Asset Management Consultant (real Estate)

Sandton, Johannesburg, South Africa

Job Description


Job Summary Our client in the Insurance industry is seeking a Asset Managerment Consultant - Real Estate to join their team in Sandton. We are inviting applicants / suitably qualified persons to apply.Should you meet the above requirements, please email your CV to - Copy of ID, qualifications and latest payslip1. Position Purpose/Statement

  • To oversee properties that are owned, leased and sub-leased by our Client in South Africa. This position will report to the Manager: Real Estate, including other Senior Managers as required.
2. Principal Accountabilities
  • In addition to following our Clients policies and procedures, principle accountabilities include but are not limited to:
Strategic Focus
  • Lease/property Management i.e. Stakeholder Management, Major Lease Disputes and Force/ Volunteer Closure:
  • Planning, execution, monitoring and control of Asset management issues related to owned, leased, subleased and new sites of the company (Renewals, Maintenance issues, new sites
  • Stakeholder management - Provide assistance to avoid and resolve business closures & Interruptions;
  • Municipal Liaison - Provides as and when needed by the design team and other departments
  • Manage strategic landlord liaison initiatives
  • Relationship management - internal and external stakeholders
  • Cultivates and promote good working and mutually beneficial relationship with all stake holders
  • Ensure effective communication with internal and external stakeholders
  • Contract management
  • Billing disputes
  • Support Facilities management
  • Conduct site visit (Facilities management/ Landlord Snags/Municipal compliance/Stakeholder management)
Finance
  • Sustaining profitable asset base i.e. Lease Renewal, Re-imaging
  • Compiling a 3 year re-imaging plan per geographic area.
  • Prioritization and screening of Re-imaging candidate stores.
  • Alignment of franchise agreement vs lease agreement and re-imaging cycle
  • Internal communication with departmental partners for the candidate store list.
  • External communication with landlord, relative authorities, etc.
  • Consolidating master summary and get endorsement from capex committee
Job Profile
  • Finalizing business cases to follow company procedures (including sign-off) and filing.
  • Following up/communicating construction process.
  • Lease Renewal:
  • Liaison with Real Estate to determine sites identified for renewal at least Three years before lease expiration.
  • Ensuring all the renewal within required timeframes.
  • During strategic sessions with stakeholders to see if the restaurants need brand extension or reinvestment.
  • Liaison with the Ops & Finance for the estimated sales.
  • Coordinating to complete the P&L assessment. Ensuring the sum of SOI within the total renewal period is positive. If the result is negative and still intends to renew, motivation in this regard is compulsory.
  • Brief brokers to negotiation with the Landlord for the major commercial terms, ensuring the renewal rental is in according to market standards and legally meet all of our Client's parameters.
  • Completion of Store Renewal package, coordination of all supporting documentation & obtaining sign-off by appropriate management personnel.
  • Ensuring any renewal agreements are signed under company seal and executed.
  • Ensuring all documentation is filed appropriately.
  • Ensuring the signed-off renewal agreement is sent to Finance department.
  • Update of the database for the rental information, lease term or any changes.
  • Lease Rationalization i.e. Excessive lease property management, Pro-active relocation
Processes
  • PMO system
  • Reporting - Monthly reports, APMEA, PMO and Adhoc reports
  • Data/Record Management
  • Manage data bases (Master list, Landlord contact list, High Impact Reimaging and Renewal reports)
  • Liaison with relevant departments to ensure alignment with franchise agreements
  • Compliance i.e. approved plans, certificates
  • Corporate governance - Adhere to financial management processes and procedures
Learning/ Growth (Improving the system)
  • Understanding and analysis of mini markets
  • Improving systems i.e. Lease expiry reports, Landlord contact details etc.
Job Profile
  • Innovation i.e. Utility management, waste removal, Information sharing (Authority and sector processes)
  • Overseeing and managing adhoc projects as requested by senior management
  • Adhoc - Management of Suspensive conditions arising from the legal agreement; ensure that compliance certificates are available i.e. Construction and Operations
  • Reviewing and analysing post Re-imaging result to get learning.
Qualifications and Experience
  • Qualification in Law, Town Planning, Asset Management, Property Science or other related field
  • 7 years Town Planning and/or Asset/Property Management Experience
  • Knowledge of Retail Management
  • Extensive experience in contract administration and management
  • Strong commercial, acumen and negotiation skills
  • Proficient with Microsoft Office (MS-Word; MS Excel - at an advanced level of proficiency, MS PowerPoint, MS Outlook)
  • Project Management skills
Skills & Abilities
  • Extensive knowledge of legal understanding of contractual agreements and management thereof
  • Strong proactive problem solving and organizational skills
  • Excellent knowledge of protocol & etiquette
  • Ability to develop systems and procedures and manage implantation
  • Ensure effective flow of information and the management thereof.
  • Represent company at strategic municipal meetings and site visit
  • Ability to manage multiple stakeholders in complex projects.
  • Extensive skill in planning and delivering work, and maintaining composure under pressure while meeting multiple deadlines
  • Ability to establish and maintain harmonious working relationships with co-workers, staff and external contacts (Landlords/Owner operators/Operations & service providers) and to work effectively in a professional team environment
  • Exceptional writing skills, reports, memos, letters (at different levels)
  • Strict attention to detail and deadline orientated
  • Well-developed integrity, discretion and honesty
  • Skill in collecting, collating and analysing complex data, evaluating information and systems and drawing logical conclusions
Salary Range: R500 000.00 (negotiable per annum)AtripleA recruitment & tempsRecruiter

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Job Detail

  • Job Id
    JD1360481
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R500000 per year
  • Employment Status
    Permanent
  • Job Location
    Sandton, Johannesburg, South Africa
  • Education
    Not mentioned