Portfolio Manager Jobs

About The Position

Requirements

• High school diploma or GED.
• At least 3 years of community management experience with 150 or more units.
• At least 2 years of experience managing multiple properties in an equivalent management position.
• At least 2 years of demonstrated increasing responsibility and staff oversight.
• At least 3 years of Tax Credit, HUD, and/or affordable housing experience.
• Valid driver’s license and insurance.
• Ability to read and interpret safety rules, operating and maintenance instructions, and procedure manuals.
• Ability to write routine reports and correspondence and speak effectively before groups of customers or employees.
• Ability to perform basic arithmetic and calculate rates, ratios, and percentages, and to draw and interpret bar graphs.
• Ability to apply common-sense reasoning to written, oral, or diagrammed instructions and solve problems involving several concrete variables in standardized situations.
• Excellent analytical skills and attention to detail.
• Ability to meet the described physical demands, with reasonable accommodations where applicable.

Nice To Haves

• Experience in finance and budgeting.

Responsibilities

• Formulate and manage operational and capital budgets for the assigned portfolio, track and report community financial performance, and implement asset-value strategies with guidance from the Senior Regional Portfolio Manager.
• Assist with timely review and approval of property invoices and provide plans for outstanding late payments.
• Track and reconcile property accounts receivable, support timely collections, and notify Accounting of anomalies.
• Attend regular, structured property-owner meetings with the Senior Regional Portfolio Manager to discuss performance and critical issues.
• Assist in strategies to improve expense management, rent growth, resident retention and service, income generation, and collections.
• Assist with recruiting, hiring, training, and performance management of staff, and take appropriate action to support performance goals.
• Visit property sites regularly and ensure community interiors and exteriors meet safety and appearance standards.
• Approve repairs and operating and maintenance contracts within delegated authority, and manage supplier and vendor performance with the Senior Regional Portfolio Manager as final authority.
• Respond promptly to maintenance emergencies, including after-hours calls.
• Ensure preventive maintenance inspections are tracked and work orders are completed on time.
• Ensure property management teams follow Cascade Management policies, processes, procedures, and tools, and recommend improvements to management when needed.
• Ensure compliance with applicable local, state, and federal laws concerning the industry, employment, fair housing, and resident or tenant relations.
• Regularly review property net occupancy and review and approve property invoices.
• Review and approve site staff timecards.
• Educate, train, and develop community managers and other site staff on company policies and procedures, including reporting, safety, compliance, and owner requests.
• Work with the marketing department, at the direction of the Portfolio Manager or Senior Portfolio Manager, on plans and strategies to fill vacant units.
• Communicate with owners, partners, and property constituents under the Portfolio Manager’s direction.
• Maintain regular and reliable attendance during scheduled hours.
• Perform other duties as assigned.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Prescription coverage
• Paid time off
• 11 paid holidays
• Short- and long-term disability insurance
• Life insurance
• Employee Assistance Program
• Accident and cancer plan
• Medical and dependent care flexible benefits