Property Portfolio Manager

Placements24; Bloemfontein; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary package

Performance-based bonus

Medical aid and retirement fund

Generous annual leave

Professional development opportunities

Hybrid work arrangement

Career advancement prospects

Job summary

Placements24 is seeking a Property Portfolio Manager in Bloemfontein to oversee a diverse portfolio of commercial and residential properties. The role requires strong financial acumen, strategic thinking, and effective tenant management to maximize value and profitability.

The successful candidate will manage budgets, provide regular financial reporting, and drive operational excellence across an in-house and remote-work hybrid model. Strong knowledge of SA property law and leasing is essential.

Qualifications

• Bachelor's degree in Real Estate, Business Admin, Finance or related field.
• Minimum 5 years of property/portfolio management experience.
• Proven track record managing commercial/residential portfolios.
• Strong understanding of property financial management, budgeting and reporting.
• Knowledge of SA property law, leases and landlord-tenant regs.
• Experience with property management software such as Yardi or MRI is a plus.

Responsibilities

• Oversee day-to-day management of a diverse property portfolio (commercial, retail, residential).
• Develop and implement strategic plans to maximize property value and rental income.
• Manage tenant relations including leasing, renewals, rent collection and disputes.
• Oversee property maintenance, repairs and capital projects to ensure compliance and upkeep.
• Prepare and manage property budgets, financial reports and variance analyses.
• Conduct regular property inspections and performance reviews.
• Identify cost-saving measures and improve operational efficiencies.
• Ensure compliance with laws, lease contracts and regulations.
• Manage relationships with third‑party service providers and vendors.
• Analyze market trends and advise on leasing strategies and property positioning.
• Report portfolio performance to senior management with insights and recommendations.

Skills

Financial analysis

Budgeting

Communication

Negotiation

Tenant relations

Project management

Education

Bachelor's degree in Real Estate

Bachelor's degree in Business Administration

Finance education

Tools

Yardi

MRI

Excel

Job description

About the Role

Our client, a leading real estate investment and management company, is seeking a highly organized and proactive Property Portfolio Manager to oversee a diverse portfolio of properties in Bloemfontein, Free State. This critical role involves managing the financial performance, operational efficiency, and tenant satisfaction across a range of commercial and residential assets. The ideal candidate will possess strong financial acumen, excellent communication skills, and a thorough understanding of property management principles. The position is based in Bloemfontein, Free State, with a hybrid work model that combines in-office responsibilities with the flexibility of remote work. You will be responsible for maximizing property value, ensuring tenant retention, and driving profitability through strategic management and operational excellence. This role is integral to our client's success in the Bloemfontein, Free State market and offers significant growth opportunities.

Key Responsibilities

• Oversee the day-to-day management of a diverse property portfolio, including commercial, retail, and residential properties.
• Develop and implement strategic plans to maximize property value and rental income.
• Manage tenant relations, including leasing, renewals, rent collection, and dispute resolution.
• Oversee property maintenance, repairs, and capital improvement projects, ensuring properties are well-maintained and compliant with regulations.
• Prepare and manage property budgets, financial reports, and variance analysis.
• Conduct regular property inspections and performance reviews.
• Identify and implement cost-saving measures and operational efficiencies.
• Ensure compliance with all relevant laws, regulations, and lease agreements.
• Manage relationships with third‑party service providers, contractors, and vendors.
• Analyze market trends and recommend strategies for property positioning and leasing.
• Report on portfolio performance to senior management, providing insights and recommendations.

Requirements

• Bachelor's degree in Real Estate, Business Administration, Finance, or a related field.
• Minimum of 5 years of experience in property management or portfolio management.
• Proven track record of successfully managing a portfolio of commercial and/or residential properties.
• Strong understanding of property financial management, budgeting, and reporting.
• Excellent knowledge of property law, lease agreements, and landlord‑tenant regulations in South Africa.
• Experience with property management software (e.g., Yardi, MRI) is a plus.
• Exceptional communication, negotiation, and interpersonal skills.
• Ability to manage multiple priorities and work effectively under pressure.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Valid driver's license and willingness to travel within Bloemfontein, Free State for property inspections.

Benefits

• Competitive salary package reflecting your expertise.
• Performance‑based bonus opportunities.
• Comprehensive medical aid and retirement fund contributions.
• Generous annual leave and paid time off.
• Opportunities for professional development and industry certifications.
• Exposure to a dynamic and varied property portfolio.
• A collaborative team environment in Bloemfontein, Free State.
• Flexible hybrid work arrangement.
• Career advancement prospects within a growing organization.