Vice President - Asset Management - Real Estate

Asset Management and Operating Performance :

• Protect company and investor interests by partnering with on-ground teams for all core activities of the operational assets spanning operating performance, value enhancement, cash flow management, operational excellence, revenue management, marketing, risk and compliance, etc.
• Actively support on-site operations teams, to maximize the operational efficiency of the investment and improve the bottom line (NOI) of the asset.
• Drive initiatives that can help in revenue enhancement in the form of increasing sales for the centre, enhance footfalls, drive rental growth through creative deal structuring, etc.
• Work with various internal and external stakeholders to improve valuation of the asset.
• Provide inputs on structure and revenue proposals from leasing, marketing, events, promotions, etc. along with the sales and marketing team.
• Track and review impact of key operating and capital expenditures throughout the course of the year in terms of procurement process, cash flow, business operations, etc.
• Ensure compliance by the business and operations teams of the asset, across secretarial, financial, operational, regulatory and other matters.
• Support marketing teams in enhancing effectiveness of marketing strategies in terms of conceptualizing unique activations/events, monetizing marketing events, and driving relevant footfalls from marketing activities.
• Drive adoption of all technological products for the asset with respect to sales & marketing, finance, compliance, etc.
• Help achieve ESG targets for the centre by ensuring adherence to global benchmarks and best practices.
• Drive various asset enhancement initiatives that can contribute towards increased development footprint, enhanced revenues, customer experience, product offering, etc.
• Interface with key brands, vendor partners, property managers, financial controller, lenders, public agency partners, and other third parties, as required to achieve annual targets and long-term vision for the asset.

Reporting, Due Diligence and Investment Analysis :

• Support in preparation and review of the annual business plan, leasing plan, capital programme and operating budgets for the asset.
• Provide analytical support / conduct return analyses for the assets on a monthly/quarterly basis with the senior management.
• Prepare asset management reports as required for the investment committee.
• Monitor and analyse NOI, expense, debtors and other variances through monthly and quarterly reporting, and summarize findings to the appropriate department.
• Maintain a full lifecycle financial model for the operational asset, and conduct ROI analysis for any special initiatives such as rezoning exercises, asset enhancement, technological upgrades, etc.
• Review and monitor operating reports, financial statements and tax returns, internal audit reports to evaluate impact on asset performance.
• Participate in the due diligence review for any asset enhancement activities, lease reviews, operation reviews and HR matters.
• Ensure proper knowledge management practices, competition updates, market overviews, as relevant for the operational asset etc.

Qualifications / Experience Required :

• 8-10 years of work experience in a Real Estate focused investment/asset management profile / institutional commercial real estate players would be an added advantage.
• Good knowledge in financial modeling and presentation skills.