Senior Manager Asset Management

SRQ; Malaysia; On-site; MYR 100,000 - 150,000; Full time

Job summary

A property management firm is seeking a Senior Manager in Asset Management to lead rental negotiations and develop strategies for various commercial properties. The ideal candidate will have 8-10 years of experience in asset management, a strong legal background, and excellent negotiation skills. Responsibilities include driving rental renewals, managing contracts, and overseeing asset team processes. A Bachelor's degree and familiarity with the property rental market in Malaysia are required.

Qualifications

• 8-10 years' experience in Asset Management, dealing with commercial properties.
• Strong legal background with experience in contract management.
• Familiar with property rental market in Malaysia.

Responsibilities

• Drive rental negotiation for renewals and establish market rental rates.
• Develop rental negotiation strategy in alignment with company's goals.
• Prepare yearly rental budget and monthly progress reports.

Skills

Rental negotiation

Contract management

Valuation methodologies

Negotiation skills

Independence

Education

Bachelor's Degree in legal, business, or real estate

Job description

About the job Senior Manager Asset Management

• Drive rental negotiation with respective landlords for renewals by establishing market rental rate for the various leased commercial properties for both KFC and PH brands to meet trageted rental savings
• Development of rental negotiation strategy/model for the various asset types in line withe company's long-term goals.
• Preparation of yearly rental budget as well as monthly progress reports on achievement of key milestones
• Develop and lead the contract management process for both renewal and new tenancy agreemnts
• Manage asset team to execute all internal processes including instructions to finance on rental payment/accruals, rental analysis for approval of negotiated rental obtained as well as issuance of termination notice due to store closures
• Oversee complaints management on issues raised by Operators regarding maintenance of the leased assets which are under the scope of landlords' responsibilities.
• Lead team to manage landlord's complaints on breeches of the rules of occupancy as well as requests from the landlord

Job requirements:

• 8-10 years' experience working in Asset Management with exposure in dealing with various landlords for commercial properties
• Preferably with strong legal background with at least 5 years' experience in contract management
• Advance negotiation skills and familiar with property rental market in Malaysia
• Strong knowledge in valuation methodologies and tools for rental analysis
• Bachelor's Degree required with a concentration in legal, business and/or real estate
• Industry Accreditations preferred (CCIM, etc)
• Must be highly independent with minimal supervision required