Job Description

Job Summary EDUCATION, SKILLS & EXPERIENCE:

• 3/4-year qualification in Built Environment/ Property Studies, Finance or Economics
• Postgraduate qualifications will be an advantage
• At least 10 years' experience as a Real Estate environment.
• Property Development Management experience of 3 years or more will be an advantage.
• Strong Verbal and Written Communication Skills
• Computer Literacy
• Intermediate to advanced Microsoft Excel Knowledge & Skills
• Intermediate to Advanced Microsoft Word Knowledge & Skills
• Intermediate to Advanced Microsoft PowerPoint Knowledge & Skills
• Preparing and presenting reports to a Senior Management/ ExCo audience;

KEY RESPONSIBILITIES:
Departmental Management

• Establish and manage departmental infrastructure
• Maintain department's relevance to strategic mandated of the business;
• Departmental budget preparation and management;
• Recruitment and retention of staff in accordance with departmental organogram
• Identify and execute on training and development opportunities for departmental team members;
• Manage performance outcomes through KPA & KPI performance tools

Asset Management

• Optimise existing portfolio performance
• Develop Asset Management policies and procedures and implement best practices;
• Ensure the timely preparation, and facilitation of approval of OpEx and CapEx budgets annually;
• Guide the analysis of the Cost to Income and EBITDA ratios of all properties in order to draw relevant insights and inform decision making;
• Identify trends in cost of various properties
• Improve EBITDA ratios of properties through deliberate intervention via an Operational Capital expenditure programme and other Operational enhancements.
• Identify properties which are underperforming, with no further EBITDA improvement opportunities, to be consider for disposal

Property Acquisitions & Disposal

• Origination & Sourcing
• Pipeline development through property broker network and establishing relationships with key stakeholders (Developers, Universities, Municipalities etc.)
• Mapping of ownership profile of key areas/ markets
• Research property prices and relevant property data gathering

Performing appraisals and feasibility studies

• Facilitate design of architectural floor plans
• Procure cost estimate from Quantity Surveyors
• Conduct Market Research on student and retail rentals
• Audit of zoning and rights
• Investigate and confirm availability of bulk services
• Determine maximum acquisition price
• Model property investment returns
• Present comprehensive Investment Case to Directors and Investment Committee
• Perform post investment reviews

Negotiating and Managing Acquisitions & Disposals

• Interact with brokers and negotiate commission
• Direct negotiations with owners of land/ property
• Manage drafting and conclusion of Sale and Purchase Agreements with Attorney's & Sellers
• Lead the Due Diligence process for acquisition of properties
• Manage the conveyancing process with attorneys and sellers and bankers

Institutional Tenders

• Ongoing monitoring of institutional and other websites to identify opportunities to develop and/or manage accommodation for Universities;
• Submission and management of tender process when applicable

BEHAVIROURAL DIMENSIONS & SKILLS REQUIRED:

• Budget / Asset Management.
• Demonstrate successful contract management and team management.
• Proven ability to build and maintain strong vendor and client relationships.
• Experience in financial management and budgeting while identifying cost savings/avoidance.
• Advanced Microsoft Office experience (Excel, Word, Outlook) required.
• Innovative outlook to business for solutions providing improvements to process and technology systems
• Excellent written and oral communication skills, including presentation and negotiation skills.
• Ability to manage multiple projects and priorities.
• Ability to network at all levels within the organization.
• Flexibility and adaptability to challenging and changing business requirements is a prerequisite for this role.
• Ability to display initiative, confidence and professionalism in all dealings.
• Must be prepared to be on call and work out of normal working hours where applicable
• A commitment to customer service and the development of a customer centric team and culture.

Makhado Consulting
Recruiter