development on a monthly basis.

• Support and assist the Deal Champion with preparation and presentation of Investment Committee papers for projects, review Investment Committee papers and where applicable, co-present at IC.

• Comply with IC Approval and funding CPs in association with the Deal Champion, Senior Development Manager and Funding Manager.

• Manage developers and consultants working on projects on behalf of the Company or joint venture developments to achieve completion within agreed development parameters.

• Build and maintain relationships within the property and development industry, joint venture partners, Local Authorities and other business stakeholders to grow and develop a strong business network.

• Ensure compliance with relevant Acts.

• As the Junior Development Manager, oversee the management of the development processes and systems within the areas of accountability.

• Report on and manage potential business risk.

• Implement all audit recommendations in areas of accountability and resolve audit findings timeously.

• Obtain approval, implement and comply with policies within area of responsibility.

• Relevant Honours qualifications in Business, Engineering, Architecture, Quantity Surveying or other property related field.

• A minimum of 5-8 years in the property development/project management environment – with an emphasis on project delivery.

Ability Recruitment