Summary of Job Description :
The CFT Associate Property Manager (APM) is responsible for the overall performance and profitability of assigned commercial real estate portfolio by controlling costs, maintaining excellent tenant relations, and maximizing the potential of each property through quality control and operations management. The CFT APM manages vendors and service contracts, maximizing opportunities for enhanced service quality, improved operating efficiency, cost savings, and maintain CFT standard for property appearance and tenant satisfaction.
The CFT APM coordinates with vendors to resolve property repair and maintenance issues independently on a timely basis. The CFT APM reviews recurring charges in Yardi for all tenants to ensure accuracy and makes billing changes and corrections as needed. This position confirms the coding of property invoices (e.g., property tax, utility, repair and maintenance invoices) is accurate and payment is processed on a timely basis. The CFT APM must prepare annual operating budgets and conduct annual reconciliation for the assigned properties.
Job Responsibilities :
Financial Management
- Responsible for preparing annual property budgets, maximizing net operating income, and continually adding value to the assets. Reviews and analyzes property financial statements to assess the viability of the asset. Reviews and approves expenditures within specified budgetary guidelines. Audit, approve and ensure proper GL code is used on all property invoices (property tax, utility, repair and maintenance invoices, etc.) are paid and processed on time.
Tenant Management
Responsible for inputting executed leases, renewals, assignment, escalations, and amendments into YARDI to ensure accurate reporting. Directly responsible for the rent collection of all tenants in assigned portfolio and timely deposit of rents to keep each tenant current. Reviews and reconciles tenant rent and Common Area Maintenance (CAM) and other NNN recovery charges.Vendor Management
Ensures all properties are maintained and repairs are executed in a timely and cost-effective manner. Responsible for the selection of contract services, vendor negotiation of service agreements and day-to-day monitoring of vendor performance to assure full compliance with standards established within the service agreement.Operational Management
Responsible for the acceptance and property management set up of new developed properties delivered by construction and new acquisition by real estate team. Conducts periodic property inspections and ensure first-class property condition, including grounds and common area maintenance, according to the standards which will distinguish CFT properties from the competition. Reviews the performance of all improvement work performed on each property (capital and tenant improvements) and ensure high quality of work is delivered.Portfolio Planning and Reporting
Engages in annual operational planning to identify areas of opportunity and set measurable business objectives for the upcoming year. Participates in monthly operations review through management by objectives and results (MOR) process and take corrective action on results to be achieved.Special Assignments / Projects Management
Performs special assignments and manages assigned as directed.Must reside around one of the following areas :
ChicagoFloridaHow we reward you :
Hybrid Work schedule401K with company matchYearly bonus opportunityFull medical, dental, and vision insuranceOn-site fitness center, biometric screen, and flu shot clinicDiscounts at Panda restaurants, theme parks, and gym membershipsPaid time off starting at 15 days with 7 federal holidaysContinuous education assistance and scholarshipsIncome protection including Disability, Life and AD&D insuranceBereavement leaveBenefits available for eligible permanent full time associatesYour background and experience :
Bachelor’s degree in Business or related field requiredMinimum five years of relevant experience requiredYARDI experience requiredCandidate for IREM CPM, BOMA RPA, or ICSC CSMSuccessful completion of initial and periodically required trainings.Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.Pay Range : P3 : $90,000 - $126,500 / Annual
Within the range, individual pay is determined using various factors, including work location and experience.LI-Remote
LI-CH4
