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Property Manager - Retail

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Job Description - Property Manager - Retail

Responsible for the management of the Property. Ensure
investment growth and maximum income of Property through effective property
management and asset control. Develops related budgets, oversees leasing
contracts, procures services, handles third party service contracts, and
directs maintenance procedures. Ensures
that all buildings, grounds, and equipment are well maintained and in optimal
working condition. Develops and implements
departmental and procurements policies and procedures and ensures that all
operations are in accordance with established health and safety
regulations. Ensures that services
purchased are of acceptable quality at the least possible cost. Keeps Senior Management well informed of area
activities and significant problems. 


Effective management of the property and facilities:
Property Management
  • Keep abreast of market activities in
    respect of tenant movement, new developments, major vacancies and other
    landlord’s strategies

  • Attend meetings / functions related to
    successful operation of Property i.e. SAPOA, CJP etc.

Asset Management
  • Control/schedule/implement regular
    preventative maintenance program in line with budget constraints

  • Motivation of refurbishments, major
    repairs as appropriate

  • Attend site meetings with contractors in
    respect of maintenance/expansion of projects

  • Monitor progress
  • Inspection / enforcement of tenant
    responsibilities during and on termination of lease terms

  • Liaison with appropriate Government,
    Provincial and/or local authorities

  • Responsible for Compliance of OSH Act
Client Reporting
  • Provide accurate information to client
    according to agreed format timeously

  • Analysis of monthly income /expenses
  • Monitoring of turnover rentals
  • Analysis of operating costs on a
    quarterly basis in terms of the approved forecasts

  • Monitoring of all municipal recoveries
    (and general recoveries) on a monthly basis

Planning And Budgeting
  • Preparation and completion of budgets by
    January each year

  • Complete of forecasts timeously
  • Review rental quarterly and ensure best
    possible rate achieved and maintained

  • Assist in formulation of business plans
    for the unit

  • 5 Year budget – preparation and control
  • Quarterly review and monitoring results
Quarterly Expenditure / Analysis
  • Set and motivate capex /TI philosophy
    per building in consultation with client

  • Approve TI standard specification as
    recommended by the Project Manager

  • Approve capex within authority limits
  • Ensure we conform to capex philosophy
    and procedures

  • Estimate new operating costs
  • Ensure recovery of operational costs in
    accordance with Lease terms

Building Management
  • Devise a five year maintenance plan
    including allowances for provisions or depreciation where applicable (annually)
    for submission to the Assistant General Manager / Director

  • Investigate/initiate proposals for
    refurbishments

  • Maintain a hands -on control of projects
    in hand

  • Review the building status/grade
    annually and maintain the standards within those grade

  • Ensures compliance with legal
    regulations.  Completes regular OSH
    inspections and updates monthly reports as appropriate.  Ensures that OSHA requirements are
    effectively implemented.

Debtors Management
  • Monthly interaction meetings with
    Debtors, Debtors Manager and Leasing to ensure appropriate action taken and
    approve legal action.

Credit Control
  • Responsible for Management:
  • Arrears
  • Legal action
  • Write -offs
Parking Management
  • Monthly / ad hoc interaction meetings
    all parkades

  • In conjunction with the responsible
    person for parking, maintain accurate control of “in house” operated parkades

Tenant Manager
  • Deal with correspondence / interaction with tenants as
    required.

  • Ensure that leases are timeously renewed
    and all vacant space is let and in a presentable state.

New Tenants
  • Determination and recommendation of
    letting mandates (i.e. rental levels, installation cost etc)

  • Lease negotiation and maintenance of
    tenant relationships.

  • Control of new leases and recordal of
    same

  • Control / oversee new installations
    (through technical manager where appropriate) including:

  • Premises design
  • Negation/liaison/control with/of
    professionals and contractors

  • Sign off acceptance of complete premise
Existing Tenants
  • Renewal of Lease Agreement both direct
    and through Building Management where applicable

  • Tenant liaison and public relations
  • Control/arrangement of centre promotions
    through merchants association/s or promotion committee/s

  • Regular assessment of tenants turnover,
    stock turn and merchandising to establish both growth needs and/or trading
    difficulties

  • Expense Control
  • Check and authorise payment of accounts
    Authorise cleaning, consumables,
    electrical and general maintenance orders

    Control wage and salary allocation
    Control municipal payments and
    recoveries there against
  • Ensuring cost effectiveness and
    performance of contractors

Assumes
responsibility for the effective maintenance and reporting of financial
records.

  • Oversees preparation of monthly, annual,
    and other management reports.

  • Assesses and reports on monthly
    performance against budgets.

  • Prepares and motivates consolidated
    monthly reports for submission to client

Assumes responsibility for ensuring
professional business relations with vendors, contractors, and trade
professionals.

  • Works to develop and maintain productive
    business relations with vendors, suppliers, contractors, etc.

  • Acts as a liaison between the Company and
    external contacts.

  • Ensures effective coordination of external
    services with Company operations.  

  • Obtains and conveys information as
    appropriate.

  • Promotes goodwill and a positive image
    of the Company.


Effectively supervises Property personnel, ensuring
optimal performance.

  • Provides leadership to assigned personnel
    through effective objective setting, delegation, and communication. Conducts regular meetings to ensure that
    personnel are well informed of changes in policies and procedures. Discusses areas needing improvement.    

  • Assigns and coordinates personnel. Directs daily operations.
  • Identifies, develops, and implements
    training programs as appropriate.

  • Conducts performance appraisals. Provides measurable feedback to assigned
    personnel and suggestions for improved performance. Formulates and implements employee corrective
    actions as needed.

  • Ensures that staffing levels are
    appropriate. Interviews, hires, and
    assigns personnel as necessary.


Requirements

  • Matric
  • Additional related maintenance and Property management training
    preferred.

  • Excellent
    understanding of Property management procedures. 

  • Knowledge
    of budgeting, service contracts, and leasing agreements. 

  • Five or more years of related experience, with at least two or more
    years of supervisory experience.

  • Must have mixed -use property management experience​


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