Job Requisition ID: 171546
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the role
The role will oversee and manage the development of automotive real estate projects from conception to completion, ensuring they are completed within established timelines and budgets. Responsibilities include managing project timelines, budgets, and operations, coordinating with contractors, architects, and stakeholders, ensuring compliance with regulations and quality standards, and managing project teams while preparing comprehensive status reports. You will collaborate closely with various business units, including the Automotive and Real Estate Groups, as well as finance, marketing, asset management, design, and project delivery teams.
What you will do
- Develop and implement strategic plans for automotive real estate development projects aligned with the automotive strategy.
- Oversee the financial aspects of automotive projects, including budgeting, forecasting, and financial analysis.
- Develop comprehensive plans, outlining key milestones, timelines, and resource requirements.
- Collaborate with finance, design, project management and other departments to implement development plans.
- Build and maintain relationships with stakeholders and other relevant parties to maximize performance.
- Identify potential risks and challenges associated with automotive development projects and implement proactive risk mitigation strategies.
- Provide regular and comprehensive updates to senior leadership on project status, risks, and opportunities.
- Prepare and present reports to stakeholders and other relevant parties
Required Skills to be successful
- Minimum 10+ years of expertise in developing real estate assets across various sectors including commercial, retail, automotive, and industrial.
- Strong leadership and excellent interpersonal skills.
- Negotiation and networking skills and ability to lead and execute within timeline
- Bachelor’s degree/University degree or equivalent experience
- Must have through knowledge of the Real Estate market in Saudi Arabia
About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.