At a Glance
- Tasks: Lead strategic growth and oversee daily operations of a high-end property management business.
- Company: JR Capital is a multifamily office in London, managing luxury residential properties.
- Benefits: Enjoy competitive salary, performance bonuses, and long-term incentives including profit share.
- Why this job: Join a dynamic team, implement your vision, and expand into new markets with a loyal client base.
- Qualifications: Proven leadership experience in property management and a strong entrepreneurial spirit required.
- Other info: Access extensive industry contacts and travel opportunities across the UK, Europe, and MENA regions.
The predicted salary is between 72000 - 100000 £ per year.
Business opportunity for an entrepreneurial Managing Director to scale an established high-end Central London Residential Property Management business. JR Capital is a London-based multifamily office with an established in-house residential property management business serving our existing and loyal client base. The company manages 200+ high-end residential properties in Prime Central London, providing a comprehensive range of services for high-value vacant (holiday homes) and rental properties.
We are seeking an experienced and entrepreneurial individual to join the business at Managing Director / Partner level. The individual will be responsible for leading the strategic growth of the business. The business currently serves our existing Middle Eastern client base; there is significant potential to expand the offering to wider markets and clientele.
The role involves balancing day-to-day operational oversight with long-term strategic planning to expand our client base and maximize our service quality and profitability. A strong emphasis will be placed on business development and marketing. The benefits package will be weighed towards performance with a long-term incentive plan including profit share.
Key Responsibilities- Develop and implement a strategic growth business plan.
- Build, lead, and develop a high-performing team of property managers.
- Drive business growth through client retention, service innovation, and expansion opportunities.
- Explore expansion opportunities through merger/acquisition or other corporate events.
- Identify potential new markets.
- Identify potential new income streams.
- Develop and implement branding & social media strategies.
- Represent the company at industry events, conferences, and client meetings.
- Manage company budgets, forecasting, and financial reporting.
- Ensure financial targets and KPIs are met, including revenue growth and cost efficiency.
- Oversee Head of Property Management dealing with day-to-day property management operations, ensuring high service standards.
- Lead recruitment, training, and professional development initiatives alongside the Head of Property Management.
- Identify and integrate appropriate Software and CRM systems.
- Ensure the business is compliant with all current regulations and newly introduced legislation.
- Entrepreneurial spirit and ability to initiate business/marketing ideas.
- Proven experience in a senior leadership role within property management, facilities management, agency or associated sectors.
- Strategic thinker with a track record of driving growth.
- Excellent leadership and people management skills.
- Experience in financial planning, budgeting, and P&L management.
- Adaptable, proactive, and solution-driven.
- Board & shareholder level reporting.
- Competitive base salary.
- Performance-related bonus.
- Long term incentive programme linked to revenue growth with the opportunity to become a shareholder.
- Pension & health benefits.
The position would suit a candidate with a transferrable book of HNW clients with properties in Central London and the Home Counties. In addition to generating your own marketing initiatives, we will provide access to a significant book of industry contacts including private banks, wealth managers, trust companies, law firms and other professional service providers in the UK, Europe and MENA regions, where there will be extensive opportunities to travel.
This is an exciting opportunity for somebody who wishes to implement their own strategic vision and benefit from the backing of an established management platform with a loyal client base.
If you are interested in this position, please send your resume and a brief statement of interest to Philip Carroll – philip@jrcapitalgroup.com.
Managing Director of Property Management employer: JR Capital Property Management
Contact Detail:
JR Capital Property Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Managing Director of Property Management
✨Tip Number 1
Network strategically within the property management sector. Attend industry events, conferences, and seminars where you can meet potential clients and partners. Building relationships with high-net-worth individuals and professionals in related fields can open doors to new opportunities.
✨Tip Number 2
Showcase your entrepreneurial spirit by developing a unique business growth strategy tailored to the luxury property market. Be prepared to discuss innovative ideas that could attract new clients and enhance service offerings during interviews or networking opportunities.
✨Tip Number 3
Familiarise yourself with the latest trends in property management technology and CRM systems. Being knowledgeable about these tools will not only demonstrate your commitment to efficiency but also your ability to lead a modern, tech-savvy team.
✨Tip Number 4
Prepare to discuss your experience in financial planning and P&L management. Highlight specific examples of how you've successfully managed budgets and driven revenue growth in previous roles, as this will be crucial for the Managing Director position.
We think you need these skills to ace Managing Director of Property Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in property management and leadership roles. Emphasise any entrepreneurial ventures or strategic growth initiatives you've led, as these are key for the Managing Director position.
Craft a Compelling Cover Letter: In your cover letter, express your passion for property management and your vision for scaling the business. Mention specific strategies you would implement to drive growth and enhance service quality, aligning with the company's goals.
Showcase Your Network: If you have connections with high-net-worth clients or industry professionals, mention this in your application. Highlighting your existing network can demonstrate your potential to expand the client base effectively.
Highlight Financial Acumen: Given the emphasis on financial planning and P&L management, ensure you detail your experience in budgeting and financial reporting. Use specific examples to illustrate how you've successfully managed financial targets in previous roles.
How to prepare for a job interview at JR Capital Property Management
✨Showcase Your Entrepreneurial Spirit
As the role requires an entrepreneurial mindset, be prepared to discuss your past experiences where you've initiated business or marketing ideas. Highlight specific examples of how you've driven growth in previous positions.
✨Demonstrate Leadership Skills
This position involves leading a high-performing team. Be ready to share your leadership philosophy and provide examples of how you've successfully managed teams, developed talent, and fostered a positive work environment.
✨Understand Financial Management
Since financial planning and budgeting are key responsibilities, brush up on your knowledge of P&L management. Be prepared to discuss how you've met financial targets in the past and your approach to ensuring cost efficiency.
✨Prepare for Strategic Discussions
The role focuses on long-term strategic planning and market expansion. Think about potential new markets or income streams you could explore and be ready to present your ideas on how to implement them effectively.