2021-07-29

Amal Real Estate General Manager – Somalia

Somalia
Posted on July 29, 2021

Amal Real Estate

Amal Real Estate General Manager – Somalia

Job Title: Amal Real Estate General Manager

Location: Somalia

Reporting: CEO, Amal Bank

Position Summary

Responsible for setting strategic direction and leading Amal Real Estate, an affiliate of Amal Bank. The General Manager position is also required to oversee all business operations across the company to ensure efficient and effective acquisition, development, investment, financing, marketing and operating of commercial and residential projects and properties.

Responsibilities

Contribute to the formulation of company strategy and ensure the effective translation of the overall strategic direction into actionable business plans and planned initiatives.

Manage all activities between stakeholders, consultants, and contractors to deliver projects within scheduled timeframes and budgets.

Oversee business operations across the company to ensure efficiency, quality, service, and cost-effective management of resources.

Develop policies and procedures in line with company regulations and service standards.

Review and evaluate project proposals while also overseeing planning and budgeting process for all new projects.

Develop investment strategy and promote business ideas to create innovative and strategic opportunities.

Quantify and diversify existing portfolio to improve yield and promote stronger return on assets.

Make strategic and tactical decisions for optimizing limited resources and leverage funding to meet project and stakeholder objectives.

Coordinate and oversee the preparation of annual reports, strategic plan, capital and operating budgets.

Ensure appropriate risk mitigation measures are in place to control risks and ensure desired results.

Undertake cross-business collaboration at the onset and throughout the duration of the projects, liaising with Amal Bank and Amal Trade.

Oversee and monitor the progress of projects including schedules, budgets, and financial and strategic performance metrics.

Review and approve progress payments or funding disbursements and authorize adjustments to contracts where required.

Stay current with construction costs, market conditions, project management techniques and real estate development process.

Take a hands-on management approach and guide the Amal Real Estate team to meet organization goals.

Act as a key representative and spokesperson for the company in business forums and public meetings, positioning the company’s image as a good corporate entity.

Qualifications

A master’s degree in business administration or equivalent supplemented by training in project management, construction, architecture, and civil engineering or,

A master’s degree in project management, construction, architecture, civil engineering or equivalent supplemented by training in business administration or equivalent.

Minimum 15 years of experience in senior position in the real estate industry or construction industry completing a number of successful projects on time and within budget.

Ability to conduct market analysis, development feasibility analysis, as well as proforma and costing analysis.

Ability to understand geo-technical issues, building designs, construction specifications, cost estimates, development schedules and management plans.

A creative problem-solver with foresight and integrity who is also skilled at contract negotiations, managing consultants and the development process.

Comprehensive knowledge and understanding of project management principles, including project scoping, budget development/financial management, scheduling, tendering, quality assurance, risk management and project team coordination.

Comprehensive knowledge and understanding of real estate property development and construction, and related business concepts, processes and practices.

Training and proficiency in project management software tools

Demonstrated computer literacy with Microsoft programs and engineering software

Amal Bank is an equal opportunity employer and offers a competitive compensation package commensurate with qualifications and experience.

How to apply

Please submit a detailed cover letter and résumé no later than August 10, 2021 to: applicant@amalbankso.so

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