Core Description

Responsible for the development of Group's wide strategic real estate plans, management of property optimization as well as the complex acquisition and disposal of assets, specifically focusing on the financial feasibility and market analyses, alternative project development methods, site selection, land acquisition, disposition, real estate asset management, commercial real estate transactions and high level real estate negotiations to achieve real estate objectives for the group.

Core Competencies

FUNCTIONAL KNOWLEDGE:
Supply Market & Competitor Analysis; Value Identification; Vendor management Contracting/ Report Writing; Content Management; Operational Contract Management; Business Continuity; Revenue enhancement strategies; Risk Mitigation; Tendering; Contracting/ Legal; Real Estate and Workplace industry best practices and trends; Procurement tender and negotiation processes; Churn; Lease Management; Account Management,
Portfolio of commercial or retail properties or a Portfolio management

FUNCTIONAL SKILLS:
Excellent computing skills (particularly Microsoft Outlook, Excel, Word, PowerPoint and Project); Presenting & Communicating Information; Real estate contract management; Property Development and Management; Real Estate Finance; Real Estate Market Analysis; Commercial Real Estate Investments; Real Estate Valuation, Development and brokerage; Appraisal development for evaluating projects; Project Management & Planning;
Business Acumen and insight into operational management; Financial Acumen including budgeting; Change management; exceptional numerical and financial skills; Interpersonal skills and customer focused

ATTITUDES/ LEADERSHIP COMPETENCIES:
Thought Leadership: Developing strategies/ Providing insights; Generating ideas; Exploring possibilities; Examining information; Adopting practical approaches
Market Leadership: Developing expertise; Challenging ideas; Interacting with people; Understanding people; Seizing opportunities; Managing tasks
Business Leadership: Pursuing goals; Taking action; Upholding standards; Managing tasks; Seizing opportunities
People Leadership: Making decisions; Empowering individuals; Challenging ideas; Directing people; Convincing people; Interacting with people
Personal Leadership: Embracing change; Thinking positively; Showing composure; Understanding people; Valuing individuals; Team working
Values Aligned with Telkom Values


Job Responsibilities
- Responsible for the management of various types of Real Estate assets held in trusts, including taking possession of the asset, coordinating its management, evaluating its investment potential, recommending the investment policy, and assisting in or handling the sale
- Completes and reviews investment reviews of assets including formulating investment recommendations, determining valuations for fee purposes, and determining whether a market exists for the asset
- Makes recommendations to the appropriate management committees regarding the value enhancement of assets and the suitability of retaining the asset
- Screens new business assets for Gyro providing recommendations regarding acceptance of the asset
- Manages asset looking at current ownership structure, financial statements, business operations, insurance and other important matters associated with the assets
- Monitors newly assigned assets to assure that they are placed on record, coded correctly and valued appropriately
- Analyze and provide property portfolio information and make recommendations regarding investment performance/ opportunities
- Track and analyze property market trends
- Prepare analysis and monitor performance on the key performance metrics to the business being leasing performance, income, expense and returns
- Establish and maintain mutually beneficial relationships with property managers requirements
- Conducts financial analyses to evaluate and recommend lease vs. purchase decisions
- Completes any required forecasts, budget analyses and reports of activities
- Analyze monthly performance and budget projections and compare it to annual management plan and budget, and adjust strategies accordingly
- Developing year on year business plans to achieve savings targets and working closely with the finance team to produce monthly financial status reports and future forecasts
- Evaluating investment potential, recommending the investment policy, and assisting in or handling the sale
- Assess Economic and Contracting models related to the portfolio
- Responsible and accountable for effectively managing and developing the Asset Management Team

Required Certification/Professional Registration
Qualifications

Relevant degree (NQF level 7) required, preferably a BSc in Property Studies/QS , build construction, Engineering, Architecture, quantity surveying or property project management.

A post graduate property management degree or a MBA/MBL will be an added advantage.

Experience

8-10 years relevant experience in Commercial Property market, 8 years management experience in Commercial Management and/or Commercial Asset.Management; at least 1-3 years financial modelling experience (an advantage).

Special Requirements


Establish, determine and manage internal and external relations, including the interface with relevant government authorities to ensure organisational needs are met.
Full understanding of property management and its financial and operational aspects, including rules and regulations surrounding asset management.
Negotiate favourable real estate transactions, prepare appropriate contract documentation, and recommendation appropriate strategies.
Understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labour/management agreements.
Good understanding of Commercial Property Management and current legislation.
Well-developed interpersonal and oral communications skills.
Competency in MS Office and relevant databases and software Good literacy and numerical skills.
Analyze situations, identify problems, and recommend solutions.
Exercise judgment and creativity in making decisions.
Compile and analyze complex data.
Prepare comprehensive reports and correspondence.
Diplomacy and a Team Player.
Ability to prioritise workload and work under pressure.
Interpersonal skills and customer focused.
It is vital that the incumbent is a skilled negotiator and able to manage conflict.