Head of Residences

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Responsible for defining and managing the Group's Residences and Exceptional Homes (MOXH) business strategy with full P&L accountability, providing functional expertise in design and operations, and oversee the development and management of the Group Residences portfolio as well as providing senior mentorship and guidance to the leadership of The Residences organisation and MOXH business unit (direct reports).

• Directly accountable for all aspects of the Residences division including development, branding and marketing (in cooperation with the SVP Brand), pre-opening, and ongoing operations, and assists in the development of a sound business model as an important component of the Group's core competences.
• Responsible for providing oversight and guidance to MOXH business unit leader, and sharing responsibility on growth plan and P&L delivery, to ensure alignment of Residences and MOXH strategies and development to the defined Group strategy, representation of MO Brand to the highest standard, and making sure the business is financially sound through budgeting, resource allocation, and performance monitoring oversight. As well as capitalising on synergies from a day-to-day management and operations perspective.

General:

• Proactively assesses, develops, implements, and exploits strategic opportunities to positively impact Group shareholder value, through value-adding initiatives to increase sales value and velocity, as well as creating or owning additional revenue streams.

Residences leadership:

• Responsible for residential projects from development through, and including, the management of ongoing residential operations.
• Works closely with joint venture partners, project owners/developers and Group senior management to evaluate and execute business opportunities consistent with the Group's residential strategy, and interfaces with Group functional and operational units providing relationship, contract, and financial expertise.
• Focused on key business attributes (ROIC, earnings impact, budget and cost constraints, analysis of strategic alternatives, etc.) and liaises with stakeholder departments (Development, Brand, Marketing, Technical Services, IT&T, Finance, Legal, Operations, etc.) while providing key residential expertise to the enterprise.
• Responsible for departmental budgeting, and tracking, monitoring, invoicing and forecasting fee income.
• Performs other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements, including negotiation of selected standalone opportunities.

MOXH leadership:

• Provide strategic oversight and guidance to the MOXH business unit leader, ensuring alignment between Residences and MOXH strategies with the overarching Group strategy.
• Collaborate with the business leader to develop and implement effective business strategies that drive growth and innovation within the MOXH unit.
• Share responsibility of delivery of ambitious five year growth plan.

Job Requirements:

• Education - Bachelor of Science in Hospitality, Law, Finance, Business, Economics, or other commercial real estate-focused concentration. Advanced education (e.g. MBA) a plus.
• Experience - Minimum of 10-15 years of relevant senior management experience in luxury, real estate, and/or residential communities, private equity, law or finance with focus on hospitality and/or other commercial or luxury residential real estate during which the candidate has demonstrated success and advancement and implementation of organisational goals.
• Special skills - Excellent communication skills in all aspects: verbal, written and non-verbal. Strong organisational skills and experienced in developing procedures and programs. Negotiating skills? Quality driven with a passion for excellence. Must possess excellent organisational, analytical, interpersonal and leadership skills. Approachable, openminded and fair. Team player. Brand ambassador. Flexible work hours to meet the demands of a global role. High energy. Expert proficiency in Microsoft Office (including Microsoft Word, Excel, PowerPoint, Outlook, inter alia).
• Additional languages would be beneficial.
• Global focus and international experience preferred.