About the position
ENVIRONMENT:
SUPPORT the active management, optimization and strategic oversight of the property portfolio within the Greater Gauteng region as the next Regional Finance Manager wanted by a growing dynamic Investment and Commercial Property Management Firm. The role is commercial, analytical and operational in nature, focusing on asset performance, strategic input, feasibility analysis, Capex motivation and value enhancement initiatives. The role is not an accounting, bookkeeping, tax or payroll position. Statutory reporting and transactional finance functions are performed at head office level. The Regional Finance Manager’s responsibility is to interpret financial and operational information, translate it into insights, and support informed asset-level decision-making.
DUTIES:
As Regional Finance Manager, the individual will be responsible for supporting asset-level performance, strategic initiatives and commercial decision-making across the regional portfolio. This will include, but not be limited to, the following areas:
Asset Performance & Portfolio Management -
- Interpret asset-level financial and operational performance against approved budgets, forecasts and feasibilities.
- Analyse variances, identify underperformance, risks and opportunities, and prepare clear commentary for the Regional Manager and team.
- Review vacancies, lease expiries and income sustainability across the portfolio and provide guidance on how to improve these and reduce risks.
- Identify income leakage, cost inefficiencies and value erosion risks at asset level.
- Support corrective action planning in response to underperformance on a portfolio level.
Financial Analysis, Budgets & Variance Management –
- Interpret management accounts, budgets and forecasts and translate financial data into commercial insights.
- Assist with preparation of asset-level forecasts, cash flow projections and scenario modelling.
- Analyse budget deviations and overspends and propose mitigation strategies.
- Support the Regional Manager in managing and controlling overspend risks.
- Prepare asset summaries and performance dashboards for internal reporting.
Capex Planning, Feasibilities & Exco Submissions -
- Assist with regional Capex planning, prioritisation and tracking.
- Prepare financial feasibilities and return analyses for refurbishments, upgrades, redevelopments and change-of-use initiatives.
- Compile Capex motivations and supporting documentation for submission to Exco.
- Track approved Capex projects against budgets, timelines and strategic objectives.
- Conduct post-implementation reviews to assess performance against expected returns.
Strategic Asset Management & Decision Support -
- Support buy / hold / sell analysis and asset-level strategic assessments.
- Assist with preparation of investment memorandums and disposal recommendations.
- Conduct market research relating to rentals, demand, competitors and regional trends.
- Support longer-term asset strategy formulation and implementation.
- Track execution of approved strategies and report on outcomes.
Leasing, Tenant & Income Optimization Support -
- Work closely with Leasing and Property Management teams to support income optimization initiatives.
- Provide commercial input into leasing deals, renewals, restructurings and incentive proposals.
- Monitor tenant performance and credit risk from an asset value perspective.
- Review tenant reconciliations, escalations and risks from a commercial standpoint.
- Review monthly tenant billing, inclusive of fixed costs and recoveries.
- Support renewal, restructuring or exit strategies where required.
- Assist with preparing tender documentation and proposals.
Operational Oversight & Cross-Functional Coordination -
- Liaise with Property Management, Facilities, Leasing and Finance teams to ensure alignment with asset strategies.
- Monitor operational issues that may impact asset value, including maintenance, vacancies, tenant risk and cost pressures.
- Operational oversight of Property Administrators on Debtors function, including providing guidance and support, monitoring reporting to ensure frequent and accurate updates, and performing any other reasonable duties as required in support of regional performance.
- Operational oversight of Property Administrators on Creditors functions, including providing guidance and support, monitoring accounting allocations, accurate reviewing and signing off on payment packs for weekly payment runs, compiling weekly payment run lists and saving signed-off packs correctly, and performing any other reasonable duties as required in support of regional performance.
- Assist with review of operating cost structures and efficiency initiatives (without performing accounting functions).
- Escalate material risks, inefficiencies or value-impacting issues to the Regional Manager.
- Support resolution of escalated operational matters.
General Business & Reporting -
- Prepare asset-level reports, presentations and dashboards for senior management and Exco.
- Provide regular reporting and commentary to the Regional Manager.
- Support ad hoc analysis and reporting requests as required.
- Comply with all internal processes, policies and governance requirements.
- Manage and maintain Partner meeting reports and take minutes in meetings.
- Manage and maintain Body Corporate reports and keep record of AGM Meetings and Minutes.
- Prepare monthly credit card reconciliations for Head Office submission.
- Prepare weekly fleet vehicle inspections, review and prepare monthly reports.
- Manage and maintain ordering of stationery, groceries, consumables and stock control monthly.
- Monitor and update Regional Office Asset Registers monthly for Head Office Submission.
- Monitor and review Property Asset Registers monthly to ensure accurate recording of new/disposed assets.
- Operational oversight of Property Managers, Property Administrators, and Receptionist/Office Administrator.
- Perform any other reasonable duties as required in support of regional asset management objectives.
REQUIREMENTS:
- Degree in Accounting, Property Studies, Real Estate, Finance, Economics, Commerce or a related field.
- 5–7 Years’ experience in an Asset Management, Property Analysis, Consulting or Property Finance role.
- Exposure to retail, commercial, mixed-use and/or student portfolios advantageous.
- Strong Excel and financial modelling and presentation skills.
- Gauteng market knowledge will be beneficial.
Desired Skills:
- Asset Management
- Excel
- Financial Accounting
- Financial Modeling
- Property Administration
About The Employer:
A growing dynamic Investment and Commercial Property Management Firm
