Junior Asset Manager - City of Cape Town, Western Cape, South Africa - CA Financial Appointments

CA Financial Appointments

Verified Company

City of Cape Town, Western Cape, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

This is an exciting opportunity for someone with a Financial / Property Financial Degree to join a growing company in Property

Responsibilities:

Support to Asset Managers relating to portfolio on operational management and sales/acquisitions
Support sales and acquisition processes (property fact sheets, feasibilities, and diligence
Operational management and reporting of portfolio
Management of property portfolio through property management teams
Identification and implementation of capital expenditure measures
Compiling reports for fund manager/investors
Negotiation of lease renewals and new leases
Annual budgeting and monitoring forecasts and expenses
Assist efficient management of multiple properties
Monitoring of the performance of assigned properties within the property portfolio, minimising risk, and maximising profits
Assist in the negotiation of new lettings, lease renewals and finance
Support senior asset managers in daytoday business, particularly liaison with property managers
Working closely with the Asset Managers and Property Management teams to ensure the smooth and efficient management of assets
Prepare and adhere to financial budgets for the properties in the portfolio. Actively participate in the budget process of the assigned properties with the Property Finance Team
Be responsible for financial management of properties
Liaise with investment accounts and other inhouse staff on all property related matters
Prepare policy documents where required and continually look to improve performance and reporting standards
Cross check valuations received on assigned properties and provision of supporting data
Negotiate with third party suppliers to ensure value
Keep senior management informed of activities and of any issues that arise, along with proposed solutions and potential impacts
Manage risks within the portfolio and ensure timely action where relevant to maximise the return within the fund and efficient use of resources
Assist with preparation of business cases for relevant proposed expenditure outlining rationale, programme, resources required and budget
Assist in management of thirdparty design teams to produce the optimised design solutions for properties maximising return and minimising risks such as planning, construction, and development
Ensure that full and detailed procedure notes are available for all functions and that all work is reviewed and signed off in accordance with procedures