Portfolio Manager

City of Cape Town, Western Cape 3 June

Initiate International

  • Description


    We have a great job opportunity for a Portfolio Manager to join a Non-profit property company in Cape Town. You will be responsible for the day to day management of a defined and growing property portfolio of owned and leased properties (currently 1598 residential units and 7100m² of commercial property) to achieve targeted returns through careful analysis, planning and efficient management. Does this seem like the perfect challenge for you? Keep reading!

    Your key job responsibilities as the Portfolio Manager in Cape Town will include:

    - Define and implement service levels within the portfolio
    - Responsible for driving portfolio performance against agreed budgets, plans and targets
    - Recommend changes to the master and market rent rolls
    - Implement property life-cycle planning and monitoring
    - Make recommendations regarding the reinvestment or disposal of properties to enhance the portfolio’s performance
    - In consultation with Property Managers and Senior Facilities Manager recommend al planned maintenance of properties in the portfolio
    - Define and implement strategies to optimise the income streams of properties in the assigned portfolio
    - Define and implement strategies to optimise the performance of the properties in the assigned portfolio through reducing expenditure
    - Manage procurement processes in the portfolio to achieve optimal use of company resources
    - Negotiate and manage contracts with service providers and suppliers
    - Oversee the enforcement of company policies and rules in the portfolio
    - Ensure regulatory compliance, the maintenance of statutory records and the submission of statutory reports
    - Drive portfolio and individual property performance against their approved income statements and target yields
    - Identify and implement corrective actions to ensure the portfolio achieves budget and targets
    - Critically analyse management accounts
    - Manage net income and net yields aligned to budgets, plans and targets
    - Define and implement strategies and corrective actions to achieve customer service targets within portfolio

    Requirements for this Portfolio Manager job in Cape Town:

    - 3 years’ experience in property portfolio management or 5 years relevant experience in general property management
    - Experience in a supervising position
    - Knowledge and understanding of the legal framework governing property law in South Africa
    - Knowledge of the Occupational Health and Safety Act
    - Sound knowledge of contract management and cost budgeting
    - Sound understanding of property management and the principles of commercial and residential property development
    - Working knowledge of Property Asset Management

    If you meet the above requirements for this Portfolio Manager job in Cape Town, we would like to hear from you! Please send your CV through to ******************************** If you do not receive any feedback within 7 days of your application, please be advised that you were not successful in making the shortlist.


  • Number of vacancies: 1
  • Requirements

  • Language(s): English
  • Availability for travel: No
  • Availability for change of residence: No

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Ad summary

  • Portfolio Manager

  • Recruiter

    Initiate International

  • Province

    City of Cape Town, Western Cape

  • Work type

    Full Time

  • Type of contract

    Permanent contract

  • Salary

    Negotiable

  • Apply now

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