Senior Manager – Strategy and Product Development

To play a key part in supporting the growth ambitions of Dubai Holding Asset Management through strategic planning and financial assessment of new developments and business opportunities across all relevant asset classes (residential, office, retail) The role holder is responsible for creating and updating financial models for prospective and existing investments & acquisitions including appraisals, internal valuations, and conducting financial assessments for operating assets. The role holder is also responsible for contributing to drafting Development & Acquisition Investment Memorandum to obtain management approval and plays a key role in investment management and optimization activities.Core Responsibilities1. Strategy & PlanningContribute to the formulation of DHAM's corporate strategy.Explore and evaluate new business ventures and development prospects for DHAM.2. Financial & Feasibility AnalysisBuild comprehensive feasibility models for proposed developments Create project-level cash flow models to align with DHAM’s business plans.Support asset monetization activities, including valuations and business case assessments.Assess the feasibility of new real estate projects and develop a comprehensive financial model to assess new developments financial KPI’s.Conduct a high level financial feasibility for all new developments and present high level financial analysis to the investment committee.Support in preparing a detailed leveraged/unleveraged financial feasibility for shortlisted developments, and coordinate with other departments to develop a detailed market research, CAPEX estimates, OPEX & income stream for new developments.Support in developing high quality Investment Memorandums/Presentations to obtain approval from top management on shortlisted developments.Track and update new developments based on actual results and latest estimates and report any variances from budgeted and approved targets.Develop a Retrospective Performance Assessment for completed developments3. Research & Market IntelligenceOversee and coordinate external research efforts to support strategic initiatives.Perform market research and competitor benchmarking to inform project planning.Assess and monitor market demands, industry dynamics, and future trends in various sectors.4. Stakeholder Engagement & CommunicationDevelop business plan presentations for submission.Engage with internal and external stakeholders to ensure effective execution of DHAM’s development roadmap.5. Cross-Functional CollaborationAssist in or lead cross-functional initiatives, programs, and special projects as assigned by senior leadership within the Strategy & Product Development division.Support FP&A in preparing budgets & five-year plans by providing the new projects estimates on timely manner in accordance with relevant accounting practices (IAS, IFRS).Provide proactive & timely financial support to CFO and Businesses Units’ heads.Asset Performance MonitoringReview operating assets and business district performance from inception till exit and participate in workshops with business units to identify strategic initiatives to improve asset financial performance.Assess historical performance of operating assets and estimate future performance based on market situation.Identify asset performance issues from an overall value maximization perspective (e.g. revenue, costs, footfall, refurbishment needs, asset quality, etc.) and recommend initiative to improve financial returns of operating assets.Review each asset vacancy, rent roll, OPEX and benchmark it to other similar assets in the market.Prepare a detail report for each asset performance and consolidate the results to report business district performance. Reporting & AnalysisPrepare investment reviews & appraisals in a timely manner and as per the internal guidelines.Contribute to the development of comprehensive financial details with regards to project CAPEX, accounting and commercial aspects for management review.Update on monthly basis the performance of each investment and compare actual performance compared to budget.Prepare investment re-forecasts on quarterly basis, revise income, OPEX & CAPEX assumptions and report its effect on cash flow projections & funding scenarios.Minimum Qualification:Bachelor’s Degree in Business, Economics, Finance, Engineering, or a related field. MBA or Master’s degree in Economics / Finance preferred; CFA designation preferred Experience: A minimum of 8 years of business development, investment and/or corporate finance experience ideally gained while working for a regional real estate developer or for a management/real estate consulting firm advising real estate developers. Experience across the following asset classes is a must: Residential, retail, office, and hospitality. Dubai real estate experience is highly desirable Technical CompetenciesExceptional strategic thinking, problem solving and decision-making skillsStrong communication, interpersonal and analytical skillsPositive, energetic attitude and a team playerPotential leadership and people managementFinancial planning and modellingInvestment & Asset Performance AnalysisCAPEX ReportingStrategic FinanceExcellent numerical and analytical skills.Advanced knowledge of MS-Excel functions.Behavioral CompetenciesCustomer FocusResults OrientationBusiness AwarenessCurious & CreativeSense of UrgencyAdaptability & FlexibilityBuilds RelationshipsEmpowermentPlanning and OrganizingCommunication SkillsTeamwork