To oversee properties that are owned, leased and sub-leased by the SA Division. This position will report to the Manager: Real Estate, including other Senior Managers as required
Responsibilities
Strategic Focus
- Lease/property Management i.e. Stakeholder Management, Major Lease Disputes and Force/ Volunteer Closure
- Plan, execute, monitor and control of Asset management issues related to owned, leased, subleased and new sites of the company (Renewals, Maintenance issues, new sites
- Stakeholder Management – Provide assistance to avoid and resolve business closures & Interruptions
- Municipal Liaison – Provide as and when needed by the design team and other departments
- Manage strategic landlord liaison initiatives
- Relationship management – internal and external stakeholders
- Cultivates and promote good working and mutually beneficial relationship with all stake holders
- Ensure effective communication with internal and external stakeholders
- Contract management
- Billing disputes
- Support Facilities management
- Conduct site visit (Facilities management/ Landlord Snags/Municipal compliance/Stakeholder management)
Finance
- Sustain profitable asset base i.e. Lease Renewal, Re-imaging
- Compile a 3-year re-imaging plan per geographic area
- Prioritise and screen Re-imaging of candidate stores
- Alignment of franchise agreement vs lease agreement and re-imaging cycle
- Internal communication with departmental partners for the candidate store list
- External communication with landlord, relative authorities
- Consolidate master summary and get endorsement from capex committee
- Finalise business cases to follow company procedures (including sign-off) and filing
- Follow up/communicate construction process
Lease Renewal
- Liaison with Real Estate to determine sites identified for renewal at least Three years before lease expiration
- Ensure all the renewal within required timeframes
- During strategic sessions with stakeholders to see if the restaurants need brand extension or reinvestment
- Liaison with the Ops & Finance for the estimated sales
- Coordinate to complete the P&L assessment
- Ensure the sum of SOI within the total renewal period is positive. If the result is negative and still intends to renew, motivation in this regard is compulsory
- Brief brokers to negotiation with the Landlord for the major commercial terms, ensure the renewal rental is in according to market standards and legally meet all McDonald’s SA’s parameters
- Completion of Store Renewal package, coordination of all supporting documentation & obtaining sign-off by appropriate management personnel
- Ensure any renewal agreements are signed under company seal and executed
- Ensure all documentation is filed appropriately
- Ensure the signed-off renewal agreement is sent to Finance department
- Update of the database for the rental information, lease term or any changes
- Lease Rationalization i.e. Excessive lease property management, Pro-active relocation
Required Qualifications/Experience
- Qualification in Law, Town Planning, Asset Management, Property Science or other related field
- At least 7 years Town Planning and/or Asset/Property Management Experience
- Knowledge of Retail Management
- Extensive experience in contract administration and management
- Strong commercial, acumen and negotiation skills
- Proficient with Microsoft Office (MS-Word; MS Excel – at an advanced level of proficiency, MS PowerPoint, MS Outlook)
- Project Management skills
Ref: JHB000090/LM