Sandton: Asset Management Consultant (Real Estate) posted by AtripleA recruitment & temps

About the Role

Our client in the Insurance industry is seeking an Asset Management Consultant – Real Estate to join their team in Sandton. The successful candidate will oversee properties that are owned, leased and sub-leased by our Client in South Africa, reporting to the Manager: Real Estate, including other Senior Managers as required.

Key Responsibilities

• To oversee properties that are owned, leased and sub-leased by our Client in South Africa.
• Following our Clients policies and procedures.
• Principle accountabilities include but are not limited to:
• Stakeholder management – Provide assistance to avoid and resolve business closures & Interruptions;
• Municipal Liaison – Provides as and when needed by the design team and other departments;
• Manage strategic landlord liaison initiatives;
• Relationship management – internal and external stakeholders;
• Cultivates and promote good working and mutually beneficial relationship with all stake holders;
• Ensure effective communication with internal and external stakeholders;
• Contract management;
• Billing disputes;
• Support Facilities management;
• Conduct site visit (Facilities management/ Landlord Snags/Municipal compliance/Stakeholder management);
• Sustaining profitable asset base i.e. Lease Renewal, Re-imaging
• Alignment of franchise agreement vs lease agreement and re-imaging cycle
• Internal communication with departmental partners for the candidate store list.
• External communication with landlord, relative authorities, etc.
• Consolidating master summary and get endorsement from capex committee
• Finalizing business cases to follow company procedures (including sign-off) and filing.
• Following up/communicating construction process.
• Lease Renewal:
• Liaison with Real Estate to determine sites identified for renewal at least Three years before lease expiration.
• Ensuring all the renewal within required timeframes.
• During strategic sessions with stakeholders to see if the restaurants need brand extension or reinvestment.
• Liaison with the Ops & Finance for the estimated sales.
• Coordinating to complete the P&L assessment. Ensuring the sum of SOI within the total renewal period is positive. If the result is negative and still intends to renew, motivation in this regard is compulsory.
• Brief brokers to negotiation with the Landlord for the major commercial terms, ensuring the renewal rental is in according to market standards and legally meet all of our Client’s parameters.
• Completion of Store Renewal package, coordination of all supporting documentation & obtaining sign-off by appropriate management personnel.
• Ensuring any renewal agreements are signed under company seal and executed.
• Ensuring all documentation is filed appropriately.
• Ensuring the signed-off renewal agreement is sent to Finance department.
• Update of the database for the rental information, lease term or any changes.
• Lease Rationalization i.e. Excessive lease property management, Pro-active relocation
• PMO system
• Reporting – Monthly reports, APMEA, PMO and Adhoc reports
• Data/Record Management
• Manage data bases (Master list, Landlord contact list, High Impact Reimaging and Renewal reports)
• Liaison with relevant departments to ensure alignment with franchise agreements
• Compliance i.e. approved plans, certificates
• Corporate governance – Adhere to financial management processes and procedures
• Understanding and analysis of mini markets
• Improving systems i.e. Lease expiry reports, Landlord contact details etc.
• Innovation i.e. Utility management, waste removal, Information sharing (Authority and sector processes)
• Overseeing and managing adhoc projects as requested by senior management
• Adhoc – Management of Suspensive conditions arising from the legal agreement; ensure that compliance certificates are available i.e. Construction and Operations
• Reviewing and analysing post Re-imaging result to get learning.

Requirements

• Qualification in Law, Town Planning, Asset Management, Property Science or other related field
• 7 years Town Planning and/or Asset/Property Management Experience
• Knowledge of Retail Management
• Extensive experience in contract administration and management
• Strong commercial, acumen and negotiation skills
• Proficient with Microsoft Office (MS-Word; MS Excel – at an advanced level of proficiency, MS PowerPoint, MS Outlook)
• Project Management skills

Qualifications

No formal education/certifications mentioned.

Salary & Benefits

Salary Range: R500 000.00 (negotiable per annum)