Property Manager

Draper and Kramer, Incorporated • Chicago, IL

6d • $65,000 - $85,000 • Onsite

About The Position

Draper and Kramer is a family-owned company with over 130 years of experience providing vertically integrated property and financial services throughout the United States, including multifamily residential and commercial property management, acquisition, development, debt, and equity commercial financing.

The Property Manager manages and coordinates all activities and available resources to achieve the property’s objectives and desired financial results. The role is responsible for knowing and adhering to applicable federal, state, and local laws, as well as company policies and procedures. The position is located in West Loop, Chicago, Illinois. The schedule is Monday through Friday, 9:00 a.m. to 5:00 p.m., with 24/7 on-call availability if needed.

Draper and Kramer describes its work environment as supportive and offers opportunities for career advancement and competitive benefits. The role includes a salary range of $65,000 to $85,000, leasing commissions, and an annual property management bonus of up to 8%.

Requirements

• Four years of experience in multifamily property management.
• Experience with Microsoft Office, including intermediate knowledge of Word, Excel, and Outlook and basic knowledge of PowerPoint and Access.
• Ability to respond in an emergency.
• Ability to perform accounting functions, including accounts payable and accounts receivable, and administrative functions.
• Ability to analyze financial documents.
• High school diploma or GED equivalent.

Nice To Haves

• ARM, CPM, or professional-equivalent certification.
• Illinois broker license.
• Yardi experience.
• Bachelor's degree.
• Experience with capital projects and/or renovations.

Responsibilities

• Provide outstanding customer service to residents and develop and maintain open lines of communication with them.
• Review monthly financial statements for accuracy and completeness; analyze and report variances, risks, opportunities, and corrective action plans.
• Prepare recurring and ad hoc financial reports to support operational and strategic decision-making.
• Hire, terminate, supervise, train, and motivate applicable staff to achieve the assigned property's operational goals.
• Conduct staff performance reviews according to guidelines.
• Ensure maintenance requests are addressed promptly where possible and notify residents when parts or other delays affect completion.
• Ensure residents have a clean, safe, and well-maintained environment.
• Maintain accurate daily, weekly, and monthly records concerning payroll, financial transactions, ledgers, and move-ins and move-outs.
• Follow company policies concerning personnel, accounting, maintenance, purchasing, work orders, landscaping, grounds, safety, special maintenance items, purchase orders, and stock control.
• Supervise outside contractors working on the property in coordination with the Chief Engineer.
• Communicate with vendors and contractors regarding work scheduling, billings, and vendor relations.
• Continually inspect the property and improvements, record deficiencies, and take necessary action within budget allocations.
• Manage files and apartment move-ins and move-outs, and oversee lease renewals.
• Manage the Assistant Manager in collecting and tracking monthly rent and reporting.
• Apply experience with capital projects and/or renovations.

Benefits

• 401(k) with company match
• Medical insurance
• Dental insurance
• Vision insurance
• Health Savings Accounts
• Company-paid life insurance
• Company-paid accidental death and dismemberment insurance
• Company-paid long-term disability insurance
• Company-paid short-term disability insurance
• PTO
• Company-paid family leave program
• Tuition reimbursement program
• Leasing commissions
• Annual property management bonus of up to 8%

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: High school or GED