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Home Nigeria Property Manager

Property Manager

Full time at FOOD CONCEPTS PLC in Nigeria
Posted on February 23, 2025

Job details

Job title : Property Manager

Job Location : Lagos Deadline : March 01, 2025 Quick Recommended Links Job Purpose
  • To co-ordinate, evaluate and acquire viable and valid sites within defined business specification, operating policies and procedures to ensure growth and profitability of the company.
  • To manage existing sites and relations between the company and landlords.
Core Responsibilities and Key Result Areas Property Sourcing & Management
  • Select, acquire and manage properties in line with the Company standards and best practice across the country
  • Conduct adequate property search with various regulatory agencies to confirm ownership of property
  • Create data base that contains the geographical mapping of various regions in the country to understand where Company may likely locate its business
  • Ensure market survey on trend on rental and capital values of properties across the states in the country
  • Source and build relationships with prospective clients to expand business opportunities
  • Manage property budget, analyzes property viability and feasibility before acquisition
  • Develop and manage annual budgets by forecasting requirements and analyzing variances, data and trends
  • Implement a system that checks the radius at which each site can be located both for Company owned stores and Franchise stores
Due Diligence
  • Ensure that the department has policies and procedures to assure compliance to regulatory laws in the industry
  • Responsible for obtaining relevant approvals and permits required to validate each site before acquisition and development
  • Process certificate of occupancy, Governors consents and re-certification of landed properties identified
  • Prepare budgets and administration of service charge/commission/legal fees etc. on identified properties/lease
  • Ensure that Company acquire/obtain lease for valid, lawful and viable sites/location for the business
  • Process certificate of occupancy, Governors consents and re-certification of landed properties identified
  • Negotiate sales, purchases and lease of properties with current and potential site owners on all issues/requirements throughout the life span of the property
  • Negotiation and prompt settlements of all statutory bills as regards acquisition of lease/property
  • Develop and implement rental/lease agreement, Service Level Agreement, contract of sale agreement and/or as applicable with landlords or site agents which must support the interest of the company
Risk Management/Compliance
  • Manage sites and site owner data base including monthly status of active and inactive sites
  • Liaise with the technical partners, government regulatory to ensure that planning approval and applicable permits are obtained before and during execution of project
  • Minimize the Company exposure and risk on property while also ensuring complete and adequate documents are stored appropriately.
  • Ensure a process and system that minimize agent cost, legal fees, commission etc.
  • Ensure timely reports of issues concerning sites and plan to resolve these issues as quickly as possible
  • Track and report team hours and expenses on a weekly basis.
Key Performance Indicators
  • Rate of legal issues on property acquisition
  • Rate of exposure attributed to property site
  • Turnaround time for property sourcing
  • Quality of sites sourced
  • Achievement of appropriate Due Diligence
Knowledge Requirements
  • Knowledge of Financial Management
  • Knowledge of Performance management
  • Knowledge of trends in property sales, leases and developments
  • Knowledge of Estate valuation
  • Demonstrates Process Management, Knowledge and Application
  • Familiar with retail business as it relates to property development
  • Knowledge of Budgeting and Cost Management
Job Specifications
  • A good first degree in Estate Management, Building, or related areas
  • Possession of a Master's degree in Business Administration or related degree is an added advantage
  • Membership of the PMC, and other relevant certification. Trainings on Property Management is also an added advantage
  • Minimum of 5-6 years' experience in a similar role, especially in the QSR/FMCG sector
Decision Expectations
  • Acts on defined procedures and decisions
  • Enforces agreed decisions
  • Plans own work schedule and work schedule of subordinates
  • Assigns work to subordinates
  • Monitor subordinates' work performance
  • Appraises/evaluates subordinates' performance

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