Development Director

Midlands
DOE
Full Time

Working as part of a team and reporting to the Regional Director, drive forward and manage major development projects to bring about delivery in line with the Company business plan requirements.

High level reporting to Managing Director and Finance Director on key strategic elements of projects at both Muse and Morgan Sindall Group level.

Identify, appraise and secure new development opportunities for the Company having regard throughout to Company strategy, policy and procedures.

Liaise and communicate effectively with key partners and external consultancy teams.

 

Role and Accountabilities

 

  • Manage Development Managers and Senior Development Managers as appropriate on projects while assuming overall responsibility for the achievement of project milestones throughout the development process. These will include early viability assessments, securing planning and other statutory consents, securing finance, leading negotiations on legal agreements such as development and funding agreements, securing lettings and disposals and establishing long-term estate management arrangements, ensuring projects are viable and deliverable at all times.
  • Secure approvals where necessary to take a project forward. Ensure expenditure is within given limits approved by the Company by reference to the Company approval system and procedures.
  • Lead in the development of key strategic reports and documents to secure necessary approvals from the Muse Board and Morgan Sindall Board as appropriate.
  • Establish and lead project teams in conjunction with internal Project Managers. Develop and maintain relationships with key stakeholders and drive the project team to ensure delivery of key outputs in line with programme.
  • Assume ownership of scheme development appraisals and regularly review inputs and outputs for purposes of informing Company business planning.
  • Take primary responsibility for ensuring that all funding and legal agreements attendant to a project are complete and accurate and properly reflect the Company’s understanding of the transaction/risk profile.
  • Prepare reports and scheme presentations for presentation to a range of audiences both internally and externally.
  • Effectively report and communicate the activities and progress of projects and prepare internal written reports as required by Company timetables. Provide detailed information as requested for forecasts, budgets and board papers as necessary.
  • Represent the Company in the marketplace in a professional and quality driven manner promoting the business and encouraging relationships which might deliver new development opportunities for the Company.
  • Identify and secure new development opportunities for the Company in line with Company strategy and objectives. Conduct a thorough appraisal of new opportunities taking into consideration market data, current activity and competition, and consultant advice.
  • Help promote the importance of Social Value and Sustainability within Company projects and ensure ESG policy and corporate procedures are adhered to during project implementation.

Skills and Knowledge

 

  • Experience in a senior Development Management role with a successful track record in identifying and delivering major development projects – specific involvement with delivering residential and/or commercial led mixed-use developments is preferred.
  • Must have experience in leading project teams through the development process.
  • Experience in preparing development appraisals and modelling cash flows to inform feasibility and viability recommendations.
  • Experience in negotiating legal agreements such as Agreements for Lease, Development Agreements and Funding Agreements. Knowledge of Partnership Agreements and Joint Ventures would also be useful.
  • Researching emerging markets and trends
  • Strong relationship building skills and the ability to work with different partners in both the private and public sector.
  • Ability to manage in a challenging environment recognising the various interests of project stakeholders such as resident groups, local councillors etc.
  • Strong organisational and time management skills with the ability to prioritise tasks and work to deadlines.
  • Preferably qualified MRICS with 10 years post qualification experience. Excellent verbal and written communication skills including presentations and report writing.
  • IT proficient including MS Word, Powerpoint, Excel and Teams.
  • Commercially astute with good presentation and negotiating skills.
  • Tenacious and self-driven with the ability and initiative to work both autonomously and as part of a team.
  • Familiarity with industry software for financial appraisals eg Argus.

 

 

This profile provides information on a broad range of responsibilities for this role and is not seen to be contractually binding. All employees are expected to be flexible in their performance of duties.

 

 

 

Apply

Please send your CV and a covering letter to recruitment@museplaces.com