Senior / Asset Management Executive

Salary undisclosed

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Job Responsibilities:

1. Enhancing value of portfolio and RQAM business (Time Spent: 30%)

Partner with the team on compilation of market studies, competitive analysis and strategy, and trend analysis reporting.
Provide insights on operations and local market assessments of visited properties, and share assessment of new business products and solutions.
Provide support in feasibility reviews of any portfolio asset enhancement works.
Coordinate with internal/external stakeholders to ensure successful delivery of project.
Assist to monitor and manage documentations and project timelines, ensuring milestones of project are met.

2. Portfolio and Asset Management (Time Spent: 30%)

Participate and assist in preparing operational and financial performance reports of the portfolio in collaboration with internal stakeholders to prepare portfolio performance updates.
Assist to analyse audited financial statements, including related party fees, contingent liabilities, reserves, and surplus cash analysis and distribution.
Provide support to leasing teams by assisting to analyse and implement effective lease management strategies.

3. Budgeting and Forecasting, Performance Reporting, Tracking and Monitoring (Time Spent: 25%)

Collaborate closely with the Leasing teams, Finance Department and Facilities Management Department to manage financial reporting requirements, including budgeting and forecasting, ensuring properties meet projected financial goals.
Prepare and assist to review monthly reports and financial statements, analyse performance against budget, research variances, and recommend implementing operational changes to meet performance objectives.
Prepare quarterly reports and weekly updates on performance metrics.

4. Property Tax, Insurance and Valuation (Time Spent: 10%)

Provide support in portfolio insurance and valuation processes.
Provide support in portfolio property tax issues by working closely together with lease Admin and Finance teams. Liaison with tenants and IRAS for any clarifications on property tax related matters.

5. People Development (Time Spent: 5%)

Foster strong relationships with specific team stakeholders for successful collaboration.

Job Requirements:

Diploma and above in Real Estate, Building and Project Management or equivalent.
Senior Asset Management Executive - At least 3 years of relevant working experience in the real estate industry, preferably in the REITs Asset Management or with Building/ Project Management background.
Asset Management Executive - Open to fresh graduates, or at least 1 to 2 years of relevant working experience in the Real Estate industry, preferably in the REITs Asset Management or with Building/ Project Management background.
Broad knowledge and experience in commercial real estate; accounting principles; financial modeling and projections.
Must have strong lease administration and hands on asset management experience.
Possess adept understanding of different financial evaluation methods related to valuation and performance of real estate (such as IRRs, NPVs, WACCs, etc.,).
Excellent analytical skills in analyzing budgets, expenditures, competition, trends, etc.
Self-motivated, possess good communication skills, meticulous, organized and able to work independently.
Pleasant personality and good interpersonal skills.

In RQAM, we strive to provide each and everyone a,