Real Estate – Development Project Manager

Permanent, Full time

About Elkstone
Elkstone is Ireland’s leading Multi-Family Office group providing unique investment services to our Irish and international client base including Wealth Management, Venture, Real Estate opportunities and Alternative Finance solutions. Elkstone’s focus is to proactively assist our clients in selecting investment opportunities that are directly tailored to their individual needs.

Our portfolio of real estate investments spans a wide variety of properties including commercial,
residential, mixed use as well as land acquisition and development projects. Our typical asset profile includes high quality assets and off-market opportunities in prime and near prime locations in Ireland and internationally.

Job Description

We are looking to recruit an experienced and highly motivated Development Project Manager to join our Real Estate team. This is an exciting opportunity for driven and enthusiastic self-starter, looking to enhance his/her career within Ireland’s leading Multi Family Office group. The successful candidate will work alongside our existing Real Estate Team and all their stakeholders, working on a portfolio of real estate developments. The role will report to the Development Director.

The ideal candidate will have a land & development, construction and/or Quantity Surveying background.

He/she will partner with the existing Senior Project Managers and the Real Estate Team and key
stakeholders on development and construction related projects.

Key tasks and responsibilities will include:

  • Prioritise, plan and coordinate Real Estate project development activities executing the
    projects within deadlines and budget;
  • Preparing project feasibility analysis and making recommendations to the Senior project
    Managers team for advancing projects;
  • Collate all relevant market research and statistics – qualitative and quantitative – and execute market research projects’ reports against given assumptions;
  • Verify assumptions of costs (direct/indirect, return on investment, services, utilities,
    contributions, etc.);
  • Preparing and maintaining predevelopment budget, development budget, construction cost,
    operating budget, cash flow, project timeline, and other project underwriting to ensure
    correct analysis of risks and uncertainties are well documented in ascertaining whether an
    investment in the project is feasible and economically reasonable:
  1. Give rationale for project investment,
  2. Complete risk register for project,
  3. Analyse schedules of accommodation,
  4. Develop a project financial forecast or cash-flow model of the project, and financial
    assumption analysis,
  5. Make recommendations on project structuring and organisation,
  6. Prepare appropriate documentation to support Government permits/licenses,
    purchase agreements, and any other applicable documents that support the project
    for initiation.
  • Perform cash flow analysis in a timely fashion and maintain active cashflow for planning, fees, construction costs;
  • Cost control: maintain payment processing to ensure suppliers are signed off against
    appointment basis, update Budget versus Actual reports, engage with Funder Monitors to
    achieve sign off on monthly drawdowns;
  • Report and collate decisions from External providers, Legal PM QS and report for decision;
  • Maintain administrative files for each stage of the process, Risk Logs and any other relevant
    documentation in support of the projects; and
  • Support sale process of assets and prepare Data Room for investors.

Qualifications and experience:

  • Bachelor’s Degree in Engineering, Real Estate, Quantity Surveying, Business or related
  • Candidates should have a minimum of 3/5 years’ demonstrable analytical and property skills acquired in a professional/corporate environment;
  • The ideal candidate should have a deep knowledge of the Irish real estate market;
  • Team player with excellent formal and informal communications skills and interpersonal skills;
  • It is an essential requirement of the role that the successful candidate is fluent in English, both spoken and written;
  • Deadline-driven with the ability to navigate ambiguity and manage multiple assignments
    simultaneously in a fast-paced environment;
  • Strong interpersonal skills, ability to work with cross functional teams. Ability to communicate and integrate effectively at all levels of the organisation;
  • Excellent problem-solving skills, reporting skills and follow up are a must; and
  • Organised and capable of managing multiple flows of information.

Please note that all candidates selected to commence the recruitment process will undergo an internal background screening process.

To apply:

Please send your updated curriculum vitae to: quoting the reference Elkstone – – RE Development PM 2022. Good luck, we look forward to hearing from you!

We thank all candidates interested in working at Elkstone, however, only candidates who will be selected to commence our recruitment process will be contacted. Elkstone does not currently require any recruitment agency’s help with this recruitment process. Please do not forward any application/any detail of any candidate.

Elkstone is an equal opportunity employer.