What are the responsibilities and job description for the Regional Property Manager position at Cobalt Recruitment?
Regional Property Manager
Location: Camden County, NJ
Compensation: $100,000 - $125,000 Bonus Benefits
A Regional Property Manager role has arisen with a growing residential real estate firm based in Pennsylvania. The Regional Property Manager will play a pivotal role in ensuring the efficient and seamless operation of a magnificent portfolio in Camden County. You will be responsible for all aspects of property management, including resident relations, financial management, and vendor supervision.
About the Regional Property Manager role:
Key Responsibilities:
- Communication and Reporting: Regularly communicate with Leadership team, providing updates on property operations, financial performance, and relevant issues; Prepare regular reports on property performance and present findings to stakeholders
- Financial Management: Develop and manage the property budget, ensuring financial goals are met and expenses are controlled; Handle delinquencies, and work with accounting professionals to maintain accurate financial records
- Tenant Relations: Serve as the primary point of contact for residents, addressing inquiries, concerns, and resolving issues in a timely and professional manner; Enforce community rules and regulations to maintain a harmonious living environment
- Vendor Management: Negotiate contracts with service providers and vendors, such as maintenance contractors, security services, and landscaping companies; Ensure vendors adhere to agreed-upon service levels and quality standards
- Regulatory Compliance: Ensure properties comply with all local, state, and federal regulations, including Local Law projects, building codes, safety standards, and Fair Housing laws; stay up-to-date with industry trends and legal requirements affecting building management
- Team Leadership: Supervise and mentor property management staff; foster a positive and collaborative team environment to ensure high levels of employee satisfaction and performance
Key Requirements:
Experience: A minimum of 5 years of property management experience in New Jersey residential real estate is required
Educational Background: A Bachelor's degree in any business-related field is preferred
Financial Knowledge: Knowledge and experience in financial accounting within residential real estate, financial reporting, and budgeting
Project Management: Hands-on experience with capital improvement construction projects, including the ability to plan, organize, and coordinate multiple projects
Communication Skills: Strong verbal and written communication skills are necessary for effective interaction with team members and Leadership team
Technical Proficiency: Proficiency with MS Office Suite programs, particularly Outlook, Excel, and Word, for data analysis and communication
Salary : $100,000 - $125,000