What are the responsibilities and job description for the HO PORTFOLIO MANAGER position at INDIGO REAL ESTATE SERVICES, INC.?
Portfolio Manager Job Description
Qualifications
- Minimum of five years’ experience at on-site and supervisory levels including multi-site responsibilities.
- Strong leadership and team building abilities.
- Self-motivated and self-directed individual.
- Exceptional communication skills and ability to effectively interact with ownership representatives.
- Proficient in understanding financial statements and creating business plans/budgets.
- Possess a working knowledge of property management software, Federal Fair Housing, Landlord/Tenant and ADA legislation.
Summary of Responsibilities:
- Responsible for maintaining the integrity of the physical assets and maximizing the returns from those assets.
- Responsible for oversight and compliance management regarding regulatory requirements related to owner’s financing and owner’s mission.
- Responsible for supervision, training, and development oversight of all personnel within his/her management portfolio.
- Maintains relationships with suppliers, vendors, and others serving the communities within his/her management portfolio.
Duties:
- Conduct regular site visits to evaluate the progress and/or needs of the individual communities within his/her portfolio.
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Maintaining the physical asset—
- Supervises employees and contractors.
- Assures adherence to specifications (contractual; operations manual).
- Conducts formal site inspections of building interiors and exteriors within management portfolio.
- Makes recommendations for physical repairs and/or replacements.
- Ensures observance of safety regulations.
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Marketing and leasing—
- Provides supervisory oversight for team leaders, business managers.
- Regularly evaluates market conditions and property comparable.
- Evaluates and monitors community’s marketing plan.
- Periodically reviews rental applications and lease forms for accuracy and compliance with established policies and procedures.
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Revenue management—
- Supervises rent collection in accordance with established policies.
- Approves and monitors rental rate recommendations for new leases and renewals based on current market information.
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Financial reporting and control—
- Reviews and helps develop annual property management plan and operating budget.
- Reviews all monthly financial reports.
- Reviews and approves payments (payroll, invoices).
- Approves expenditures in accordance with established policy and procedures.
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Administration—
- Handles employee selection, training, and control, and assures that all supervised employees comply with the appropriate policies and procedures.
- Ensures property files and records are maintained.
- Spends agreed-upon percentage of time on obtaining market knowledge, community relations, and asset evaluation.
Employment Benefits
Indigo offers a positive, team-oriented work environment, competitive salary, performance incentives, and a full benefits package for full-time employment upon meeting eligibility requirements.
- Medical/Dental/Vision
- Medical Flex-spend Account
- Life Insurance
- 401(k) Retirement Savings Plan with Employer match
- Vacation Time
- Sick & Safe Leave
- Paid Holidays
- Numerous, additional employee resource programs
401K, medical, dental, paid vacation, personal, and sick time available after successful completion of introductory period.
Job Type: Full-time