Development Manager
5 days ago
Job Title: Development Manager
Purpose of the Job
Responsible for delivering superior developments for Growthpoint on time, with the agreed standards and within budget. Generating development fees and development profits from Investment partnership opportunities.
Key Performance Areas
1.Department Management
- Management of expectations between GPT development team and all internal and external stakeholder requirements, including effective communication & reporting.
- Deliver on Trading & Developments income budget
- Value Add Strategy - assess existing portfolio in conjunction with asset manager for re- development opportunities / value engineering costs
- Manage various consultants and contractors on developments to ensure effective delivery of developments.
2.Technical & Developments
- Ensure approved Capex budget is not exceeded per project
- Developments within viability parameters, with no income leakage
- Manage project programme as per mandate.
- Manage quality standards as per mandate
- Value engineering of development concepts & refinement to ensure "future-proofing" of the investments and innovate solution
- Implement "Green" and sustainability principles to developments & responsibly manage any direct impacts that we may have on communities & the environment
- Project/contract management, hand over manuals, guarantees, Risk management, etc.
- Ensure that Bulk in Hand and Land Banking sites are developed to maximise return on investment.
3.Marketing/Leasing/Sales
- Analyse and explore new development opportunities – Develop pipeline / future business and redevelopment (GROWTHPOINT).
- Formulation of marketing strategies for each development.
Ensure that Bulk in Hand and Land Banking sites are marketed appropriately internally and externally.
Financial
Cash flow management and treasury guidance to be done monthly per project.
- Monthly Deal Forum updates and Asset Management updates on CAPEX, progress and income.
- Manage approved Deal Forum yield and IRR ensuring that the development delivers on the mandate.
Key Performance Areas
Education
- B.Sc. Quantity Surveying, Architecture, Engineering, or related Property Development or Financial/Management qualification.
Experience
- Minimum of 8 years of Commercial/Residential Development Experience at management level
- Experience in commercial, residential, retail, industrial and healthcare will be advantages.
- Extensive experience in deal origination and concluding development deals is a prerequisite.
Knowledge
- Sound knowledge of the business environment, the relevant role players within the business and their key responsibilities and outcomes.
- Good understanding of development and construction documents and agreements Intelligent self-starter, showing initiative and ability to work autonomously
Job Specific Skills
- A good mix of interpersonal and analytical skills
- Advanced computer skills (Excel, PowerPoint)
- Excellent verbal and written communication skills
- Strong negotiation skills at all levels
- Strong presentation skills
- Financial and General Management and deal origination experience.
Competencies
- Ability to work well under pressure.
- Deadline focused.
- Strong organizational abilities and attention to detail.
- Program review skills.
- Intelligent self-starter, showing initiative and ability to work autonomously
- Passionate and committed to continuously add value
- Ability to keep abreast of market trends
- Ability to handle pressure and confidential matters
- Ability to deal with conflict
- Available to do after hours and weekend work when required
- Ability to work in a team environment
- Able to thrive in an environment that frequently questions and challenges
- Flexible and adaptable with strong ability to multi-task
- Must be able to build relations at all levels, with ease and a consultative approach
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