Property Manager

Under the direction of the Regional Director of Property Management, the Property Manager is responsible for all operations of his or her apartment portfolio, with an emphasis on optimizing revenue and NOI, preserving assets for individual properties, creating and enforcing policy for efficiency in operations, developing team members, and creating a positive work environment.

Essential Duties

Financial

• Manage portfolio financial performance by achieving annual operating budgets, monitoring expense control, and analyzing monthly Profit and Loss Statements to incorporate strategies for improvement
• Monitor income and expense benchmarks, turnover expenses, staffing levels, rent increase percentages and other strategies
• Monitor and make recommendations for revenue plans, delinquencies, deposit procedures, resident reimbursements and processing of payables for the best interest of the company
• Examine turnover procedure for damage assessment, turnover costs and fees associated with the preparation of statement of security deposit

Make recommendations for capital improvements and deferred maintenance and ensure all tasks are completed on time and within budget

• Review property invoices and ensure property checks are cut correctly