Business Development Associate
At a glance
Entry-level Business Development role at Cove Living Pte Ltd. Jakarta · contract.
Pay not stated
Growth Roles summary, based on the employer's posting.
What you'll do
- Find property prospects, assess site feasibility, and compare market conditions with pricing
- Build financial models for prospective deals and evaluate their projected performance
- Help shape proposals, negotiate with counterparties, and move agreements through legal paperwork
- Coordinate refurbishment projects after signed deals, while developing new sub-markets and partner relationships
What you bring
- At least one year in real estate, startups, property management, or hospitality, with strong-potential graduates also considered
- Experience carrying a transaction from due diligence through completion of legal documentation
- Working ability in Microsoft Excel and PowerPoint, supported by analytical and organized execution
- Local residential or hospitality market knowledge and an established network across agents, landlords, or developers are strongly preferred
Who this fits
You’ll suit a junior business development role focused on property transactions, financial analysis, negotiations, and partner outreach. The position is a six-month contract with possible permanent employment, based in Jakarta on a hybrid arrangement, reporting to the Head of Business Development.
From the employer
Cove started with renting coliving spaces. Now we’ve expanded to more than just coliving spaces, providing flexibility for comfortable and enjoyable long term or short term stays in our beautiful properties. With over 6000 rooms across Singapore and Indonesia, we’re living our mission and growing our homes in South Korea and Japan.
Believing in the power of a team, we aim to build the leading tech flexible living platform in Asia Pacific, providing high quality and community-centric accommodations. Here we also encourage authenticity and fun to fully embrace being human in a driven and result focused environment to make things happen and ensure the dream becomes a reality.
With an office located in the bustling Blok M area, our Jakarta office is easily accessible by public transport and surrounded by a wide array of trendy eateries, creating an ideal environment for work-life balance and convenience.
Come enjoy the journey with us and become a Cove Superstar!
Job Title: Business Development Associate
Job-Type: 6 months contract with potential for permanent employment
Reports To: Head of Business Development
Location: Jakarta (Hybrid)
What you’ll be doing:
- Source real estate opportunities, conduct site feasibility, market and pricing analysis.
- Conduct pro-forma financial projections and analysis.
- Support on structuring and preparation of proposals process to counterparty.
- Support the negotiations and legal documentation process.
- Assist with project management of signed deals that require refurbishment works.
- Identify new sub-markets for business growth.
- Build and maintain relationships with investment partners, owners and service providers.
What makes you a great fit:
- A minimum of 1 year of working experience in real estate, start-up, property management, or hospitality industry.
- Fresh graduates who demonstrate strong potential and a learning mindset are welcomed to apply.
- Preferably tertiary qualified in Real Estate, Business, Economics or a related field.
- End to end deal transaction experience from leading due diligence to legal documentation.
- Experience in account management is a plus point
- Strong preference for candidates with local market knowledge of the residential and/or hospitality landscape as well as candidates with strong existing network (across agents, landlords and developers) to source for real estate opportunities
- Good business acumen and knowledge of current business trends.
- Team player with good communication and interpersonal skills.
- Analytical, detailed oriented, creative problem solver.
- Organized and able to prioritize tasks to accomplish them effectively.
- Proficient in Microsoft Excel and PowerPoint
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