Portfolio Manager - Industrial Gauteng
Growthpoint provides space to thrive with innovative and sustainable property solutions. We are an international property company with assets on three continents and the largest South African primary REIT (Real Estate Investment Trust) listed on the JSE. We own and manage a diversified portfolio of over 550 property assets, locally and internationally. Growthpoint is a FTSE/JSE Top 40 Index company, a constituent of the FTSE EPRA/NAREIT Emerging Index and is in the FTSE4Good Emerging Index and FTSE/JSE Responsible Investment Index. Job purposeThe Portfolio Manager will be required to maximize the performance and value of the portfolio through strategic and operational planning. To meet these objectives the Portfolio Manager will be required to provide leadership, mentorship and guidance to the team, and ensure team members perform and are developed to the best of their abilities. Furthermore he/she needs to ensure that Clients receive a high standard of service delivery and that buildings are well maintained.Duties and responsibilitiesPeople ManagementDetermine human resource requirements and manage staffDevelop and implement strategic plans with objectives and direct the team accordinglyProvide leadership and guidance to the teamSet clear performance targets for the teamEnsure performance management is done in a consistent way throughout the portfolioKPI ManagementBenchmark of KPIs against the marketDraft and drive implementation of strategy for the Portfolio. Strategy to deal with initiatives to ensure KPIs of the portfolio are met Manage Portfolio Net Income vs BudgetManage property leasing to minimize vacanciesMonitor and manage capital expenditure against the budgetManage arrearsDevelop and implement tenant retention strategy for portfolioReportingReport on portfolios performance: monthly income statements, vacancy reports, arrears capital projects and interpretation of variancesProduce high-level executive summaryEnsure a high standard of reportingBudgetManage and oversee budget process in line with portfolio strategy and growth objectivesOtherEnsure policies and procedures are implemented consistently.Initiate Refurbishment and development opportunities within the portfolioFacilitate property sales and acquisitions as guided by the Asset ManagementEnsure that all buildings comply with all building regulations in conjunction with Facilities ManagementBuild and maintain relationships, with key players in the property industry
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