R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
Our client is a vertically integrated platform built for long-term performance across the full property lifecycle. They develop, acquire and manage high-quality real assets across core property sectors. Their integrated model ensures alignment at every stage of the lifecycle, delivering certainty where others cannot. Operational discipline. Long-term conviction. A portfolio built to endure. National offices and offices in Africa and Mauritius. Very successful stable business with big aspirations for growth.
They now seek a chief executive officer to join their team. You will report to the board of directors.
JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:
- You will be required to establish and lead the strategic vision, mission, direction and policy framework of the company, ensuring the effective alignment of people, processes and resources;
- You will be required to provide enterprise-wide leadership, guides organisational performance and coordinates the execution of strategic and operational priorities through the executive and senior management teams;
- Financial stewardship and sustainable performance:
- You will be required to provide strategic oversight of the Group’s financial planning and budgeting activities to enable sustainable operations, optimise investment returns and enhance organisational efficiency;
- You will be required to review and approve budgets, funding requirements and programme allocations, while ensuring that robust financial, administrative and record-management controls are maintained;
- Strategy, policy and organisational performance
- You will be required to assess organisational, departmental and employee performance against approved objectives and implement measures to improve cost efficiency, operational effectiveness and policy alignment;
- You will be required to direct the development and execution of policies, objectives and business activities across the group of companies to ensure continuity, strengthen productivity and maximise sustainable returns;
- You will be required to provide strategic direction for business and departmental activities relating to service offerings, pricing, sales and investment decisions;
- Real estate development and investment:
- You will be required to lead the organisation’s real estate development strategy and pipeline in alignment with the long-term business strategy;
- You will be required to identify and assess new development opportunities, including land acquisition, redevelopment, mixed-use and strategic real estate projects;
- You will be required to oversee the end-to-end development lifecycle, from opportunity identification, feasibility and planning through funding, approvals, construction, completion and commercialisation;
- You will be required to ensure developments achieve targeted financial returns, strategic outcomes, quality standards and time-to-market objectives;
- You will be required to drive innovation in development, including sustainable, future-fit and commercially viable real estate solutions;
- You will be required to establish strategic partnerships with developers, government, financiers, professional teams and other key stakeholders;
- You will be required to develop and execute the organisation’s real estate investment strategy, aligned to its growth and capital allocation objectives;
- You will be required to identify, evaluate and execute acquisition, investment, joint venture and strategic partnership opportunities that create long-term value;
- You will be required to provide strategic oversight of investment appraisal, financial modelling, valuation, due diligence and transaction structuring;
- You will be required to optimise the allocation of capital across the real estate portfolio to achieve sustainable returns and an appropriate balance between growth and risk;
- You will be required to lead negotiations and investment decisions relating to acquisitions, disposals, recapitalisation and portfolio restructuring;
- You will be required to maintain a strong understanding of real estate investment markets, economic trends, funding structures, investor expectations and emerging opportunities;
- You will be required to ensure all investment decisions are supported by robust commercial, financial, legal and risk analysis and appropriate governance;
- You will be required to drive the strategic management and optimisation of the organisation’s real estate portfolio to maximise long-term value;
- You will be required to ensure effective asset performance, real estate management, tenant/occupier relationships, income generation and cost optimisation;
- You will be required to develop and implement strategies for asset enhancement, refurbishment, redevelopment, repositioning and portfolio optimisation;
- You will be required to monitor portfolio performance against key financial, operational, investment and strategic objectives;
- You will be required to ensure the portfolio remains competitive, sustainable, resilient and responsive to changing market and customer requirements;
- You will be required to optimise occupancy, rental income, asset values, operating costs and investment returns across the portfolio;
- You will be required to establish appropriate portfolio governance, risk management, reporting and performance management frameworks;
- You will be required to develop a high-performing leadership team and foster a culture of accountability, innovation, performance and value creation across the real estate business;
- You will be required to provide strategic advice and thought leadership to the board and executive leadership on real estate markets, investment strategy, development opportunities and portfolio performance;
- You will be required to represent the organisation as a credible and influential leader within the real estate and investment sectors, enhancing the organisation’s reputation, strategic relationships and market positioning;
- You will be required to deliver the organisation’s 10-year real estate ambition, ensuring that the portfolio and business are positioned for sustainable growth, resilience and long-term value creation;
- Governance, leadership and organisational design:
- You will be required to collaborate with the board of directors, executive committee and employees on strategic and operational matters, facilitating effective coordination, timely issue resolution and the implementation of appropriate corrective actions;
- You will be required to design and maintain an organisational structure that clearly defines the capabilities required to deliver the company’s mandate, establish departmental accountability and support effective coordination across functions and locations;
- Commercial and stakeholder management:
- You will be required to negotiate or approve significant contracts and agreements with suppliers, distributors, regulatory authorities and other stakeholders whose activities may materially influence the company’s performance;
- You will be required to represent the company at official engagements, advance the group’s strategic interests and where appropriate, appoint suitably authorised representatives;
- Reporting and executive oversight:
- You will be required to prepare and present comprehensive reports on operational performance, expenditure, budgets, regulatory developments and other matters affecting the Group’s businesses and services.
CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:
- You have demonstrated expertise in contemporary leadership, governance and management practices – this is non-negotiable;
- You have collaborative and inclusive leadership style, supported by a proven record of building and leading high-performing teams – this is non-negotiable;
- You have exceptional leadership capability, demonstrated through sound ethical judgement, professional integrity and personal accountability – this is non-negotiable;
- You have a demonstrable commitment to inclusive stakeholder engagement, transparency and effective corporate governance. – this is non-negotiable;
- You have highly developed emotional intelligence and interpersonal effectiveness – this is non-negotiable.
CORE QUALIFICATIONS AND EXPERIENCE:
- You have a postgraduate qualification / MBA or equivalent in business, finance, real estate or a related field;
- You have a master’s degree or recognised postgraduate business qualification in property –
- You have a minimum of 18 years’ current, relevant senior executive leadership experience within a comparable business environment with a significant and demonstrable profile and track record in the real estate and real estate industry;
- You have extensive experience in real estate development, real estate investment, asset management and portfolio management, across a diversified real estate portfolio;
- You have proven track record of leading large-scale, complex and high-value real estate developments and investment transactions;
- You have demonstrated success in developing and implementing real estate strategies that deliver sustainable growth, commercial returns and long-term value creation;
- You have extensive experience in capital allocation, investment decision-making, acquisitions, disposals, development feasibility, funding structures and portfolio optimisation;
- You have a strong understanding of real estate investment markets, development economics, valuations, funding models, financial performance and risk management;
- You have proven experience in board and executive-level engagement, with the ability to translate complex real estate and investment matters into clear strategic decisions;
- You have demonstrated ability to lead large, multidisciplinary organisations and high-performing executive teams, with a strong focus on culture, accountability and performance;
- You have extensive experience engaging with investors, financial institutions, government, regulators, developers, institutional partners and other senior stakeholders;
- You have demonstrated commercial acumen, strategic leadership, investment judgement and entrepreneurial mindset, with the ability to identify and convert opportunities into sustainable business value;
- You have a strong understanding of South African and/or international real estate markets, with an established network and credible profile within the real estate and investment ecosystem;
- You have a strong strategic understanding of organisational growth, transformation and development processes;
- You have sound knowledge of the King III Report on Corporate Governance and its application within an organisational context;
- You have knowledge of real estate industry – extensive knowledge of the real estate industry, developed through many years of experience across property investment, development, asset management, leasing, valuations, and property operations. A deep understanding of market dynamics, investment fundamentals and value creation providing strategic insight and sound commercial judgment across the property lifecycle;
- You have knowledge of administration and management — extensive knowledge of business and management principles, including strategic planning, resource allocation, human capital planning, operational leadership and the effective coordination of people and resources
- You have knowledge of human capital management — comprehensive understanding of talent acquisition, learning and development, remuneration and benefits, employee relations, negotiation and human resources information systems;
- You have knowledge of law and government — sound knowledge of relevant legislation, legal and regulatory frameworks, legal precedents, executive directives and public-sector processes applicable to the organisation;
- You have knowledge of economics and accounting — strong command of economic and accounting principles, financial markets, banking practices and the analysis and reporting of financial information;
- You have knowledge of sales and marketing — knowledge of the principles and methodologies used to position, promote and commercialise products and services, including marketing strategy, sales approaches and performance management systems;
- You have behavioural insight — a well-developed understanding of human behaviour and performance, individual differences, learning, motivation and organisational dynamics;
- You have sound judgement and decision-making — ability to evaluate the costs, benefits and risks associated with alternative courses of action and make sound, timely decisions;
- You have knowledge of complex problem-solving — ability to identify complex challenges, analyse relevant information, evaluate options and implement sustainable solutions;
- You have critical thinking knowledge — ability to apply logical and analytical reasoning to assess the merits and limitations of alternative solutions, conclusions and approaches
- You have coordination — ability to align cross-functional activities and adapt priorities and actions in response to organisational and stakeholder requirements;
- You have knowledge of management of human resources — ability to inspire, develop and direct employees, and to identify and appoint suitably qualified talent;
- You have knowledge of management of financial resources — ability to allocate financial resources effectively and maintain appropriate governance, control and accountability for expenditure;
- You have knowledge of performance monitoring — ability to evaluate organisational and individual performance, identify opportunities for improvement and initiate timely corrective action;
- You have negotiation knowledge — ability to engage stakeholders constructively, reconcile competing interests and achieve sustainable, mutually acceptable outcomes;
- You have influence and persuasion knowledge — ability to influence key stakeholders and secure commitment to appropriate strategic and operational courses of action.
This is an exciting challenging role. You have relevant subject matter expertise. You are a natural and proven leader. You are client centric and have presence and gravitas while also being able to interact with anyone in the business. Property excites you and you are also business savvy. This is a great role and all the criteria for the role need to be present if you are keen to apply. Rewards are good and you will be part of growing a business for the future.