Job Description
We are assisting our client - a private real estate fund management business managing a portfolio of office and retail assets outside Singapore and their current AUM stands at about USD 1.5 billion. They are looking to recruit for an Associate for their asset management team to join them as they are looking to continue to grow.
You will be responsible for assisting in formulating and implementing asset strategies for asset(s) under management. You will be preparing and reviewing asset plan, and the income and expenditure budgets including budget assumptions, variance summaries and control of cashflow as required both monthly and annually. This also includes any reforecasting and the preparation of financial reports to investors on a periodic basis.
You will work with the marketing team with the development and delivery of the marketing and leasing plan including A&P programme and casual leasing income opportunities as well as participating in discussion with Property and Leasing team, and capex tracking; You will review and negotiate contracts or service agreements with external providers to achieve cost efficiency while ensuring good presentation and maintenance standards for the assets. You will be managing the contracts and monitor the provision of service to ensure compliance with contracts and service agreements.
You will be benchmarking of portfolio and asset performance including financial/operational analysis and market research, preparing monthly asset reports, quarterly investor reports, and also approval papers as and when required. In this capacity, you will also be building, developing, updating financial models for portfolio valuation and analysis. You will perform scenarios and sensitivity analysis on portfolio returns, assist in negotiation of leases and discussion with tenants and respective government bodies etc.
Requirements:
You are degree qualified in Real Estate, Business, Accountancy, Engineering, Architecture and have about 2 years’ experience in asset management and dealing with international stakeholders.
You are highly numerical, resourceful and display high level of initiative.
You possess excellent interpersonal and communication skills.
You are an independent individual and able to travel for work.