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.
- 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
- 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
- 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.
- 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 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
- 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
- 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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