Senior Manager: Direct Investments (Ref: Sm_di14) at Public Investment Corporation

Purpose of the role: 

To oversee property portfolios of both direct assets and investment vehicles pertaining to the directly held portfolio. To combine the strategic day-to-day running of the portfolio along with driving the added value initiatives, through development, acquisition and disposal, and reporting to the client. 

Requirements:

• Honours BCom Finance degree or equivalent qualification (NQF level 8) 
• Relevant MComm, MBA or MSc in Real Estate would be advantageous 
• Minimum 10 - 12 years’ experience within the Property Investment Industry in Senior Management with at least 5 years’ experience in managing direct reports 
• Knowledge of Property Asset Management, Property Management, Property Law, Property Development, Property Acquisition & Disposal, Accounting and performance calculation 
• Sound, Strong and Ethical Leadership 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 

Duties:

• Effective management and oversight of property portfolio of direct assets and related investment vehicles 
• Ensure achievement of market-related returns on investments and the existing portfolio
• Growth and Development of the portfolio in line with the requirements of the mandate and strategy 
• Unlocking value for clients through underlying asset strategies 
• Manage risk to ensure the stability of cash flows 
• Initiation of effective internal business processes and procedures for the achievement of better efficiencies 
• Accurately report to the Board, and relevant committees 
• Oversight and development of investment strategies at a building and portfolio level 
• Oversight and implementation of sustainable initiatives to drive efficiencies at a building and portfolio level 
• Effective stakeholder management of Property Management function to ensure effective management of portfolio assets are performed 
• Effective oversight and management of the Asset Management and Development Team to ensure that new and refurbished buildings are 
• Effective management and oversight of Property Budgets 
• Management and Monitoring of performance of staff in line with KPI’s 

Competencies and skills: 

• Excellent communication skills 
• Negotiation Skills 
• Time management 
• Performance and Result oriented 
• Ability to deal with pressure/stress 
• Cost-consciousness (budgeting) 
• Problem-solving
• Customer service orientated 
• Management Skills 
• Organisational Leadership 
• Analytical thinker