Are you a self-starter, who is detail oriented and highly organized?
Are you proactive with strong initiative a Customer-focused service excellent mindset?
Are you comfortable working in a family / founder driven business?
Our client, a well-established family property investment business, with a significant property portfolio (a mix of residential, industrial, and commercial properties), is looking for an experienced Portfolio Manager to join their team.
The ideal incumbent will be expected to:
- Oversee a diverse portfolio of commercial and residential properties.
- Be responsible for the strategic, financial, and operational performance of the property portfolio, ensuring high occupancy rates, tenant satisfaction, and compliance with all legal and regulatory requirements.
Essential: Bachelor's degree in Property Studies, Real Estate, Finance, Business Administration, or a related field.
Essential: Minimum 5 years’ experience of property management across residential and commercial sectors.
Essential: Financial acumen with experience in budgeting, forecasting, and financial reporting.
Essential: Strong knowledge of property law, lease administration, and asset management.
Essential: Experience in property maintenance
Advantageous: Professional accreditation (e.g., SAPOA, EAAB/PPRA registration).
Key responsibilities include:
- Manage and oversee a mixed-use property portfolio including commercial office buildings, industrial facilities, and residential complexes.
- Monitor property performance, occupancy, lease renewals, and tenant mix to ensure optimum returns.
- Act as the primary point of contact for letting agents, addressing concerns, handling lease negotiations, and maintaining strong relationships.
- Manage lease agreements, ensuring timely renewals, rent reviews, and compliance with lease terms.
- Coordinate marketing and letting strategies to minimize vacancy periods.
- Prepare annual budgets, forecasts, and monthly financial reports for each property.
- Oversee rental collections, recoveries, and arrears management.
- Approve and monitor property expenses, service charges, and capital expenditure projects.
- Oversee property maintenance and ensure all buildings and facilities are safe, clean, and fully operational.
- Manage service providers and contractors to ensure quality delivery of services (security, cleaning, maintenance, etc.).
- Conduct regular inspections and implement preventative maintenance schedules.
- Ensure all properties comply with health and safety, building regulations, municipal bylaws, and other statutory requirements.
- Liaise with legal advisors regarding lease disputes, evictions, and compliance matters.
- Maintain accurate and up-to-date property records, lease documentation, and compliance registers.
- Provide regular updates and reports to COO on portfolio performance, risks, and opportunities.
Key attributes include:
- Strong knowledge of property law, lease administration, and asset management.
- Financial acumen with experience in budgeting, forecasting, and financial reporting.
- Excellent interpersonal and communication skills.
- Proficiency in property management software and MS Office.
- Strong problem-solving and negotiation skills.
- Ability to manage multiple properties and priorities effectively.