Assistant Asset Manager - Sandton, South Africa - Growthpoint Properties

Growthpoint Properties

Verified Company

Sandton, South Africa

3 weeks ago

Posted by:

Thabo Mthembu

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Description

Job Title and Job Grade

Assistant Asset Manager - Office

Job grade:
D4

Job Purpose:

Carries out strategic management of the property assets by growing capital value and net income for a specific set of properties in a specific geographic node, whilst mitigating risk, in collaboration with the Office Sector Asset Managers.

Role Location

The position will be based at The Place, 1 Sandton Drive, Sandton.

Reporting Manager

The Assistant Asset Manager reports to the Asset Manager.

Core Responsibilities

Strategic financial performance with emphasis on maximising the net income growth of the Office portfolio and achieving budget
Assist with aligning Asset Management & Property Management operational performances and excellence in conjunction with sector heads and property management teams in accordance with the organisational objectives.
Facilitate the deal making process for the Gauteng Office portfolio by guiding property management accordingly
Assist with strategic management and growth of assets principally through identifying acquisition, development and disposal opportunities including conducting due diligence within the processes.
Assist with the approval of property management budgets for the Office Sector, and the compilation of the consolidated budget for the Gauteng Office portfolio. Monitor and manage performance against budget throughout the year
Review projections/forecast vs Budget on a monthly basis & implement appropriate remedial action where required
Assist with asset management business plan and property management's business plans ensuring alignment with company goals and objectives
Maintain and grow tenant relations with existing tenants and identify and foster new business opportunities.
Assist with guidance on new developments and refurbishments in accordance with Investment Criteria & Strategic Asset Management Plan
Promote sustainable business practices within the Office Portfolio and work in conjunction with Property Management and the Development division to ensure such principles are achieved.

Qualification(s)

Appropriate degree or similar qualification in Property Management and /or financial management.
Minimum 10 years within property Management with a minimum of 5 years Managerial experience.

Knowledge

Knowledge of the full spectrum of property management i.e. financial, deal making, marketing, administrative and technical components of properties
Sound knowledge of the business environment, the relevant role players within the business and their key responsibilities and outcomes
Growthpoint Policies and procedures
Asset Management and Financial accounting principles
Knowledge of property leasing and lease agreements and property contract related legislation
Knowledge of property investment principles

Skills:

Must be analytical
Must have the ability to negotiate with role players and arrive at a winwin situation in the best interest of the organization and the negotiating parties
Must have the ability to communicate effectively and efficiently at all levels in the company and to accurately give an account of information pertaining to the performance of outputs
Must have the ability to utilize the correct computer software and the relevant functionality applicable to the outcomes required
Must have the ability to manage differing views in a team
Must have experience in successfully managing people
Must have the ability to plan, organize, lead and control in the work environment to achieve business objectives
Must have good presentation skills
Must have good interpersonal skills
Must have the ability to manage time effectively
Must have the ability to identify and manage risk

Attributes