What are the responsibilities and job description for the Asset Manager position at Preservation Management, Inc.?
Looking for a career at a company that cares about you? Look no further! Preservation Management, Inc. is committed to creating a caring community for our employees and residents.
PMI is currently looking for an individual to join our team in our corporate office in South Portland, ME as our Asset Manager.
What you offer you: this is a full-time position with a competitive salary and a robust benefit package.
Benefits include:
- 16 days of Paid time off
- 12 paid holidays
- Medical, Dental, and Vision Insurance
- Parental Leave Paid
- Company Paid Life and Short-term disability Insurance
- Voluntary Life and Long-term disability Insurance
- 401(k) retirement plan with company match
- Tool Reimbursement Program
- And much more
Job Overview
The Asset Manager provides high level operational support, data analysis, and problem solving to the Operations team, acting as a liaison between site offices, Regional Managers, Operations Managers and COO. Oversees implementation, development and oversight of property management standards of performance in order to ensure the preservation of the physical plant, financial health, of the property and the best quality of life for residents.
Duties
- Review and analyze KPI reports for the region to effectively identify communities that are not achieving financial and operational targets. Troubleshoot, analyze and develop corrective action plans for these assets. Follow up weekly with property site teams to offer support and guidance, and report back to senior leadership status updates.
- Monitor property financial reporting on a monthly basis and identify areas of improvement and inefficiencies with regard to property spending. Prepare operational reports and present monthly to operations team.
- Conduct physical property inspections, provide quarterly reporting and follow up deficiency tracking, and provide feedback on capital needs and other action items for each piece of real estate. Provide bid estimates to Operations team for budgeting purposes or emergency repairs.
- Assist Regional and Operations manager with property budget preparation specifically with Administrative and O&M expenses.
- Collect and review monthly delinquency and occupancy reports, conduct monthly meetings with properties that do not achieve budgeted revenue goals. Prepare and implement action plans and monitor each property manager to ensure adherence to site specific plan. Report monthly to operations team status updates.
- Special projects may include utility analysis data collection and review, marketing, and market rental studies.
Qualifications
- Bachelor’s degree in Business Administration or related field, and 5 years' experience in senior-level administration or equal combination of education and experience.
- Excellent communication and organizational skills. Must have an extensive knowledge of and experience with office protocol and procedures.
- Experience in the use of business computer systems and software such as Microsoft Excel, Word, and Outlook.
- Excellent interpersonal skills with ability to oversee and interact with owners, vendors, residents, and colleagues.
- Strong written and oral communication skills.
- Attention to detail and capacity to adapt to a variety of situations in professional and diplomatic manner.
EEO/Minorities/Females/Disabled/Veterans
Preservation Management, Inc. (PMI) has been providing comprehensive residential property management services since 1990. We specialize in managing properties that utilize government subsidies and/or Low-Income Housing Tax Credits to provide affordable housing for low-income residents, including households with elderly and disabled members. PMI currently manages 95 apartment communities in 17 states. The company also provides resident services programs, tailored to the needs and interests of residents.
