Senior Property Manager (CRE)
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 strategy implementation. A critical aspect of this role is to provide direction and leadership to the Property Management staff, fostering career development within the property management field. The Senior Property Manager will also be responsible for tracking budget variances, overseeing the billing and payment processes, monitoring cash flow, and preparing essential reports and budgets for owners. Maintaining strong relationships with third-party owners, ensuring contract compliance, and resolving tenant issues are also key responsibilities. The role includes performing regular property inspections, overseeing construction projects, and ensuring adherence to all Property Management Policies and Procedures, codes, and regulations.
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.
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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What This Job Offers
Job Type
Full-time
Career Level
Senior
