Cytonn Investments Careers
6. Cytonn Investments Development Director; Newtown Jobs in KenyaWorking with the Project Management Office and Board of Directors to establish the operational structures for the Project
Cytonn Real Estate is seeking a highly motivated, self-directed, team player, to oversee the development of Newtown. Newtown is an exceptional master planned development within the greater Nairobi Metropolis that once complete, will comprise of residential, commercial, educational, logistics, recreational and hospitality precincts.
Newtown sits on approximately 1,000 acres located in Athi River, Machakos County, approximately 10 km off Mombasa Road along Mutungoni Road. The development will be a contemporary expression of a livable, sustainable and a major employment generator; reinforced by residential, tourism, educational, logistics, commercial and retail land uses; and supported by a multimodal transport system to confirm and manifest its role and stature as a destination of choice.
It aims to provide a world-class city that will create a ‘Live’, ‘Work’, ‘Play’, ‘Learn’ environment. Heading the Project Management Office for Newtown, the development manager will manage the entire development implemented in phases.
The scope of management will involve overseeing delivery of the project, project planning, process control, execution, strategically positioning Newtown in the market nationally and internationally, stakeholder’s engagement and relationship management, lead the operations management of the completed development and oversee structuring of the development corporation to manage the town. The role also includes managing all the associated real estate services to the development.
The successful candidate will have a unique opportunity to participate in both a strong incentive structure and equity ownership plan.
Managing the entire project team involved in the various development departments to develop and deliver the master plan and vision for Newtown
Manage the acquisition of all Planning approvals and ensure all associated statutory obligations are obtained
Lead and brief the delivery team on all Masterplan related matters, such as development quantum and land uses, compliance with approved design parameters, design codes, legal and planning obligations
Stakeholder management and engagement to ensure all key utilities and infrastructure required for the project are availed
Identifying the best and most economically viable planning and implementation strategy putting into consideration the critical milestones that will position the development among the most successful Vision 2030 cities
Lead the team in setting up a development corporation to manage the completed development
Manage the entire masterplan budget and internal resource planning
Manage the internal approval process including meeting all financial budget requirements to ensure satisfaction with site-wide strategies and commercial appraisal outcomes
Manage project risks, and where required contract negotiations and contract forms, also coordinating project resources and where necessary, tendering, negotiation and appointment of any Masterplan, town planning, legal and design consultants that may be required
Lead on feasibility studies to assess commercial and other development proposals from external stakeholders and third parties, by proactively running design and commercial workshops with interested parties. Provide feedback and recommendations to Senior Management on the suitability of proposals in relation to meeting both vision and commercial objectives
Coordinate with the Marketing and Communication Teams and input in marketing material to ensure that public messaging and internal and external marketing communication is effective
Manage internal project expectations, balancing aspirational objectives with commercial constraints
Guide teams through the design implementation process including conceptual, schematic, design development and construction documentation and sign off
Develop and maintain Master Project Schedules
Monitor project progress including schedule and budget variance; manage team to deliver project on budget and schedule
Oversee vendor and project team members work to ensure compliance with contract and client expectations
Coordinating every phase of development and any additional project management activities as may be required by the company
Over ten years' experience in real estate development with at least or related field
Global markets experience with developments in markets, for example, Dubai, is required
Bachelor's degree with and any related professional paper is an added advantage
Good people management skills are including the ability to manage Clients, Partners and Stakeholders, motivate and manage internal and external project teams
Good understanding of town and country planning
Commercial acumen and negotiation skills
Excellent presentation and communication skills
Experience in managing real estate development projects, preferably with global markets experience
Experience must include demonstrable knowledge of real estate valuation techniques, project finance, development project cash flow modelling, public approvals and permitting/entitlement process
Experience in managing contractors and architects through design and construction
Track record of managing projects to budget and schedule
Strong working knowledge of architectural drawings and space planning concepts
Strong analytic skills, including ability to independently conduct real estate financial analysis
Demonstrated ability to express ideas clearly, verbally and in writing
Strong computer skills, including high level of proficiency in MS Excel, PowerPoint, and Word
Demonstrated ability to cultivate and manage productive relationships with development team members, public officials, funders and lenders, other staff, and the community
Ability to organise work, work independently, problem solve, and be persistent
Creativity, entrepreneurial, and a self-driven attitude towards work
Strong problem-solving skills, with a bias to a sense of urgency
Closing Date: February 28, 2017
For more information and job application details, see; Cytonn Investments Development Director; Newtown Jobs in Kenya
Only shortlisted candidates will be contacted.
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