Commercial Portfolio Manager

3 days ago

Cape Town, South Africa IT STAFFING Full time

**Strong emphasis are placed on providing outstanding leadership to the team and ensuring a high standard of service delivery to their commercial clients.**
**_Requirements & Competencies_**
- 5 to 7 years property management experience within the Commercial sector.
- A tertiary qualification preferably associated with Property Management will be advantageous
- Knowledge of Commercial leasing principles and lease agreements
- Sound knowledge of financial accounting principles
- Basic technical knowledge of buildings e.g., Electrical, plumbing and construction
- Must have the ability to attract, develop, measure, and retain competent and committed human resources to enable achievement of business targets and objectives
- Must have the ability to organize, lead and control in the work environment to achieve certain business objectives
- Must be analytical
- Must have ability to communicate effectively at all levels
- Must have the ability to accurately give an account of information pertaining to the performance of outputs
- Must have the ability to analyse exposure to risk and determine how best to handle that exposure
- Sound knowledge of the business environment, the relevant role players within the business and their key responsibilities and outcomes ie; Commercial market indicators
**_
- **

**_Key Performance Areas_**
**Budget Management**

Manage and oversee budget process in line with portfolio strategy and growth objectives.
**People Management**:

- Determine human resource requirements and manage a team consisting of
- Property Manager
- Facilities Manager
- Leasing Consultant
- Credit Controller
- Project Manager
- Develop and implement strategic plans with objectives and direct the team accordingly
- Provide leadership and guidance to the team
- Set clear performance targets for the team
- Ensure performance management is done in a consistent way throughout the portfolio
**KPI Management**:

- Benchmark of KPIs against the market
- Draft and drive implementation of strategy for the Portfolio.
- Strategy to deal with initiatives to ensure KPIs of the portfolio are met
- Manage Portfolio Net Income vs Budget
- Manage property leasing to minimize vacancies
- Monitor and manage capital expenditure against the budget
- Manage arrears
- Develop and implement tenant retention strategy for portfolio
**Reporting**:

- Report on portfolios performance: monthly income statements, vacancy reports, arrears capital projects and interpretation of variances
- Produce high-level executive summary
- Ensure a high standard of reporting
**Other**:

- Ensure policies and procedures are implemented consistently;
- Initiate Refurbishment and development opportunities within the portfolio
- Facilitate property sales and acquisitions as guided by the Asset Management
- Ensure that all buildings comply with all building regulations in conjunction with Facilities Management
- Build and maintain relationships, with key players in the property industry by utilizing the Client Relations Management (CRM) system.

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