Executive - Asset Management Commercial
4 days ago
Description
A leader in its industry is currently seeking for an experienced Commercial Property Manger to join its team.
**The successful applicant duties include but not limited to**:
- Completes and reviews investment reviews of assets including formulating investment recommendations, determining valuations for fee purposes, and determining whether a market exists for the asset
- Makes recommendations to the appropriate management committees regarding the value enhancement of assets and the suitability of retaining the asset
- Screens new business assets & provides recommendations regarding acceptance of the asset
- Manages asset looking at current ownership structure, financial statements, business operations, insurance and other important matters associated with the assets
- Monitors newly assigned assets to assure that they are placed on record, coded correctly and valued appropriately
- Analyze and provide property portfolio information and make recommendations regarding investment performance/ opportunities
- Track and analyze property market trends
- Prepare analysis and monitor performance on the key performance metrics to the business being leasing performance, income, expense and returns
- Establish and maintain mutually beneficial relationships with property managers requirements
- Financial Management
- Conducts financial analyses to evaluate and recommend lease vs. purchase decisions
- Completes any required forecasts, budget analyses and reports of activities
- Analyze monthly performance and budget projections and compare it to annual management plan and budget, and adjust strategies accordingly
- Developing year on year business plans to achieve savings targets and working closely with the finance team to produce monthly financial status reports and future forecasts
- Evaluating investment potential, recommending the investment policy, and assisting in or handling the sale
- Assess Economic and Contracting models related to the portfolio
- Responsible and accountable for effectively managing and developing the Asset Management Team
*
**Minimum Requirements**:
- Relevant 3-year degree (NQF level 7) BSc in Property Studies/QS (an advantage), building construction, Engineering, Architecture, quantity surveying or property project management or Finance
- 8-10 years experience in Commercial Property market, 8 years management experience in Commercial Management and/or Commercial Asset Management; at least 1-3 years financial modeling experience (an advantage).
**Job Types**: Full-time, Permanent
**Salary**: R1,500,000.00 - R1,700,000.00 per year
Ability to commute/relocate:
- Centurion, Gauteng: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Bachelors (preferred)
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