Acquisitions Department
Role Summary
Responsible for carrying out feasibilities studies and business plans for income-generating properties and development projects located in Lebanon and abroad. In addition, he/ she shall monitor and report the progress statuses of these projects.
Main Accountabilities
• Perform feasibility studies, financial analysis , and other financial valuations for international projects as well as local ones in order to allow M1 RE management to decide whether to proceed with such investments or not
• Prepare investment/disposal memorandum
• Perform field trips, market macro and micro research, assist in conducting comparative market analysis to estimate properties value through desktop and field work and design pricing schemes, do SWOT analysis and product mix design (USP, Positioning matrix, competitive advantages) in order to provide supporting evidence to the projects business plans
• Draft complete project–related business plans including product positioning, product mix design, market analysis, marketing strategy and financial analysis that will be submitted to M1RE Commercial Director for validation and thereafter monitoring the projects implementation performance
• Update financial projections for each real estate project
• Provide progress status reports for the main projects managed on a quarterly basis for both development and IGP projects
• Supervise development projects managed by third parties and report on their financial performance
• Assess cash flow requirements of such projects and if in line with budgets, request their payments from Accounting
• Manage the valuation process on a yearly basis
• Set up and update the database for the monitoring of our Knowledge Management System
• Prepare Various reports requested by his/her superior
• Perform any other duties related to his/her scope of work and competencies needed in order to meet the ongoing organizational needs. The Job Description is not intended to be all-inclusive
Educational Requirements:
• Bachelor degree in Finance, Economics or any related field.
• Masters in Finance/ MBA is considered as a plus
Knowledge, Skills and Experience:
• Master the design of financial models
• Complete understanding of Visual Basic for Applications (VBA), Excel Model development and Power Point
• Knowledge of MS Access is a plus
• Good command in English and Arabic; French is preferable
• Minimum 3 years of experience in a similar position in real estate sector
