Portfolio Manager

5 days ago

Saint Paul, United States Mid Continent Management Corporation Full time
Job DescriptionJob Description

JOB SUMMARY: This position is responsible for managing an assigned portfolio of residential and/or commercial properties to maximize profitability by managing expenses and increasing revenue while maintaining and/or enhancing the integrity of the real estate to achieve client investment objectives.

ESSENTIAL RESPONSIBILITIES:

Administrative and General Duties:

  • Assumes role of Community Manager in accordance with company and community guidelines when no Community Manager is assigned to a property.
  • Assists Community Manager with training to assure employee and vendor adherence to company policies, procedures, safety regulations, and contractual obligations.
  • Conducts formal site inspections of building interior and exterior and makes recommendations for physical repairs and/or replacements.
  • Works with Community Managers to direct curb appeal procedures such as lawn care, parking lot appearance and cleanliness,building appearance, signage, office appearance.
  • Conducts market studies to determine rental rates for new and renewal leases based on current market information.
  • Evaluates market conditions to create new or improve existing marketing programs.
  • Works with Community Manager to supervise and assist leasing personnel with marketing and leasing responsibilities.
  • Reviews rental applications and lease documents for accuracy and compliance with established policies and procedures
  • Monitors status and works with Community Manager to coordinate preparation of vacant units for rental.
  • Supervises rent collection and delinquency management.
  • Approves expenditures (e.g., payroll, employee reimbursements, vendor invoices) in accordance with company policies and procedures.
  • Reviews and analyzes monthly financial reports and creates appropriate variance report
  • Creates and manages annual operating budgets.
  • Ensures property files and records are maintained.
  • Complete ad hoc projects as assigned by the President.
  • Periodically runs routine errands to purchase supplies and equipment.
  • Represents Mid Continent Management in a professional manner at meetings, training seminars, conferences, and industry events.

Back-Up Duties:

  • Assumes Community Manager’s duties/authority in their absence in accordance with company and community guidelines.
  • Assists maintenance, caretaking, groundskeeping, pool monitor, and snow removal staff in completing their day-to-day responsibilities as needed. N

SUPERVISORY RESPONSIBILITIES:

  • Directly supervises several employees, including Roving Maintenance Technicians and Community Managers.
  • Indirectly supervises several site staff employees, including Assistant Community Managers, Leasing Consultants, Maintenance Technicians, Caretakers, Groundskeepers, Pool Monitors, and Snow Removal Technicians.
  • Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
  • Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS AND REQUIREMENTS:

  • Bachelor’s Degree (BA) from four-year college or university, or three years of related experience and/or training, or equivalent combination of education and experience.
  • Certificates: CRM (Certified Residential Manager) & CPM (Certified Property Manager) are a plus.
  • Experience with Rent Manager is a plus.
  • Computer skills: internet software (Chrome); spreadsheet software (Excel); word processing software (Word); electronic mail software (Outlook).
  • At least three years of experience in property management required.
  • Experience successfully leading and managing staff required.
  • Must have a valid Minnesota driver’s license and proof of current liability insurance coverage required.
  • Possession an operable vehicle required to run errands and perform other remote tasks.
  • As a condition of employment, employee must successfully complete a background investigation.
  • Comprehensive understanding of Fair Housing laws or ability to obtain this knowledge required.  

Guided by our values

Wondering what working with or living in an MCMC property is like? Here’s what you can expect. From our day-to-day conversations through our practices and policies, our actions and decisions are guided by our values.

  • Lasting Relationships
  • How we treat one another matters. We show care through building enduring connections that are supportive, collaborative, and committed.
  • Act with Integrity
  • We are respectful, accountable, and intentional about doing the right thing for our customers, team members, and clients.
  • Quality Assured
  • Expect experienced, hard-working, service-first, problem solvers who prioritize your needs and treat properties like our own.
  • Enjoyment
  • United in a passion for what we do, we’re positive and grateful stewards of homes and businesses.
  • Always Improving
  • We are leaders who seek opportunities to nurture growth, empower others, seek resolution, and set the right example.
Company DescriptionCaring for properties. Caring for you.
For more than 50 years, MCMC has provided quality property management services to residents and building owners throughout the Twin Cities and surrounding areas.

We’re a family-built, award-winning business with a reputation for responsive service, know-how, and maintenance. Our dedicated team knows the value of home.

With a passion for providing quality housing as the foundation for thriving communities, MCMC cares for properties and cares for you.Company DescriptionCaring for properties. Caring for you.\r
For more than 50 years, MCMC has provided quality property management services to residents and building owners throughout the Twin Cities and surrounding areas. \r
\r
We’re a family-built, award-winning business with a reputation for responsive service, know-how, and maintenance. Our dedicated team knows the value of home.\r
\r
With a passion for providing quality housing as the foundation for thriving communities, MCMC cares for properties and cares for you.

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