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Commercial Senior Property Manager
1 month ago
Our client, a premier Commercial Real Estate Investment and Management Company with a class A office portfolio needs a strong, financial-minded Senior Commercial Property Manager that has institutional investor experience.
Job Description – The Commercial Senior Property Manager manages the building operations and property management team members ensuring the fiscal and operational success of Class A office and mixed-use properties. With excellent analytical skills, the primary responsibility of the Commercial Senior Property Manager will be the financial management and reporting for the property working closely with the accounting team, building ownership and institutional investor reporting. With strong management and personnel development skills, the Commercial Senior Property Manager will work with team members to support the property retention goals. Accountability is a key attribute of the successful Commercial Senior Property Manager. Additional responsibilities for the Commercial Senior Property Manager include the following:
Responsibilities:
- Exercise functional responsibility for property management business acting as liaison between tenants, property owners and institutional investors.
- Develop and maintain detailed property budgets and forecasts on property expenses and capital expenditures.
- Preparation of monthly reports including accruals, variance reports and stacking plan.
- Prepare and present business plan results to senior leadership.
- Monitor all expenses to ensure cost effectiveness and compliance with property budget parameters.
- Review and approve deal sheets and lease abstracts.
- Liaison with owners and accounting team to ensure contract compliance, including preparation of accurate and timely financial reporting
- Oversee and support all tenant and capital improvements to ensure timely and proper completion of all work within budget
- Responsible for all lease administration negotiation, collections and coordinate default proceedings
- Enforce the terms and conditions of the lease, including court appearances/testimony as needed
- Management of property management staff including hiring and performance management
- Ensure compliance with Property Management policies and procedures, codes, regulations, and governmental agency directives
- Develop comprehensive annual inspection processes for properties; completing weekly, monthly, quarterly, annual inspections as required to meet best practices
- Provide overall property management leadership through the development and interpretation of policies and programs, coordination of information flow and property management strategy
Requirements
- 8+ years of previous commercial property/facilities experience with increasing responsibilities – ideally with Class A properties.
- Prior supervisory responsibilities required.
- California Real Estate License and RPA or CPM designations
- Strong knowledge of finance and building operations
- Highly proficient in Microsoft Excel, Word, and Outlook, Yardi, MRI, Timberline, Building Engines, and other commercial real estate software programs.
- Professional and exceptional leadership, problem solving, and analytical skills.
Education
- Bachelor’s degree is required.
Benefits
- PTO, PST, Medical, Dental, and Vision
Compensation
- $135k - $145k plus bonus