Join or sign in to find your next jobJoin to apply for the Asset Manager role at Fulcrum4 days ago Be among the first 25 applicantsJoin to apply for the Asset Manager role at FulcrumGet AI-powered advice on this job and more exclusive features.Direct message the job poster from FulcrumFulcrum is excited to partner with a leading private property and retail management group to recruit a skilled Asset Manager.This pivotal role is ideal for a professional with demonstrated expertise in end-to-end lease documentation and a proven ability to effectively support both legal and asset management teams. You will play a key role in maximising the performance of significant retail assets across a diverse portfolio, which includes one of Western Sydney's most significant retail properties.About the CompanyOur client is a privately owned property group with a diverse portfolio spanning retail, industrial, and built-to-rent developments. Their assets include a large, high-traffic retail site in Western Sydney, alongside a growing mix of commercial and industrial properties.With over 150 leases under management and continued growth across asset classes, they offer a dynamic, well-resourced environment for an experienced Paralegal looking to take full ownership of their function.The RoleAs an Asset Manager, you will play a key role in supporting the management and optimisation of property assets, working closely with the Senior Asset Manager and facilities team. Your responsibilities will include overseeing lease administration, managing financial reporting such as turnover rent and operational expenses, and assisting with budgeting and forecasting to maximise asset performance.You will be the primary point of contact for lease negotiations administration, collaborating with external lawyers, leasing managers, and property managers to ensure smooth lease renewals and compliance. This role requires strong technical knowledge of lease documentation and property management processes, enabling you to contribute to strategic decision-making and operational efficiency.The portfolio includes retail and commercial properties, providing a dynamic environment where your expertise will directly impact the success and growth of the assets under management.Key ResponsibilitiesAssist in managing lease administration, including preparing letters of offer, heads of agreement, and lease documentation such as disclosure statements and agreements for lease.Coordinate lease renewals, market reviews, and exercise of lease options, liaising with external lawyers and leasing managers to support negotiations.Oversee rent administration processes, including rent collection, invoicing, turnover rent calculations, and applying rental increases in accordance with lease terms.Support financial reporting and budgeting activities, working closely with the facilities team to forecast operational and capital expenditures.Monitor and review subcontractor services such as cleaning, security, and maintenance, ensuring compliance with schedules and budgets.Collaborate with senior asset managers to assist in managing property performance and stakeholder communications, contributing to long-term asset management strategies.This Role Is Great for You IfYou have a strong understanding of property management and leasing administration, with the ability to manage lease renewals, negotiations, and liaise confidently with lawyers and leasing agents.You possess solid financial acumen, including experience with rent collections, turnover rent calculations, and operational expenditure forecasting.You are proactive and detail-oriented, eager to assist in both the leasing and financial management aspects of property assets.You thrive in a dynamic environment where you can support senior asset managers and gradually take on more responsibility.You have excellent organizational skills and the ability to manage multiple stakeholders, including facilities teams and external vendors.This Role May Not Be Right for You IfYou prefer a narrowly defined role with limited responsibilities; this position requires versatility across leasing administration, financial management, and property operations.You are uncomfortable working closely with legal teams and handling lease negotiations; strong lease administration skills and stakeholder management are essential.You seek a purely administrative position without involvement in financial forecasting, budgeting, or operational expenditure management.You prefer working in large, highly structured corporate environments; this role demands adaptability and the ability to take initiative in a smaller, dynamic team setting.What Success Looks LikeEfficiently managing lease administration and financial reporting to support asset management goals.Accurately processing rent collections, turnover rent calculations, and lease renewals in accordance with lease agreements.Demonstrating strong technical knowledge of leasing documentation and effective coordination with lawyers and leasing managers.Assisting in budgeting, forecasting, and operational expense management to optimize property performance.Providing reliable support to senior asset managers and facilities teams, enabling smooth property operations and strategic decision-making.About YouProven experience in property management, asset management, or a related real estate environment.Strong understanding of lease administration, including preparing letters of offer, heads of agreement, and managing lease renewals.Demonstrated ability to work closely with external lawyers, leasing managers, and commercial property managers.Solid financial acumen with experience in rent collection, turnover rent calculations, and managing operational and capital expenditure budgets.Excellent organizational skills with the ability to assist in forecasting income and expenses and reviewing subcontractor schedules.Technical proficiency in lease documentation such as Disclosure Statements and Agreements for Lease (AFL).Proactive, detail-oriented, and capable of managing multiple priorities in a dynamic, fast-paced environment.Relevant qualifications in Property Economics, Accounting, or related fields are highly desirable.Embark on a Fulfilling Career PathThis is an exceptional opportunity for an Asset Manager to truly make their mark. If you thrive on the complexities of lease documentation and are passionate about maximising asset performance within a dynamic portfolio, we invite you to apply now.Seniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionLegal and AdministrativeReferrals increase your chances of interviewing at Fulcrum by 2xGet notified about new Property Manager jobs in Sydney, New South Wales, Australia.Mascot, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 2 weeks agoDouble Bay, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 3 weeks agoRydalmere, New South Wales, Australia 1 month agoRydalmere, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 days agoSydney, New South Wales, Australia A$100,000.00-A$120,000.00 2 months agoFrenchs Forest, New South Wales, Australia 4 days agoSydney, New South Wales, Australia 2 days agoSydney, New South Wales, Australia 23 hours agoGuildford, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 4 weeks agoNorthern Beaches, New South Wales, Australia 2 weeks agoRhodes, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 1 hour agoMascot, New South Wales, Australia 4 days agoRegional Property Services Manager - RAC Property OperationsMacquarie Park, New South Wales, Australia 1 day agoSydney, New South Wales, Australia 3 days agoDee Why, New South Wales, Australia 4 days agoCost Manager - Property and Social InfrastructureSydney, New South Wales, Australia 1 day agoMillers Point, New South Wales, Australia 13 hours agoSydney, New South Wales, Australia 3 weeks agoSydney, New South Wales, Australia 4 weeks agoNorth Sydney, New South Wales, Australia 3 weeks agoWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr