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    Portfolio Manager - Los Angeles, United States - Property Management Associates

    Property Management Associates
    Property Management Associates Los Angeles, United States

    3 weeks ago

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    Description
    Job Description

    Job Description


    Property Management Associates (PMA), a boutique property management firm located in Culver City, CA, with more than 30 years managing commercial and residential communities throughout Southern California.

    PMA provides an environment that promotes balance and encourages our team members to become involved within the communities we serve by offering paid volunteer hours, in addition to making charitable donations to multiple community organizations.

    Portfolio Manager- Culver City, CA – 2 Positions Available

    Compensation:
    $90k-$95k

    Preferred Experience includes :

    managing, directing, and implementing operational strategies and objectives for a portfolio of Market Rate and Rent Controlled properties to ensure the achievement of property and organizational goals; developing and controlling a budget, assuring that operations are fiscally sound; assisting with the development and implementation of organizational policies and procedures related to property management; ensuring that the physical assets assigned are maintained according to the organization's standards; maintaining an acceptable occupancy level established by the organization; maintaining clean buildings and grounds; recruiting, training, developing and supervising the on‐site Property Manager; interacting with vendors; the community, at‐large; and the residents; assisting senior management and other managers with special projects and other related work.


    Essential Functions :
    Financial
    Prepare annual operating and capital budgets, review financial

    statements/reports,

    and prepare monthly variance reports
    Responsible for the accurate and timely establishment of rent levels as approved by senior management, the timely collection and deposit of all rental and other payments due from residents, and the taking of corrective and/or legal action as required to obtain collections
    Responsible for ensuring implementation of annual rent increases
    Maintenance

    Responsible for the implementation and reporting of all maintenance policies, plans, and procedures, including, but not limited to, work order systems, purchase order systems, preventive maintenance systems, inventory control, and the turnover process.

    Work with maintenance staff to resolve maintenance issues.
    Create short and long range plans for correction of deficiencies and for normal maintenance of the properties
    Conduct routine meetings (at least monthly) with the maintenance staff
    Marketing
    Responsible for maintaining budgeted occupancy goals
    Responsible for the accurate and timely submission of marketing reports, and for maintaining current comparable studies
    Make recommendations to improve marketing and leasing programs
    Demonstrate a comprehensive understanding of the competition, general market area, and product knowledge
    Supervise and participate in the Leasing and Renewal Programs.
    Conduct monthly meetings with the site level administrative staff.

    Inspect properties in portfolio to ensure the highest standards are maintained; evaluate effectiveness and efficiency of maintenance, grounds, and housekeeping operations.

    Conduct periodical inspection of vacant apartments for market‐ready condition
    Personnel
    Participate in the hiring, promotion, termination and transfer of site personnel, including the timely submission of all required paperwork.
    Ensure appropriate staff development and/or training is provided,( including his/her own) and that all staff is aware and correctly implements the fair housing/ employment laws, safety rules and regulations, and other company and governmental policies and procedures
    Hire, train, supervise, develop, and terminate the employment of those supervised in accordance with company policies and directives; perform timely performance evaluations on employees
    Assist Property Managers with site‐level employees. Approve all new hires, status changes, and terminations for on‐site personnel in coordination with Human Resources and senior management
    Other
    Perform special assignments as needed or as requested by the COO, CFO or CEO.
    Execute such other responsibilities as determined by the senior management the dates the tax bills will be issued, and the accuracy of the tax bill amounts
    Effectively and professionally interact and communicate with your manager, other employees, Owners, vendors, residents, senior staff, and clients
    Respond promptly when requested for information from COO, CFO, CEO, and/or financial agencies which might include but not limited to, research, preparation, compilation, and submission of reports in an accurate and timely manner
    Assist in the development, implementation and maintenance of internal

    controls/procedures

    that provide operation, fiscal control, cost savings, projections, planning, forecasting and effective utilization of assets and properties

    Job Requirements :
    Education – B.A/B.S. Undergraduate degree preferred
    Years of Experience – 5 years of prior supervisory experience is required; Must have at least 3-5 years of work experience in the area of Property Management and Rent Control
    Computer Skills – Proficient in Excel, MS Office and Yardi Voyager.
    Physical Requirements – Job requires oversight of multiple properties. Candidate must be willing to travel locally
    Valid driver's license and reliable transportation
    Experience in property budget preparation is required
    Demonstrated experience in problem identification, analysis, recommendation of options and development of logical and workable solutions
    PMA offers a competitive benefits package to all full-time employees, including:
    Medical, Dental, Vision, Life Insurance with an employer contribution
    401(k) with Company Match (eligibility required)
    Short-term & Long-term Disability
    Critical

    Illness/Accident/Hospital

    Indemnity Plans
    Employee Assistance Program

    Generous Paid Time Off:
    Time off benefits include vacation, holidays, personal days, and sick time and parental leave.
    Start the weekend Early (1 Hour Early Release on Fridays)
    If you are looking for an exciting employment opportunity, PMA is the employer for you
    Company Description Property Management Associates (PMA) is a full-service Property Management Company located in Los Angeles, California.

    We specialize in commercial (office, retail, industrial, medical) and residential property management, apartments for rent in Los Angeles and greater LA County, and commercial real estate for lease.

    This combined with our professional property management services makes PMA one of the largest property management companies in Southern California.

    Company Description

    Property Management Associates (PMA) is a full-service Property Management Company located in Los Angeles, California.

    We specialize in commercial (office, retail, industrial, medical) and residential property management, apartments for rent in Los Angeles and greater LA County, and commercial real estate for lease.

    This combined with our professional property management services makes PMA one of the largest property management companies in Southern California.

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