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Housing Business

Safaricom Investment Co-operative (SIC) an investment cooperative set up in 2009 under the Co-operatives Act Cap 490, seeks to fill the position of a Unit Manager in charge of the housing business.

Reporting

  1. The Housing Unit Manager will be an integral part of the Senior Management team, reporting to the CEO and the Board of Directors.
  2. With respect to matters relating to new and existing investments, the Unit Manager will work with the respective Functions’ Managers and specialist teams.

Requirements of the Role

  1. Demonstrable experience in real estate sector especially housing business.
  2. Skills and Competencies in:
    • Housing projects construction value chain management.
    • Real estate business development.
  3. Conducting due diligence and supporting developing investment proposals for new investments in housing.
  4. Portfolio management of existing housing investments.
  5. Providing general support to the senior management team on housing operational matters.

Duties and Responsibilities

a) Housing Unit Leadership and Management

  1. Champion development and Implementation of a comprehensive and innovative strategy for the housing business unit.
  2. Deliver negotiated housing unit returns as per Board risk Appetite guidelines and Investment Policy.
  3. Spearheading housing projects onboarding process(es) and activities.
  4. Managing the housing unit technical, business and sales team.
  5. Stakeholder management in housing investments.
  6. Oversight and control of external contractor(s) and housing unit vendor teams.
  7. Contract management of actors in housing construction and selling activities.
  8. Key stakeholder in market research and gathering of industry intelligence in collaboration with the marketing team.
  9. Monitoring and evaluation of the key project progress milestones.
  10. Oversight quality control and value for money procurement.
  11. Forge strategic partnerships with key actors in the housing business including financing partners, forward and backwards aggregators, regulatory and key supervisory units..
  12. Liaise with risk management teams to mainstream the Housing Unit’s key risks in the ERM Framework and configure a controlled environment within the Unit.
  13. Deliver thought leadership on housing sector.

b) Operations

Work closely with the senior team in the firm to manage the day-to-day activities of the unit and overall financial performance of the firm:

  1. Participate in budget and investment target setting.
  2. Work with the corporate team on overall strategy, cost-management, and operational objectives.
  3. Monitor and deliver the financial performance against agreed KPIs; and
  4. Contribute to external reporting.

Professional and Academic Qualifications

  1. Undergraduate Degree in either Engineering, Architecture, Building Economics or Construction Management.
  2. A post graduate degree in a relevant field will be an added advantage.
  3. MUST be registered with a relevant professional body.

Knowledge and Skills

  1. Not less than 5-7 years’ experience in a real estate sector at management level.
  2. Excellent entrepreneurial, analytical and negotiation skills.
  3. Excellent oral and written communication skills.
  4. Collegiate working style with a strong management capability.
  5. Ability to develop and manage strategic relationships with funders, peer organizations and potential invest.

Application

If you meet the above requirements, kindly send your applications to recruitment@sic.co.ke by 27th August,2021.

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