AddressJob posted: 01/05/2024
At Development Victoria, we work flexibly and value diversity, and we invite you to talk to us about any preferences or adjustments you may value or require to either our recruitment process or the role itself.If you identify as a person with disability, please let us know how we can provide additional support to your application.
About Us
At Development Victoria, we create places for people.
We reimagine iconic places to transform them for future generations, unlock public land to develop connected and sustainable precincts, and build affordable and diverse homes where they’re needed.
We’re a government agency delivering places that make a genuine difference to the people of Victoria, and we partner with government, industry, and community to make it all happen.
Our unique and rewarding career opportunities are enhanced by our diverse range of projects that really matter to people and to the future of our state – making every workday worthwhile.
We are proud to support a culture where our people thrive because of the diversity that they bring – this is recognised as key to the success of our organisation. We respect and value individual talents and contributions and harness those strengths to achieve results we can all be proud of.
Job DescriptionAbout the Role
To work with a broad range of stakeholders to identify, devise and deliver bespoke asset strategies with the right balance between policy and commercial outcomes, develop and implement commercial models for investment facilitation and delivery of projects. Work proactively and cooperatively to resolve competing stakeholder needs within the corporate portfolio, monitor market trends, Government policy, competition, and industry developments to identify opportunities for growth and improvement.
About You
- Tertiary degree or higher qualification in property, finance, project management, valuation or related fields.
- Extensive experience in the finance facilitation, negotiation and/or delivery of property and capital investment assets.
- Substantial experience in leading, influencing and managing people to generate successful results.
- Expertise in the preparation and analysis of financial feasibility modelling, budgeting and tight cost monitoring to achieve commercial outcomes.
- Track record in successfully managing and executing property transactions / acquisitions.
- Substantial understanding of industry best practice and opportunities for market innovation.
- Considerable knowledge of corporate planning and decision making processes.
- Demonstrated experience and a proven track record in managing and influencing multiple complex stakeholder relationships and liaising with all levels of government including senior managers, executives and ministers.
- Experience in the analysis of complex strategic matters in relation to the planning and management of investment partnerships to assess risks and opportunities.
Key Accountabilities
- Develop and deliver the strategic vision and agenda to deliver investment portfolio outcomes in line with Corporate Plan and Government policy.
- Formulate and implement stakeholder relationship and communication strategies to ensure the benefits of Development Victoria’s investments are understood, supported and responsive to stakeholder needs and priorities, with a focus on delivering innovative affordable investment solutions that enhance and create value.
- Promote and demonstrate the Development Victoria values and sustainability objectives to all employees and stakeholders, and in all work undertaken.
- Formulate and execute investment strategies, from origination through to value-add repositioning of existing assets. Strategy recommendation to be appropriately based on an assessment of project risk, return and policy objectives.
- Identify and develop potential capital transaction opportunities, including investigation and negotiation of divestment strategies.
- Lead the preparation of investment proposals, financial feasibility models and analyses of the potential of new projects, to deliver an acceptable investment outcome before being considered by the Development Victoria Investment Committee and Board.
- Manage funding, finance, tax and legal strategies and models for new investments, financial models, risk management initiatives, programs, asset management systems and reporting mechanisms. Identify and implement ongoing improvements to these models and systems.
- Work across DV to identify opportunities where its strategic objectives and policy deliverables may be embedded through property investment assets and proposals.
- Work closely with the Finance and Operations Groups for the ongoing facilities, tenancy and funding management of property investments.
- Lead, manage and inspire the Investment Strategy team.
- Identify and manage learning, development, and training opportunities for employees in the team to address development needs and improve employee skill levels.
- Monitor and assess performance of direct reports regularly (including performance appraisal) to provide ongoing feedback and identify development needs.
Our Culture
At Development Victoria we provide unique and rewarding career opportunities, enhanced by our diverse range of projects that really matter to people and to the future of our state – making every workday worthwhile.
We actively encourage sharing of knowledge and best practice across our teams. We respect and value every individual’s talents and contribution and harness these strengths to collectively achieve the kind of results we can all be proud of.
Development Victoria is an equal opportunity employer and is committed to making employment related decisions without bias or discrimination.
The preferred candidate will be required to complete a national police record check prior to an offer of employment being made.
If this sounds like you, please apply by submitting your resume and a single-paged cover letter by Sunday 19th May 2024.
To apply for this role, you will be redirected to the Development Victoria job application system.
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