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  • Posted: Oct 26, 2023
    Deadline: Not specified
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    Growthpoint is the largest South African primary listed REIT and is well on its way to becoming a leading international property company. It provides space to thrive with innovative and sustainable property solutions in a diversified portfolio of 533 properties it owns and manages, including 473 properties in South Africa, 59 properties in Australia through ...
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    General Manager - Retail (Sandton)

    Duties and responsibilities:

    Operational

    • Collaborate with the Asset Managers to ensure that the service provided by Property Management meets all requirements.
    • Coordination and consolidation of the Retail Sector’s salary and bonus review in conjunction with Human Resources consolidation and ensure monthly allocations to buildings are correct.
    • Coordination of the mid-year and final year performance review.
    • In conjunction with Learning & Development team, develop a training plan, budget, and the implementation thereof.
    • Implement the staff retention strategies and succession planning for the Retail Sector.
    • Manage the take on of properties and staff as well as the sale of buildings where staff may move with them.
    • Identify opportunities to optimise or enhance financial performance.
    • Development and reporting of management information to identify trends and opportunities to enhance the Retail Sector’s performance, client experience.
    • Research, develop and implement systems, procedures and structures that would enhance the functioning and productivity of property management.
    • Implementation of governance structures and processes to liaise with other Sectors and functions.
    • Deal with issues identified by Asset Managers.
    • Managing the Sector’s relationships with the various support divisions within Growthpoint to ensure that the Retail Sector is fully supported in undertaking their functions.
    • Manage the Head Office support services contracted to Co-owners in terms of HR, IT and financial and property management.

    Property Management:

    • KPI Management
    • Benchmarking of KPI’s against the market.
    • Draft and drive implementation of strategy for the Region.  
    • Strategy to deal with initiatives to ensure KPI’s of each portfolio are met.
    • Promote Client retention and implement Client retention initiatives (promote the interface with Clients).
    • Take ownership of and manage regional KPI’s in line with targets, and report into Asset Manager.
    • Manage arrears effectively.

     

    Reporting:

    • Review, implement and improve reporting standards on a continuing basis.

    Strategic:

     

    • Strategically assist and guide the Portfolio Managers in recommending and implementing deals/ extensions/ refurbs/etc. in consultation with Asset Management.
    • Strategic market & trend analysis to understand the key drivers of the property management industry.
    • Keep abreast of market trends.
    • Be the link between the portfolio’s and the Asset Manager in regards to KPI’s.
    • Manage the sector in line with overall asset management and Property Management objectives.
    • Evaluate and approve Capital expenditure in line with returns.

    Budget:

     

    • Responsible for the compiling and delivery of the GMS Retail Sector budget.
    • Pro-Active Management of the Regional Property Budget to achieve maximum growth Year on Year.
    • Ensure Annual Budget process is consistent (drafting, assumptions etc).
    • Provide guidelines for budget assumptions to ensure the budget process is efficient and the teams have a clear understanding of what the targeted growth is.
    • Responsible for delivery on budget, not to exceed, and to manage the total cost to income ratio.

    Other

    • In conjunction with Facilities Management ensure that all buildings comply with Operational Health and Safety requirements and all building regulations.
    • Build and maintain relationships, with key players in the property industry, this task will be assisted by the utilization of the CRM system.
    • Develop, implement, and manage a CRM system.
    • Identify opportunities to optimise structure and streamline processes to enhance overall efficiency.

    Requirements

    Experience & Qualifications:

    • A bachelor’s degree and / or diploma and a minimum of seven (7) years of Retail Shopping Centre management experience.
    • Five (5) years’ experience in managing teams. 
    • Property Management Software (MRI) experience.

    Competencies

     

    • Credit Management techniques.
    • Financial Management Systems and Accounting principles is a prerequisite.
    • International Financial Reporting Standards (MSCI).
    • Administration, Operations & Business processes, Policies and Procedures.
    • Stakeholder Management & Relations.
    • Service Level Agreements, Lease and Documentation Administration.
    • Knowledge of Occupational Health & Safety Act and relevant legislation and regulations.
    • Understanding of Facilities Management in a Built environment.
    • Business and management principles -strategic planning, resource allocation, HR, leadership, Skills development and people coordination.
    • Business Analysis.
    • Excellent verbal and written communication skills.
    • Well-developed interpersonal skills.
    • Ability to deliver on time and within budget.
    • Strong organizational abilities, accuracy and attention to detail.
    • Strong negotiation skills.
    • Must have an in depth understanding of market trends.
       

    Method of Application

    Interested and qualified? Go to Growthpoint Properties on growthpoint.mcidirecthire.com to apply

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