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Senior Portfolio Manager
1 month ago
About the Role:
The Senior Portfolio Manager will be responsible for the overall management and maintenance of an assigned project. This includes financial aspects, such as collecting income due to the owner in a timely manner and controlling expenses in line with ownership objectives, meeting or exceeding NOI goals.
Key Responsibilities:
- Primary interface with ownership, client, and asset manager to ensure objectives are being met.
- Works on strategic planning and asset management issues with ownership, client, and asset manager.
- Responsible for the planning, budgeting, and control of operating and capital expenditures.
- Manages the preparation of annual budgets, forecasts, monthly reports, and variance reports.
- Supervises the accounts receivable and accounts payable process, including collection of rent, accruals, payment of expenses, common area maintenance estimates, true-ups, reconciliations, compliance with lease terms, and preparation of all related documentation.
- Responsible for the compliance of all tenant lease agreements to ensure all obligations of the Landlord and Tenant are being met.
- Responds to tenant requests and needs and coordinates with the Property Management and Building Staff Teams to solve the issues.
- Maintains a strong relationship with the tenants.
- Oversees the selection and performance of vendor services, including preparation of request for proposals and service agreements.
- Monitors vendor performance to ensure compliance and standards established in the service agreement are being met.
- Supervises scheduling and facilitating maintenance with vendors and tenants.
- Performs property inspections on a regular basis and makes recommendations to maintain and enhance the asset.
- Supervises the compliance of property safety standards, conducts or oversees Fire and Life Safety training, and maintains the building emergency response plans and procedures, along with its related documentation of compliance.
- Supervises and manages team members to ensure exceptional performance is being achieved.
Requirements:
- Bachelor's Degree, preferably in business, real estate, or finance.
- Candidate will possess a minimum of ten years related experience.
- Strong understanding of financial terms and principles and can analyze and conduct complex financial and business decisions.
- Preferable Yardi and Kardin accounting software experience.
- Ability to effectively resolve situations or complaints from tenants, employees, or management.
- Proficient in Microsoft Word and Excel.
- Ability to express ideas clearly in written and verbal communications, with the capability to create complex financial and business-related documents.
- Strong organizational skills and detail-oriented.
- Proven record of providing excellent internal and external customer service.
Benefits:
- Traditional and Roth 401k with generous employer match and immediate vesting.
- 12 weeks of Paid Parental Leave after one year of tenure.
- Medical, Dental, Vision Insurance.
- Company-paid Life and AD&D Insurance.
- Company-paid Short & Long-Term Disability.
- Voluntary Critical Illness and Accident Coverage.
- Healthcare, Dependent Care, Commuter & Transit Pre-Tax Benefits.
- Wellness program.
- Employee Assistance Program (EAP).
Work-Life Balance:
- Competitive paid vacation days.
- 2 personal/wellness days.
- Paid holidays plus 2 floating holidays.
- Annual volunteer day for Day of Giving.