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Property Manager

2 months ago

Louisville, United States YMP Real Estate Management LLC Full time
Job DescriptionJob DescriptionDescription:

POSITION SUMMARY

Reporting to a Regional Manager, a YMP REM Property Manager is the Business Manager of their assigned residential/commercial community. This position oversees all property operations including leasing, tenant relations, maintenance, construction/renovation, budget planning, expense review and control, as well as rent collections. Additional responsibilities include market-general and sub-market research, surveys, data collections, interior and exterior inspections, and budget analysis. The Property Manager is expected to meet financial objectives by effective marketing, collecting rent, forecasting capital requirements, scheduling expenditures, analyzing variances and initiating corrective actions.

GENERAL RESPONSIBILTIES

The Property Manager's duties and responsibilities may include but are not limited to the following:

  • Perform daily, weekly, monthly, and quarterly (QA) inspections.
  • Oversee a Maintenance Supervisor, who team maintain building systems, fulfills tenant work orders and conducts preventative maintenance.
  • Manage day to day operations of assigned property, including 24/7 emergency response.
  • Assist Leasing Representatives with their sales and marketing responsibilities to maintain high occupancy and retain existing tenants.
  • Effectively communicate with tenants and solve problems with their tenancy.
  • Read and interpret legal documents and contract service agreements.
  • Administer and coordinate collection procedures, collect rent, and follow up with delinquencies.
  • Enforce terms of the rental agreement and building rules.
  • Effectively communicate technical and financial information with maintenance staff, tenants and upper management.
  • Schedule and complete projects as assigned.
  • Manage and control operating expenses.
  • Analyze monthly and annual budgets and explain variances.
  • Participate in preparing annual operating budgets and maintain budgetary guidelines.
  • Evaluate existing contracts and effectively negotiate new contract pricing.
  • Interview and hire site staff.
  • Supervise and train all property site staff.
  • Manage safety programs, including employee training in fire safety, general emergency procedures, and use of emergency equipment.
  • Time and attendance management; Covers all practices that are associated with employee time and attendance. In essence, tracking and monitoring employee hours, such as when they start work, when they end work, how long the breaks are, sick days, and time off requests.
  • Maintain building security measures, ensuring proper incident documentation and notification to upper management, and owners.
  • Additional duties as assigned/required.

WORKING CONDITIONS AND ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Requirements:

QUALIFICATIONS& EDUCATION

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • High school diploma or GED equivalent required; Bachelor’s degree preferred
  • 5+ years of related experience
  • Demonstrated ability to effectively manage a multifamily rental apartment community and meet company objectives
  • Experience working in multifamily management systems software such as Yardi, MRI, OneSite and ResMan. YMP REM works in ResMan and will train the successful candidate in this operating software.
  • Knowledgeable in local, state, and Federal laws that pertain to property management and tenant rights.

LANGUAGE ABILITY

Ability to read, analyze, and interpret general business literature, letters and memoranda as well as governmental regulations. Ability to write reports, business correspondence, and internal memoranda. Ability to effectively present information and respond to questions from employees, managers, tenants, vendors and the general public.

MATH ABILITY

Ability to understand and calculate figures used in basic business as well as read and understand basic financial statements.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret conflicting opinions and promote compromise.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand; walk and sit. The employee is occasionally required to use hands to finger, handle, or feel; reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl.