Sr. Property Manager
About The Position
The Sr. Property Manager is responsible for managing Property Management staff, overseeing a significant property or portfolio, and serving as a point person for third-party relationships. The role provides leadership for property management operations, supports staff development, and ensures effective coordination of policies, programs, information flow, and strategy. The position oversees financial and administrative processes, including budget variance tracking, invoice payment and fund disbursement, cash flow monitoring, preparation of owner reports and annual budgets, and collection of management fees and overhead reimbursements. It maintains third-party owner relationships and contract compliance, addresses tenant relations issues, conducts property inspections, and oversees construction projects in coordination with the Construction Manager. The role is based in a professional office environment and also involves travel between properties and buildings, including outdoors in varying weather conditions. Compensation is $106,250.00–$125,000.00.
Requirements
- At least 5 years of real estate property management or related experience.
- Strong knowledge of finance and building operations.
- Proven experience managing, evaluating, developing, and motivating subordinates.
- Ability to effectively manage a team of professionals, including employees and vendors.
- Previous experience analyzing and negotiating commercial lease and/or contract language.
- Advanced knowledge of Microsoft Office Suite.
- Communication proficiency, both oral and written.
- Customer focus, problem-solving and analysis skills, leadership skills, teamwork orientation, time management skills, and financial acumen.
Nice To Haves
- Bachelor’s degree in Business Administration or a related discipline preferred.
- CPM, RPA, or CSM designation.
- Real estate license.
Responsibilities
- Direct, coordinate, and exercise functional responsibility for the property management business.
- Provide property management leadership by developing and interpreting policies and programs and coordinating information flow and strategy.
- Lead and direct Property Management staff and promote reasonable career paths for property management professionals.
- Track budget variances and ensure a smooth recovery process.
- Oversee billing, including invoice payments and disbursement of funds.
- Monitor cash flow and cash requirements with the Property Manager to ensure efficient use of cash.
- Oversee preparation of reports, annual budgets, and other owner documents in accordance with the management agreement.
- Support prompt collection of management fees and overhead reimbursements.
- Maintain relationships with third-party owners, ensuring contract compliance and accurate, timely reporting.
- Resolve tenant relations issues to support tenant satisfaction.
- Conduct regular property inspections with staff.
- Oversee construction projects with the Construction Manager, including approval of construction contracts and invoices.
- Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives.
Benefits
- Health insurance
- Vision insurance
- Dental insurance
- Flexible spending accounts
- Health savings accounts
- Retirement savings plans
- Life insurance
- Disability insurance
- Paid and unpaid time away from work
- Competitive pay
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What This Job Offers
Job Type
Full-time
Career Level
Senior
