Our client is looking for a Acquisitions Manager to be responsible for the acquisition of new properties and sites in line with the company’s growth strategy and occupancy targets to provide bespoke, quality, fit for purpose accommodation for people with Learning Disabilities, Mental Health needs and Acquired Brain Injuries.
The role will be national and will encompass all aspects of site acquisition from:
·Site finding, as per the location strategy and agreed requirements;
·Negotiating purchase price; agreeing heads of terms; apply market knowledge and our key financial, legal and building specification criteria to the negotiations; seek compromise when appropriate, securing best value for the company.
·Prepare feasibility studies/ site appraisals on each acquisition, seeking business case approval including hurdle ratings, Internal Rate of Return etc.;
·Ensure correct planning is in place, legal and other conveyancing Due Diligence is carried out fully and resolved to achieve a successful legal completion.
·Ensure properties match criteria to provide fit for purpose accommodation and returns.
·Act as an effective stakeholder manager between the operational business users, BD team and Senior Management team, ensuring effective communication and reporting, including review and following change control processes.
Purpose of the role:
·Understand the needs of the people we support and how this impacts on both property design and environmental factors, taking into consideration eco-friendly initiatives.
·Build a pipeline of freehold opportunities in line with the growth strategy to increase bed capacity year on year.
·Research, identify and secure properties which satisfy the location strategy and service requirements to deliver the ramping targets post opening.
·Identify, develop and maintain a network of contacts in the property market industry which will provide site acquisition opportunities in the target locations and within the capital budget.
·Manage the site acquisition funnel process from opportunity identification to successful completion in line with board / approval process. Develop a plan / timeline to ensure growth expectations are achieved.
·Once potential properties sourced undertake initial site assessment and work closely with nominated / designated operations partners to develop design brief.
·Provide information to the design and BD team to confirm layout and cost feasibility, ensuring all buildings will meet The Regard compliance standards. Ensure all compliance factors have been taken into account to inform the cost feasibility as a one off or ongoing.
·Liaise with Development Project managers and Operations on matters affecting design and specification
·Carry out financial appraisal and business case approval, working with internal departments to ensure timely and accurate completion of approved documentation in line with The Regard process and board governance requirements. Collate practical information on potential development site such as workforce dynamics, demographics in conjunction with HR/ operations.
·Instruct and manage solicitors, building surveyors etc and arrange other reports as required in a timely manner, following capex procedures to procure services.
·Review in detail all legal documents and drive the legal process
·Carry out early planning reviews and covenant checks etc to avoid delays later in the acquisition process. Deal with all planning matters in conjunction with others as appropriate and advise of implications / process including change of use applications.
·Develop, implement and review systems and processes to fully support the role within the context of the department and organisation.
·Provide reports / feedback to a variety of stakeholders on property status and findings, including financial reviews and board reports on a weekly and monthly basis.
·Handover the property to the Project Managers ensuring insurance in place, communicating to all relevant parties. Continue to provide post purchase support as required.
·Liaise with the BD team to secure new working partnerships on a national basis to include architects, planning consultants, surveyors, quantity surveyors etc as required.
·Manage multiple projects in a collaborate and co-ordinated manner with internal and external stakeholders.
·Work with stakeholders to identify organic growth potential, working up schemes to meet need.
·Responsible for disposal of properties within the portfolio as directed and provide general property advice on the operational estate
·Work within legislative and regulatory frameworks.
Qualified Chartered Surveyor (MRICS)
Experience and Cultural Fit:
Qualified Chartered Surveyor with 2 – 4 years post qualification experience in acquiring commercial and residential properties for a multi-site operator with a strong commercial awareness
Demonstrates excellent communication skills specifically in networking, negotiating and influencing.
Sound knowledge of planning applications and property law
Demonstrates drive and energy to manage challenging situations and the ability to work with colleagues at all levels.
A self-starter, a detail and well organised person capable of managing a diverse workload and prioritising accordingly.
Combines clear professional values and a work ethic which focuses on a people-led organisation and ethos with a strong affinity to equality, diversity, human rights and being part of an inclusive culture.
Is inspired to work within a growing organisation which supports adults with learning disabilities, mental health and other complex needs and acquired brain injuries.
Experience of stakeholder management and is an effective communicator across all levels and areas of the business, particularly within operations.
Proven track record of working on a number of simultaneous projects at different stages.
·Full driving licence
·Position is homebased; however, the role will entail significant travel
This job description is representative of the duties and expectations the role. In addition to the above, all duties must be carried out to comply with:
a. Notification of accidents and other H&S requirements;
b. Statutory legislation;
c. National and local policy and codes of good practice;
d. Fire precautions;
e. Equal opportunities.
The post holder is also expected to undertake any other reasonable tasks as requested by line management on behalf of the organisation.
The post holder is responsible for their own health and safety and that of anybody whom their actions or omissions may affect.
This job description will be reviewed and updated via the annual individual review process.