Associate – Asset Management

Welspun One Pvt. Ltd.; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

A leading real estate company in Maharashtra is seeking an experienced individual to lead multi-site asset management operations. The role involves developing asset management strategies, preparing budgets, and ensuring operational excellence. The ideal candidate will possess 4–8 years of experience in real estate management, strong leadership skills, and the ability to enhance the company's market reputation. This position also supports growth initiatives and client engagement efforts.

Qualifications

• 4–8 years of experience in leading asset management operations within real estate.
• Strong leadership capabilities to enhance company reputation.
• Experience in developing and implementing financial reports and budget management.

Responsibilities

• Develop and deploy asset management strategies.
• Lead operations management and budget preparation.
• Benchmark property operations and analyze financial performance.

Job description

4–8 years of experience in leading the multi-site asset management operations with a Real Estate
Fund or Real Estate Company / Developers.

Key responsibilities

• Develop and deploy company-wide asset management and capital planning strategies, policies, processes, and procedures, in a dynamic and accelerated growth environment
• Develop and deliver competitive execution strategies to ensure the growth of business while consistently delivering on project commitments in terms of approved KPIs.
• Provide strong leadership to ensure that the companyʼs reputation as a world-class warehousing developer and provider is enhanced in the marketplace.

Operations Management:

• Handle the responsibility for the preparation and presentation of annual budget, annual operating plans, capital and operating expenditure and cost improvements, cash flow analysis, cash management, etc.
• Develop and implement short-term, intermediate, and long-term plans to manage the day-to-day operations, improve performance by maximizing revenue and minimizing expenses.
• Benchmark property operations against industry standards and market conditions, including net operating income, operating expenses, gross revenue, vacancy, turnover, return on investment and cash flow.
• Ensure reporting and regular reviews to discuss achievements of targets. Analyze property operations and financial reports to assess property performance and ensure long term viability.
• Develop and standardize reports, procedures and methods to improve compliance monitoring, complete portfolio analysis and summary reports.
• Establish a safety culture and quality system for the region with the safety oversight across existing and new assets.
• Collaborate with the Sales/ Commercial organization that can develop and win new clients and then execute those contracts to maximize profitability and targets.
• Establish capital needs plans and preventive maintenance plans/contracts for the portfolio.

Growth & Expansion:

• Support leasing and client engagement team for new business acquisition, design of new product offerings, superior service delivery, etc.
• Support leasing and client engagement team for new business acquisition, design of new product offerings, superior service delivery, etc.
• Prepare operating budgets and coordinate with other stakeholders, consultants and other third parties. Monitor and manage funds available for possible use in future developments.