Assistant Manager Business Development

Support the evaluation, pricing and financial performance of Bahrain portfolio, including the masterplan and the mixed-use developments across Southern, Muharraq, and Capital governorates. The role focuses on preparing investment assessments, financial feasibility studies, valuation and pricing models, and market analysis for residential, commercial and mixed-use projects; reviews commercial terms and coordinates regulatory requirements; and delivers clear, executive-ready recommendations that support management’s investment and pricing decisions.

Responsibilities

• Research the Bahrain property market, including demand, supply, pricing and absorption trends, to inform new investment and development opportunities and to support masterplan and land-use decisions.
• Prepare and maintain financial feasibility studies, valuation models and investment analyses for masterplans and individual residential, commercial and mixed-use projects, with clearly documented assumptions and sensitivities.
• Coordinate project appraisals, highlighting risks, issues and projected outcomes, and prepare risk assessments for management review.
• Support commercial and financial due diligence, and negotiations involving land acquisitions, joint ventures and strategic partnerships.
• Review commercial terms within legal agreements and flag key points to Legal and senior management.
• Analyse local, regional and international economic trends through regular and ad hoc reporting, and identify potential partnership and investment opportunities.
• Review contract, financial and integrated project status reports for existing partnerships, and hand over to the relevant business unit where appropriate.
• Conduct financial and transaction analysis, ensuring investment valuations are accurate and delivered to the required quality and timescales.
• Prepare pricing proposals for residential, commercial and mixed-use products intended for sale or lease, in line with the established pricing process.
• Build and maintain residential and mixed-use pricing models and land-sale models.
• Review pricing proposals for all relevant projects, including office space intended for sale or lease, using data provided by the Development team: (1) masterplan; (2) site plan showing the project within the masterplan; (3) project description, including finishes and amenities; and (4) floor plans showing sellable areas, terraces, car ports and plot area, where applicable.
• Liaise with the Development team to obtain approved pricing data, including the approved budget, prior to the launch schedule.
• Work closely with the Marketing department to ensure marketing collateral, including project teasers, brochures and press releases, is accurate and aligned with approved pricing strategies and the business case.
• Liaise with the Development team to ensure products are aligned with market demand.
• Support Development with project feasibilities by reviewing the assumptions and financial component of each project before approval by Executive Management.
• Provide country-level support for feasibilities, pricing, research and business plan reviews.
• Coordinate with the Real Estate Regulatory Authority (RERA) and banks on regulatory requirements, including development licensing, off-plan sales registration and escrow account arrangements, in liaison with Legal and Finance.
• Ensure project business cases, pricing and sales assumptions reflect applicable regulatory and escrow requirements.
• Support internal and external audit and regulatory reviews by providing timely and accurate information.