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The Senior Property Manager is responsible for overseeing a significant property portfolio, managing property staff, and serving as the primary point of contact for third-party relationships. They must ensure financial performance through budget management, cash flow monitoring, and compliance with property management policies and regulations.
Candidates should possess at least 5 years of real estate property management experience and a Bachelor's degree in a related field. Professional designations such as CPM, RPA, or CSM and a valid real estate license are highly preferred.
Job Title
Senior Property Manager (CRE)Job Description Summary
Responsible for the management of the Property Management staff as well as to oversee a significant portfolio or property and to serve as a point person on third-party relationshipsJob Description
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
• Direct, coordinate, and exercise functional responsibility for property management business
• Provide overall property management leadership through the development and interpretation of policies and programs, coordination of information flow and property management strategy
• Provide direction and leadership to Property Management staff, promoting reasonable career paths associated with property management professionals
• Track budget variances and ensure smooth recovery process
• Oversee the billing process including payment of invoices and disbursement of funds
• Monitor cash flow and cash requirements in conjunction with Property Manager to ensure efficient use of cash
• Oversee preparation of reports, annual budget, and other documents for owner in accordance with the management agreement
• Support prompt collection of management fees and reimbursements to overhead
• Maintain interface with third-party owners, ensuring total contract compliance, and accurate and timely reporting
• Resolve tenant relations issues to ensure their satisfaction
• Perform regular property inspections with staff
• Oversee construction projects with Construction Manager, including approving construction contract and invoices
• Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives
KEY COMPETENCIES
1. Communication Proficiency (oral and written)
2. Customer Focus
3. Problem Solving/Analysis
4. Leadership Skills
5. Teamwork Orientation
6. Time Management Skills
7. Financial Acumen
IMPORTANT EDUCATION
• Bachelor’s Degree in Business Administration or related discipline preferred
IMPORTANT EXPERIENCE
• 5+ years of real estate property management or related experience
ADDITIONAL ELIGIBILITY QUALIFICATIONS
• CPM, RPA, or CSM designation
• Possess real estate license
• Strong knowledge of finance and building operations
• Proven experience in management, evaluation, development, and motivation of subordinates
• Ability to effectively manage a team of professionals, including both employees and vendors
• Previous experience in analyzing and negotiating commercial lease and/or contract language
• Advanced knowledge of Microsoft Office Suite
WORK ENVIRONMENT
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to travel from floor to floor, climb stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly operate office machinery.
OTHER DUTIES
This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email Accommodations@cushwake.com. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”As a global commercial real estate services leader with 52,000 professionals worldwide, we will never settle for the world that’s been built, but relentlessly drive it forward for our clients, colleagues and communities. #BetterNeverSettles
Offices: 225 West Wacker Drive, Chicago, IL 60606, US · 43-45 Portman Square, London, W1H 6LY, GB · 88 Market Street, #47-01 CapitaSpring, Singapore, SG · 21 rue Balzac, Paris, France 75008, FR · Level 22, 1 O'Connell St, Sydney, NSW 2000, AU
