Fulcrum 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 Company
Our 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 Role
As 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 Responsibilities
Assist 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 If
You 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 If
You 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 Like
Efficiently 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 You
Proven 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 Path
This 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.
Apply Now