Senior Portfolio Manager

ThalhimerShort Pump, VA
20h

About The Position

Responsible for maintaining both the physical and fiscal aspects of a property or a portfolio of commercial properties (i.e. retail, office, industrial, office-medical, etc.) with an emphasis on maximizing the value of the property in accordance with each client's mission, goals, and objectives.

Requirements

  • A bachelor's degree from accredited college or university is preferred.
  • A minimum of five years related experience in commercial property management.
  • Capable of leading special projects/assignments
  • Competency with industry computer skills and software: such as Microsoft Office, MRI,Yardi, Prism, Nexus, Versa-pay, etc.
  • Proficient in Accrual accounting
  • Ability to understand and execute expense reconciliations
  • Ability to understand and interpret commercial lease language
  • Skilled in variance reporting and incident reporting
  • Committed to customer service
  • Professional in both dress and demeanor
  • Takes ownership and understands entire property operations –physical/fiscal
  • Communicates effectively and efficiently (proactively and in all directions)
  • Responsive to requests whether internal or external to the company
  • Embraces and executes Thalhimer's Core Values
  • Command and control approach to all aspects of the role of Senior Portfolio Manager
  • Critical thinker with penchant for leadership
  • Extremely well organized and analytical
  • Able to effectively interact and relate to a variety of personality types
  • Empathic listener
  • Excellent time management skills with innate ability to routinely multi-task.
  • Strong attention to detail

Nice To Haves

  • Industry accreditations are a plus.
  • Participates in industry organizations to expand education and knowledge

Responsibilities

  • Maintains and preserves the physical asset:
  • Procures, coordinate, manages, and supervises employees and contractors necessary for the maintenance operations of the properties
  • Conducts formal site inspections on properties interior and exterior and report on same
  • Leads the client on physical repairs and/or replacement recommendations
  • Observes and reports all risk management issues
  • After hours availability required in accordance with coverage and PTO/ time off policies
  • Financial reporting and control in collaboration with Accounting Dept:
  • Monitors accounts receivable for assigned properties. Administers tenant default notices as applicable in collaboration with lease administration and the client
  • Monitors and processes accounts payable for assigned properties
  • Manages and monitors property's cash balance
  • Approves property invoices in accordance with Company procedures
  • Coordinates and reviews monthly financial reports prior to submittal to client
  • Collaborates with accounting and lease administration on annual operating expense reconciliations
  • Prepares and monitors annual property operating budgets
  • Proficient in capital planning in accordance with ownership's goals and objectives
  • Provides variance comments for deviations from the budget
  • Meets the expectations of Institutional Ownership assignments
  • Understands both cash and accrual based accounting methods
  • Administration:
  • Assists with the selection, training, and control, of supervised employees (as applicable) in compliance with company policies and procedures
  • Interfaces with outside professional services providers regarding legal, accounting, insurance, real estate taxes, and other matters, as appropriate
  • Ensures all property files and records are maintained
  • Manages time spent between both in office and on-site at the property
  • Establishes and maintains general market knowledge, tenant relations, and asset evaluation
  • Completes all duties in a professional and timely manner
  • All other tasks as defined
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