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For Companies At a Glance
- Tasks: Manage and value the Council's diverse operational properties while enhancing rental income.
- Company: Join a dynamic Council team focused on strategic asset management and community impact.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: Make a real difference in your community while developing valuable skills in property management.
- Qualifications: Experience in property management and strong negotiation skills are essential.
- Other info: This role offers a chance to lead projects that shape the future of local assets.
The predicted salary is between 43200 - 72000 £ per year.
Job purpose
A senior member of the Assets and Property team with responsibility for providing professional advice in the management, valuation and strategic asset management of the Council\’s land and property. To support the corporate Asset and Property Manager to manage the Council’s operational property estate and to assist client services on property related projects.
Main duties
Property management 1. To perform all required duties to ensure the effective management and valuation of a diverse estate of operational properties. 2. To carry out property valuations, lettings, surrenders, renewals, development appraisals and negotiate complex property transactions. 3. To enhance rental income through the implementation and management of rent reviews and lease renewals and where necessary employ external property consultants to negotiate the best rents available. 4. To identify opportunities through pro-active management to increase the capital value of the estate, seeking opportunities to add real value and advance developable land on the best possible commercial terms. 5. To prepare, manage and control the annual revenue and expenditure budget forecasts for any operational properties, challenge costs and achieve operational savings. This includes the preparation and management of service charges. 6. To maintain awareness of statutory compliance regarding management of asbestos, legionella, fire risk, health and safety and so on and undertake checks to ensure that tenants and occupiers fulfil their statutory, legislative and health and safety responsibilities. 7. To establish and maintain good standards of health and safety and fire safety across sites and operations under the control of the Assets and Property service, complying with all legal and Council requirements and good practice.
Strategic asset management
8. To assist the Head of Asset Management in strategic asset management in line with the Council\’s Strategic Priorities to formulate improved policies and strategies for the management of the Council\’s property estate. 9. To project manage client service requests to maximise the best value from the Council’s operational estate. This will involve overseeing the acquisition, disposal and letting of properties in line with targets set by the Council and the client service. 10. To devise development options for key Council-owned land and buildings in line with the property Asset Strategy and Asset Management Framework in order to deliver Council services and maximise income or capital values taking into account, where appropriate, an allowance for social, economic or environmental benefits. 11. To develop and progress a strategic plan for the Council’s operational estate, building on relationships and collaborating with the Council’s lessees and internal client services, to ensure the operational estate remains fit for purpose. 12. To contribute to the management of major regeneration projects providing a corporate and commercial approach to the Council’s landholding, working as part of a multi-disciplinary team of advisors and partners, including the private sector. This may involve site assembly and compulsory purchase of individual properties in order to facilitate key developments.
Estate management
13. To assist the Corporate Property Manager in the annual property asset valuations of the estate in accordance with guidance from the Chartered Institute of Public Finance and Accountancy Code of Practice for Local Authority Accounting of property asset valuations. 14. To provide professional advice and a responsive service to internal customers, and to build and maintain strong relationships at all levels across the Council to promote Corporate Property Services.
Other duties
15. To manage and oversee the Asset and Property Managers whose duties include responsibility for the property management of individual properties, including carrying out valuations, rent reviews and lease renewals of the Council’s properties. 16. To lead and manage internal and external advisors and contractors to deliver services and various works, monitoring and reviewing their performance to ensure best value for the Council. 17. To develop external relationships with the Council’s lessees, representatives of statutory bodies, adjacent landowners, local agents and others to promote the Council\’s interest as necessary. 18. To liaise closely with Legal Services to document property agreements. 19. To liaise closely with Financial Services to ensure the Council records correctly classified properties and leases for resource accounting purposes. 20. To maintain the Council’s computerised property management system, identify any misuse of the Council’s land and property, and instigate appropriate enforcement action as necessary. 21. To provide assistance as directed and valuation advice on valuations for capital accounting purposes of the Council’s operational and investment properties.
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Senior Asset Manager employer: Vivid Resourcing
Contact Detail:
Vivid Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Asset Manager
✨Tip Number 1
Network with professionals in the property management and asset management sectors. Attend industry events, webinars, or local council meetings to connect with individuals who can provide insights or even refer you to opportunities within the Council.
✨Tip Number 2
Familiarise yourself with the Council's Strategic Priorities and Asset Management Framework. Understanding these will help you align your discussions and demonstrate how your experience can contribute to their goals during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed property valuations and transactions in the past. Highlighting your achievements in enhancing rental income or managing budgets will showcase your capability for this role.
✨Tip Number 4
Stay updated on current legislation and best practices related to health and safety, fire risk, and property management compliance. Being knowledgeable about these areas will not only boost your confidence but also impress potential employers.
We think you need these skills to ace Senior Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in asset management, property valuation, and strategic planning. Use specific examples that demonstrate your ability to manage diverse operational properties effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the organisation. Discuss how your skills align with the responsibilities outlined in the job description, particularly in managing budgets and enhancing rental income.
Showcase Relevant Achievements: Include quantifiable achievements in your application, such as successful property transactions or improvements in asset value. This will help illustrate your capability to add real value to the Council's estate.
Highlight Compliance Knowledge: Demonstrate your understanding of statutory compliance related to property management. Mention any relevant certifications or training you have completed that relate to health and safety, fire risk, or other compliance areas mentioned in the job description.
How to prepare for a job interview at Vivid Resourcing
✨Know Your Property Management Basics
Make sure you brush up on the fundamentals of property management, including valuation techniques and lease negotiations. Being able to discuss these topics confidently will show your expertise and readiness for the role.
✨Demonstrate Strategic Thinking
Prepare examples of how you've previously identified opportunities to enhance property value or improve operational efficiency. This will highlight your ability to think strategically, which is crucial for a Senior Asset Manager.
✨Familiarise Yourself with Compliance Regulations
Understand the statutory compliance requirements related to property management, such as health and safety regulations. Being knowledgeable in this area will demonstrate your commitment to maintaining high standards.
✨Build Relationships
Be ready to discuss how you've successfully built and maintained relationships with various stakeholders in previous roles. This is key for collaborating with internal teams and external partners, which is a significant part of the job.
