Senior Portfolio Manager

ThalhimerAllen, Texas, VirginiaOn-siteFull-timeSenior, 5–8 yearsListed 3 weeks ago

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About this role

Reports To: Vice President 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 m aximizing 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

Cushman & Wakefield | Thalhimer is an Equal Opportunity Employer.