Job Description / Duties

Our client is an established, reputable overseas real estate development firm with significant holdings throughout the lower mainland. They are looking to hire an: ASSET MANAGER.

Based in Vancouver and reporting to an overseas ownership group, the successful candidate will be responsible for the overall management of an existing real estate portfolio. You will look to maximize cash flow and revenue, as well as look for possible future acquisitions to the portfolio.

Other duties will include:

• Maximizing the total return of each asset through the analysis of property efficiencies and identifying opportunities for improved performance.
• Directing and working closely with third party property managers in the development of annual operating budgets including capital investment programs, and the day to day execution and oversight of same.
• Monitoring assigned assets including detailed review of monthly financial reports from property managers.
• Managing the activities of third party property managers to ensure that high quality services are provided to tenants.
• Working with assigned leasing agents on marketing and leasing strategies. Providing lease administration support and negotiating lease renewals as required.
• Undertaking detailed review of third party appraisals.
• Undertaking periodic property site inspections and reviews.
• Ensuring the integrity, accuracy, consistency and completeness of third party reporting (including financial statements, capital plans and amortization schedules, tenant recovery schedules, etc.).

Qualifications / Required Skills

The successful candidate will have:
• Minimum of 8 years commercial and retail property management or asset management experience with office, industrial and retail properties.
• Solid and practical understanding of investment fundamentals and North American real estate market dynamics.
• Strong understanding of real estate valuation methods.
• Undergraduate degree with an emphasis in finance, real estate or related discipline preferred.
• Excellent financial and analytical skills and solid understanding of accounting fundamentals.
• Exceptional attention to detail and proven ability to multi-task, think logically and problem solve effectively.
• Excellent organizational, communication and negotiation skills.
• Proven self-starter with the ability to work independently as well as part of a team.
• Experience working with overseas owners is an asset.
• Experience with shopping centres is a must.

Additional Information

Salary:

Contact Information

If you are ready to take on this exciting role, please submit your background in confidence at careers.wmc.ca or, for more information please contact Paul Gibbons of Western Management Consultants at (604) 443-3731.

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