Senior Property Manager

4 weeks ago


El Segundo, California, United States Newmark ltd Full time

Job Summary:

Newmark ltd is seeking a highly skilled and experienced Senior Property Manager to join our team. As a Senior Property Manager, you will be responsible for the overall management of our commercial properties, ensuring that they are well-maintained, profitable, and meet the needs of our clients.

Key Responsibilities:

  • Assist in solidifying positive relationships with clients by being proactive and responsive to their needs and requests
  • Assist senior management in understanding and working with clients to determine the goals and objectives for the performance of our real estate assets
  • Develop and implement recommendations to position properties to achieve the highest value consistent with client objectives
  • Prepare and report information in a timely fashion to designated staff as set forth by Newmark ltd and clients
  • Create and develop upgrades to services being provided by the company in an effort to exceed client expectations
  • Develop and implement staffing plans and job descriptions as required for assigned sites and promote continuous education for all on-site personnel
  • Bottom line responsibility for the preparation, presentation, and content of the annual operating budget and monthly financial reporting package
  • Must be able to calculate and prepare CAM reconciliations and be very comfortable with financial/accounting reports
  • Responsible for the final review and approval of all annual lease reconciliations and estimates
  • Establish goals and objectives for the performance of on-site staff in meeting set goals and objectives in a timely and efficient manner
  • Prepare employee evaluations and make promotion and compensation recommendations
  • Develop a resource plan with overall accountability for delivering a completed project, meeting customer requirements, within set budgets and schedules
  • Prepare lease abstracts and, in some cases, may have final approval authority of all lease abstracts and final document output
  • Review specifications prepared for service contracts. Responsible for selection and final award of contract services, vendor negotiation of service agreements, and the overall monitoring of vendor performance to assure full compliance with standards established within the service agreement
  • Review and approval of payables and receivables as prepared at the site level
  • Review and supervise all accounting output as prepared by the accounting department as required by the property
  • Weekly visits to sites to review policies and procedures, personnel performance, and approving invoices requiring signature. Quarterly inspections of all properties contained within the portfolio
  • Responsible for short and long-range planning for all properties assigned
  • Ensure that all fire, life safety, and other safety programs are established and followed in conjunction with the Environmental Health and Safety Act
  • Maintain a positive image in performing daily work both internally and externally
  • May perform other duties as assigned

Requirements:

  • Bachelor's Degree in business or related field. RPA and CCIM or CPM certification is a plus.
  • Minimum of 5 years' experience in 3rd party commercial property operations, specifically Class-A office.
  • Knowledge in all aspects of business including accounting and construction management
  • Must have experience in MRI and/or Yardi
  • Must have been responsible for a portfolio of three or more projects with direct reports
  • Valid real estate license is required, or must be in process of obtaining a DRE license.

Salary:

$110,000 - $140,000 annually

The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held.

In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

Working Conditions:

Normal working conditions with the absence of disagreeable elements



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