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EASTERN CAPE DEVELOPMENT CORPORATION (ECDC)
 
The Eastern Cape Development Corporation does not endorse or tolerate any fraud, bribery/corruption or job selling. Please report such instances to the Toll-free Tip-off number: 0800 116 655. The ECDC does not accept unsolicited applications or CVs from recruitment agencies and/or search firms, and will consequently not be held liable for payment of placement and/or searching fees.
 
SENIOR MANAGER: INVESTMENT ASSET MANAGEMENT 
- GRADE 19 (Total Cost to Company)

 
The role shall be responsible for the following:
  • Manage and develop the ECDC real estate portfolio through the provision of efficient and effective asset management services in line with strategic mandates by providing an asset management framework, systems, processes and decision making for optimizing value creation and income generation from the corporations’ assets.
  • Develop strategies, policies and procedures guiding the management, operation, maintenance, and disposal of Corporation’s assets.
  • Provision of property development and asset management services focusing on the continuous appraisal of the effectiveness of corporate asset projects practices (design, development, production and maintenance).
  • Constant exploring of cost effective asset management and valuation options in order to sustain and improve corporate performance and targets.
  • Spearhead private sector commercial partnerships to secure optimal value from the Corporation investment assets.
  • Oversee measures for managing and mitigating risks relating to the investment asset portfolio.
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KEY DUTIES AND RESPONSIBILITIES

The Key Performance Areas will encompass:
  • Development and implementation of strategic and operational policies
  • Develop and implement asset management system/ plans/ policy development & communication
  • Pursuit of value creating property development opportunities utilizing existing and acquired assets
  • Disposal of non-core ECDC properties
  • Development of ECDC and third-party property assets through strategic sourcing and partnerships
  • Operational oversight of the asset registers as well as financial reporting
  • Ensure asset risk management and shareholder value retention and growth
  • Maintain the asset performance management system
  • Management of the Unit and its resources
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QUALIFICATIONS
  • Post Graduate degree in commerce or property development
  • At least 10 years relevant senior management experience of which 3 years senior management experience in the property sector
  • A deep understanding of property asset management
  • Advanced financial management and analysis skills
  • Advanced understanding of the property sector, associated legislation and relevant contractual mechanisms
  • Experience of working in multi-cultural and diverse teams
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Applications:
  • This is a 5-year appointment, and the successful candidate will be subjected to signing a performance contract.
  • Candidates that meet the outlined requirements should submit their applications along with a detailed CV with at least three contactable references, certified copies of educational qualifications, identity document and valid driver’s license.
  • Background checks and verification of qualifications will be conducted on the shortlisted candidates.
  • If you have not been contacted within 8 weeks after the closing date of the advertisement, do regard your application as unsuccessful.

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In making these appointments, the ECDC reserves the right to apply the principles enshrined in the Employment Equity Act, its policies and plans.

All submissions to be sent to:
The Recruitment Office
Tel: 043 704 5620
Email: humanresources@ecdc.co.za

Closing date: 24 February 2023