Asset Manager

Asset Manager
  • Eastleigh, Hampshire
  • Fixed Term/Secondment - Fixed
  • £70,000 to £80,000
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About the role

Asset Manager

12 Month FTC

£70,000- £80,000 + Bonus + Pension + BUPA + ShareSave + 6.6 weeks holiday + hybrid working

Southampton, Store Support Office/ Hybrid Working  

We believe anyone can improve their home to make life better. From our Southampton Store Support office (SSO) we equip our stores, our people, and our whole business with everything it takes to help our millions of customers create a home they’ll love. Join us as an Asset Manager and you’ll be a big part of this. 

At B&Q we have a hybrid approach to working to increase flexibility in how we work. Speak to our recruitment team to find out more.

Key responsibilities

Role Purpose: Proactively managing the leasehold and freehold estate to optimise our store network and directly contribute to the growth and success of our retail business, and the delivery of the ONE Kingfisher ambition. In this role, reporting directly to the Head of Assets and Estates, you will be responsible for; analysing, negotiating and delivering property deals to enable the implementation of our long-term real estate vision.

  • Undertake proactive asset management of the leasehold and freehold estate by way of; regearing, rightsizing and relocation activity, under the guidance of the Head of Assets & Estates
  • Exploit opportunities to reduce property cost, optimise lease structures and protect the long-term security of tenure of our trading stores
  • Identify initiatives to ‘add value’ or generate income from within the estate and release capital through planned freehold disposal programmes
  • Develop deal structures and undertake tactical negotiations to gain competitive advantage in dealings with Landlords & tenants, maximising returns to the business
  • Collaborate with, instruct and manage the performance of external professional consultants and agencies to achieve efficient, cost effective and highly productive project teams in order to drive results
  • Draft robust business cases and concise, accurate, board submissions for asset management led opportunities and occasional new store acquisitions in a timely manner
  • Collate, review and analyse property and financial data to support articulation of business cases and demonstrate deliverables from planned property strategies
  • Maintain a broad, detailed understanding of the retail and property markets to identify advantageous practices or trends within the industry
  • Engage and maintain a wide-ranging network of contacts within; commercial property, financial institutions, retail organisations and industry forums
  • Work effectively with the Estate Management team to document and maintain accurate property and transactional records
  • Proactively communicate within the A&E team sharing ideas, contacts and market intelligence for the betterment of the wider team and B&Q business

Required skills & experience

- Previous experience working in a retail organisation with an established, UK wide retail portfolio

- Extensive experience in the asset management of an established leasehold & freehold estate including relocation, rightsizing & new store acquisition activities

- Sound knowledge and application of Landlord & Tenant Acts, town planning, investment principles

- Thorough knowledge of legal process, property and contract law

- Confident communicator providing advice and recommendations in a clear and concise manner with regular informed updates

- A proven team member with the ability to support, enable and enthuse others while keeping the leadership updated on progress, challenges & opportunities

What's in it for me?

As well as a competitive salary, our benefits package includes an award-winning pension scheme, bonus, shareSave options, 6.6 weeks holiday, payroll giving, an Employee Assistance Programme, shopping discounts, colleague wellbeing benefits and lots more! 

As part of a great team, you’ll be supported to grow and encouraged to explore new career directions within the business and the wider group. And, because you’ll be inspiring great things for our customers and the whole business, you’ll do work worth caring about. 

We want to ensure that all employees, future employees and applicants to all Kingfisher companies are treated equally regardless of age, gender, marital or civil partnership status, colour, ethnic or national origin, culture, religious belief, philosophical belief, political opinion, disability, gender identity, gender expression or sexual orientation. 

If you require any additional support or adjustments to help you make an application, please contact us at recruitment@b-and-q.co.uk

Rewards &
benefits

Training &
development

Learn & Develop at B&Q

When you join B&Q, we want you to be all you can be. From the minute you walk through our doors to the exciting moment you make that next career move, we're here to help you make the most of every opportunity. Thanks to our friendly learning system, Mylo, we make sure you always have the support you need to take on every challenge and fit your learning around your life. Here, we know that the best way to grow is together. 

Flexible learning with Mylo

Mylo is your every day, on the go learning and development partner. Helping you build the knowledge you need now and in the future. With Mylo, you can access training and content, anywhere, anytime and on any device. You can even influence the type of training on offer by rating and recommending content, and letting us know what we can do to improve. Award-winning and featuring over 150 different learning activities - like short videos, articles, workshops and webinars - think of Mylo as your 24/7 training pal, designed to help you make the most of your B&Q career journey.

Developing in role

Learning never stops at B&Q. Whether you've been in your role for one day or five years, there's always something to be curious about. It's why we're always creating learning opportunities and experiences that'll give you the chance to develop your skills. Like our First Line Manager programme: a course that helps our newest line managers build their confidence and management skills. Or our Leadership Development programme that challenges our more experienced leaders to reflect on and adapt their approach for our ever-evolving ways of working.

Building expertise and know-how

We believe anyone can learn the technical skills to do their job with excellence. It's all about attitude and behaviour here. So, if you're passionate about customer service and design, we'll teach you how to create beautiful kitchens. If you're someone who loves being outdoors, we'll help you learn about our garden ranges. And, if you're someone who just loves what we do but doesn't know where to start, we'll help you find the perfect role for you to grow into. 

Accelerated Development Talent Programmes

Whatever goal you're working to at B&Q, we want to help you get there. We do this by designing a number of programmes which help you to practice your skills and learn new ones, gain valuable experiences, learn from others and jump on opportunities that are right for you. From leaders taking their first steps into management to those simply looking for a new challenge, we're there to make sure you achieve your ambitions.

Induction

At B&Q, we want every new colleague to understand our values, our customers, and how we work together to achieve our purpose. That’s why we’ve designed an induction programme that’ll give you real insight into our business, our culture and help you feel included from day one. For your first few weeks on the job you’ll work with your team and line manager, mixing online learning with practical tasks, to grow your knowledge a little every day.

 

A day in the life

Take a tour
around our
office

Our Store Support Office sits within B&Q House and supports our colleagues and stores right across the UK and Ireland. In our bespoke, modern and eco-friendly building just north of Southampton, you’ll find a friendly team of talented people in a huge range of roles.

Explore our
store support office

Facilities

In B&Q house, you’ll enjoy an onsite gym, a subsidised Costa, a canteen and restaurant, prayer room, plus open plan and cosy work spaces, an outdoor picnic area, and bike sheds for those who cycle in.

Sustainability

B&Q House has a biomass boiler, solar panels and a rainwater harvesting system. Our building also makes use of upcycled and recycled furniture and fittings, and features natural ventilation, heat retention and CO2 management, all via our very own weather station on the roof.

COVID-19 safety measures

At B&Q House we've made lots of changes to ensure we're ready for our colleagues to work safely. Watch our video to find out more.

Why
choose us?

Why Property & Facilities at B&Q?

When it comes to making changes to our business, our Property team are always right there. Every day they find new ways to transform B&Q into the best place for our customers to shop, and our colleagues to work. And they do what they do across 295 stores and a staggering 24 million sq. m of sales space.

Why B&Q

Ready to apply?

Step 1:

Apply via bandqcareers.com

Step 2:

We'll contact you for a phone interview

Step 3:

We’ll carry out a face to face or online interview (and we may request a 2nd interview if the role you're applying for is more complex).

Step 4:

We’ll contact you with feedback, and maybe even a job offer.

Check out our FAQs for more information about interviewing at B&Q.

Asset Manager

  • Eastleigh, Hampshire
  • Fixed Term/Secondment - Fixed
  • £70,000 to £80,000