Manager, Commercial Property

Position no 3051
Level IBA Level 6 ($108,566 – $120,529)
Location Sydney, Melbourne, Brisbane or Perth
Program Investment & Asset Management
Section Commercial Property
Duration Ongoing
Contact Hamish Tweedy on 02 9207 6368 or email
Closing date 24 April 2019
Applications Please see “How to apply” below

Context

Indigenous Business Australia is a unique organisation that promotes and encourages self-management, self-sufficiency and economic independence for Aboriginal and Torres Strait Islander people.

Established under the Aboriginal and Torres Strait Islander Act 2005, IBA’s programs provide the means for Indigenous Australians to create wealth and accumulate assets, take up investment opportunities, create business enterprises that provide additional employment opportunities, and to purchase homes.

It achieves these outcomes by applying a commercial focus, and by building mutually respectful and productive partnerships with Indigenous Australians, government, non-government and private sector organisations.

Investment & Asset Management

IBA’s Investment program aims to create economic independence for Aboriginal and Torres Strait Islander peoples by using its capital base, skills and expertise, to build and manage a substantial portfolio of investments and generate economic impact for Indigenous Australians via financial returns, commercial capability development, employment, training and supply chain outcomes.

The program has a long history of over 20 years of successful investment alongside Indigenous organisations. The portfolio comprises over $480 million in investments across Australia in a variety of sectors, including tourism, property, funds management, energy, primary industries, industrial and retail businesses.

Role

IBA seeks a motivated professional with commercial acumen, sound property investment analysis skills and excellent oral and written communications skills to join the Investments branch in the portfolio management team.

The successful candidate will report to and support the senior managers of the IBA Investments commercial property portfolio.

The commercial property portfolio comprises IBA’s investments in office, industrial and retail property assets.

Duties

  • Foster a collaborative, respectful and inclusive culture where the customers’ needs are paramount;
  • Assist with the preparation of Board documentation for the acquisition and divestment of property assets;
  • Assist with the preparation of due diligence material required to support the acquisition and divestment of property assets;
  • Assist with the preparation and formulation of property strategies;
  • Assist with preparation of reporting and monitoring of the portfolio including preparing and presenting papers to the IBA Board and its Finance, Investment & Products Committee.
  • Oversee and assist where necessary with the timely preparation and compliance of the IBA financial reporting requirements;
  • Assist with the management of the governance and reporting structure of the portfolio and subsidiaries.
  • Demonstrate effective project management to:
    • identify critical paths and milestones
    • accurately forecast time and other resource requirements
    • execute work cost effectively, and
    • concisely and effectively communicate progress of multiple investment-related proposals.
  • Build relationships with IBA’s co-investors and key stakeholders;
  • Assist with the formulation of the I-REIT’s capital management strategy and the preparation of documents (including but not limited to Information Memoranda) associated with execution of that strategy;
  • Assist with the management of and compliance with the I-REIT’s debt facilities;
  • Interstate travel and travel to remote locations, under diverse and possibly difficult conditions will be required; and
  • Other duties as directed from time to time.

Required capabilities (selection criteria)

Knowledge

  • Awareness of the economic development aspirations of, and commitment to working ethically with and in the interests of Aboriginal and Torres Strait Islander peoples.
  • Recent property investment experience within the past three years with an institution directly involved in the property investment sector.
  • Tertiary qualifications in property valuation, accounting, economics or a similar field.
  • Financial analysis, valuation and forecasting including advanced use of Excel. Experience in preparation of analysis for the acquisition of commercial property.
  • Sufficient knowledge of accounting, commercial and contract law, and the due diligence process to effectively assess a potential commercial property investment.

Skills and Attributes

  • Cultural capability including a respect for diversity and ability to communicate sensitively with Aboriginal and Torres Strait Islanders.
  • Self-starting, results-oriented and ability to take ownership of initiatives and drive them to completion.
  • Well-developed organising, planning and prioritisation skills. A high level of attention to detail and diligence, supported by a strong work ethic. Possesses the energy, commitment and diligence to meet deadlines and/or to manage the expectations of others. Demonstrated maturity of commercial judgment and the ability to practically assess business risk.
  • Excellent interpersonal skills with proven ability to develop relationships at all levels and provide high quality customer service.
  • Excellent verbal and written communication skills. Ability to write professionally, concisely and with clarity; and the ability to present to other individuals or groups. Ability to understand and communicate advanced business concepts and issues concisely in simple language verbally and in writing.

How to apply

Applicants must include the following with their application:

  • Completed Job Application Coversheet (PDF 600KB opens in new window) – We recommend users edit the form using the latest version of Adobe Reader (available to download for free from the Adobe website).
  • A copy of your Resume
  • A statement outlining your claims against each of the required capabilities for the position.

Applications should be sent by email to [email protected]

Reference documentation

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