Asset Manager
RecruitSmith (PTY) LTD Cape Town
PURPOSE OF THE ROLE:
The purpose of this role is to maximize return, extract and enhance value for each of the properties in the portfolio allocated
to the Asset Manager, including assisting in all aspects of the administrative, financial, capital and strategic operations of
performance indicators including financial, vacancies, arrears and legal issues.
The purpose of this role is to maximize return, extract and enhance value for each of the properties in the portfolio allocated
to the Asset Manager, including assisting in all aspects of the administrative, financial, capital and strategic operations of
the assigned portfolio.
REQUIREMENTS- Relevant Tertiary qualification [Property Studies / CA(SA)]
- Min 5 – 7 years’ experience directly related to the duties and responsibilities specified.
- Practical financial experience and experience in Valuations and Property Development will be advantageous.
- Excellent level of computer literacy with Microsoft Word, Advanced Excel and PowerPoint
- Strong analytical and organizational skills with a creative entrepreneurial mind set.
- Proven ability to negotiate and conclude transactions or contracts with high profile stakeholders.
- High attention to detail and accuracy
- Ability to work independently and proactively.
- Excellent verbal and written communication skills
- Strategic and proactive approach to problem solving.
- Relationship management skills
- Team player and results-oriented, with good commercial sense.
KEY PERFORMANCE AREAS
FINANCIAL- Assist in the development and implementation of business plans and revenue maximization strategies.
- To contribute to a strategic plan for the allocated portfolio and to make recommendations to the business
- To provide the business with recommendations on improving the property portfolio (disposal of assets,
- Take full accountability for the property budgets for the allocated portfolio.
- To ensure monthly performance of the portfolio exceeds budget and relevant industry benchmarks by steering
performance indicators including financial, vacancies, arrears and legal issues.
- To create and improve the usage of business intelligence and reporting to support strategic decision making
- Assist with Developments and Projects in ensuring integration with the Asset Management Team
- Assist with Due Diligence procedures in relation to asset acquisitions and disposals.
- Assist Asset Management with the Property Valuations
- To conduct a physical inspection of every property in the portfolio on a regular basis, ensuring that items
- Provide insight & feedback on the day-to day operations.
- Ensure optimum operational management: Ensure that the service providers deliver the best possible service
- Interpret and report on specific ratios and benchmarks such as foot-count, turnover densities.
- Identify and implement strategies to improve the abovementioned benchmarks.
- To utilize market research and market intelligence to manage the marketing strategy to include target market
- To build and maintain relationships with tenants with particular focus on business development management.
- Monitors all leasing activity to ensure maximum occupancy and income, review and advise on tenant mix
- Prepares financial analysis to support lease recommendations.
- Determine and implement leasing strategies for your portfolio of properties.
- Tenant interaction: interact with national and major tenants as and when required (deal with Tenant Queries on
- Cost control measures and managing operating margin.
- Utilities Management/Optimization and ensuring correct building and tenant recoveries (including Solar)
- Drive Building projects with the Project/Facilities Team
- Ensure Building Compliancy with Regulations
- Takes full accountability for property portfolio.
The Legends AgencyCape Town
Assistant Asset Manager
Join a fast-growing UK property management team from Cape Town full training provided
Remote (Cape Town-based) with strong hybrid potential, R30,000/month
About Our Client
Our client is a dynamic and growing property...
Top Talent Professional ServicesCape Town
Management
IT Training: MS Word, MS PowerPoint, MS Excel, MS Outlook (advanced skill level).
Market related salary...
Hewitt Colenbrander Recruitment / HC RecruitCape Town
projects
6. Manage approvals and procurement
7. Handle Body Corporate matters and approvals
Behavioral Competencies:
1. Excellent communication skills
2. Reporting skills
3. Stakeholder management
4. Cost-control mindset
Please Note: Only shortlisted...