Asset & Property Manager (Investment)

Client: Guildford Borough Council

Location: Guildford

Salary: Grade 8 - £47,164 - £53,262

Closing date: Sunday, 12 December 2021 23:30

Salary: Grade 8 - £47,164 - £53,262

Closing Date: 12th December 2021 

Interview Date: Interview Date 15th and 16th December 2021

 

Are you a pro-active, motivated, and confident individual who is seeking a challenging role with good career prospects? If the answer is "yes" then we'd like to hear from you to.

The Council holds an extensive commercial investment property fund, that generates a significant income revenue used to fund a variety of activities across the Council. Alongside this, the Council is currently in the midst of delivering an exciting construction led development project, that will complement our existing assets.

Our c.£150 million investment Property Fund comprises the principal commercial property sectors: office, retail, industrial and alternatives (hotels, car showrooms, petrol stations, leisure, etc.) and aims to provide a high and secure level of income with the prospect of  income growth and to  maintain the capital value of the properties held in the Fund.

We are seeking an Asset and Property Manager to lead a small team managing the Council's property investment fund with a responsibility to maximise the performance of the Council's strong property investment portfolio, generate income growth through rental increases, refurbishments, active asset management and new lettings, as well as investing in a diversified commercial property portfolio.

What you'll do on a typical day:

  • Lead a small team responsible for all aspects of property and asset management in order to maximise value and income. This includes lettings, rent reviews, lease renewals, budget management, management of service charge accounts on properties within the portfolio including preparation and reconciliation of service charge budgets
  • Provide leadership, oversight, support and advice to the Property & Asset Managers
  • Develop appropriate Council strategies in relation to the Council's property investment portfolio and put in place procedures and protocols to improve the efficient management of the fund
  • Review in greater detail key assets to provide improved performance or potential savings to be made and deliverability where such projects would involve disposing, improving, developing and/or acquiring assets
  • Lead on key property acquisition and disposal transactions either directly or through appointed consultants
  • Collaborate with service teams and the corporate programme delivery team as specialist advisor whilst maintaining communication with key councillors to ensure clear understanding of any proposed changes to assets
  • Work with the Head and Deputy Head of Asset Management to develop and coordinate an action plan to inform the Council's capital and investment strategy, including the preparation of any reports or briefings on projects
  • Monitor the performance of the fund in liaison with Council's corporate governance team

 

What you need to succeed in this role:

At a minimum, you will be able to demonstrate:

  • Education to degree level in Estate Management or an equivalent subject, and a qualified member of the RICS (MRICS/FRICS)
  • Strong leadership skills and high levels of commercialism
  • Strong experience in Asset Management and managing a large property portfolio
  • Proven responsibility for overseeing budgets and service expenditure
  • Excellent interpersonal skills and confidence in dealing with various stakeholders at all levels and experience of working collaboratively with internal and external clients
  • Strong skills in project delivery and strategic planning in relation to property
  • Experience of leading property acquisition and disposal transactions
  • Proven experience of appraising assets against strategic and commercial targets
  • Proven experience of developing and writing business cases, producing reports and presenting clear information to others verbally and in writing
  • Conscientious attitude and attention to detail
  • Strong knowledge of relevant legislation and health and safety within Asset Management
  • Excellent IT skills and understanding of any relevant asset management IT tools is desirable
  • Experience of working within a local authority is also desirable

What's in it for you?

We are a diverse organisation delivering a wide range of services and employing people with an even broader range of skills. We want to attract the best, so we provide excellent training opportunities, including support towards professional qualifications. We also offer well established flexible working arrangements including the ability to  vary your start and finish times, and work from home on occasion. We also offer many other benefits including health and wellbeing initiatives, an employee assistance programme and discount off a range of well-known high street shops and supermarkets.

We offer a good range of benefits and facilities which include:

  • Competitive Salary
  • Generous annual leave entitlement
  • Local Government pension scheme (defined benefits scheme)
  • Confidential Employee Advice and Support Programme
  • Flexible Working Scheme and the ability to accrue 2 additional days flexi leave a month

About Guildford

Guildford is a regional centre for leisure, business, education, shopping and culture set in beautiful countryside that includes the Surrey Hills Area of Outstanding Natural Beauty. Guildford is a thriving market town and is a principal shopping destination with a vibrant night time economy. The town's geographical location provides excellent transport links in all directions, London is just 30 minutes away on the train and the town is well-served by frequent bus routes and subsidised Park and Ride facilities. All of this contributes to a quality of life that attracts many people to live, work in and visit Guildford.

 

We are an equal opportunity employer and value diversity. All employment decisions are made on the basis of qualifications, merit and business need. Our organisation is committed to safeguarding and promoting the welfare of children, young people and vulnerable adults, and expects all staff and post-holders to share this commitment.  To fulfil this commitment we have robust systems in place for the safe recruitment of staff and volunteers.