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Senior Property Manager
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Job Summary

Company Name


Locations
Dubai

Experience
10 - 12 years

Keywords / Skills
• Knowledge of principles and practices of Asset & Hospitality Management and of applicable state and local laws and regulations

Education
Bachelor's Degree

Function
Real Estate

Role
Property Management

Industry
Real Estate

Posted On
12th Aug 2012

Job Ref code
SPM


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About Company

www.dwtc.com

Job Description

Client:

·         Ensure tenants comply with provisions of Lease Agreement and negotiate with clients terms and conditions ensuring company’s reputation is maintained

·          Act as an escalated point of contact for tenants between property team and senior management and maintain good relationships with them

·         Develop monitoring tools to capture tenant complaints and to ensure any issues are resolved within the defined timeline

·         Run annual customer surveys and develop plans to tackle potential issues raised

Management & Finance:

·         Assist in the development of Business Plans which includes goal for the department & use this plan to guide the team

·         Ensure properties are operated in a manner consistent with UAE laws & company guidelines and procedures

·         Report and advise senior management professional advice with property management considerations

·         Report to line manager any escalated or non-compliance by team or Tenant in relation to use and occupancy of property

·         In charge of Profit & Loss i.e. revenue and costs for the property

·         In charge of CAPEX & operating expenses

·         Prepare and monitor annual budget for the assigned property

·         Oversee the preparation of financial statements and periodic reports on the status of various properties, lease expirations and related matters

·         Develop and administer an annual operating budget

·         Improve cost structure and benchmark against competitors

·         Monitor rental levels against the current rental market

·         Monitor rental collections and liabilities

Property Management (Lease Administration & Renewal):

·         Ensure properties/ Tenant portfolios  are handled efficiently & cost effectively in a professional manner

·         Periodically inspect the general condition of the property with the FM and PM team and guide them to bring it to commitment deliverables

·         Monitor weekly meetings to review progress on Lease Renewals

·         Set effective procedure to ensure team issues timely  LRNs  in line with  DWTC policy & procedures

·         Review and monitor Lease Agreements and stipulate extent & scope of revised terms & conditions, responsibilities and services to be performed as per UAE laws and company policies

·         Review admin teams performance to ensure timely issuance of Pro-forma Invoice and Cover Letter  issued to the tenant

·         Set regular meetings with Finance to manage outstanding payments, data entry for Horizon and allocation of payments

·         Regular review of policy and procedures to ensure they meet the current department requirements and recommend improvements where possible

·         Assign action plans to Leasing Coordinators

·         Review long term lease renewal strategy Recommending best approach for renewing tenants (offer reductions or not, long-term lease vs. short-term, movement of tenants to create optimal rental areas, etc.)

·         Meetings with tenants to address their requirementthe company

·         Regular follow up with tenants to ensure timeliness of renewals

Facilities Management:

·         Review and sign work commencement forms

·         Supervise tenant fit-out process

·         Attend monthly meetings to review FM performance

·         Review of SLA to ensure the targets and activities are as required for AM

·         Monitor the Liaising  between the tenant and relevant departments as specific work is required by the tenant

Management Information Systems ( Horizon):

·         Approval of alerts issued by Leasing Coordinators

·         Regular Audit of data entry to ensure accuracy

·         Regular review with IT to ensure system is functioning as proposed at original implementation

·         Regular review of system reports to ensure information is accurate

Monthly Business Review:

·         Review P&L information to ensure accuracy with department forecast

·         Recommend information to be included on the monthly update

·         Complete data entry for the presentation

·         Update of department reports for occupancy and list of vacant units


 

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