Description:
Responsible for the management of a property (or group of properties) for a client and fulfilling the manager’s obligations under the terms of the property’s management agreement.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
- Direct, coordinate, and exercise functional responsibility for property management business
- Provide overall property management leadership through the development and interpretation of policies and programs, coordination of information flow and property management strategy
- Provide direction and leadership to Property Management staff, promoting reasonable career paths associated with property management professionals
- Track budget variances and ensure smooth recovery process
- Oversee the billing process including payment of invoices and disbursement of funds
- Monitor cash flow and cash requirements in conjunction with Property Manager to ensure efficient use of cash
- Oversee preparation of reports, annual budget, and other documents for owner in accordance with the management agreement
- Support prompt collection of management fees and reimbursements to overhead
- Maintain interface with third-party owners, ensuring total contract compliance, and accurate and timely reporting
- Resolve tenant relations issues to ensure their satisfaction
- Perform regular property inspections with staff
- Oversee construction projects with Construction Manager, including approving construction contract and invoices
- Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives
KEY COMPETENCIES
- Communication Proficiency (oral and written)
- Customer Focus
- Problem Solving/Analysis
- Leadership Skills
- Teamwork Orientation
- Time Management Skills
- Financial Acumen
IMPORTANT EDUCATION
- Bachelor’s Degree in Business Administration or related discipline preferred
Important Experience
- 5+ years of real estate property management or related experience