What are the responsibilities and job description for the Portfolio Manager position at Reedy & Company?
Organization Name: Reedy & Company Realtors, LLC
FLSA Status: Exempt
Job Title: Portfolio Manager
Employment Status: Full-time Regular
Pay Rate: 65,000 annually
Job Summary:
Reedy & Company is seeking a Portfolio Manager in Memphis, TN. This position serves as the primary point of contact for investors and is responsible for the overall performance and physical preservation of properties. The Portfolio Manager ensures investor goals are met by leveraging strong communication, strategic oversight, and collaboration with interdepartmental teams.
Uphold Reedy & Company’s core values, including integrity, collaboration, and accountability.
Identify opportunities for process improvement and innovation to contribute to company success.
Qualifications
Education: High School Diploma required; advanced education is a plus.
Skills:
Proficient written and verbal communication skills.
Highly organized with the ability to manage multiple tasks and prioritize effectively.
Self-motivated and disciplined; thrives in a collaborative team setting.
Adaptable in an evolving, fast-paced environment.
Critical thinking skills, high integrity, and attention to detail.
Technology: Ability to learn and utilize property management systems and other technologies.
Experience: Knowledge of core property management functions (e.g., leasing, collections, maintenance, turnovers, evictions, acquisitions) is a plus.
Key Competencies
Office and Non-Manual Work: Perform primarily administrative and analytical tasks, such as budgeting, rent pricing, and vendor contract management, to support business operations and financial success.
Discretion and Judgment: Exercise independent decision-making on significant matters, including financial approvals, policy enforcement, and conflict resolution.
Significant Impact: Directly influence company profitability, compliance, and property value through effective financial analysis, risk management, and strategic decision-making.
Physical Demands and Work Environment Physical Demands:
Frequently sitting, walking, bending, and reaching.
Occasionally lifting up to 25 pounds.
Ability to walk through properties, including navigating stairs and uneven surfaces.
Work Environment:
Primarily a professional office setting.
Extended periods of sitting and computer work.
Note
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.
Equal Employment Opportunity
Reedy & Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability status, genetics, protected veteran status, or any other characteristic protected by law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
FLSA Status: Exempt
Job Title: Portfolio Manager
Employment Status: Full-time Regular
Pay Rate: 65,000 annually
Job Summary:
Reedy & Company is seeking a Portfolio Manager in Memphis, TN. This position serves as the primary point of contact for investors and is responsible for the overall performance and physical preservation of properties. The Portfolio Manager ensures investor goals are met by leveraging strong communication, strategic oversight, and collaboration with interdepartmental teams.
Job Summary:
Primary Responsibilities
Portfolio Oversight and Communication
Act as the primary point of contact for investors, building and maintaining strong relationships.
Ensure accuracy in internal and external communications by leveraging technology.
Collaborate with leadership and cross-functional teams to resolve conflicts and drive process innovation.
Oversee and facilitate new investor onboarding to align expectations and portfolio goals.
Property and Financial Management
Approve scopes of work during maintenance events and property turnovers.
Conduct routine analysis of financial data to align investor and company goals.
Develop and execute strategies that maximize occupancy, control costs, and preserve property value.
Monitor property expenses and ensure adherence to budgetary guidelines.
Evaluate market trends to set competitive rental rates and improve portfolio performance.
Strategic Responsibilities
Set timelines and expectations, and ensure the completion of assigned strategies and tasks.
Ensure compliance with legal, regulatory, and safety requirements across all properties.
Identify and mitigate potential risks affecting portfolio performance or company operations.
Decision-Making and Problem Solving
Exercise discretion and independent judgment in key areas, including:
Approving maintenance and repair expenses.
Implementing property-specific policies and procedures.
Resolving tenant disputes or investor concerns.
Strategically analyze complex situations to drive effective decision-making.
Core Values and Innovation
Primary Responsibilities
Portfolio Oversight and Communication
Act as the primary point of contact for investors, building and maintaining strong relationships.
Ensure accuracy in internal and external communications by leveraging technology.
Collaborate with leadership and cross-functional teams to resolve conflicts and drive process innovation.
Oversee and facilitate new investor onboarding to align expectations and portfolio goals.
Property and Financial Management
Approve scopes of work during maintenance events and property turnovers.
Conduct routine analysis of financial data to align investor and company goals.
Develop and execute strategies that maximize occupancy, control costs, and preserve property value.
Monitor property expenses and ensure adherence to budgetary guidelines.
Evaluate market trends to set competitive rental rates and improve portfolio performance.
Strategic Responsibilities
Set timelines and expectations, and ensure the completion of assigned strategies and tasks.
Ensure compliance with legal, regulatory, and safety requirements across all properties.
Identify and mitigate potential risks affecting portfolio performance or company operations.
Decision-Making and Problem Solving
Exercise discretion and independent judgment in key areas, including:
Approving maintenance and repair expenses.
Implementing property-specific policies and procedures.
Resolving tenant disputes or investor concerns.
Strategically analyze complex situations to drive effective decision-making.
Core Values and Innovation
Uphold Reedy & Company’s core values, including integrity, collaboration, and accountability.
Identify opportunities for process improvement and innovation to contribute to company success.
Qualifications
Education: High School Diploma required; advanced education is a plus.
Skills:
Proficient written and verbal communication skills.
Highly organized with the ability to manage multiple tasks and prioritize effectively.
Self-motivated and disciplined; thrives in a collaborative team setting.
Adaptable in an evolving, fast-paced environment.
Critical thinking skills, high integrity, and attention to detail.
Technology: Ability to learn and utilize property management systems and other technologies.
Experience: Knowledge of core property management functions (e.g., leasing, collections, maintenance, turnovers, evictions, acquisitions) is a plus.
Key Competencies
Office and Non-Manual Work: Perform primarily administrative and analytical tasks, such as budgeting, rent pricing, and vendor contract management, to support business operations and financial success.
Discretion and Judgment: Exercise independent decision-making on significant matters, including financial approvals, policy enforcement, and conflict resolution.
Significant Impact: Directly influence company profitability, compliance, and property value through effective financial analysis, risk management, and strategic decision-making.
Physical Demands and Work Environment Physical Demands:
Frequently sitting, walking, bending, and reaching.
Occasionally lifting up to 25 pounds.
Ability to walk through properties, including navigating stairs and uneven surfaces.
Work Environment:
Primarily a professional office setting.
Extended periods of sitting and computer work.
Note
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.
Equal Employment Opportunity
Reedy & Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability status, genetics, protected veteran status, or any other characteristic protected by law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
