Senior Portfolio Manager - Glen Allen
13 hours ago
Job description
Reports To:
Vice President, Director, or Associate Director
Primary Function:
Responsible for maintaining both the physical and fiscal aspects of a property or a portfolio of commercial properties (i.e. retail, office, industrial, office-medical, etc.) with an emphasis on maximizing the value of the property in accordance with each client's mission, goals, and objectives.
Education/ Experience:
A bachelor's degree from accredited college or university is preferred. A minimum of five years related experience in commercial property management. Industry accreditations are a plus.
Qualifications
Capable of leading special projects/assignments
Competency with industry computer skills and software: such as Microsoft Office, MRI,Yardi, Prism, Nexus, Versa-pay, etc.
Proficient in Accrual accounting
Ability to understand and execute expense reconciliations
Ability to understand and interpret commercial lease language
Skilled in variance reporting and incident reporting
Responsibilities
The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position in accordance with company standards and property management agreements:
Maintains and preserves the physical asset:
Procures, coordinate, manages, and supervises employees and contractors necessary for the maintenance operations of the properties
Conducts formal site inspections on properties interior and exterior and report on same
Leads the client on physical repairs and/or replacement recommendations
Observes and reports all risk management issues
After hours availability required in accordance with coverage and PTO/ time off policies
Financial reporting and control in collaboration with Accounting Dept:
Monitors accounts receivable for assigned properties. Administers tenant default notices as applicable in collaboration with lease administration and the client
Monitors and processes accounts payable for assigned properties
Manages and monitors property's cash balance
Approves property invoices in accordance with Company procedures
Coordinates and reviews monthly financial reports prior to submittal to client
Collaborates with accounting and lease administration on annual operating expense reconciliations
Prepares and monitors annual property operating budgets
Proficient in capital planning in accordance with ownership's goals and objectives
Provides variance comments for deviations from the budget
Meets the expectations of Institutional Ownership assignments
Understands both cash and accrual based accounting methods
Administration:
Assists with the selection, training, and control, of supervised employees (as applicable) in compliance with company policies and procedures
Interfaces with outside professional services providers regarding legal, accounting, insurance, real estate taxes, and other matters, as appropriate
Ensures all property files and records are maintained
Manages time spent between both in office and on-site at the property
Establishes and maintains general market knowledge, tenant relations, and asset evaluation
Completes all duties in a professional and timely manner
All other tasks as defined
Attributes/Expectations
Committed to customer service
Professional in both dress and demeanor
Takes ownership and understands entire property operations -physical/fiscal
Communicates effectively and efficiently (proactively and in all directions)
Participates in industry organizations to expand education and knowledge
Responsive to requests whether internal or external to the company
Embraces and executes Thalhimer's Core Values
Command and control approach to all aspects of the role of Senior Portfolio Manager
Critical thinker with penchant for leadership
Extremely well organized and analytical
Able to effectively interact and relate to a variety of personality types
Empathic listener
Excellent time management skills with innate ability to routinely multi-task.
Strong attention to detail
Job Posted by ApplicantPro
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