Lease Operations Manager
4 weeks ago
LEASE & OPERATIONS MANAGER – JOB DESCRIPTION
1. Financial
- Demonstrate ability to understand financial goals, operate assets in best interest of the building/management.
- Manage Residential Leases for real estate portfolio of approximately 160apartments. Work with proprietary software (“RentRiter”) that manages rent rolls.
- Market Rate
- Rent Stabilization
- Rent Control
- Section 8 Certificates
- Manage Receivables
- Maintain accurate records of all building transactions and submit on timely basis (i.e., rent rolls, delinquency reports, move-in/move-outs, rent balances etc.).
- Prepare monthly rent bills to all tenants.
- Ensure that all rents and late fees/check charges are collected, posted and deposited in a timely manner.
- Provide constant vendor/contractor communications concerning scheduling, billing, vendor relations and certificates of insurance.
- Ensure that invoices are submitted to the bookkeeper for payment, handle petty cash and all funds.
2. Legal
- Generate necessary legal action, documents and process in accordance with State and Company guidelines. Refer to attorneys.
- Work with law firm(s) to monitor legal proceedings and develop appropriate correspondence.
3. Leasing
- Ensure that all properties are rented to full occupancy.
- Utilize marketing strategies to secure prospective residents, such as hiring brokers and using StreetEasy, Craigslist, OLR etc.
4. Administrative
- Prepare and/or implement procedures and systems within company guidelines to ensure orderly, efficient workflow.
- Confirm all leases and corresponding paperwork are completed and input to RENTRITER System accurately and on a timely basis, such tenant information and any apartment improvements.Ensure current resident files are properly maintained.
- Input receipt of all checks, money orders, cash payments to RentRiter
- Ensure all administrative paperwork such as MBR/MCR/FCA and Individual Apartment Improvements is accurate, complete and submitted on a timely basis.
- Answer telephones and check daily emails and faxes, incoming and outgoing mail, filings, and inventory and ordering supplies.
5. Resident Retention
- Deal with tenant concerns and requests on timely basis to ensure tenant satisfaction with management.
- Ensure distribution of all company or building-issued notices (i.e., bad weather, emergency, repairs, etc.).
- Consistently implement policies of the building.
6. Personnel Management
- Plan or schedule weekly office staff schedules and assignments.
- Coordinate maintenance schedule and assignments with building supers
- Administer action plans consistently, and on a timely basis with performance problems.
7. Maintenance
- Maintain building appearance and ensure repairs are noted and completed on timely basis. This requires regular building/apartment inspections.
- Assure quality and quantity of market ready apartments.
- Ensure that market ready apartments are inspected and communicate any service related needs to maintenance/super.
- Ensure that all service requests are recorded and communicated appropriately to maintenance/super.
8. Compliance/Safety:
- Learn and ensure compliance with all company, local, state and federal safety rules, especially HPD, DHCR, DOH
- Ensure that unsafe conditions are corrected in a timely manner.
- Submission of Certificates of Corrections, Affidavits, Dismissal Request Forms
- Yearly registration of buildings to HPD/DHCR
- Yearly registration of rent stabilized apartments to DHCR
- Yearly boiler maintenances, Category 1 elevator tests (Category 5 for five years)
- Yearly inspection of window guards, CO/smoke detectors, peeling paint in all apartments.
9. Essential Job Functions:
- College degree preferred. Broker’s license a plus.
- Demonstrate ability to apply principles of logical thinking to define problems, collect pertinent data, establish facts, draw valid conclusions and initiate appropriate course of action.
- Knowledge of Fair Housing Laws in dealing with prospects or tenants.
- Competence in personal computer skills, keyboard, internet search, math, Microsoft Office Suite including Word, Excel, and Outlook as well as community software applications.
- Participate in training or conferences in order to comply with new or existing laws.
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