The Land Development Agency (LDA) is a commercial, semi-State body that seeks to maximise the supply of affordable homes on public and other land in a financially sustainable manner, supporting the creation of thriving communities and delivering ongoing positive social impact. It is overseen by an independent board of directors and is funded with €5 billion of equity capital committed by the Government. It is also permitted to borrow up to €1.25bn.
The LDA has commenced construction on a number of projects on State land and has a delivery pipeline in excess of 17,000 homes. It also works in partnership with the country’s largest and most experienced homebuilders and will deliver a further 8,000 homes under the Government’s Project Tosaigh initiative. Additionally, the LDA is working on large-scale longer-term strategic areas by master-planning and bringing forward planning applications in locations such as Limerick Colbert Quarter, the Digital Hug in Dublin and Sandy Road in Galway.
Role Purpose
This is a new role to reflect the growing Asset Management function within a rapidly expanding organization. Reporting to the Cost Rental Operations Lead, the role involves a broad range of revenue management and reporting responsibilities. The role provides the successful candidate with an opportunity to join a growing team in a dynamic environment with scope for development as the organisation evolves.
Key Responsibilities
Manage and report on residential income from Cost Rental portfolio.
Assist in the preparation of annual budgets for the Cost Rental portfolio and asset management department.
Analyse monthly financial and data reports prepared by third party Agents. Collate into overall portfolio performance report.
Monitor KPIs including occupancy, lease-up, voids, arrears and operating expenses.
Variance analysis v budget.
Benchmark performance across the portfolio to identify anomalies.
Oversee and report on rent review cycle and process in line with legislation.
Prepare periodic rental income reforecasts as required by LDA Finance and Investment Teams.
Prepare and implement control systems to ensure leasing compliance.
Provide supporting data and narrative for LDA audit and risk management as required.
Prepare Executive Management Team reports on a monthly basis including narrative as required.
Preparing weekly/monthly reports for internal meetings and project reviews as required.
Support and collaborate with other members of the wider Asset Management reporting team and LDA Finance Team.
Identify and define the requirements for a revenue management and reporting system for the Cost Rental Portfolio. Work in partnership with the Cost Rental Operations Lead to implement and embed the identified system
Identify efficiencies in department processes and implement same.
Build and manage relationships with internal and external stakeholders.
Other duties as may be required based on the evolving operational requirements of the LDA.
Person Specification
Minimum 8 years’ experience in revenue and management accounting within the residential rental sector.
Experience in scoping and implementing property related IT systems in a rental portfolio environment.
Experience in rollout of new IT systems and associated change management.
Knowledge of regulatory environment in relation to Cost Rental housing.
Knowledge and/or experience of public procurement would be an advantage.
Solutions and results focused.
Excellent attention to detail and proficiency in Microsoft Excel.
Excellent communication skills – written and verbal in both day-to-day work as well as formal briefings. Ability to work well within a team environment.
To Apply:
The Land Development Agency is an equal opportunities employer.
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