Managing Director

2 weeks ago

Abuja, Nigeria Juremi Group Full time

The Managing Director of the Real Estate Division is responsible for overseeing all aspects of the division's operations, including managing the Accounts, HR/Legal, and Marketing/Sales departments. The MD will lead efforts to establish new contacts, acquire new lands, enter into joint venture agreements with third parties, secure lands from the government, grow revenue, and handle the development process for new real estate projects.

Responsibilities:

  • Provide strategic leadership and direction to the Accounts, HR/Legal, and Marketing/Sales departments, ensuring alignment with divisional and company goals.
  • Foster a culture of collaboration, innovation, and accountability within the division.
  • Establish and maintain relationships with key stakeholders, including landowners, developers, investors, and government agencies, to identify new land acquisition opportunities.
  • Negotiate and execute joint venture agreements with third parties to acquire lands for development projects.
  • Work closely with government authorities to secure lands for real estate development through partnerships, auctions, or other means.
  • Develop and implement strategies to grow revenue through the acquisition, development, and sale or leasing of real estate properties.
  • Identify and capitalize on market trends and opportunities to maximize returns on investment.
  • Lead the process of acquiring new lands for development, conducting feasibility studies, due diligence, and financial analysis to assess potential projects.
  • Oversee the development process, including design, construction, marketing, and sales or leasing activities, to ensure projects are delivered on time and within budget.
  • Manage the division's financial performance, including budgeting, forecasting, and financial reporting.
  • Ensure compliance with regulatory requirements and internal controls to safeguard company assets and minimize risk.
  • Oversee legal and regulatory compliance for real estate transactions, contracts, permits, and zoning requirements.
  • Work closely with the legal team to mitigate legal risks and resolve any disputes or issues that may arise.

Requirements:

  • Proven track record of at least 10 years in senior leadership roles within the real estate industry, with experience in land acquisition, development, and project management.
  • Strong leadership and management skills, with the ability to inspire and motivate teams to achieve ambitious goals.
  • Experience in building and managing high-performing teams, fostering a culture of collaboration, innovation, and excellence.
  • Demonstrated ability to establish and cultivate relationships with key stakeholders, including landowners, developers, investors, and government agencies.
  • Proven track record of negotiating and executing joint venture agreements and securing lands for real estate development.
  • Solid understanding of financial principles and performance metrics, with the ability to analyse financial data and make informed decisions.
  • Experience in budgeting, forecasting, and financial modelling to support real estate investment decisions.
  • Thorough understanding of legal and regulatory requirements related to real estate transactions, land use, zoning, and permitting.
  • Experience in navigating complex legal and regulatory environments to ensure compliance and mitigate risks.
  • Strategic thinker with the ability to develop and execute plans to drive business growth and achieve financial objectives.
  • Ability to identify and capitalize on market opportunities while mitigating risks and challenges.
  • Excellent communication and interpersonal skills, with the ability to build rapport and negotiate effectively with stakeholders at all levels.
  • Strong presentation skills to convey complex information clearly and persuasively.

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