Director of Development/Construction

Director of Development (DOD)

Role Overview:

The Director of Development (DOD) will lead a best-in-class development function.

DOD will be responsible for:

1. Collaborate with financial resources (internal and external) to complete financial models (individual ROI / IRR models), overall capital planning (multi-year development planning) and market analysis.
2. Site search and selection.
3. Negotiate Business terms and structure (LOI).
4. Negotiate Lease(s) in conjunction with external legal resources.
5. Buildout cost projections based on historical results and real-time market research results.
6. Quality control on projects and oversee punch list, 6 mos "check-up" and 1 year warranty visit on all work.
7. Sunda development to align with the company's vision.
8. Project & contract management during buildout, including leveraging and leading project management resources (internal and external).
9. Passion for protecting and enhancing brand execution that strengthens consumer relationships.
10. Direct oversight of all professional services including; general contractors, all related development contracts with third parties, architects, designers, engineers outside of MEP managed by architects (e.g. AV, lighting, other) and legal.
11. Highly organized and proven ability to manage multiple projects simultaneously.
12. A strong desire for the pace of work, diversity of projects and responsibilities that a startup requires.
13. Implement quality control and compliance measures to maintain the highest level of service, customer satisfaction and positive vendor relations on a constant basis.
14. Oversee internal insurance programs / insurance for vendors (ability to bring additional commissions to company).
15. Evaluate, review, and analyze Food and Beverage performance on a quarterly basis (or more often as requested) in order to oversee purchasing. Including but not limited to staffing levels, external and internal customer satisfaction, cost of sales, sales trend, contribution margin, marketing, sales plan implementation, results, and compliance.

Duties and Responsibilities:

1. The DOD will work closely and in concert with the CEO and executive team to plan, budget, analyze and execute the company's business growth development plan.
2. The DOD will lead the growth development plan from market analysis and site selection to pro forma to groundbreaking to punch list and everything in between.
3. Business Development - enhance revenue through menu development, pricing strategy, and other incentive and marketing techniques as well as explore ancillary business to generate additional company revenue.
4. Investor relations - meet with, bring in and foster new relationships with investors.
5. The expectation for the DOD is no surprises, they will deliver new projects on time (meaning delivered to our operations/training team as committed), on budget that achieve expected sales projections.
6. He/she will oversee a complex real estate portfolio that focuses on delivering 2 to 3 new sites annually and includes the ongoing oversight of all real estate assets.
7. Based in Nashville, Chicago, Detroit, Tampa or able to travel as needed to perform essential duties. Including travel to Company locations, offices, construction sites or to review potential real estate acquisitions.
8. Sales for new client acquisitions.
9. The DOD will manage goals that tie to the company's strategic business plan and financial expectations.
10. The DOD will be bonused on attaining profitable growth while identifying and mitigating challenges in a cost-effective, brand-appropriate and timely manner.
11. This leader will live Sunda New Asian's core values and embrace our core behaviors.

Competencies:

1. Analytical - Synthesizes complex and diverse information; Collects and researches data.
2. Strong Excel or Numbers spreadsheet skills.
3. Ability to learn and work with third party real estate analytics on a regular basis.
4. Project management - Develops project plans using Gantt Charts or other tools to track timelines and understand status and implications of; Coordinates projects; Communicates changes and progress.
5. Oral communication - Listens thoughtfully and pursues clarification as needed; Responds well to questions; Delivers strong presentation skills.
6. Written communication - Writes clearly and informatively; Varies writing style based on audiences and to meet needs; Presents numerical data effectively.
7. Teamwork - Balances team and individual responsibilities; Exhibits objectively and openness to others' views. Effectively collaborates with multiple leaders and related disciplines.
8. Displays passion and optimism; Aligns with the company's core values and lives the core behaviors. Inspires respect and trust; Mobilizes others to fulfill the vision. Provides vision and inspiration to peers and subordinates.
9. Change management - Identifies problems and opportunities and develops workable implementation plans to mitigate problems and to maximize opportunities; Communicates expectations related to changes effectively. Builds commitment and oversees resistance.
10. Quality management - Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.
11. Business acumen - Uses strong critical thinking skills to understand business implications of decisions; Displays orientation to profitability. Demonstrates or acquires