Job Description (Duties & Responsibilities)
1. Proactively lead on the financial strategy / financial management of the portfolio that includes: -
a. Business plan, budgets and financial projection;
b. Cashflow management of each property and portfolio;
c. Plan and complete asset management initiatives to improve property income & value and to reduce costs; and
d. To achieve and deliver the goals of the financial strategies.
2. Implement proactive risk management to the portfolio. To identify and assess potential risks and subsequently devise plans to mitigate and minimize those risks.
3. Staying updated on market trends, economic conditions and regulatory changes with the ability to conduct high level property market research and the analysis on impact to the property portfolio. This is to overcome returns volatility.
4. Ability to negotiate on salient property agreements and leases.
5. Present monthly review and updates on property operations & performance, budgets and leasing strategy to Management and identify areas for improvement including operational efficiency.
6. Periodically monitor and review the portfolio KPIs and financial measurement metrics.
7. Assist in property transactions (Acquisition and Divestment).
8. Ensure all properties in portfolio & properties’ SPVs comply to (via supports of PHB’s relevant departments & subsidiaries): -
a. Financial regulations- tax law, accounting standards and reporting requirement and payment of property taxes;
b. Industry regulations – land matters, planning matters and building bye-laws; and
c. Leases / tenancies and contracts’ obligations.
Required Qualifications and Skills
1. Minimum Bachelor's Degree in property or real estate / finance / economics / business or related field.
2. Minimum 15-17 years in property asset management or property related experiences.
3. Strong analytical and critical thinking skills.
4. Good communication skills.
5. Detailed oriented and highly organized.
6. Strong time management skills.
7. A team player. |