Director of Property Management

Company: SelectLeaders
Location: Orange
Posted on: February 18, 2021

Job Description:

The Professionals' Choice for Real Estate Jobs Southern California privately held real estate investment and management firm seeks to add a Director of Property Management. The firm acquires and manages value-added, real estate investments for its own account. Since inception, the company has acquired a diverse commercial real estate portfolio throughout California. PRIMARY DUTIES AND RESPONSIBILITIES General

• The Director of Property Management is responsible for the overall operational and financial performance of their assigned portfolio of assets
• Works collaboratively with the Vice President of Portfolio Management (direct supervisor) to achieve corporate asset management financials
• Manage a team of property and assistant property managers across a portfolio of properties throughout California
• As required, coordinates, and assists other departments, including Accounting, Leasing, Corporate Finance, in support of their operations to achieve corporate objectives
• Perform reviews and provide feedback and direction for annual budgets, monthly and quarterly reporting, operations, and process improvement/best practices
• Recruit, develop, devise staffing plans, evaluate training needs, and complete performance management and assessments of all associates that report directly or indirectly to this position.
• Budgeting and Forecasting
• Financial Reporting and Analysis
• CAM Reconciliations
• Systems administration via MRI/AVID
• Assist with lease administration process, acquisitions
• Work alongside Director of Facilities/Construction
• Assist corporate team of capital improvement projects Asset Operations
  • Managing property managers for accurate and timely revenue collections, including base rent and tenant reimbursements
  • Conducting periodic physical inspections of assigned assets
  • Working with Property Managers and Director of Facilities to troubleshoot and determine the best course of action to address operational issues
  • Managing expenses in accordance with approved operating budgets
  • Tracking upcoming lease expirations
  • Forecasting revenue streams in accordance with lease terms
  • Assist property managers in oversight, alongside facilities/construction, during tenant improvement projects by providing guidance, approving plans and pricing, resolving disputes, and ensuring projects are completed on-time and on-budget.
  • Annually, in coordination with Director of Facilities, develop multi-year operating and capital expense objectives/budgets
  • Ensure all required weekly, monthly, and property inspections are completed accurately, on-time, and with relevant analyses
  • Oversee the lease abstracting process
  • Oversee monthly review of budget variance reporting
  • Monthly, report to Management on the status of collections and aged delinquency reports
  • Periodically, coordinate with Property Accounting on month-end closing activities, to include invoice approvals, expense accruals, variance reporting, etc.
  • Expense management, driving down costs through effective negotiation and innovative process improvements REQUIRED SKILLS / QUALIFICATIONS
    • Bachelor's or graduate level degree in business, finance or real estate field; CPM designation preferred
    • Minimum 5-10 years commercial real estate experience with 3-5 years managing people
    • Demonstrated leadership skills and strong record of achieving financial, operations and customer service goals
    • Excellent verbal and written communication skills
    • Excellent planning, organization, and interpersonal skills
    • Excellent interpersonal skills with the ability to effectively communicate with all levels
    • Ability to function independently within a collaborative, team-oriented setting
    • Attention to detail and ability to function under tight deadlines
    • Ability to work accurately and efficiently
    • Ability to handle multiple projects at one time
    • Knowledge of using MRI or Yardi or similar property management software
    • PC skills including MS Outlook, Word, and Excel
    • Willingness to travel to properties from time to time Please enter your email to view real estate's premier jobs! (We only ask you to do this once per device)

Keywords: SelectLeaders, Orange , Director of Property Management, Executive , Orange, California