Manager: Property Management

Manager: Property Management

Core Description:

• Responsible for maintaining property rentals by advertising and filling vacancies; negotiating and enforcing leases; maintaining and securing premises to provide long-term profitability of the GROUP Group.
• Responsible for liaison with property developers for acquiring stores in prime locations for rental.
• Negotiate rental and lease contracts with landlords.
• Does market research pertaining to area average income, traffic flow, consumer habits, trends and language preference.
• Portfolio optimization, regionalize and consolidation of Company business and space optimization.

Core Competencies:

Functional Knowledge

• Leasing agreements and accounting principles
• In depth understanding of market trends
• Negotiations and contract management
• People management

Functional Skills

• Property lease negotiations and contract management
• Lease administration
• Property leasing documents and contracts
• Property Quantitative Methods
• Property Finance
• Property Market Analysis
• Project Management & Planning
• Business Acumen and insight into operational management
• Financial Acumen including budgeting
• Change management
• Negotiation, Prospecting Skills, Professionalism, Internal Communications, Listening, Communication Processes

Functional Attitudes

• Thought Leadership
• Market Leadership
• Business Leadership
• People Leadership
• Personal Leadership
• Values aligned with company values.

Job Responsibilities

• Establishes rental rate by conducting benchmark exercises and market research.
• Ensure tenants attraction and retention by offering quality spaces and superior client services.
• Follow up on new lease leads and entice potential tenants within a short period of time.
• Contracts with tenants by negotiating leases and collecting security deposit/ guarantees where applicable.
• Prepare and present portfolio budgets to GROUP Exco and Board.
• Preparation of business cases and tracking of revenue streams.
• Accomplishes financial objectives by collecting rents; paying bills; forecasting requirements; preparing annual budgets; scheduling expenditures; analysing variance and reporting on the variance movements against budget.
• Resolve and attend to all tenant queries.
• Inspecting vacant units and ensure completion of repairs and renovations.
• Coordinate and manage tenant installation process.
• Maintains building systems by contracting for maintenance services.
• Secures property by contracting with security services; installing and maintaining security devices.
• Establishing and enforcing precautionary policies and procedures; responding to emergencies.
• Ensure occupancy policies and procedures are followed and handling non-compliance to these policies.
• Risk management and audit of property compliance as per legislation.
• Development of property operational procedures and policies.
• Effective governance and improved internal controls.
• Compile reports by collecting, analysing, and summarising data and trends.
• Keep abreast of industry standards and procedures in the leasing portfolio.