Asset And Investment Manager

Job Description:

Asset & Investment Manager

Salary up to £63,066 pa

Flexible working, Hybrid

Are you passionate about managing commercial property assets and delivering outstanding services in a vibrant and diverse environment? Do you have experience of leading a team of professionals across different sectors and functions and working at a strategic level? Do you have knowledge of corporate asset investment, management, valuation and estate management issues? If you answered yes to these questions, then you might be the perfect candidate for this position.

About the organisation and area

East Suffolk is an exciting place to work and live, with excellent transport links, combining beautiful countryside, rugged coastline, award-winning beaches and delightful market towns.

The East Suffolk Council team play a critical role in ensuring that managing the Council’s extensive property portfolio to deliver the Council’s objectives. The team are working on a diverse range of exciting and innovative projects, including bringing disused town centre sites back into life by reconfiguring them for long term and sustainable use. They are also delivering new seafront leisure schemes to support a growing tourism economy, and collaborating with Coastal Partnership teams as an enabler of vital flood defence works.

About the Role

East Suffolk Council own and manage around 3000 assets. The portfolio is varied and includes; Offices, Town Halls, Depots, Industrial Units, Leisure Centres, Public Conveniences, Cafes & Kiosks, Shelters, Beach Huts, Shops & Retail. East Suffolk Council’s property team comprises over 40 property professionals who are responsible for helping deliver over a third of the council’s income.

We are looking for an Asset and Investment Manager to lead the asset investment, property management, acquisitions and disposal programme for East Suffolk Council. The Asset & Investment Manager will act in a strategic and advisory capacity to the council on a range of property and asset management matters, including the identification of new investment and development opportunities.

The Asset and Investment Manager will lead the property team and manage external consultants. You will advise on property matters across the portfolio as well as for the Southwold Harbour Management Committee, and lead on the asset-delivery of externally funded programmes such as the Towns Fund. You’ll be leading on the delivery of a range of important and innovative projects and work programmes across the portfolio.

About You

As the successful candidate, you will need to have:

A relevant degree or equivalent qualification in real estate or a related discipline

A professional membership of the Royal Institution of Chartered Surveyors (RICS) or equivalent

Knowledge of Landlord & Tenant legislation and experience in negotiating rent reviews, lease/licence renewals, assignments and other third-party agreements

Experience of developing business cases for new property developments including cash flow analysis and professional support and advice

Experience in negotiating the settlement of terms for the acquisition and disposal of property, including easements, wayleaves and entry onto land under statutory notice and providing regular cost estimates and scheme progress reports as required

Ability to provide professional advice and be the point of contact for all day to day property management matters

Ability to oversee all rating and council tax referencing, valuation and negotiation including representing ESC at any appeal tribunals and overseeing the payment and refund of rates and council tax demands

Whilst not essential, holding registered valuer status would be highly beneficial, and an ability to undertake a variety of RICS ‘Red Book’ Valuations, annual portfolio, Right to Buy valuations and appraisals for disposal or development purposes.

Excellent communication, negotiation, and stakeholder management skills

What’s in it for you

This is a full-time, permanent position with a salary range of £56,772 - £63,066 per annum. You will also enjoy a range of benefits, including flexible working and entry to the excellent local government pension scheme where ESC contributes 25%. Work-life balance and wellbeing are high on the agenda. You’ll receive 25 days annual leave plus bank holidays, rising with length of service, as well as a flexi-time scheme. We support hybrid working between home and our two headquarters in Lowestoft and Melton.

Working in a local government property team gives you an unparalleled breadth of experience across a range of asset types and capital projects.

Interviews

Interviews are likely to be held between 9–10 May 2024. Interviews will be held in person at the ESC offices in Melton. If you are shortlisted, we will agree a suitable interview arrangement with you.

For more information or for a confidential conversation about this position, please contact John Martin at Hays.

The closing date for all applications is 24 April 2024 at 5pm.

We look forward to hearing from you!