Portfolio Manager

4 weeks ago

Chevy Chase, Maryland, United States The Nabo Group Full time
Job Title: Portfolio Manager

Job Summary:

The Nabo Group is seeking a highly motivated and experienced Portfolio Manager to join our team. As a Portfolio Manager, you will be responsible for providing overall supervision of assigned communities, ensuring effective interaction with internal and external customers, and overseeing the operation and administration of the Association in accordance with management agreement, state statutes, and the Association's policies and procedures.

Key Responsibilities:
  • Supervise the operation and administration of the Association, ensuring compliance with management agreement, state statutes, and the Association's policies and procedures.
  • Act as the primary liaison with the Association Board of Directors and homeowners, ensuring effective communication and resolution of issues.
  • Attend Board meetings and community events as needed, providing updates and insights to the Board and homeowners.
  • Monitor corporate and client delinquency rates and collections process for account portfolio, ensuring timely and accurate financial reporting.
  • Approve all community invoices for payment, ensuring compliance with financial policies and procedures.
  • Review and provide accurate monthly financial reports, highlighting key trends and areas for improvement.
  • Prepare annual budgets, including a review of community reserve studies and maintaining all expenses within the budget.
  • Maintain unit and contract files relating to the operations of the Association, ensuring accurate and up-to-date records.
  • Coordinate annual tax return filing with community CPA, ensuring compliance with tax laws and regulations.
  • Oversee all capital improvement and replacement projects, ensuring timely and cost-effective completion.
  • Bid projects to multiple vendors using standard RFP, providing a consistent scope of work and ensuring best value for the Association.
  • Coordinate with maintenance staff to complete work orders, ensuring timely and effective resolution of issues.
Requirements:
  • Minimum 1-3 years of experience managing HOAs/Condos.
  • Professional customer service skills, with a polished, professional, and friendly demeanor.
  • Associate degree required; Bachelor's degree preferred.
  • CMCA certification required within 6 months of hire, with AMS certification preferred.
  • Exceptional communication skills, both written and verbal, with a focus on effective communication and conflict resolution.
  • Knowledge of communities/property/real estate and homeowner's associations, with a focus on property management and administration.
  • Time management and time-critical prioritization skills, with a focus on meeting deadlines and achieving goals.
Benefits:
  • Competitive pay, based on market and portfolio.
  • Annual bonus.
  • Unlimited PTO.
  • CAI membership.
  • 100% employer-paid health, dental, vision for team members.
  • Voluntary benefits, including life insurance, disability, and 401(k).

The Nabo Group provides equal employment opportunities to all employees and applicants for employment, prohibiting discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

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