Senior Portfolio Director for Retail Properties
16 hours ago
**About People Dimension**
We are a leading company that provides innovative solutions for property management and development.
About the Role
As our new Senior Portfolio Director for Retail Properties, you will be responsible for overseeing the management of our retail properties portfolio, aiming to maximize value, improve tenant satisfaction, and enhance portfolio performance.
The ideal candidate will have a strong background in asset management, particularly in the retail sector, with a minimum of 5-7 years of experience. They should possess excellent analytical and problem-solving skills, as well as strong leadership abilities to drive strategic decision-making.
Duties and Responsibilities
- Retail Portfolio Management: Develop and implement strategies to optimize returns, enhance property values, and manage tenant relationships; conduct regular market analysis to keep the retail portfolio competitive and identify potential acquisition or divestiture opportunities.
- Financial Performance and Reporting: Analyze budgets, optimize revenue streams, and monitor the financial performance of retail properties, ensuring alignment with portfolio objectives; collaborate with the finance team to prepare financial reports, budgets, and forecasts for the retail portfolio.
- Risk Management and Compliance: Conduct risk assessments for the retail portfolio, identifying and mitigating risks associated with property ownership and management; oversee and implement internal policies to maintain compliance and mitigate operational and financial risks.
- Tenant Relations and Lease Management: Manage tenant relationships, oversee lease compliance, address tenant concerns, and coordinate with legal and leasing teams; review and approve lease agreements for retail tenants, ensuring they align with the company's long-term goals.
- Maintenance and Operations Supervision: Supervise maintenance activities, ensuring properties are well-maintained, safe, and meet industry standards; ensure effective vendor management and that outsourced maintenance services align with their operational standards.
- Strategic Leadership in Property Management: Collaborate with the CEO and senior leadership to align asset management activities with the growth strategy; develop and implement long-term strategies that enhance the value and profitability of the retail portfolio.
- Reporting and Documentation: Prepare and present regular reports on asset performance, including financial metrics, tenant satisfaction, and market trends; maintain up-to-date documentation on all property transactions, leases, and relevant compliance information.
Requirements:
- Education: Bachelor's degree in Property Management, Real Estate, Business, or a related field (Master's preferred).
- Experience: Minimum of 5-7 years of asset management experience, particularly in the retail sector.
Estimated Salary Range: R 1,200,000 - R 1,800,000 per annum, depending on experience and qualifications.
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