Managing Director
Managing Director
Human Capital Solution Services (HCSS)

Real Estate

1 day ago

Full Time


Job Details


Job Description/Requirements

Managing Director
Commercial and Real Estate

Our client, a public quoted company in the commercial and services sector, which has recently evolved to real estate as part of its growing portfolio in Kenya, is seeking to hire a proven corporate leader to fill the vacant position of Managing Director (MD)

The client has undergone a strategic and steady market shift from dealing with industrial products to real estate due to the massive growth opportunities in the sector.

Reporting to the Board, the successful candidate will be responsible for delivering shareholder value for the entire Company, with emphasis on the commercial real estate line of business, through execution of aggressive growth strategies.

Key Responsibilities
●    Facilitate the preparation of accurate budgets as per the annual budgeting cycle- being rental income, service charge, utilities, parking and other sources of revenues
●    Implement prudent cashflow management procedures to safeguard the company’s liquidity through regular stakeholder meetings and debt collection within the approved legal framework
●    Coordinate the preparation of monthly management reports and annual statutory and regulatory reports
●    Coordinate the preparation of quarterly board and committee reports and lead in the annual general meetings and stakeholder and regulatory meetings as required
●    Formulate commercially viable business plans for future developments and leasing proposals to be aligned with the Board
●    Lead effective lease negotiations and sustain fruitful tenant relationships
●    Ensure that all buildings, grounds, and equipment are well maintained and in optimal working condition
●    Develop and implement policies and procedures and ensure that all operations are in accordance with established regulations
●    Oversee the execution of security plans, procedures, systems and directives
●    Manage the procurement and performance monitoring of all contractor services in an efficient and cost-effective manner
●    Ensure optimal tenant mix that will sustain and safeguard rental income
●    Develop beneficial working relationship with all the  stakeholders within the business ecosystem
●    Provide solid leadership to the team through effective objective setting, delegation, and communication

Qualifications and Attributes
●    A Bachelor’s degree in a business-related field, engineering or real estate management; an MBA would be an added advantage
●    A minimum of fifteen (15) years’ work experience in a conglomerate or commercial real estate operations, eight (8) of which in senior leadership positions at the Exco level
●    Ability to demonstrate critical competencies in the following categories:
   o    Delivering results and exceeding customer expectations
   o    Entrepreneurial and Commercial thinking
   o    Presenting and Communicating information
   o    Persuading and Influencing 
   o    Planning & Organizing
   o    Working with people
   o    Responding and adapting to change

A market level remuneration package will be offered to the successful candidate. One should expect to grow within the Group if they demonstrate high growth potential and live by the corporate values.

If you are interested, please send your CV to reach us no later than 10th August 2022


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