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  • Posted: Jul 31, 2024
    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 ...
    Read more about this company

     

    Head of Asset Management - Office

    Duties and responsibilities

    Perform Asset Management Function

    • Participate as member of SA Exco

    Member of following committees:

    • Deal Forum
    • Property Committee
    • Compile reports, analysis and specific tasks as may be required by the Board, Property Committee, any Board Sub-Committee, Exco Committee or as directed by the Head of Asset Management: SA 
    • Adhere to and ensure that direct reports adhere to relevant levels of authority.
    • Perform corporate management functions in accordance with policies, procedures and legal requirements.
    • Perform corporate management functions within the allocated time frame.

    Manage Co-owned Properties.

    Responsible for asset management function of co-owned properties:

    • Provide guidance to Portfolio Managers
    • Participate in Co-Owner meetings and attend ad hoc and development meetings.
    • Provide strategic direction. 
    • Ensure accurate accounting for pro-rata profit share calculations and distributions.
    • Manage co-owned properties in accordance with policies, procedures, and legal requirements.

    Manage budget:

    • Keep abreast of economy and market in order to identify key threats and opportunities.
    • Analyse the business plan and investment strategy for the Group to obtain budget guidance for the sector.
    • Determine mandate for Asset Managers to achieve growth expectations for the Sector.
    • Compile the consolidated budget, through collaboration with Asset Managers and Sector Accountant, in accordance with the Board-approved budget guidelines.
    • Submit the budget for approval to the Executive Directors and the Property Committee in accordance with policies and procedures.
    • Monitor and control the expenditure against the budget to ensure that spending occurs within the budgetary restrictions.
    • Ensure that spending is approved in accordance with procedures.
    • Compile the monthly asset management and financial report.
    • Monitor portfolio performance against budget monthly and take necessary remedial measures, if required

    Leading and Managing 

    • Analyse the business plan to determine the people requirements, in accordance with the expected deliverables and oversee (where necessary, participate in) the implementation of recruitment and/or rationalisation programmes.
    • Implement Growthpoint’s approved transformation plan.
    • Conduct the Performance Planning and Performance Management for direct reportees.
    • Provide mentoring to senior staff members.
    • Create and implement a succession plan for your team

    Investment Research & Strategy

    • Collaborate with the Head of Asset Management: SA to formulate an investment strategy for Growthpoint SA, across sectors and geographic location.
    • Conduct in-depth research, in consultation with the Head of Asset Management: SÁ and the Research Department, in respect of 
    • Investment trends
    • The Sector’s performance, measured against identified peers, MSCI and other benchmarks
    • Threats and opportunities
    • Conduct SWOT analysis at building/shopping centre level in order to draft specific asset management strategy for each asset. 
    • Evaluate performance of each investment and make recommendations in respect of non-performing assets.
    • Manage the implementation of the asset management in accordance with policies and in terms of Delegations of Authority.

    Maximize return on investment.

    • Manage assets.
    • Ensure that the Office Sector performs in line or better than MSCI benchmarks. 
    • Dedicated focus on maximising return on investment and capex
    • Assisting in the drafting and implementation of policies and procedures applicable to the sector and the business as a whole 
    • Manage acquisitions.
    • Identify investment opportunities meeting Growthpoint and the Sector’s investment criteria.
    • Conduct comprehensive feasibility studies and due diligence processes.
    • Manage disposals.
    • Implement the Investment strategy as devised in terms of disposals together with the Manager of Optimisation and Realisation
    • Develop disposal strategy including compilation of sales budgets and price determination.
    • Identify and manage development and redevelopment opportunities in collaboration with the Development division:
    • Manage extensions and redevelopments of existing properties i.e. timing, feasibility, tenant liaison and financial control;
    • Analyse Greenfield developments to assess suitability in terms of location, viability, risk, etc.; 
    • Analyse Brownfield developments to enhance properties through redevelopment, improving tenant mix and addressing tenant needs.
    • Manage insurance cover for the sector.
    • Ensure that valuations for the sectors are performed timeously and provide input to the Valuations Department and external valuers.
    • Manage assets in line with policies, procedures, and legal requirements.

    Sustainability

    • Keep abreast of sustainability trends, technology and benefits.
    • Draft sustainability strategy including short-, mediumand long-term objectives.
    • Once the strategy has been approved, communicate, and implement the strategy.

    Trading & Development

    • Assist, in collaboration with the Trading and Development Division, in the drafting of a strategy to generate sustainable income from Trading and Development activities.
    • Actively introduce Trading and Development opportunities from both the Sector and the market.
    • Ensure that the asset management function is fulfilled in respect of Office properties in the Trading and Development Division in so far as same is required.

    Stakeholder Management

    • Development, promote and maintain client relationships
    • Identify relevant role players in accordance with business requirements
    • Compile a profile of major clients
    • Ensure that Growthpoints’ client experiences are tracked through an efficient client satisfaction survey.

    Requirements

    Experience 

    • Minimum 10 years with Office property experience (at Asset management level), with a minimum of 5 years at senior/executive management level.

    Qualifications

    • Relevant tertiary qualification (e.g. Finance or Quantity Surveyor).
    • EAAB Compliance

    Competencies

    • Business Acumen
    • Business Environment
    • Financial Accounting Principles
    • Legislation
    • Policies and Procedures
    • Employee management, coaching and mentoring

    go to method of application »

    Application Support (Sandton)

    Duties and responsibilities

    • Logging and tracking of incidents and requests.
    • Perform initial investigation, assign ticket priorities and follow each ticket through to resolution and ticket closure.
    • Analyse incidents to determine problems and driving the problem management process to address root causes.
    • Escalate to IT internal and vendors resources where necessary.
    • Ensure that Service Levels Agreements are maintained between business teams and IT.
    • Provide data, reporting and insights on service desk trends, informing strategies for improvement.
    • User profile/security maintenance on all applications.
    • Organize, manage, facilitate training for users.
    • Collaborate with internal IT technical team and vendors to assist end-users and stakeholders to resolve queries and ensure achievement of all business objectives.
    • Assist with system check after changes made that affect Application
    • Create and update E-content for applications. Chief Information
    • Innovation (Process, System improvement or new features and functionality)
    • Implementation of new processes and updating of current.
    • Documentation of SOP’s.
    • Periodic DR tests for Applications.
    • Circulate communications to users regarding Application updates
    • Perform secondary duties for System Administration which includes:
    • Maintain Security permissions (Roles/Users/Entities)
    • Add new ledger code
    • Add property
    • Add new legal entity (e.g. Division or Landlord)
    • Other master data related maintenance (e.g. Group Roll Up / report grouping changes)
    • Perform Month end Procedures (Invoice/Statement/GL Close/Projection Close)

    Requirements

    Experience & Qualifications

    • National Diploma in IT /BSc Degree.
    • 3 years’ experience in providing help desk support.

    Competencies and Skills

    • Advanced troubleshooting and multitasking skills.
    • Excellent verbal and written communication skills.
    • Well-developed interpersonal skills.
    • Working knowledge of helpdesk software and remote control to users’ desktops.
    • Ability to deliver on time.
    • Strong organizational abilities, accuracy and attention to detail.
    • Ability to communicate at all levels within the organization.
    • Customer service skills.
    • Working knowledge of systems administration.
    • Ability to build business relationships.
    • Ability to communicate at all levels.
    • Conducting monthly training sessions to onboard new employees to the organization, in specialization and also in other system supported.
    • Excellent problem-solving abilities.
    • Ability to work independently and with a team.

    Method of Application

    Use the link(s) below to apply on company website.

     

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