Commercial Asset Manager - Client Side
Posted 2 days ago by Joshua Robert Recruitment
Quick apply
Job Description:
High-Growth propco with £1bn in assets. The business is the property arm of a private family office, with significant financial backing. They are seeking a Commercial Asset Manager to join the dynamic and growing team. The successful candidate will be responsible for the proactive management of a commercial property portfolio, ensuring high standards of tenant relations and financial performance.
Key Responsibilities:
In return, you will work for a hugely backed, high-growth propco with a number of high-profile trophy assets. You'll have the opportunity to progress rapidly under the supervision of the Asset Management Director. Alongside this, you'll receive a basic salary of c£50,0000 - £55,000 + significant benefits.
High-Growth propco with £1bn in assets. The business is the property arm of a private family office, with significant financial backing. They are seeking a Commercial Asset Manager to join the dynamic and growing team. The successful candidate will be responsible for the proactive management of a commercial property portfolio, ensuring high standards of tenant relations and financial performance.
Key Responsibilities:
- Lease Management: Monitor, negotiate, and manage tenants’ lease events, including rent reviews, break clauses, and expires.
- Lease Interpretation: Familiarise with and interpret standard commercial lease terms from leasing documents.
- Agent Management: Instruct and oversee letting agents on vacant commercial properties.
- Negotiations: Review, negotiate, and agree on Heads of Terms (HOTs) with prospective tenants via instructed agents.
- Data Management: Ensure property data is accurate, up-to-date, and maintained on our central system, particularly regarding lease, service charge, and insurance for all lease events.
- Financial Oversight: Understand tenant rent statements, investigate discrepancies, and manage annual insurance renewals to ensure best value.
- Billing and Claims: Ensure accurate billing of recoverable insurance premiums, manage insurance claims, and oversee county court claims and post-judgment recovery actions.
- Tenant Applications: Handle all applications for consent, including alterations, assignments, and underlettings.
- Cost Management: Minimise vacant property costs, including business rates and utility charges.
- Compliance: Ensure block/building level compliance with statutory audits (health & safety, fire, asbestos, water risk assessments) and manage business rates matters with the VOA.
- Service Charge Management: Prepare and approve service charge budgets, demands, and apportionments; oversee Section 20 procedures and communicate projects to tenants.
- Accounts Liaison: Collaborate with the accounts department for end-of-year service charge reconciliations and oversee the recovery of relevant recharges and service charge arrears.
- Repair and Tender Management: Oversee repair quotes and tenders to ensure costs are forecasted and recovered correctly with adequate tenant notice.
- Minimum of 5 years of comparable experience in commercial asset management.
- Comprehensive knowledge of relevant legislation.
- Strong commercial and financial acumen.
- High accuracy and attention to detail.
- Excellent organisational skills, with the ability to prioritise, manage time efficiently, and meet deadlines.
- Superior communication and writing skills.
- Strong influencing and negotiation skills.
- Ability to work autonomously and show initiative.
- Excellent judgment and decision-making abilities.
- Accountability to senior management for actions and performance.
- Previous experience with Qube property management software is preferred.
In return, you will work for a hugely backed, high-growth propco with a number of high-profile trophy assets. You'll have the opportunity to progress rapidly under the supervision of the Asset Management Director. Alongside this, you'll receive a basic salary of c£50,0000 - £55,000 + significant benefits.
- Type:
- Permanent
- Contract Length:
- N/A
- Contact Name:
- Login or register to view
- Telephone:
- Login or register to view
- Job Reference:
- 15318401
- Job ID:
- 221936208
Remember: You should never send money to a prospective employer or disclose any financial information. Should you encounter any job listings requesting payments or financial details, please reach out to us immediately. For further guidance, visit jobsaware.co.uk.
