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Real Estate, Hospitality & Construction- Senior Manager - Jeddah

Location:  Jeddah
Other locations:  Primary Location Only
Salary: Competitive
Date:  04-Mar-2023

Job description

Requisition ID:  1311444

Competitive business today is all about making intelligent, informed decisions. Our Transaction Real Estate professionals help clients make strategic real estate decisions with high quality and objective advice through each phase of the transaction process. You will be an important part of our diversely talented, highly experienced team and work at the forefront of high-profile transactions.

The opportunity

EY has an established industry leading Transaction Real Estate Practice. We are looking for an aspirational Real Estate investment professional with corporate finance or strategy background and a focus on Real Estate, Hospitality and Construction (RHC), to join us as a Senior Manager in the team.


Your key responsibilities

As a Senior Manager within the RHC team you are likely to spend your day meeting with clients to develop a portfolio of engagements, working on strategic issues with client management while also ensuring quality delivery and excellent client service. You will also be responsible for building strong client relationships, spotting opportunities for new business, leading the engagements, managing engagement budget as well as developing and coaching junior members of the team.


Skills and attributes for success


We support clients with their evolving business strategy throughout the real estate lifecycle with the following services:


  • Valuation – including purchase price allocation of real property or portfolios for purposes of financial or tax reporting
  • Transaction due diligence (buy-side and sell-side/carve-out) – including lender diligence, real estate M&A diligence, real estate asset diligence, transaction closing proration
  • Operational diligence and performance reviews for hotels, malls and leisure/entertainment assets
  • Development and Strategic Advisory – feasibility studies, highest-and-best use analysis, concept ideation/development, destination strategy, tourism product development (leisure and entertainment), growth/expansion/entry strategies
  • Capital markets – including capital strategy for property  and real estate entities, raising equity capital or debt


To qualify for the role you must have


  • As a minimum, a bachelor's degree in in real estate (preferred), economics, finance, business or engineering and at least 8 years of related work experience.
  • Full understanding of RHC terminology
  • Experience in commercial real estate, hospitality or tourism with focus on acquisition, due diligence, real estate valuation, loan underwriting, asset management, finance, or market research.
  • Willingness to travel in the region (approximately 25% to 50%)
  • Advanced Excel and financial modelling expertise.  Argus experience strongly desired


Ideally, you’ll also have


  • Previous real estate experience in professional services/Big 4 or similar consulting firm, or with prominent developers with large scale projects
  • A Master’s, MBA or relevant qualification (CFA, CAIA)
  • RICS qualification is a plus
  • Middle East experience is beneficial
  • High business acumen and strategic mind set
  • Arabic fluency is a plus


What we look for


We are looking for candidates who are highly motivated, analytical, logical thinkers with a passion for real estate and have a very strong attention to detail. Being a strong team player is critical with the ability to adapt to changing requirements or deadlines in support of our clients goals


What we offer

We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:

  • Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
  • Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
  • Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
  • Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.


If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

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