Vice President, Property Management - Los Angeles, United States - Newmark

Newmark

Verified Company

Los Angeles, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

To enhance and maximize the value of the owner's investment in commercial office buildings and facilities in the Market. Assist AVP to manage Market business to maximize its profitable growth and return on investment.

Plan, organize, direct and manage the activities of the Market so as to optimize the utilization of all resources under his/her control.

Participate in formulation of overall corporate objectives, policies and plans as they pertain to the Market.

Manage and direct the operations of each property to which assigned, at the least possible cost to produce the maximum return on the investment dollars, maintaining the property at the established levels of protection, care and maintenance.

SKILLS, EDUCATION AND EXPERIENCE:

Bachelor's degree in Business Administration or a Real Estate related field; Master's Degree preferred
Minimum 10 years' experience in property management, marketing and leasing of office buildings
Previous experience should include senior management experience with a third party management firm, owner or developer of "Class A" property in a major metropolitan area and management business development
Computer proficiency
Strong skills in the following areas: business management, human relations, financial analysis, budgeting, relationship building, time management, planning and organizing, written and verbal communications
Unchallenged integrity, good negotiating and presentation skills, work under pressure, ability to perceive problems and react quickly to effect solutions
Broker or salesperson DRE license as required for property management in the state/s where business is transacted May perform other duties as assigned.

Salary:
$ $250000 annually**The expected base salary for this position ranges from $200000 to $250000 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.).

Note:

The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

ESSENTIAL DUTIES:

Leading the business development and profitability in the Market for revenue and bottom line profit. Sourcing and developing relationships with decision makers leading to business development. Soliciting, preparing and responding to proposal requests. Cooperating and building relationships with and actively seek referral business from other company units and offices.
Seeking ways to develop and implement outstanding service programs for clients and tenants.
Reviewing and evaluating the Market's performance on a continuing basis and establishing proper measures of performance and variance to plan; counseling direct reports as to execution of programs. Providing direction for modifications of plans or implementation of contingency plans in accordance with prevailing business conditions.
Directing the development of Market's strategic plans and ensure their proper execution. Initiating and authorizing expenditures, appropriations and commitments and pricing strategies which are within the limitations of delegated authority and for those outside this level, recommend appropriate action.
Ensuring that information requirements and reporting are related to the individual needs of management, that feedback controls are designated, and that proper information flow is maintained, standardized and utilized.
Implementing policies and procedures in accordance with published directives, local codes/laws and procedures to ensure compliance.
Working closely with the managers to ensure that the property succeeds as a profit center or expense control for ownership.
When necessary, assisting the leasing agents and property managers with prospective leases to optimize the economics of the deal. If within the purview of the management responsibilities, ensuring that manager's review and approve all leases before being submitted to the owner's representative for signature and determine which leases should be reviewed by legal counsel.
Conducting and maintaining relationships with national "key" clients/tenants, industry and trade associations, representatives or government, public service organizations, customers and vendors. Engaging in other outside activities consistent with the company's responsibilities to the community and the industry.
Working with Property Mangers in assisting the owner's representatives in the preparation of its longrange str