General Manager – Property Development Management

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The Lesotho National Development Corporation (LNDC) was established by an Act of Parliament as a parastatal. The LNDC Act No. 20 of 1967, as amended by LNDC Act No. 13 of 1990 and LNDC Act No. 7 of 2000, mandates the Corporation to: “initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho.”

LNDC invites applications from suitably qualified and experienced candidates for the following position of General Manager – Property Development Management

Key Responsibilities

  • Maintains property rentals by advertising and filling vacancies, negotiating, and enforcing leases, and maintaining and securing premises.
  • Establishes rental rates by surveying local rental rates and calculating overhead costs, depreciation, taxes, and profit goals.
  • Attracts tenants by advertising vacancies, obtaining referrals from current tenants, explaining advantages of location and services, and showing units.
  • Contracts with tenants by negotiating leases and collecting security deposit.
  • Accomplishes financial objectives by collecting rents, paying bills, forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, and initiating corrective action.
  • Maintains property by investigating and resolving tenant complaints, enforcing rules of occupancy, inspecting vacant units and completing repairs, planning renovations.
  • Maintains building systems by contracting for maintenance services and supervising repairs.
  • Secures property by contracting with security patrol service, installing, and maintaining security devices, establishing and enforcing precautionary policies and procedures, and responding to emergencies.
  • Enforces occupancy policies and procedures by confronting violators.
  • Prepares reports by collecting, analyzing, and summarizing data and trends.
  • Oversight and reporting on construction and maintenance projects.
  • Develop and review operational policies and procedures.
  • Contribute to defining the business strategy, priorities and initial activities of the Property Development and Management in line with the LNDC Strategic Plan.

Knowledge:

  • Governance and Business strategy
  • Finance, including property finance, investment, or property portfolio valuations 
  • Property operations (including capacity planning, maintenance planning, and facilities management) 
  • Ability to manage multiple priorities and multiple demands to accomplish tasks in accordance with established requirements 
  • Ability to establish and maintain effective working relationships with peers, superiors, residents, community service agencies, and the public 
  • Ability to prepare clear concise reports and make appropriate recommendations within scope of responsibility.

Skills:

  • Motivation for sales
  • Negotiation
  • Familiarity with applicable local laws and regulations
  • High level of organization and attention to detail
  • Competence with office management software
  • Professionalism
  • Internal communications
  • Listening

Behavioral Attributes:

  • Measured
  • Accountable
  • Analytical
  • High degree of Integrity 

Special Requirements:

  • Integral participation in high value construction projects- planning and execution (above M10 million)
  • Decisive, results driven candidate with integrity

Qualifications & Experience

Minimum postgraduate degree in Real Estate Management, Civil Engineering, Project Management or Construction Management. A minimum of 10 years relevant experience is required, at least 5 of which should be in a managerial role. 

Term of contract

The two positions are on a three (3) year fixed-term contract, renewable based on performance.

Remuneration and Benefits

The Corporation offers a competitive remuneration package for the positions.

How to Apply:

Interested, suitably qualified and experienced candidates should email their applications accompanied by educational certificates and transcripts in PDF FORMAT ONLY to [email protected]. Job title must be used as the subject heading. Closing date is Wednesday 17th September 2021 at 17:00.

To apply, candidates MUST download and fill an application form accessible on the Corporation’s website: www.lndc.org.ls.

Enquires: HR Office – +266 2231 2012

Disclaimer: Only short-listed applicants will be contacted.  The Corporation reserves a right to appoint suitable candidates that meet application requirements.     

No late applications will be accepted.

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