Please login/register to apply for this job.
25 Jun 2022

PermanentJob Vacancy for Experienced Asset Manager Wanted

Michelle Cloete Consulting Pty Ltd – Posted by JobPost24 Stellenbosch, Western Cape, South Africa

Job Description

Job Vacancy for Experienced Asset Manager Wanted

Location: Stellenbosch
Job Type: Permanent
Company/Employer: Michelle Cloete Consulting Pty Ltd
Job Title: Job Vacancy for Experienced Asset Manager Wanted

Vacancy Details

Reporting to the Chief Operating Officer: working for an established property organisation, this role will increase the value of the Portfolio through the optimisation of the Portfolio Performance


  • The Asset Manager takes full responsibility for buildings allocated to them in terms of performance. The position is mainly strategic in nature and the essence of it may be summarised as follows:
  • Portfolio Performance – Running Monthly Manco meetings with Property Management and reporting through to EXCO on allocated portfolio’s performance (Financial, Vacancies, Arrears, Legal etc.)
  • Strategic formulation – formulate, implement and present tactical and operational strategy for each building after detailed financial and operational analysis including macro and micro trends and other appropriate research;
  • Optimising returns – optimise the performance of each building through recycling buildings where required and ensuring optimum operational management;
  • Minimise risk exposure – assisting with assessing the impact on building as a result of demographic changes including the development of competing buildings, increased credit risk of tenants, etc;
  • Reporting timeously in respect of performance of the portfolio against benchmarks and objectives including returns, valuations, operations performance, etc, benchmarking;
  • Annual budgeting and monthly reviews of 10 year income, expense and capex budgets;
  • Responsible for the annual valuation process;
  • Property information – ensure that all property information both hard copy and electronic are up to date and correct;
  • Interact with property and facilities management as well as growth and acquisitions.
  • KPA’S:
  • Control framework
  • NOI – Reporting
  • NOI- Budgeting
  • NOI – Tracking
  • NOI – Optimizing
  • Market data
  • Property data
  • Weighed average lease term
  • Required Skills
  • accounting knowledge : 5 to 6 years
  • investment analyst : 5 to 6 years
  • budgeting analysis : 5 to 6 years
  • optimization analysis : 5 to 6 years
  • benchmarking analysis and development : 5 to 6 years

Candidate Requirements

Minimum requirements:

  • BCom degree
  • Studying towards MSc – Property Studies would be beneficial
  • MD Office – Advanced Excel, would be beneficial



  • Accounting – understand and interpret income statements, balance sheets, accounts entries, basic tax, construct cash flows, etc;
  • Budgeting – compilation of and implementation of the operating income and capex budgets for all properties within the allocated portfolio;
  • Investment – understand and apply investment criteria, effect of income, expenses and capex on investments, understand and construct valuations;
  • Investment – implementing strategy to operate within required return on assets;
  • Specific property portfolio ratios and benchmarks – understand and interpret specific ratios and benchmarks.
  • Optimisation – assisting in optimising asset level performance through the combination of knowledge of market and benchmarking to improve operating income


  • Assist with identifying value-adding opportunities in portfolio;
  • Identifying new acquisitions for consideration as well as identifying assets to be sold.


  • Professional and good presentation skills;
  • Communicate well with service providers, including property managers, centre managers and PRO’s;
  • Able to form good relationships with clients and tenants


51 total views, 1 today

Apply for this Job