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Residential apartment community located in Virginia is seeking a Property Manager. The overall goal of this position is to maximize the efficiencies of the portfolio of the assets, while improving the physical appearance and services offered to the prospective and current residents. The manager is responsible for the day-to-day oversight and management of an affordable housing community. Responsibilities include but are not limited to financial, administrative, staff development and capital planning, as well as other duties as assigned. Communication and coordination are key elements in this position.
Position Responsibilities:
Provide direction, supervision, and guidance to the on-site team, while providing leadership and team spirit.
Work with governing agencies to create and maintain positive working relationships, and to resolve any issues or problems. Experience with HUD regulations is required.
Responsible for ensuring that all policies and procedures are implemented.
Meet or exceed budgeted Net Operating Income and/or financial performance objectives.
Negotiate management contracts and other legal agreements which have a financial impact on the portfolio.
Review and recommend for Approval the annual budgets for the properties assigned to them.
Monitor individual property spending and cash flow, review projections, and make adjustments as needed.
Accountable for asset management, for accounts receivable, timely recertification, petty cash, and that real estate taxes are handled appropriately.
Ensure that all vouchers for the portfolio are submitted for payment to HUD and/or the appropriate state agency each month.
Responsible for the review and timely submission of monthly management and financial reports to owners, lenders, and governing agencies.
Maintain and track vendor Certificates of Insurance, Contracts and Scope of Work.
Hire, develop, evaluate, promote property staff at all levels.
Promote routine career development and training.
Ensure compliance with Affirmative Fair Housing regulations and Equal Employment Opportunity/Affirmative Action policies, including federal, state, and local governing agency requirements. Ensure that properties adhere to the Company Reasonable Accommodation Policy and Procedures established by the 504/ADA officer.
Marketing and leasing of portfolio operations, working to reflect a positive image for the organization.
Rent collection
Working with our legal process to enforce the lease terms
Additional duties and special projects as assigned.
Supervisory Responsibilities:
Site personnel
Contractors and Vendors
Education and Experience:
High school diploma or equivalent
Associate degree in related field or appropriate work experience
Four to six years of property management experience specifically with managing an affordable or mixed income portfolio.
Florida Home and Sail program a plus
Certificate, Licenses and Registration preferred:
Either one of the following or equivalent preferred: CPM, CAPS, NAHPE
Either one of the following or equivalent preferred: CPO, COS, SCHM, HCCP, CP3
Accredited designation from NAA or IREM that reflects industry standards
Full Time
$87k-118k (estimate)
01/31/2024
09/09/2024
The job skills required for Property Manager include Property Management, Leadership, Planning, Accounts Receivable, Coordination, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Property Manager positions, which can be used as a reference in future career path planning. As a Property Manager, it can be promoted into senior positions as a Commercial Property Manager III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Property Manager. You can explore the career advancement for a Property Manager below and select your interested title to get hiring information.
If you are interested in becoming a PROPERTY MANAGER, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a PROPERTY MANAGER for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on PROPERTY MANAGER job description and responsibilities
The property manager may handle all of the technicalities, such as performing criminal background and credit checks, confirming employment, and gathering references.
12/18/2021: Huntington, WV
Property managers have ties with maintenance workers, contractors, suppliers, and vendors that most homeowners do not.
12/15/2021: Youngstown, OH
A good property manager will be able to help with marketing by advertising on select online platforms and using offline marketing tools.
02/04/2022: Orange, CA
A property manager knows how to screen tenants thoroughly and efficiently to find responsible and reliable renters.
12/25/2021: Fargo, ND
When a tenant violates an agreement or does not pay their rent, the property manager knows how to properly file and execute the eviction.
02/05/2022: Lima, OH
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on PROPERTY MANAGER jobs
Collects and deposits monthly rent payments on time.
01/30/2022: Evansville, IN
Acquire Property Management Certifications.
01/24/2022: Stamford, CT
Get the Needed Real Estate Education.
01/18/2022: Lancaster, PA
Develop a system to find the right tenant.
12/07/2021: Tucson, AZ
Have a long-term strategy and set goals.
12/24/2021: Altus, OK
Step 3: View the best colleges and universities for PROPERTY MANAGER.