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Senior Property Management Executive
2 months ago
Ascend Talent Solutions is seeking a highly skilled Senior Property Management Executive to oversee the operations of a prestigious portfolio of Class A office and mixed-use properties.
Position Overview – The Senior Property Management Executive will be responsible for directing the property management team and ensuring the financial and operational excellence of the assigned properties. This role requires a strong financial acumen, with a focus on financial oversight and reporting in collaboration with the accounting department and property ownership.
Key Responsibilities:
- Act as the primary point of contact between tenants, property owners, and institutional stakeholders.
- Formulate and manage comprehensive property budgets and forecasts, ensuring accuracy in expense and capital expenditure projections.
- Generate monthly financial reports, including accruals and variance analyses.
- Present business performance results to executive leadership.
- Monitor expenditures to ensure adherence to budgetary constraints and cost-effectiveness.
- Review and validate lease agreements and deal summaries.
- Collaborate with ownership and accounting teams to guarantee compliance with contractual obligations and timely financial reporting.
- Oversee tenant and capital improvement projects, ensuring they are completed on schedule and within budget.
- Manage lease administration, including negotiations, collections, and addressing defaults.
- Enforce lease terms and conditions, including representing the company in legal proceedings as necessary.
- Lead and develop the property management team, including recruitment and performance evaluations.
- Ensure compliance with property management policies, industry regulations, and governmental directives.
- Implement a thorough inspection process for properties, conducting regular assessments to uphold best practices.
- Provide strategic leadership in property management through the development and execution of policies and procedures.
Qualifications:
- A minimum of 8 years of progressive experience in commercial property management, preferably with Class A properties.
- Demonstrated supervisory experience is essential.
- Possession of a California Real Estate License and RPA or CPM designations is required.
- Strong financial knowledge and understanding of building operations.
- Proficient in Microsoft Excel, Word, Outlook, and commercial real estate software such as Yardi, MRI, and Timberline.
- Exceptional leadership, analytical, and problem-solving skills.
Education:
- A Bachelor's degree is mandatory.
Benefits:
- Comprehensive benefits package including PTO, medical, dental, and vision coverage.
Compensation:
- Competitive salary range of $135k - $145k, plus performance-based bonuses.