Senior Property Manager (CRE)

Cushman & WakefieldBoston, MA
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 Senior Property Manager will direct, coordinate, and exercise functional responsibility for property management business, providing overall leadership through policy development, program interpretation, and strategic coordination. They will lead the Property Management staff, fostering career development, and will be responsible for tracking budget variances, overseeing the billing process, monitoring cash flow, and preparing essential reports and budgets for owners. This role involves maintaining strong relationships with third-party owners, ensuring contract compliance and accurate reporting, resolving tenant issues, conducting property inspections, and overseeing construction projects. Compliance with all Property Management Policies and Procedures, codes, regulations, and governmental directives is crucial.

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
  • Communication Proficiency (oral and written)
  • Customer Focus
  • Problem Solving/Analysis
  • Leadership Skills
  • Teamwork Orientation
  • Time Management Skills
  • Financial Acumen

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.

Benefits

  • health, vision, and dental insurance
  • flexible spending accounts
  • health savings accounts
  • retirement savings plans
  • life, and disability insurance programs
  • paid and unpaid time away from work
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