Manager Asset Management
Posted on :
12-07-2024
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1 Vacancy
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Job Description
- Accountable for maximizing the overall economic value of each asset assigned to the portfolio by taking the ‘owner’s view’, ensuring implementation of best practices defined by the Head of Asset Management and leading the team after asset is operational.
- Drive the cross-functional team throughout the development process and provide relevant inputs while ensuring real estate best practices are applied e.g. coordinate with leasing leads formulating target tenant mix based on market positioning.
- Track and drive performance of the development projects on operating assets while ensuring lessons learned are tracked and accounted for in new projects.
- Work with the Strategy and Asset Management Leads to create development briefs ensuring product alignment to consumer and customer requirements in a manner that is financially viable.
- Work with the Strategy and Asset Management Leads to drive the annual Asset Plans, incorporating the executional roadmap for all outlined initiatives.
- Define and drive the business plan and value creation strategy/positioning for each asset by taking the ‘owner’s view’ for the assigned portfolio.
- Lead cross-functional team for operating assets to implement asset-level strategic plan, ensuring cross-functional coordination to maximize asset value.
- Act as the translator of business insights into an actionable roadmap for regional team execution.
- Review asset-level annual budgets for Marketing, Leasing and Shopping Center Management and ensure alignment with strategic plan.
- Leverage the expertise from the SMBU Asset Management Senior Director and ensure implementation.
- Approve relevant contract adjustments, leases, renewals, and re-tenanting depending on their value.
- Work with the Strategy Lead to develop the research requirements for the assigned portfolio.
- Conduct regular performance monitoring (e.g. rent recovery, footfall, turnover, sales, etc.) for the assigned portfolio.
- Work closely with the Finance / Regional Teams (for assigned portfolio) on supporting Quarterly Forecasting and ensuring all leasing budgets are assigned under the agreed upon framework.
- Support Regional Leasing Teams in the preparation and structure of leasing deals prior to approval process.
- CAPEX prioritization framework to be embedded in all business cases with the relative teams prior to their submission for approval.
- Continuously monitor CAPEX spend vs requests and ensure reporting in collaboration with the asset control team.
- Provide inputs for valuation team in Corporate Finance.
- Support in drafting any amendments to the policies, procedures and DOA as required.
- Lead the build-up of operational risk register in the region together while ensuring clear mitigation and ownership strategies are in place. Monitor and report as required through finance and MAFP to the ARC.
- Ensure compliance with the MAFP SMBU’s Code of Conduct, Departmental policies and HC Policies and Procedures at all times.
- Be the advocate and ambassador of aligning and cascading the MAFP values in the assigned area of responsibility and ensure that relevant team adhered to and exhibit the same all the time.
Employment Type
Full Time
Department / Functional Area
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