Assistant Development Manager | Real Estate | Asset Development

Al-Futtaim; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading real estate development firm based in Dubai is seeking a Development Analyst to provide vital support to the team. The role involves conducting market research, assisting with financial modeling, and supporting project management activities. The ideal candidate should have a Bachelor's degree in Finance, Real Estate, or Business Administration, and possess strong analytical skills along with proficiency in Microsoft Office. This position offers the opportunity to develop skills within the real estate industry while working on various projects.

Qualifications

• 0-2 years of experience in financial analysis, research, or administrative support; internship experience in real estate or finance is a plus.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and basic understanding of financial modeling concepts.

Responsibilities

• Conduct market research on real estate trends and property data.
• Support development team with financial modeling and cash flow projections.
• Assist project managers in coordinating activities and tracking progress.
• Prepare project documentation and periodic reports for management.

Skills

Analytical skills

Attention to detail

Microsoft Office Suite (Excel, Word, PowerPoint)

Communication skills

Prioritization skills

Education

Bachelor's degree in Finance, Real Estate, Business Administration or related field

Job description

Overview Of The Role

The Development Analyst will provide essential support to the real estate development team by conducting research, assisting with financial analysis, and performing administrative tasks. This role offers the opportunity to develop skills in market research, financial modeling, and project support within the rapidly growing real estate industry. Analysts will be integral in ensuring projects are completed within scope, budget, and time constraints. Success in this role will be measured by the quality of analysis and reports, and the ability to facilitate smooth project operations.

What You Will Do

Market Research and Analysis

• Conduct research on real estate markets, including demographic trends, competitive analysis, and property sales/rental data.
• Assist in gathering and analyzing financial information, such as project budgets, cost estimates, and revenue projections.
• Prepare reports, presentations, and summaries of research findings to support project planning and decision-making.

Financial Modeling

• Support the development team in building and maintaining financial models for real estate development projects, including cash flow projections and investment analysis.
• Input data, update models, and perform basic calculations to assess project feasibility, returns, and risks.
• Assist with sensitivity analysis and scenario planning to evaluate various project scenarios and potential outcomes.

Project Support

• Assist project managers in coordinating project activities, tracking milestones, and monitoring progress against timelines and budgets.
• Support cross-functional collaboration with other departments, such as finance, legal, and construction, to ensure alignment and effective communication.
• Help maintain project databases, update project status reports, and track key performance indicators (KPIs) for development projects.

Documentation and Reporting

• Assist in preparing project documentation, such as proposals, contracts, and presentations, ensuring accuracy and completeness.
• Prepare periodic reports, presentations, and dashboards summarizing project financial performance, key metrics, and market insights for management review.

Compliance and Quality Standards

• Adhere to company policies, guidelines, and procedures related to ethical conduct, confidentiality, data security, and professional behavior.
• Ensure compliance with all applicable laws, regulations, and industry standards governing real estate development, financial analysis, and business operations.
• Maintain high-quality standards in all deliverables, including financial models, research reports, presentations, and project documentation, ensuring accuracy, clarity, and professionalism.

Required Skills To Be Successful

• Strong analytical skills and attention to detail.
• Ability to work independently and prioritize tasks in a fast-paced environment.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent communication and presentation skills.

What Qualifies You For The Role

• Bachelor's degree in Finance, Real Estate, Business Administration, or related field.
• 0-2 years of experience in financial analysis, research, or administrative support; internship experience in real estate or finance is a plus.
• Strong analytical skills and attention to detail.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and basic understanding of financial modeling concepts.