Senior Property Manager (CRE)

Cushman & Wakefield•Beverly Hills, CA

2d•$114,750 - $135,000•Hybrid

About The Position

The Senior Property Manager (CRE) is responsible for managing the Property Management staff and overseeing a significant portfolio of properties. This role also serves as a key point of contact for third-party relationships. The position involves directing and coordinating property management business, providing leadership through policy development and interpretation, and ensuring effective property management strategy. The role requires tracking budget variances, overseeing the billing and payment processes, monitoring cash flow, and preparing reports and budgets for owners. Additionally, the Senior Property Manager will maintain relationships with third-party owners, resolve tenant issues, perform property inspections, and oversee construction projects.

Requirements

Bachelor’s Degree in Business Administration or related discipline preferred
5+ years of real estate property management or related experience
CPM, RPA, or CSM designation
Possess real estate license
Strong knowledge of finance and building operations
Proven experience in management, evaluation, development, and motivation of subordinates
Ability to effectively manage a team of professionals, including both employees and vendors
Previous experience in analyzing and negotiating commercial lease and/or contract language
Advanced knowledge of Microsoft Office Suite

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.