Director - Commercial - Residential (DEL3)
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Key skills for this role
About the Role
Qiddiya Investment Company is seeking a Director of Commercial - Residential to lead commercial initiatives within residential projects. This senior role involves strategic commercial governance, contract negotiation, financial oversight, and team leadership.
Key Skills for This Role
Responsibilities
- Formulate and execute the strategic commercial framework for all residential initiatives, aligning with Qiddiya's broader corporate vision
- Lead and inspire a high performance team of commercial professionals tasked with managing procurement, contracts, and financial aspects of residential projects
- Negotiate contracts and manage vendor and contractor relationships to secure optimal outcomes for Qiddiya's residential developments
- Oversee project financials, including budgets, forecasts, and performance reporting, ensuring projects are delivered within financial targets
- Mitigate risks and ensure compliance with contractual obligations, regulations, and operational standards
- Collaborate with cross functional teams, including project management, construction, and marketing, to ensure seamless project execution
- Build and maintain strong relationships with key stakeholders, including regulatory bodies, local authorities, and community groups
- Provide mentorship and professional guidance to the commercial team, fostering a culture of continuous improvement
Requirements
- Degree in Business Administration, Construction Management, or a relevant field; advanced qualifications preferred
- Minimum of 15 years of commercial management experience in the residential property sector
- Strong financial acumen and expertise in contract negotiation and management
- Proven leadership skills with a track record of successfully navigating cross functional operations
- Exceptional negotiation and stakeholder management capabilities
- Strong communication skills, both written and oral
Full Job Posting
Position Overview
- Qiddiya Investment Company is seeking a dynamic Director of Commercial Residential to lead our commercial initiatives within the residential projects sector.
- This senior position is vital to orchestrating the strategy and operations that define our residential developments, which are core to our mission of creating a world class entertainment, sports, and arts destination.
- In this role, you will be responsible for the overall commercial governance of residential projects, from initial conception through to completion.
Responsibilities
- Formulate and execute the strategic commercial framework for all residential initiatives, aligning with Qiddiya's broader corporate vision
- Lead and inspire a high performance team of commercial professionals tasked with managing procurement, contracts, and financial aspects of residential projects
- Negotiate contracts and manage vendor and contractor relationships to secure optimal outcomes for Qiddiya's residential developments
- Oversee project financials, including budgets, forecasts, and performance reporting, ensuring projects are delivered within financial targets
- Mitigate risks and ensure compliance with contractual obligations, regulations, and operational standards
- Collaborate with cross functional teams, including project management, construction, and marketing, to ensure seamless project execution
- Build and maintain strong relationships with key stakeholders, including regulatory bodies, local authorities, and community groups
- Provide mentorship and professional guidance to the commercial team, fostering a culture of continuous improvement
Requirements
- Degree in Business Administration, Construction Management, or a relevant field; advanced qualifications are preferred
- Minimum of 15 years of commercial management experience in the residential property sector, with a deep understanding of the complete project lifecycle
- Strong financial acumen and expertise in contract negotiation and management
- Proven leadership skills with a track record of successfully navigating cross functional operations
- Exceptional negotiation and stakeholder management capabilities
- Strong communication skills, both written and oral, with the ability to influence and engage at all levels
Benefits
- Comprehensive benefits package
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