Majid Al Futtaim
Majid Al Futtaim presently has a job opening for eligibile candidate for position of a Development Planning & Analysis Associate Manager. The selected candidate aims to support the DP&A Manager and Senior Manager in leading the Projects/Developments analysis and providing proactive Strategic/Tactical support in assessing ongoing and pipeline projects by closely liaising with the Development or Business Development function and relevant teams across all business units.
Duties of A Development Planning & Analysis Associate Manager
- Assist in Preparing development feasibilities following approved Standard Feasibility and Reporting Procedures.
- Build new consistent and reliable financial model templates from scratch with minimal guidance for different land uses such as Residential, Retail, Hospitality, Offices, and Mixed Use.
- Assist in driving the business plan for the DBU portfolio.
- Assist in developing pricing models and standards for the DBU portfolio spanning shopping malls, hotels, and mixed-use communities.
- Preparing outputs for strategic financial forecasts and budgets.
- Assist in preparing development reports and feasibility summaries for new projects.
- Collaborate with consultants on ad hoc tasks.
- To be the custodian of the feasibility files and have version control for all related projects.
- Coordinate market research for UAE and non-UAE portfolios.
- Assist in preparing market reports on real estate, demographic, and macroeconomic trends whenever required.
- Assist the development/business development team in pricing models and ensure standardized area definitions.
- Assist in analyzing new product proposals and incentives.
- Assist in market-supported development briefs.
- Collaborate with various stakeholders for inputs.
- Perform scenario analysis and sensitivities as required.
- Continue to enhance, improve, and make recommendations on feasibility templates, analysis, and standardization.
- Assist in creating standardized development reports.
- Assist in building competitor database and intelligence.
- Participate in project financing activities as required.
Requirements for Role of Development Planning & Analysis Associate Manager
The eligibility requirements for role of a Development Planning & Analysis Associate Manager are as under:
- Bachelor of Finance or equivalent.
- Professional qualification including CA/CFA/CPA/ACCA/FMVA is preferred.
- Minimum 5 years’ of post-qualification experience working within a support function.
Skills & Knowledge Desired
- Understanding of the Dubai Escrow account mechanism functionally and in terms of modeling.
- Proficiency in real estate development area definitions, including but not limited to distinctions between BUA, GFA, GSA, GLA, etc.
- Goal-oriented with a focus on achieving results through effective delivery and execution.
- Strong capabilities in analysis, finance, and technical aspects.
- Ability to source, analyze and implement new business ideas.
- Effective communication and presentation abilities.