What are the responsibilities and job description for the Senior Property Manager position at First Industrial Corporation?
General Summary
Under general supervision, manages daily operation of assigned properties. Maintains properties in good order and condition by contracting and scheduling necessary repairs and maintenance. Responsible for administrative activities such as completing lease paperwork, maintaining property records, preparing routine reports, tracking and processing accounting data, and processing work orders.
The following are general characteristics of the job, although duties may vary by assigned region.
Essential Job Functions
- Responsible for maintaining assigned properties in good order and condition by contracting and scheduling necessary repairs and maintenance. Researches various vendors to assess price and quality. Collects bids from contractors and prepares service contracts. Collects insurance certificates from vendors.
- Responsible for and experience in defining necessary scope of work for tenant improvements, bidding out the job and overseeing the work / contractors. In doing so inspects construction phases, audits incurred costs against progress and monitors work of contractors through completion and document close out. Jobs completed on time and within budget.
- Establishes and maintains tenant relationships. Answers tenant phone calls, letters, and requests for information and repairs. Visits tenants when on-site. Refers tenants to vendors when appropriate.
- Assists in negotiating maintenance contracts with vendors. Receives and reviews bids to ensure appropriate level of service.
- Responsible for administrative activities such as completing lease paperwork, maintaining property records, preparing routine reports, processing accounting data, and processing work orders.
- Assists in the preparation of property budgets for income, maintenance, and repair. Enters new acquisitions and annual property budgets into database. Assists in compilation of annual budget book.
- Assists in preparation of leases, abstracts, amendments, and related correspondence during negotiation of leases. Assists in final walk-throughs of expiring tenants, preparing required forms, and other related activities.
- Responsible for accounting functions such as accounts payable and accounts receivable. In doing so, reviews, codes, and processes invoices for payment, ensures vendors are paid, collects past due rent payments, answers accounting questions from tenants and corporate, and so forth.
- Prepares annual reconciliation of common area maintenance charges and real estate taxes for each tenant accounts and attempts to secure payment. Mails letters to customers to encourage payment of delinquent accounts. Confers with customers in attempt to determine reason for overdue payment.
- Remains cognizant of significant trends and developments in field by monitoring competitor activities and products, trade magazines and associations, and feedback from customers.
- Assists with the annual budgeting process. Assists with the preparation and revision of budget reports as required. Assists with the preparation of special summary reports and Executive Summary as management requests. Assists with the monitoring of established budgets.
- May assist with the for the collection of rent, CAM, taxes and other tenant billings. Contacts tenant for resolution while documenting efforts and seeks legal counsel when necessary.
- Responsible for compliance with all related policies and procedures as outlined in the Operations Manual, The FR Way.
Other Duties
Knowledge, Skills, and Abilities
Physical Requirements
Equal Employment Opportunity
First Industrial Realty Trust, Inc. is an Equal Opportunity Employer Committed to Diversity, M / F / D / V
