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Assistant Project Development Manager

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Assistant Project Development Manager

  • Location:

    Makati City

  • Sector:

    Property, Construction & Engineering

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Lou Angelica Castil

  • Contact email:

    lou.castil@monroeconsulting.com.ph

  • Job ref:

    BBBH412498_1678615289

  • Published:

    about 1 year ago

  • Expiry date:

    2023-03-28

  • Client:

    Monroe Consulting Group

Executive search firm Monroe Consulting Group is recruiting on behalf of a global leader in construction industry. Our reputable client is currently searching for Assistant Project Development Manager who is amenable to work onsite under a morning schedule. The office is located in Makati City.

Key responsibilities include:

  1. Oversee creation of Product Package for new projects (business plan showing target market, final designs, payment terms, projected financials showing investments and returns)
  2. Conduct market research on residential, commercial, industrial and raw land markets in the Philippines
  1. Size of market
  2. Major and minor competitors
  1. Competencies
  2. Product features
  3. Pricing
  1. Locations of developments Develop business models and financial models for new projects
  1. Business model analysis (joint venture, etc.)
  2. Financial projections (leveraged and unleveraged cashflow projections, DCF/NPV/IRR analysis, pro forma P&L, etc.)
  3. Multiple scenario analysis
  4. Tax management strategies
  1. Produce asset optimization strategy & timeline based on market research (assess potential for development, lease, disposal or recommend locations to acquire more properties)
  1. Identify roles of each department in UPDI in the overall asset optimization strategy
  2. Collaborate with various departments to establish inter-departmental processes & Service Level Agreements (SLA)
  1. Build the Project Development team
  1. Identify key positions to be hired based on asset optimization strategy & timeline
  2. Create job descriptions for identified key positions
  3. Create onboarding process
  1. Company history
  2. Company and departmental Table of Organization
  3. Role of new employee
  4. New employee training program and schedule
  1. Develop career progression and personal development plans for each team member to grow and improve technical skills, soft skills and critical thinking skills
  1. Conduct weekly one-on-one's with each team member to clarify weekly priorities and monitor progress of personal development plans
  2. Recommend training topics and develop training program for the team
  1. Participate in the sourcing, interviewing, hiring & onboarding process
  2. Conduct quarterly KRA review to monitor each team member's progress and development
  1. Manage the Project Development team
  1. Create dashboard of projects to easily monitor progress and pull data for presentations and to aid in executive decision-making
  2. Updated financial feasibility and market research as needed
  3. Design progress (technical studies, master plans, architectural designs, engineering designs, etc.)
  4. Monitor consultants (contracts and deliverables)
  1. Conduct weekly team meetings to discuss:
  1. Project updates
  2. Feedback from other colleagues
  3. Design concerns
  4. Key approvals needed and presentations needed for these
  5. Feedback from meetings with other executives/managers/departments/DMCI companies/designers/consultants or tenants
  1. Conduct regular meetings with:
  1. Departments involved in asset optimization to monitor progress
  2. Consultants to monitor progress on designs and technical studies
  3. Construction Management Team to monitor detailed designs and construction progress
  4. Sales & Marketing to discuss customer feedback
  5. Leasing to discuss tenant feedback
  6. Executives and managers to discuss other concerns
  1. Collaborate with relevant departments to formalize interdepartmental processes and SLA's
  1. Improve self through regular training for soft and hard skills
  2. Other projects and responsibilities as executives may require

Key requirements include:

  • Preferably a graduate of Business Administration, Finance, Economics, Accounting, Marketing, or other business-related courses
  • At least 10 years of experience in real estate.
  • No licenses needed
  • Real estate experience
  • Quantitative thinker
  • Intermediate to advanced Excel user
  • Character: person of integrity, intelligent, quick to learn/self-starter, flexible, team player
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