Job Description
About the Role
We are seeking an experienced Financial Manager to join our team, responsible for managing a portfolio of properties in Gauteng. The successful candidate will have a strong background in financial analysis, budgeting, and asset management, with excellent commercial acumen and communication skills.
Key Responsibilities
- Interpret asset-level financial and operational performance against approved budgets, forecasts and feasibilities;
- Analyse variances, identify underperformance, risks and opportunities, and prepare clear commentary for the Regional Manager;
- Review vacancies, lease expiries and income sustainability across the portfolio and provide guidance on how to improve these and reduce risks;
- Identify income leakage, cost inefficiencies and value erosion risks at asset level;
- Support corrective action planning in response to underperformance on a portfolio level.
- Interpret management accounts, budgets and forecasts and translate financial data into commercial insights;
- Assist with preparation of asset-level forecasts, cash flow projections and scenario modelling;
- Analyse budget deviations and overspends and propose mitigation strategies;
- Support the Regional Manager in managing and controlling overspend risks;
- Prepare asset summaries and performance dashboards for internal reporting.
- Assist with regional capex planning, prioritisation and tracking;
- Prepare financial feasibilities and return analyses for refurbishments, upgrades, redevelopments and change-of-use initiatives;
- Compile capex motivations and supporting documentation for submission to Exco;
- Track approved capex projects against budgets, timelines and strategic objectives;
- Conduct post-implementation reviews to assess performance against expected returns.
- Support buy / hold / sell analysis and asset-level strategic assessments;
- Assist with preparation of investment memorandums and disposal recommendations;
- Conduct market research relating to rentals, demand, competitors and regional trends;
- Support longer-term asset strategy formulation and implementation;
- Track execution of approved strategies and report on outcomes.
- Work closely with Leasing and Property Management teams to support income optimization initiatives;
- Provide commercial input into leasing deals, renewals, restructurings and incentive proposals;
- Monitor tenant performance and credit risk from an asset value perspective;
- Review tenant reconciliations, escalations and risks from a commercial standpoint;
- Review monthly tenant billing, inclusive of fixed costs and recoveries;
- Support renewal, restructuring or exit strategies where required;
- Assist with preparing tender documentation and proposals.
Requirements
- Degree in Accounting, Property Studies, Real Estate, Finance, Economics, Commerce or a related field;
- 5–7 years’ experience in an asset management, property analysis, consulting or property finance role;
- Exposure to retail, commercial, mixed-use and/or student portfolios advantageous;
- Strong Excel and financial modelling and presentation skills;
- Gauteng property market knowledge will be beneficial.
Qualifications
No qualifications mentioned.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Property Administrator Jobs in Gauteng
The Property Administration industry in Gauteng is generally a stable and growing sector, with an increasing demand for skilled professionals to manage the administrative aspects of property transactions. Typically, this involves coordinating paperwork, processing lease agreements, and ensuring compliance with regulatory requirements. As a result, job seekers in this field can expect a steady stream of opportunities across various industries.
Salaries for Property Administrators in Gauteng are generally competitive, but can vary widely depending on factors such as experience, company size, and industry sector. Typically, entry-level positions start within the R30 000 to R50 000 per annum range, while more senior roles can command salaries ranging from R60 000 to R120 000 or more, depending on individual performance and qualifications. However, it is essential to note that actual salary figures can vary significantly depending on these factors.
Common skills required for a successful Property Administrator include strong administrative skills, attention to detail, excellent communication skills, proficiency in property management software, knowledge of the South African Revenue Service (SARS) and other regulatory requirements, and basic accounting principles. Additionally, experience with Microsoft Office Suite is often expected, as well as an understanding of the Gauteng provincial government’s spatial planning policies.
Property Administrators are commonly found working in various industries, including financial services sector, technology industry, manufacturing sector, and real estate development. These roles can also be found in corporate settings, such as property holding companies or investment managers, where they oversee the administrative aspects of property portfolios.
Career progression opportunities for Property Administrators include moving into senior administrative roles, such as operations manager or property coordinator, or specializing in specific areas like leasing or facilities management. With experience and additional training, professionals can also pursue career paths in related fields, such as law, accounting, or project management.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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