This is a full-time Property Manager position for Commercial and Residential properties responsible for the direct oversight of all aspects of property management of assigned properties for multiple commercial and multifamily property owners, including operations and financial activities. The goal of this position is to meet/exceed Net Operating Income (NOI) projections, to maintain the physical condition of the asset and to ensure compliance with legal requirements and corporate policies/procedures.
Reports To: Regional Director
Overview:
The purpose of the Property Manager is to effectively manage and coordinate persons, activates, and available resources in order to accomplish community objectives as set forth by the Regional Director and property owner. These objectives will include maximizing occupancy levels and community values.
Responsibilities/Duties:
•Act as primary contact with property owners to ensure that objectives are being met. Prepare and deliver timely, accurate and complete financial reports.
•Provide quality & timely customer service to tenants.
•Develop and control annual budgets for operating and capital expenses. Forecast management plans and prepare monthly performance reports, explaining variances.
•On an annual basis, review and reconcile tenant rent and Common Area Maintenance (CAM), Insurance and Real Estate Tax recovery charges.
•Coordinate with Accounting Department to ensure accuracy of monthly tenant rent statements. Review tenant accounts and monitor the collection process and actively engage in resolving collection issues and disputes.
•When necessary, prepare correspondence with tenants regarding collections. Send and coordinate default notices to tenants and complete paperwork to initiate legal process. Participate in legal action when required.
•Oversee the day-to-day operation of the property, including regular property inspections, to ensure proper functioning of building operations and that all site operations are in compliance with established policies and procedures, the management agreement and are consistent with the client's overall objectives.
•Identify and control the physical safety and liability concerns at assigned properties.
•Control procurement and expenditure processing.
•Approve and ensure accuracy of all Accounts Payable invoices related to operations, building maintenance and capital expenditures in accordance with the established budget.
•Interface with Leasing Department regarding all aspects of leasing.
•Coordinate and assist in the oversight of tenant improvements and capital projects.
•Coordinate contracts and activities of in-house maintenance and/or third-party vendors, such as maintenance, landscaping and janitorial services. Ensures vendors are fully qualified and in compliance with requirements.
Work Hours: Full time hours- salaried position. Must be available to work evenings and on weekends according to the business needs of the company and for emergencies.
Qualifications:
•BA or Associates degree preferred with experience in commercial and/or residential real estate property management with minimum 2 years of relevant work experience.
•Some understanding of Accounting Principles
•Real Estate License (Preferred)
•Intermediate skills in MS Word, Excel, and Outlook.
•Experience using property management software including Yardi preferred.
•Must be able to maintain flexibility in schedule in order to meet operational needs. This may require occasionally working outside of regularly scheduled hours.
Driving/Traveling Requirements:
•Frequent need to utilize personal transportation to inspect commercial and residential properties that will be managed from this location.
•Must have valid driver's license and automobile insurance.