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Asset Manager

2 weeks ago

Wellington Central, Wellington, New Zealand Assemble Full time NZ$90,000 - NZ$120,000 per year

Established over 35 years ago, Willis Bond has built its reputation as a leading property development and investment partner in New Zealand. Their team delivers high-quality mixed-use developments across the country and manages several high-value investment funds that seek superior returns for their investors.

The company has raised over $800 million of capital since 2010 across real estate private equity and core asset funds and developed over $2.3 billion of complex, high-value real estate projects across New Zealand over the past 20 years

With future opportunities to continue to deploy high quality development product, as well as further commercial investment acquisitions and resulted fund offerings, they are looking for an accomplished Asset Manager to join their high-performing team in Wellington.

The Role

The role in question will have key tasks including but not limited to:

  • Manage tenant/member relationships, manage co-work leasing, members and operation
  • Deal with any lease related issues, perform rent reviews and lease renewals with existing tenants - arrange to lease the whole or any vacant tenancy, negotiate new leases and seek final board approval
  • Review and set marketing and leasing strategy annually
  • Prepare OPEX and capex budgets annually and perform annual and mid-year OPEX wash-ups as required
  • Manage or outsource the management to LTM FM (if not already covered under the general FM agreement) management of capex upgrade work, ensure compliances with all statutes, regulations and by-laws imposed on the property and ensure a current BWOF is obtained annually
  • Tenant fit-out review and approval
  • Prepare and distribute quarterly board reports and annual reports, agenda and minutes of any board meetings, present reports to investors
  • Management of development and fit out works
  • Manage and forecast 3-year cashflow alongside finance manager
  • Manage and update 5-year CAPEX upgrade plan with input from FM Manager
  • Ensure Willis Bond are meeting obligations under property management contracts
  • Arrange to pay any distributions to investors
  • Invoicing rent and other service charges as required, checking payments are made and chasing arrears.

Requirements

To be successful in this role you should be able to demonstrate the following:

  • An NZ recognised tertiary degree in Property or Finance (e.g. Economics, Property, Valuations, Finance, Commerce/Business)
  • Previous experience (5 – 8 years) in commercial property management or related field.
  • Strong business and financial acumen, with excellent influencing and negotiation skills.
  • Proficiency in Microsoft Office suite with an emphasis on Excel, Word and Outlook.
  • A strong attention to detail with the ability to prioritise and juggle multiple job functions.
  • Relationship management experience, and a customer/client focus
  • A high level of flexibility and the ability to work hard in a demanding environment

Career enhancing opportunities with an employer of this calibre do not frequent the market very often.  This is an opportunity to work for a well reputed property company that can expose you to all aspects of the business, from property management to development management, operational leasing, and acquisitions.

If you are interested to learn more about this opportunity, please submit your interest via the link above, or alternatively for a confidential conversation contact Matt Webster at Assemble Recruitment on