Property Asset Manager

2 months ago


Durban, Saudi Arabia Boxer Superstores Full time

Minimum Requirements

Qualifications:

  • Bachelor’s degree in Property Studies, Real Estate, Finance, or a related field.
  • A minimum of 4-6 years of experience in asset management, real estate, or property management.
  • 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 is paramount.
  • Strong organisational and problem-solving abilities.
  • Knowledge of South African property laws and regulations.
  • Advanced MS Office skills
  • Valid Driver’s license
  • SAP is advantageous
  • Proven experience in developing processes

Skills and Competencies:

  • Strategic and analytical thinking and planning.
  • Ability to work under pressure and meet deadlines.
  • 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:

  • Oversee the entire portfolio of leased premises, including ±500 stores, and the distribution centres.
  • Develop and implement strategies for the optimal utilisation of all 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 terms and conditions to secure favourable agreements.
  • Manage lease renewals, upgrades and extensions. 
  • Ensure compliance with lease agreements and mitigate risks associated with lease obligations.

Financial Management:

  • Analyse financial performance of the asset portfolio, identifying areas for cost savings and value enhancement.
  • Prepare regular reports for senior management.

Maintenance and Compliance:

  • Ensure all properties are maintained to the highest standards between property landlords and Boxer’s maintenance department.
  • Oversee property maintenance schedules and ensure compliance with health and safety regulations, in conjunction with the OHS department.
  • Coordinate with property owners, property managers and maintenance teams to address any issues promptly.

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.
  • Act as the primary point of contact for all asset-related inquiries and negotiations.
  • Ensure effective communication and collaboration with internal departments, including finance, operations, and legal.