Senior Property Manager (CRE)
About The Position
Responsible for the management of the Property Management staff as well as to oversee a significant portfolio or property and to serve as a point person on third-party relationships. This role directs, coordinates, and exercises functional responsibility for property management business. It provides overall property management leadership through the development and interpretation of policies and programs, coordination of information flow and property management strategy. The position provides direction and leadership to Property Management staff, promoting reasonable career paths associated with property management professionals. It also tracks budget variances, ensures smooth recovery process, and oversees the billing process including payment of invoices and disbursement of funds. The role monitors cash flow and cash requirements in conjunction with Property Manager to ensure efficient use of cash. It oversees the preparation of reports, annual budget, and other documents for owner in accordance with the management agreement and supports prompt collection of management fees and reimbursements to overhead. The Senior Property Manager maintains an interface with third-party owners, ensuring total contract compliance, and accurate and timely reporting. This role resolves tenant relations issues to ensure their satisfaction, performs regular property inspections with staff, and oversees construction projects with Construction Manager, including approving construction contract and invoices. Finally, it ensures compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives.
Requirements
- 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
Nice To Haves
- Bachelor’s Degree in Business Administration or related discipline preferred
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
