Head of Residential Developments

TAC Recruitment; Stellenbosch; On-site; ZAR 400 000 - 500 000; Full time

Job summary

A recruitment firm seeks a qualified candidate to manage real estate development projects in Stellenbosch. The role involves sourcing opportunities, managing project lifecycles, and maintaining financial relationships. The ideal candidate will have a bachelor's degree and a proven track record in real estate development. This is an opportunity to drive significant development projects in the region.

Qualifications

• Proven track record in real estate development or property management.
• Demonstrated success in managing residential development projects from inception through to completion.
• Must have experience in site acquisition and successfully closing real estate transactions.

Responsibilities

• Source new opportunities and assess feasibility studies.
• Manage development projects from planning to completion.
• Build relationships with financial institutions for funding.
• Review marketing strategies to optimize sales.

Skills

Real estate development

Team management

Due diligence

Feasibility studies

Education

Bachelor's degree

Job description

Report to the Board on the division's financial performance, funding, marketing and sales, construction performance, tax planning, HR and staffing and all legal issues.

Day to day functions will include, together with the current staff complement :

• Source new opportunities, conducting and assessing feasibility studies and due diligence
• Manage development projects through the development lifecycle, from planning, establishing the professional team, planning, obtaining legislative approvals, selection and appointment of service providers, to monitoring of progress, controlling costs and ensuring adherence to contracted timelines
• Together with the financial manager, build relationships with relevant financial institutions, arrange necessary funding for the development projects, prepare and present accurate cashflow forecasts, updated on a weekly basis
• Regularly review marketing strategy to ensure volume and pace of sales within all projects are optimised

Requirements

• Bachelor's degree
• Proven track record in real estate development or property management.
• Leading and managing teams.
• Demonstrated success in managing residential development projects from inception through to completion.
• Must have experience in site acquisition, due diligence, and successfully closing real estate transactions.