The Assistant Manager – Business Development will be responsible for creating ownership and investment opportunities in Real Estate for HFDI and the wider HF Group by opening up new real estate development frontiers, locally & regionally, across various customer segments with part emphasis on alternative building technology so as to ensure continuous delivery of quality, affordable environmentally sensitive and customer specific real estate and in turn grow the company’s income basket.
Key Result Areas:
Support HFDI housing development strategy aimed at providing affordable housing to an identified market segment.
Identify and assess the viability of prospective property developments with the aim of carrying out due diligence for investment by HFDI.
Identify joint venture opportunities and mobilize public private partnerships for property development so as to address the supply side of the business and open up opportunities for Property sales, Mortgage sales and property management opportunities.
Manage relationships between HFDI and its development partners.
Identify and recommend optimal operational and funding structures for HFDI projects.
Maintain a network of prospective financiers and investors in HFDI properties.
Prepare project investment briefs for approval by HFDI management and Board.
Advise the management of trends in the Real Estate sector in support of the Company’s strategy.
Seek out various alternative building technologies so as to provide environmentally friendly and affordable building solutions.
Grow the Build Operate & Transfer (BOT) business model so as to address housing needs for institutions and open up new long term property development frontiers.
Monitoring & Evaluation of projects to identify variances based on the approved parameters.
The ideal candidates should possess:
Degree in commerce/Finance, building related studies and a Project management qualification e.g. Prince 2 or PMP, a Master’s degree will be an added advantage.
A minimum of 3years prior experience in structuring large property development projects.
Experience in evaluating equity and mezzanine investments in Real Estate projects will be a distinct advantage.
Comprehensive understanding of project analytics and financial models is mandatory.
An appreciation of financial reporting will be an added advantage.
The ideal candidate must possess the following:-
Should have a strong appreciation of the contemporary and technical issues in the real estate sector/construction industry.
Ability to structure real Estate transactions using financial models and create investment cases for approval by management and board of directors.
Good communication skills, both verbal and written as well as strong Interpersonal skills.
Should have strong Analytical skills, attention to detail and proven organization skills.
Excellent reporting writing and presentation skills.
Abreast with the change of the regulatory environment.
Should be Innovative, possess business acumen and financial skills.
Experience in engaging with external stakeholders and/or Kenyan government and/or policymakers in some professional capacity; applicants with experience in the property industry are encouraged to apply.
Computer skills including thorough knowledge of Microsoft Word, Excel, PowerPoint, Internet/Email
Leadership and management skills; proven ability to lead projects and teams to achieve results and to meet or surpass objectives.
Team player and must have integrity.