Asset Management Consultant (Real Estate)
AtripleA Recruitment & Temps
- Sandton, Johannesburg
- R500,000 per year
- Permanent
- Full-time
Permanent
R500 000.00 (negotiable per annum)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.
- In addition to following our Clients policies and procedures, principle accountabilities include but are not limited to:
- 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)
- 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
- 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
- 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
- Understanding and analysis of mini markets
- Improving systems i.e. Lease expiry reports, Landlord contact details etc.
- 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.
- 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
- 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
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