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