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Industrial Property Manager

3 months ago

Rosemont Illinois, United States Stream Realty Full time
Job Description

The Property Manager provides first-class property management services to third-party clients and owners.

Day-to-day responsibilities include financial and operational management for a portfolio of assets including client interaction, tenant and vendor relations, lease administration, budgeting, and supervisory responsibility.


ESSENTIAL FUNCTIONS
Serve as point person for the portfolio or assignment.

Work directly with clients, partners and investors.

Build and maintain a best-in-class level of service for the building/portfolio.

Supervise all on-site property management staff, as well as third-party vendors.

Build employee teams and provide direction, training, and motivation for superior performance.

Prepare budgets and manage financial performance of the portfolio.

RESPONSIBILITIES


Responsible for coordination of all property management-related activities including day-to-day building operations, accounts payable, accounts receivable, reporting, and client/tenant/vendor relations.


Work closely with Construction, Leasing, Marketing, and Accounting Teams to ensure the "Stream Team" is providing the highest level of service to our clients.

Ensure all Stream policies and best practices are implemented and followed.

Understand and ensure compliance with the Management Agreement(s) and all Client policies and procedures.

Conduct routine property inspections and associated follow-ups to prevent/identify/resolve problems and exposures.

Prepare and adhere to operating and capital budgets and re-forecasts as well as annual expense recovery estimates and reconciliations.

Coordinate all property-related contracts, services, repairs, and capital projects.

Prepare, review, and submit the monthly/quarterly/annual financial and operational reports as per Client requirements. Prepare monthly expense variance comments for the client(s).

Review and approve invoices/AP batches, and monthly rent edits. Review and ensure the accuracy of the General Ledger.

Tenant lease review and set up in designated accounting system.

Adhere to Stream property management annual audit.

Coordinate real estate tax review process for the portfolio/assignment.

Process and oversee all TI applications for accounting submission and payment.

Maintain personal contact with all vendors, tenants, and clients.

Respond to and resolve after-hour emergency calls as needed.

Supervisory responsibility for designated personnel.

Review, approve, and submit team expense reports and PTO requests.

Assist in the completion of annual performance reviews and regularly communicate performance to direct reports.