Real Estate Portfolio Manager

2 weeks ago

Pretoria, South Africa Empiriq Full time

**JOB SUMMARY**

The Real Estate Portfolio Manager is responsible for managing a diverse portfolio of real estate assets to ensure optimal operation, robust financial performance, and strategic expansion. This involves leading a team of property managers, liaising with multiple stakeholders, and strategising for the enhancement of the portfolio’s value and returns.

**DESCRIPTION OF RESPONSIBILITIES (not limited to)**
- ** Portfolio Oversight**:

- Oversee the management and operational integrity of a diverse portfolio of real estate properties.
- Ensure properties are maintained to high standards and are compliant with all relevant regulations.
- **Property Acquisitions Operations & Ops Management**:

- Identify and evaluate potential property acquisitions aligned with strategic investment goals.
- Execute property acquisitions, including due diligence, negotiation, and deal closure.
- Develop and implement strategies to increase rent and non-Gross Leasable Area (GLA) income, minimize operating costs, and maximize property profitability.
- **Property Adoption**:

- Coordinate the transfer and handover processes between owners and internal departments.
- Maintain continuity of property management and operations.
- **Expense Optimisation**:

- Maximise rental income through effective tenant management including placement, retention, and eviction processes.
- Efficiently manage and recover costs to enhance financial performance.
- **Team Leadership**
- Lead and mentor a team of property managers to foster professional growth and high performance.
- Provide training and support to enhance skills and professional development.
- **Compliance & Reporting**:

- Ensure compliance with local zoning laws, regulations, and industry standards.
- Maintain ethical practices and corporate governance standards.
- Prepare and present detailed reports on portfolio performance, financial metrics, and operational KPIs to stakeholders and management.
- **Strategic planning & risk management**:

- Formulate and implement long-term strategies for property acquisition, disposition, and redevelopment.
- Align property management strategies with business objectives.
- Proactively identify and mitigate risks related to property operations and market dynamics.
- **Continuous Improvement**:
**CORE COMPETENCIES**:
**Skills/ Attitude**:

- Strong leadership and team management skills.
- Excellent analytical and strategic thinking abilities.
- Proficient in financial analysis and budget management.
- Effective communication and negotiation skills.
- Proactive and results-driven approach.
- High ethical standards and professionalism.
- Adaptability and resilience in a dynamic market environment.
- Strong commitment to continuous improvement and innovation in business practices.

**Knowledge**:

- In-depth knowledge of real estate markets, property valuation, and portfolio management.
- Familiarity with local and national real estate laws, regulations, and compliance requirements.
- Understanding of property maintenance and operations management.

**REQUIREMENTS**
- A bachelor’s degree in real estate, Business Administration, Finance, Economics, or a related field is essential.
- A minimum of 5-7 years of experience in real estate management or a related field is required, including hands-on experience with property management, acquisitions, and strategic planning.
- Must have own reliable transport to get to work and travel for work purposes.
- Must reside in Pretoria area.

**Note: This job description is a general outline of responsibilities and tasks and is not exhaustive. Other duties may be assigned as needed.**

Employment will be implemented in accordance with the Employment Equity Act.

**Starting date: 1 August 2024 (preferred).**

**Closing date: 10 July 2024.

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