What are the responsibilities and job description for the Assistant Property Manager position at Lincoln Property Company?
The Assistant Property Manager supports the Property Manager in managing all aspects of a portfolio of retail shopping centers including operations, payables, financial processes, tenant and property care. Ensures that all services are provided in compliance with policies, procedures, regulations, and contractual obligations.
Responsibilities:
- Tenant Relations – resolve issues and provide prompt communication.
- Vendor Relations – Pursue cost effective contracts and facilitate payments. Monitor vendor performance to ensure compliance.
- Assist with the annual Budget preparation.
- Perform property inspections to assist General Manager
- Monitor tenant scheduled charges, collections and resolve billing issues.
- Monthly report variance analysis.
- Maintain current tenant COI’s and vendor COI’s
- Distribute year-end reconciliations to tenants.
- Interpret tenant leases
- Understand the concepts of recoverable , non-recoverable, controllable, and non-controllable expense categories.
- Work cooperatively across the full team to ensure client satisfaction.
- Comply with all internal control policies and procedures established by Owner and Lincoln.
- Collect Tenant Sales
- Upload property invoices and code in accordance with Budget for further approvals.
- Other duties as required.
Desired Competency, Experience and Skills:
- High School Diploma required.
- Bachelor’s degree preferred.
- At least 2 years prior real estate experience. Including but not limited to, reading and interpreting commercial Leases, basic accounting functions i.e. invoice processing, AR/AP, and monthly financial reporting.
- Must possess a high level of organization and understanding of commercial real estate.
- Successful candidates must be self-motivated and able to work the property(ies) from time to time without oversite.
- Must possess strong organizational skills and be able to manage multiple priorities at one time.
- Ability to communicate effectively and clearly with tenants, vendors, employees and visitors.
- Ability to comprehend and interpret instructions, short correspondence, and memos and ask clarifying questions to ensure understanding.
- Ability to write routine reports and correspondence
- Advanced knowledge in Microsoft Office Suite
- Yardi experience a plus.
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