Senior Property Manager (Commercial)
CIM Group, LP•Los Angeles, CA
•$120,000 - $160,000
About The Position
The Senior Property Manager oversees operations for assigned commercial properties, optimizes financial performance, and works to create exceptional tenant experiences. The role partners with leasing, construction, development, accounting, investment, and other internal teams to execute property strategies, identify opportunities to create value, and ensure assets operate effectively. The Senior Property Manager also supervises on-site property management and maintenance personnel.
Requirements
- 8 or more years of property management experience in a commercial office and/or retail environment.
- 5 or more years of experience in a supervisory role.
- Practitioner-level knowledge of contract administration, lease administration, expense escalation practices, accounting and financial management and reporting, financial analysis, budgeting and expense management, and business planning.
- Knowledge of risk management, tax assessments, tenant relations, construction and tenant finish activities, engineering and preventative maintenance, energy management, security, emergency procedures, and garage and parking operations.
Nice To Haves
- Bachelor’s degree in business, real estate, or a related field; equivalent experience may be considered.
- California Real Estate license.
- Industry certifications such as IREM, BOMA, or ICSC.
- Brokerage License or Real Estate Salesperson License, or willingness to obtain a license within the first 90 days of employment.
Responsibilities
- Oversee day-to-day operations of assigned commercial properties in accordance with company policies, approved budgets, business plans, and ownership objectives.
- Develop and execute annual business plans to maximize asset performance, marketability, operational efficiency, and long-term value.
- Support leasing and asset management initiatives by preparing vacant spaces for market, providing operational input during lease negotiations, and preparing landlord work estimates.
- Participate in due diligence for acquisitions, dispositions, financing, and redevelopment projects.
- Build tenant relationships, provide customer service, address tenant needs, and enhance the tenant experience.
- Monitor lease compliance, including co-tenancy requirements, exclusivity clauses, kick-out rights, and NNN expense caps.
- Review and approve annual CAM estimates, reconciliations, and tenant billings.
- Develop and manage annual operating budgets and prepare financial reports, forecasts, budget analyses, performance summaries, variance explanations, and recommendations.
- Administer rent collections, tenant billings, accounts receivable, and delinquent accounts.
- Manage accounts payable in accordance with approved budgets, company policies, and expense objectives.
- Maintain accurate financial and operational records and comply with reporting requirements and deadlines.
- Manage vendor, contractor, and service-provider relationships to ensure service quality, contract compliance, cost efficiency, and operational effectiveness.
- Develop scopes of work, solicit competitive bids, negotiate service agreements, and oversee contractor performance.
- Monitor vendor compliance with contractual, insurance, and procurement requirements.
- Implement loss-prevention measures and ensure compliance with company policies and regulatory requirements.
- Obtain and maintain certificates of insurance and required waivers from tenants, vendors, contractors, and other third parties.
- Coordinate with internal teams, including Investments, Leasing, Development, Construction, Accounting, Risk Management, and Portfolio Management.
- Directly supervise, coach, develop, and evaluate on-site property management and maintenance personnel.
- Promote accountability, collaboration, customer service, and operational excellence across the property team.
- Perform other duties as assigned.
Benefits
- Medical, dental, and vision benefit plans
- Health Savings Account with employer contribution
- Company-paid life and disability insurance
- 401(k) savings plan with company match
- Paid time off, including vacation days, 10 designated holidays, sick time, and bereavement leave
- Up to 16 hours of volunteer time off
- Up to 16 weeks of paid parental leave
- Ongoing professional development programs
- Wellness program with monthly and quarterly prizes
- Competitive compensation plan
- Eligibility for bonus pay in addition to base salary
- Overtime pay in accordance with federal and state law
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What This Job Offers
Job Type
Full-time
Career Level
Senior
