Job Description

Job Advert Summary

Position: Junior Property Development Analyst

Location: Head Office - Westville, Durban, South Africa.

Job Type: Full-Time

Company Overview

A leading supermarket and liquor store retailer in South Africa, boasting an estate of approximately 540 stores and liquor outlets, along with six distribution centres. Most of the estate is situated in leased premises, ensuring optimal operational efficiency and market reach.

The incumbent will be responsible for overseeing the management of the lease salient details of the company's extensive portfolio of leased properties. Support Property Managers in renewal negotiations and be responsible for the management, optimisation, and strategic planning of the company owned properties ensuring that all assets are effectively utilized, maintained, and aligned with the company's financial and operational objectives. Play a vital role within the Development Team by evaluating potential development opportunities, conducting financial analysis, and providing insights to support sound decisions.

Minimum Requirements

Qualifications:

Bachelor's degree in Finance, Property Studies, Economics or a related field. A minimum of 3-4 years of experience in a similar role, with exposure to property development and financial analysis. Proven experience managing a large portfolio of leased properties. Strong financial acumen with experience in budgeting, financial analysis, and reporting. Excellent negotiation and communication skills. Strong organisational and problem-solving abilities. Knowledge of South African property laws and regulations.

Skills and Competencies:

Advanced analytical and problem-solving skills with proficiency in organizing and interpreting complex data. Strong mathematical acumen and the ability to translate data into actionable insights. Excellent verbal, written, and visual communication skills, including report writing and presentation delivery. Experience managing and monitoring budgets. Strong time management and organizational skills with a systematic approach to workload. Ability to work under pressure and meet deadlines. Proficiency in Microsoft Office Suite. Strong interpersonal skills and the ability to build and maintain relationships. Attention to detail and a proactive approach to problem-solving.

Duties and Responsibilities

Key Responsibilities:

Portfolio Management:

+ Develop and implement strategies for the optimal utilization of all owned assets. + Monitor and evaluate the performance of the property portfolio, ensuring alignment with business objectives.

Lease Management:

+ Provide support to Property Managers in negotiating lease renewal terms and conditions to secure favourable agreements. + Manage lease renewals, terminations, and extensions salient details. + Ensure compliance with lease agreements and mitigate risks associated with lease obligations linked to lease salient details.

Financial Management:

+ Develop and manage the asset management budget for Boxer owned properties. + Analyse financial performance of the asset and leased store portfolio, identifying areas for cost savings and value enhancement.
+ Prepare regular financial reports for senior management.
+ Data and Financial Analysis/ Budgets and Forecasts
- Gather and interpret data to identify trends, patterns, and
- Create and assess financial models to evaluate the feasibility of projects. (Feasibility studies, including Return on Investment (ROI) analysis).
- Conduct financial analysis on current store performance, potential acquisitions, new development and new opportunities.
- Budgets - develop, monitor and forecast

Strategic Planning:

+ Support business in the development of long-term strategies for asset acquisition, disposal, and enhancement. + Conduct market analysis to identify opportunities for expansion.
+ Collaborate with senior management to align asset management strategies with overall business goals.

Stakeholder Management:

+ Build and maintain strong relationships with landlords, property managers, and other stakeholders. + Work closely with Executives, senior property, projects teams, and stakeholders to align on goals and strategies
+ Act as the primary point of contact for Property Managers on all asset-related inquiries and renewal negotiations.
+ Ensure effective communication and collaboration with internal departments (including finance, operations, and legal).