Assistant Manager, Portfolio & Asset Management

Borr Drilling; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading company in drilling services is seeking an experienced professional for Asset and Portfolio Management. The role involves monitoring performance, formulating asset plans, and driving business outcomes to enhance property performance. The ideal candidate will have a strong background in real estate or finance and be skilled in using asset management software, as well as possessing excellent analytical and communication skills. Travel may be required based on business needs.

Qualifications

• Minimum 3 years working experience in Asset/Portfolio/Fund Management.
• Able to multi-task and work independently with minimal supervision.
• Possess excellent analytical and problem-solving skills.

Responsibilities

• Monitor quarterly and annual performance trends on the portfolio.
• Formulate asset plans and update cash flow projections.
• Drive strategic business outcomes to improve property performance.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Education

Good degree in Real Estate, Finance, Business Administration or equivalent

Tools

ARGUS

Job description

Responsibilities

Portfolio Management Responsibilities

• Monitor quarterly and annual performance trend on Group’s portfolio.
• Collate and analyse market data to improve operational performance and track impact of any macro-level business change.
• Develop monthly management updates for senior management and corporate development team including any ad-hoc information request.
• Undertake asset reviews with the objective to improve P&L, recommend initiatives on ESG as well as building enhancement.
• Review operational policies, business systems and letting strategies to allow optimum delivery of portfolio performance.
• Assist with portfolio valuation process and consolidate key market drivers.
• Support delivery of process change management with working committee.
• Work with wider corporate development team in market research and review financial models for the evaluation of potential new business/ investments opportunities.
• Conduct due diligence process and coordination with relevant parties in relation to potential investments or divestments.

Asset Management Responsibilities

• Responsible for formulating asset plans, updating of cashflow projections and execution of strategies.
• Drive strategic business outcome to improve property performance through constant review of operations and market trend.
• Drive owner’s meetings with operator or facility manager for assigned properties and ensure that key workstreams are delivered timely.
• Preparation of flux report and monitor monthly performance against budget.
• Review budget/forecasts, rent setting, marketing strategies, and all property-related works and contracts.
• Seek board or management approval for AEI or other major capital expenditure.
• Analyse and track the portfolio carbon emission, tenant satistfaction and ROI for the capital improvement projects.
• Assist in the preparation of board papers for potential divestment opportunity.
• Any ad-hoc assignments/matters as directed by the Management or your Superior from time to time.

Requirements

• Good degree in Real Estate, Finance, Business Administration or equivalent.
• Minimum 3 years working experience in Asset/Portfolio/Fund Management or similar relevant corporate real estate role.
• Knowledge of asset management software such as ARGUS would be advantageous.
• Able to multi-task and work independently with minimal supervision.
• Able to handle complex projects and cross functional activities timely.
• Strong written and verbal communication skills, with the ability to convey complex information clearly.
• Possess excellent analytical and problem solving skills.
• Good team-player with excellent communication and interpersonal skills to interact with all levels in the organisation.
• Highly motivated, mature, proactive and meticulous.
• The successful candidate will be required to travel occasionally and consider short term overseas posting subject to business demands.