We're looking for a Junior Growth & Acquisitions Coordinator.

03 April 2017

JUNIOR GROWTH & ACQUISITIONS COORDINATOR

Blok is not just an urban property developer. We are an advocate of urban living and the opportunities it presents, Blok operates through thoughtfully designed product, community and customer experience. We see things differently and this allows us to look at our property market differently. Everything we do needs to be excellent, not just good or good enough. We are individuals with strong opinions, but not opinionated. We are passionate, not pushy or arrogant. We love what we do and work as a team. Blok focuses on urban apartment living in the Atlantic Seaboard and City Bowl of Cape Town. We are Blok.

 

JOB DESCRIPTION

The role would entail focusing on the rapid growth and acquisitions for the Group as well as concentrate on a number of property-related projects. This would encompass a variety of key functions being market research, property acquisitions, deal administration and management and financial analytics.

 

DUTIES

A. Acquisitions & Legal

  1. Populating new Offers to Purchase (OTPs) and preparing OTP legal summaries
  2. Preparing financial deal summaries on potential new acquisitions
  3. Collecting the information required for due diligences on new acquisitions and ensuring thesuccessful completion thereof
  4. Reviewing salient terms of legal documents on new acquisitions and bank documents, and feeding the necessary information to the legal department
  5. Requesting the measurement of new acquisitions and arranging access for land surveyors, site team etc., where required
  6. Assisting the legal department in documentation required for the registration of bonds, development finance, new acquisitions or other related items
  7. Deal tracking on acquisitions and providing timing updates to senior leaders and asset management teams
  8. Preparing any council related submissions for acquisitions or development submissions
  9. Assisting the legal department in the preparation of contracts and offers to purchase
  10. Reviewing insurance schedules for properties and updating as necessary
  11. Assisting the legal team in drafting new BLOK development legal packs including sales plans, spec sheets, rules and budget and levies
  12. Preparing budget, levies and estimated rates for new developments
  13. Assisting the various Blok and related teams in preparation for the handing over of buildings

B. Accounts Administration & Finance

  1. Informing accounts and any other related teams of any new acquisitions and timing implications
  2. Review finance terms of agreements and ensure accounting and legal has all the salient terms, repayment profiles etc.
  3. Monitoring the transfer process and ensuring that the accounting department is fully informed of estimated timelines and cash flow implications
  4. Providing the weekly payment run with supporting documentation
  5. Maintaining systems and processes
  6. Preparing analyses and maintaining records of all funding terms, profit share agreements etc., in order to forecast and highlight trends
  7. Interest monitor and forecasting on developments

C. Administrative & Systems

  1. Digitizing and hard copy filing where necessary
  2. Maintaining and updating systems and processes
  3. Organising any documents, resolutions or agreements to be signed by shareholders and respective entities with the legal department
  4. SalesForce – loading properties, checking components & maintaining records

D. Market Research & Tracking

  1. Researching current developments, market related rates for similar developments and products on the market
  2. Staying up to date with releases of new and upcoming developments in Cape Town and saving and analyzing the respective information
  3. General updates and understanding of business, economic and political climate and impact on business
  4. Preparation of quarterly market reports into Blok Sales Team

E. Other

  1. Any and all ad-hoc items as the company sees fit
  2. Preparation of any presentations required in the Growth and Acquisitions Space

 

QUALIFICATIONS & REQUIREMENTS

  • Property/Construction Studies Degree or similar (including Valuations, Development Management)
  • Minimum 1 – 2 years’ industry experience
  • Excellent at planning, organising and administration with strong attention to detail
  • MS Excel and MS Office Suite
  • Good at working within deadlines
  • Positive attitude and good communication skills
  • Financial and analytical skills
  • Team player attitude and eager to learn
  • Need to be able to work in a dynamic, fast pace environment

 

PACKAGE

  • R 15 000 – R20 000 per month CTC, depending on experience
  • Potential participation in incentive programme
  • Discovery Medical Aid Contribution (after successful completion of probation)
  • Monthly Cellular contract (after successful completion of probation)
  • Company to cover travel related costs at R3,20 per km
  • Any other expenses to be approved and reimbursed on an ad hoc basis

Reporting to: Rahla Schaffer (Growth & Acquisitions Manager) & Jacques van Embden (MD)

 

Send your CV to [email protected].