Project Director

About the role

We are seeking an experienced Project Director to oversee the successful execution of the Porta Rai project. The ideal candidate will possess extensive experience in luxury resort development and a proven track record of managing large-scale hospitality projects from inception to completion. The candidate must also have best-in-class project management skills, a strong understanding of PM technologies to achieve the highest optimisation level, an excellent ability to lead multidisciplinary teams, and strong financial acumen.

Porta Rai is a joint venture between two equal partners. The Project Director will work closely with both owners & their teams, operating at an executive level with executive and signing authority on behalf of the company JV.

Belgrad based position, with regular trips to the project site in Ulcinj.

Job responsibilities:

• Executive Leadership & Signoff Authority: Act as the executive representative for the joint venture with official authority to sign contracts, legal agreements, and corporate documentation on behalf of the entity.
• Joint-Venture Governance & Reporting: Facilitate decision-making and consensus between both partner owners, managing transparent dual reporting on project progress, financials, and strategic challenges.
• Project Life-Cycle & Operations: Lead all stages of project execution from planning to final handover, managing project schedules, operational logistics, and contractor execution.
• Quality Assurance & Risk Management: Establish strict quality control standards across design and construction while implementing proactive risk-mitigation strategies to safeguard timelines and budgets.
• Financial Oversight & Cost Control: Own the project's P&L, managing full budgeting, cash-flow forecasting, and rigorous cost control to optimize return on investment (ROI) for both owners.
• Commercial & Marketing Strategy: Direct sales and marketing efforts on unit positioning, commercial terms, and sales execution to drive project revenues.
• Stakeholder Management & Community Relations: Direct key external partners including architects, main contractors, and consultants, while building strong relationships with local business partners and community leaders.
• Regulatory Compliance & Permitting: Ensure all project activities strictly comply with local construction legislation, planning permissions, building codes, and environmental standards.
• Team Leadership & Development: Build, manage, and mentor a high-performing project team, fostering a culture of accountability, collaboration, and operational excellence.
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Requirements:

• Bachelor's degree in Business, Real Estate, Civil Engineering, Architecture, or Project Management.
• Proven track record in an Executive/Senior role, managing multi-functional teams and reporting directly to senior stakeholders or JV owners.
• Strong background in managing scope, schedule, cost, risk, and commercial results across the complete design, development, and construction lifecycle.
• High proficiency in budget management, financial reporting, P&L ownership, and directing commercial/positioning strategies.
• Hands-on experience with project control tools (MS Project) and cloud software (Google Workspace); ability to read and challenge design/BIM outputs (AutoCAD, Revit).
• Fluent English (verbal and written) with ability to draft and negotiate legal and commercial contracts.
• Exceptional executive decision-making, diplomacy, negotiation, high ethical standards, and a proactive, autonomous mindset.

Strong Advantages

• Direct experience in large-scale real estate, mixed-use, or hospitality developments (specifically 300+ key resort/hotel projects or >70,000 m² GBA).
• Practical familiarity with the local Montenegrin regulatory framework, building codes, and permitting processes.
• Proficiency in Montenegrin, Serbian, or other regional languages.
• MBA/postgraduate business degree; professional certifications such as MRICS, PMP, PRINCE2, LEED AP, or BREEAM AP.

What we offer

• Attractive incentives, based on completion of project KPIs.
• Great working environment.
• Young, ambitious team.
• Working on and developing: landmark projects, on prime seafront locations, attractive touristic infrastructure in Montenegro, project, which will establish exclusive/trendy locations in coastal areas.
• Project which will influence Montenegrin hospitality and tourism industries, which will be recognizable in the Mediterranean area.