Website Redline Recruitment
Senior Asset Manager Needed for Property Development Firm – Pretoria
To assist with the management of the strategic property portfolio in accordance with the respective mandates and to maximise return and ensure constant growth in net income for the directly held portfolio, through thorough asset management activities.
Key Performance Areas:
• Maximise total return through minimising costs, vacancies, arrears and maximising income
• Understanding and ability to identify risk
• Develop and implement asset management strategy
• Manage lease profile
• Involvement in preparation and management of property budget
Key Responsibilities:
• Financial
• Meet and exceed benchmark returns
• To maximise the value of the portfolio
• Identification and management of internal and market risk to ensure stability of cash flow
• To enhance the performance of all investment properties within the portfolio
• To ensure effective financial performance reporting to internal governance structures
• Growth of portfolio
• Internal Business Processes
• To contribute to the effective implementation of Asset Management processes and strategy
• To effectively communicate with the relevant departments
• To ensure compliance with internal audit processes and recommendations
• To consolidate, analyse and report on Key Performance Data regarding the portfolio
• Customers
• To accurately report on portfolio performance to the respective structures
• To monitor performance of property management agent in line with KPI’s
• To develop mutually beneficial relationships with property management teams
• Learning and Growth
• Attendance of conferences
• To gain and develop knowledge in specialised property IT systems
• Property Courses, Seminars
• Performance reporting – models for calculating performance measures
• Understanding valuation models
• Investment decisions – structure of portfolio
• Understanding Financial Statements
• Decisions on tenant mix and leasing
• Decisions on input for property budgets
• Decisions on management of budget
• Decisions on investments
Requirements:
Qualifications: Honours Degree qualification in Property
Knowledge (job specific) Competencies:
• Property Law
• Keep abreast of latest property trends
• Understanding financials/finance
• Understanding lease agreements
• Understanding specific risks to a property portfolio
• Understanding budget process
• Property valuation models
Skills (job specific) Competencies:
• An understanding of the economic drivers of property markets, the aptitude to grasp and interpret financial statements and the ability to utilise this knowledge to assist in building a reliable and high performing portfolio
• Ability to pay attention to detail
• Ensure that scheduled tasks are completed on time
• Requires the ability to translate technical information / findings/ research into investment decisions
• Good communication skills are essential to ensure timely delivery of appropriate research and in consulting with managing agents
• Analytical
• Problem solving
Send CVs to: lebo@redlinerecruitment.co.za
Salary Market related, depending on the Candidate’s current salary, skills, experience, etc..
To assist with the management of the strategic property portfolio in accordance with the respective mandates and to maximise return and ensure constant growth in net income for the directly held portfolio, through thorough asset management activities.
Key Performance Areas:
• Maximise total return through minimising costs, vacancies, arrears and maximising income
• Understanding and ability to identify risk
• Develop and implement asset management strategy
• Manage lease profile
• Involvement in preparation and management of property budget
Key Responsibilities:
• Financial
• Meet and exceed benchmark returns
• To maximise the value of the portfolio
• Identification and management of internal and market risk to ensure stability of cash flow
• To enhance the performance of all investment properties within the portfolio
• To ensure effective financial performance reporting to internal governance structures
• Growth of portfolio
• Internal Business Processes
• To contribute to the effective implementation of Asset Management processes and strategy
• To effectively communicate with the relevant departments
• To ensure compliance with internal audit processes and recommendations
• To consolidate, analyse and report on Key Performance Data regarding the portfolio
• Customers
• To accurately report on portfolio performance to the respective structures
• To monitor performance of property management agent in line with KPI’s
• To develop mutually beneficial relationships with property management teams
• Learning and Growth
• Attendance of conferences
• To gain and develop knowledge in specialised property IT systems
• Property Courses, Seminars
• Performance reporting – models for calculating performance measures
• Understanding valuation models
• Investment decisions – structure of portfolio
• Understanding Financial Statements
• Decisions on tenant mix and leasing
• Decisions on input for property budgets
• Decisions on management of budget
• Decisions on investments
Requirements:
Qualifications: Honours Degree qualification in Property
Knowledge (job specific) Competencies:
• Property Law
• Keep abreast of latest property trends
• Understanding financials/finance
• Understanding lease agreements
• Understanding specific risks to a property portfolio
• Understanding budget process
• Property valuation models
Skills (job specific) Competencies:
• An understanding of the economic drivers of property markets, the aptitude to grasp and interpret financial statements and the ability to utilise this knowledge to assist in building a reliable and high performing portfolio
• Ability to pay attention to detail
• Ensure that scheduled tasks are completed on time
• Requires the ability to translate technical information / findings/ research into investment decisions
• Good communication skills are essential to ensure timely delivery of appropriate research and in consulting with managing agents
• Analytical
• Problem solving
Send CVs to: lebo@redlinerecruitment.co.za
Salary Market related, depending on the Candidate’s current salary, skills, experience, etc.
To apply for this job email your details to michelle@redlinerecruitment.co.za
