Property Asset Manager (retail)

The purpose of this role is to maximize return, extract and enhance value for each of the properties in the portfolio allocated to the Asset Manager, including assisting in all aspects of the administrative, financial, capital and strategic operations of the assigned portfolio.

FINANCIAL

• Assist in the development and implementation of business plans and revenue maximization strategies.
• To contribute to a strategic plan for the allocated portfolio and to make recommendations to the business regarding re-engineering, streamlining and risk balancing within the portfolio.
• To provide the business with recommendations on improving the property portfolio (disposal of assets, acquisitions, upgrades, renovations, development) to achieve its maximum potential.
• Take full accountability for the property budgets for the allocated portfolio.
• To ensure monthly performance of the portfolio exceeds budget and relevant industry benchmarks by steering monthly management meetings with Property Management and assessing and tracking success based on key performance indicators including financial, vacancies, arrears and legal issues.
• To create and improve the usage of business intelligence and reporting to support strategic decision making across the division.
• Assist with Developments and Projects in ensuring integration with the Asset Management Team
• Assist with Due Diligence procedures in relation to asset acquisitions and disposals.
• Assist Asset Management with the Property Valuations

STRATEGIC OPERATIONS

Requirements

Relevant Tertiary qualification [Property Studies / CA(SA)]

Min 5 – 7 years’ experience directly related to the duties and responsibilities specified.

Practical financial experience and experience in Valuations and Property Development will be advantageous.

Excellent level of computer literacy with Microsoft Word, Advanced Excel and PowerPoint

Strong analytical and organizational skills with a creative entrepreneurial mind set.

Proven ability to negotiate and conclude transactions or contracts with high profile stakeholders.

High attention to detail and accuracy

Ability to work independently and proactively.

Excellent verbal and written communication skills

Strategic and proactive approach to problem solving.

Relationship management skills

Team player and results-oriented, with good commercial sense.