Website Sasol
Sasol is an international integrated energy and chemicals company that leverages the talent and expertise of our more than 30 300 people working in 33 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product streams, … read moreincluding liquid fuels, chemicals and low-carbon electricity. While remaining committed to our home-base of South Africa, Sasol is expanding internationally based on a unique value proposition. By combining the talent of our people and our technological advantage, Sasol has been a pioneer in innovation for over six decades. As market needs and stakeholder expectations have changed, so too have our methods, facilities and products, driving progress to deliver long-term shareholder value sustainably. The growth and enhancement of our foundation businesses in Southern Africa is complemented by the significant chapter of growth, Sasol has entered in its history. The company is listed on the JSE Limited in South Africa and on the New York Stock Exchange in the U.S. Terms of use: While we encourage a multitude of views and opinions on this forum, any comments that contain spam (irrelevant links or self-promotion), hate speech or foul language will be removed. Fraud Alert! Sasol's recruitment process does not include unsolicited offers of employment and also does not require advance payments from candidates. Sasol will only contact you if you have applied for a vacancy through the career website, the official Sasol LinkedIn page or if you were contacted by one of our authorised recruitment personnel or local recruiting office. Sasol will not ask you to send personal banking information via email. If you suspect fraud, you are encouraged to alert Sasol by sending an e-mail to [email protected]. Alternatively please report such activity to your local law enforcement authorities. Sasol Place 50 Katherine Street Sandton South Africa 2196
Purpose of Job
The Property Portfolio Manager will be appointed to grow with the Fund’s Direct Property division, and gain exposure to manage and grow the various asset classes making up the Pension Fund’s Direct Property Portfolio. The primary goal will be to ensure the medium- and long-term growth of the Property portfolio, to ensure that the investments made has a sustainable capital value growth and yield, to the benefit of the Pension Fund members over the medium and long term.
Key Accountabilities
Monitor the macro-economic, commercial property and retail environment to develop optimum leasing and investment strategies, relating to the existing asset base in South Africa.
Develop and build relationships with key role-players in the Property Industry such as Co-owners, Developers, Tenants, Service Providers and Local Government.
Develop asset specific strategies relating to life cycle of assets as well as strategic expansions, marketing, upgrades, and re-developments to ensure relevance of assets in the market. This requires specialized skills to understand the macro-economic environment and strategic landscape. (This includes the management of Capital Projects in consultation with the Manager Property Development in terms of the life cycle of the assets.)
Develop operational budgets and forecasts for assets to plan and measure income & expenses on an on-going basis.
Financial analysis and monthly monitoring of expenditure at assets to ensure spending occurs within the budgetary requirements and to ensure a return for members of the Fund.
Actively manage processes to ensure that renewals, new leases are market related rental adjustments are done responsibly to ensure sustainability and reduce vacancies, protect asset values and income stream for assets.
Develop and improve processes and controls to ensure efficiency gains in the management of assets, such as communication between tenants, credit control, 3rd party management staff and legal services to improve the rate of rental and arrears collection.
Provide written reports and feedback per asset to the quarterly Investment Committee on: Property Portfolio performance; Developments and expansions; Strategy & Opportunities, and Risks & Legal requirements
Develop processes to align and refine management process to comply with good Corporate Governance and reporting.
Mentor and coach centre management and 3rd party management teams to improve level of performance.
Assistance in the planning, review and negotiation of new property developments and acquisitions to ensure sustainability and expansion of the Direct Property Portfolio such as: Review and adjudication of Development proposals in consultation with the Property Development Manager and Property Investment Officer to effectively implement the Direct Property Strategy. Review and adjudication of Acquisition proposals in consultation with the Property Development Manager and Property Investment Officer to effectively implement the Direct Property Strategy.
Implementation and adherence to Occupational Health and Safety requirements to ensure compliance applicable at assets.
Annual review of Insurance to ensure that assets are sufficiently covered.
Provide input to external valuers and ensure that valuations are conducted timeously and are accurate, this requires specialized input from the incumbents.
Manage the legal and reputational issues for Sasol and Sasol Pension Fund to prevent negative publicity and exposure.
Formal Education
Relevant University Degree (Commercial, legal, property management OR built environment related).
Minimum Experience
11 years relevant experience
Experience in the South African Commercial Property Industry and Asset Management.
Experience in the Commercial Property, Retail & Leasing Industry.
Working knowledge and understanding of Financials and Budgeting processes applicable to commercial property management.
Working knowledge and experience in interpreting Lease contracts and legal processes on commercial properties.
A background knowledge of Commercial Construction, Property Development, Project Management as well as Contracting Law and Procedures.
Deadline:22nd August,2025
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Apply via company website ( http://www.sasol.com ) or