Senior Manager Pension Fund Property Development at Sasol

Purpose of Job

To identify, plan, review, manage, and administer all property development processes for new and existing properties relating to the Pension Fund’s Direct Property  portfolio.

Recruitment Description / Key Accountabilities

Business solutions (Consulting advice, Business options & Problem-solving)

• Identify and evaluate new property developments, extension and alterations to existing properties including tenant relocations and redevelopments of existing assets for the Pension Fund.
• Consider and review various development and tenant packages in consultation with Co-owners.
• Review and manage the development process including a full set of professional consultants.
• Present final details on new projects to Investment Committee for approval.
• Provide updates on progress, quality, risk, and cost on various capital projects.

Qualitative Results & Abilities

• Ability to schedule, manage, track, and provide feedback on an over-all development via use of project management tools such as network diagrams, bar-chart, and GANTT-charts.
• Provide technical input and advice on all aspects of building construction, bulk services, tenant co-ordination and leasing processes relating to property developments for the Pension Fund.
• Ability to review project technical drawings and design specifications and provide input to achieve best project outcome for the owners.
• Ability to review tenant layout drawings and specifications to provide comment and input to achieve the best outcome for the owners.
• Establish and monitor adherence to engineering, architectural standards, and specifications.
• Establish criteria, monitor, and manage the process to make monthly progress payments to all consultants and building contractors employed by the Fund on various projects.

• Establish, monitor, and control approved capital expenditure development budgets.
• Provide input and guidance to steer the implementation of energy efficient design principles and implementation of “green building” process and energy generation.

Risk Results & Legal Requirements

• Liaise with legal representative on all legal matters relating to property investment.
• Manage and review the relevant risk on a project and development framework and take steps to actively manage and reduce the exposure for the project owners.

Review and comment on contractual agreements relating to new property developments such as:

• Town planning and Land-assembly process
• Land Purchase
• Bulk Services
• Development Agreement
• Co-owners Agreement

Risk Results & Legal Requirements

• Responsible for ensuring that all legal documentation in respect of Building Contracts, Professional Consultants is correct and in accordance with the Fund’s standard documentation and industry standards.
• Working knowledge of the use and implementation of JBCC / NEC / PROCSA legal agreements.
• Responsible for ensuring that required application for relaxation of building Line, Servitudes and Way Leaves are registered.
• Ensure that all suspensive conditions in respect of legal and town planning requirements are met ant that all appropriate supporting documentation is available.
• Ensure that all statutory requirements are adhered to in terms of suspensive and general building regulations (Monitor the status of suspensive site conditions).
• Establish and monitor adherence to national Building Regulations (NBR), SANS 10 400 / XA and the Fund’s standards.
• Liaise with legal representative on all legal matters relating to property investment.
• Responsible for ensuring that required application for relaxation of building Line, Servitudes and Way Leaves are registered.
• Ensure that all suspensive conditions in respect of legal and town planning requirements are met ant that all appropriate supporting documentation is available.
• Implementation and review of Insurance cover applicable on property developments.

Cost-effectiveness

• Assist in the general maintenance requirements and review of all existing developments.
• Implementation of long-term ownership and cost-effective design solutions and products on existing as well as new developments.
• Effective management and decision making to prevent abortive work and wasted expenditure.
• Futureproofing of developments to have long term relevance.

Relationships & Teamwork

• Ability to work as part of a multi-disciplinary team.
• Establish a positive working relationship with national tenants and all role players in the industry
• Promote positive relationship climate amongst development team, as well as the portfolio asset managers of the Fund, and external parties.

Health & Safety Requirements

• Provide leadership on all development and projects to achieve HSE compliance
• Implementation of effective audit and review of all HSE requirements on projects and developments.
• Implementation and review of risk mitigation strategies for projects.
• Provide feedback on incidents and near-misses on projects.

Formal Education Requirements

University Bachelor's Degree as follows:

• BSc Quantity Surveying
• BSc Building Management With preferred further qualifications in
• Registered as Project Management Professional with further post graduate qualifications in Project Management or similar accredited Project Management qualification.

Min Experience

• 12+ relevant years in project management on capital projects > R150 million per project.
• Specific exposure to large retail and large commercial property developments.
• Land-assembly and township proclamation process as well as bulk services clearances.
• Green field developments including the installation of bulk services

Certification & Professional Membership

• Preference will be given to candidates that are registered with the RICCS and members of the SACAP, or other industry applicable associations.