Asset Manager

The Focus Group; Cape Town; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A property management firm in Cape Town is seeking an Asset Manager to maximize returns and enhance value across a property portfolio. Responsibilities include portfolio financial performance, leasing strategies, and operational oversight. The ideal candidate should have 5–7 years of asset management experience, strong financial skills, and proficiency in Microsoft Office. This role requires excellent negotiation and stakeholder management abilities, attention to detail, and capacity to work independently under pressure.

Qualifications

• Minimum of 5–7 years' experience in asset management or commercial property management.
• Strong financial and analytical capability with property valuation experience.
• Ability to work independently, proactively, and under pressure.

Responsibilities

• Maximize returns and enhance value across allocated property portfolio.
• Oversee tenant relationships and handle escalated tenant issues.
• Ensure compliance with statutory, legal, and regulatory requirements.

Skills

Financial analysis

Negotiation

Stakeholder management

Problem-solving

Strategic thinking

Attention to detail

Education

Relevant tertiary qualification in Property, Finance, or related field

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Role Overview

The Asset Manager is responsible for maximizing returns and enhancing value across an allocated property portfolio. The role involves full accountability for financial performance, strategic planning, leasing, operational oversight, and stakeholder management to ensure long-term asset growth and sustainability.

Key Responsibilities

Financial & Portfolio Management

• Develop and implement business plans and revenue enhancement strategies
• Take full responsibility for portfolio budgets and financial outcomes
• Monitor monthly portfolio performance against budgets and industry benchmarks
• Analyse vacancies, arrears, operating costs, and income performance
• Produce financial modelling and analysis to support decision‑making

Strategic Asset Optimisation

• Identify opportunities for asset improvements including acquisitions, disposals, upgrades, renovations, and developments
• Contribute to strategic initiatives such as portfolio restructuring, risk balancing, and value extraction
• Support due diligence processes for asset acquisitions and disposals
• Assist with property valuations and development feasibility assessments

Leasing & Tenant Management

• Determine and implement leasing strategies to maximize occupancy and income
• Oversee tenant mix optimisation and leasing performance
• Engage with national and major tenants as required
• Manage tenant relationships and handle escalated tenant issues
• Review lease agreements and support lease negotiations

Operational Oversight

• Conduct regular physical inspections of all properties within the portfolio
• Monitor property operations and provide feedback to property management teams
• Ensure service providers deliver required service levels and comply with SLAs
• Drive cost control and operating margin improvements
• Optimise utilities management and recoveries, including solar initiatives

Compliance & Projects

• Ensure properties comply with statutory, legal, and regulatory requirements
• Drive capital works and building projects in collaboration with facilities and project teams
• Take accountability for overall portfolio performance and risk management

Requirements

• Relevant tertiary qualification in Property, Finance, or related field
• Minimum 5–7 years’ experience in asset management or commercial property management
• Strong financial and analytical capability with property valuation experience
• Advanced proficiency in Microsoft Excel, Word, and PowerPoint
• Excellent negotiation and stakeholder management skills
• Strong problem‑solving, commercial, and strategic thinking ability
• High attention to detail and accuracy
• Ability to work independently, proactively, and under pressure