Asset Manager - Dallas, United States - Expert Executive Recruiters

Description

Role:

Reporting directly to the firms Vice President, the Asset Manager directs and coordinates the asset management, on-going operations and administration of multiple value-add commercial properties.

The Asset Manager may perform the following duties personally, through third party managers, third party leasing agents, or through company personnel:


Responsibilities:

Daily responsibilities include, but are not limited to:

• Manage a team of property managers and leasing agents to implement operating

and capital strategies for a portfolio of assets.

• In coordination with internal team members, act as landlord representative for

new tenant lease negotiations and renewal of existing tenant leases.

• Support and coordinate the sale process for portfolio dispositions.
• Update and analyze property proformas as a function of executing the business

plan and determine an accurate NOI for each assigned asset.

• Demonstrate a proven ability to work as a leader and decision maker on a team.

ability to work in an organized, efficient manner with a high level of accuracy,
attention to detail, and follow-through.

• Creatively overcoming obstacles is critical to the success of this position.
• Evaluate on a continuing basis, operating costs, by monitoring each propertys

performance and results against the approved budgets, recommending and/or
approving necessary adjustments to achieve the scheduled cash flow or asset
value objectives.

• Develop, review and approve short-term and long-term operational programs that

will achieve or exceed cash flow objectives and maximize the asset value of each
property.

• Forecast capital improvement requirements to maintain each properties efficiency

and market competitiveness.

• Direct budget development for each property, reviewing and approving budgets in

cooperation with the respective Property Manager and property accountants.

• Monitor the procedures with respect to revenue management and ensure that

policies, billings and collections are being enforced to maximize cash flow.

• Monitor the response to tenant requests for services and general customer

service satisfaction.

• Annually oversee completion and accuracy of CAM reconciliations by accounting

team.


Qualifications:

• Established track record of business plan execution and value creation across

multiple commercial asset classes, specifically with retail assets.

• Bachelors degree specializing in Business and Finance.
• 5+ years of proven asset-management and property management experience of

Retail properties.

• Highly effective leader with the ability to build strong relationships with prospective

and existing clients/partners and sellers/buyers of real estate as well as direct
reports.

• Maintains a high level of professionalism, leadership and analytical skills.
• Working knowledge of leasing, accounting, development and operations of projects.
• Strong leadership and teamwork ability; provide support/direction to members of

management team.

• Strong multi-tasking, time management, leadership and decision-making skills.
• Ability to set personal and project priorities and demonstrate strong

organizational skills in day-to-day and long-term planning and execution.

• Strong analytical skills, problem analysis, project budget modeling and project

scheduling.

• Ability to travel 2-3 nights every other week.
• Excellent written and oral communication skills. Ability to effectively delegate and

negotiate.

• Proficient in the use of computer software including Argus and MS Office.

by Jobble

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