Head of Strategic Finance & Projects at Old Mutual

Job Description

A vacancy has arisen for a Head of Strategic Finance & Projects for Old Mutual Property also known as Old Mutual Real Estate Holdings Company (OMREHC) (Pty) Ltd.

Old Mutual Property is a South African based unlisted property fund. We are passionate about property and actively manage a diversified portfolio of R24 billion, both locally and internationally. We directly own around 1 million square metres of gross lettable area, half of which is in super regional and other retail centres in South Africa. Gateway Theatre of Shopping, in Umhlanga, KwaZulu-Natal, is our flagship property. Our other retails centres include Cavendish Square (Claremont, Cape Town), Bedford Centre (Bedfordview, Johannesburg), The Zone (Rosebank, Johannesburg) and Riverside Mall (Nelspruit, Mpumalanga). Almost 35% of our local assets are industrial property assets and we have less than 10% allocated to the local office sector, which are co-located within our retail centres. Our SA portfolio is managed under a property services contract with Excellerate JHI.

• Managing complex transactions in the private equity and real estate markets
• Accountable for OMREHC’s management accounts - continuous monitoring of the annual budget and ensure that revenue targets are met
• Management of OM direct offshore assets - Two Rivers and India
• Accountable for OMREHC’s Debt and treasury management
• Responsible for integrated reporting
• Board representation
• Capital raising from external clients
• Assess long-term property strategy and identify opportunities for optimisation
• Review financial and non-financial reports to devise solutions or improvements
• Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders
• Give strategic advice and report results and findings to committee and board members
• Keep all relevant stakeholders informed of developments
• Maintain a deep knowledge of the markets and industry of the company
• Communicate and engage with the various segments within Old Mutual and stakeholders with respect to liability translations involving alignment between liabilities and hedging instrument

Skills

• Annual Budgets
• Capital Raising
• Communication
• Complex Transactions
•  Identifying Opportunities
• Investments
• Management Accounting
• Management Reporting
• People Management
• Private Equity
•  Real Estate
• Real Estate Strategies
• Results Reporting, Strategic Advice

Education

• Chartered Accountant, Honours Degree (Hons), Master of Business Administration (MBA)