$3,600 to $4,000 Monthly (plus commission)
Employment Type
Full-Time
Why Work Here?
“We are fast paced, target oriented and well organized company that is constantly expanding its operations.”
Our apartment community needs to fill an immediate opening for the position of a Property Manager. We operate a 135-unit property in an excellent location in Tampa, West River . As a Property Manager, you will become the public face of our property and the key liaison between the management office, housing agents, our current and prospective renters as well as other employees and vendors. We’re looking for a friendly, outgoing individual who has previous property management experience. You will handle all real estate activities and transactions on-site.
Principal Objective of Position:
The Property Manager (PM) is responsible for the overall
management of a multifamily apartment community. Responsibilities include marketing, budgeting, financial management, oversight of the physical plant and supervision of staff.
The PM will ensure that the property meets or exceeds its financial performance targets and ownership objectives. Financial performance and attainment of ownership objectives will be
achieved by ensuring that:
• Revenues are maximized.
• Expenses are carefully monitored and controlled.
• Staffing levels are appropriate.
• Employees are properly trained.
• Resident satisfaction is a continual focus.
• The property is maintained to the highest standards with a continual focus on asset
preservation and enhancement.
• Regulatory compliance and adherence to all legal requirements is reinforced.
Requirements
Training/Education
• Minimum of a high school diploma with a college degree preferred
• Valid driver’s license and reliable private transportation
• CAM designation a plus
Experience/Skills
• Minimum of two years of progressively responsible experience in property management of at least 100 units with demonstrated ability to deliver financial results.
• Experience in budgeting, revenue enhancement and expense control.
• Strong track record of successful personnel management – including hiring, training and staff development.
Special Requirements
• Excellent oral and written communication skills
• Excellent organizational and time management skills
• Strong interpersonal and consensus-building skills
• Excellent training skills
• Excellent computer skills, with emphasis on the Microsoft Office Suite – Word, Excel
• Ability to operate basic office equipment.
Essential Functions
Financial Performance
• Prepares and submits annual property budget for review by September 30.
• Ensures that property budget is monitored closely to meet or exceed budgeted NOI.
• Develops and implements systems to maximize property revenue and to control
operating expenses.
• Reviews property financial performance continually and prepares monthly variance report to budget.
• Participates in the preparation of financial and ownership reports as directed.
• Ensures that all rents and fees are collected on time and deposited.
• Initiates appropriate collection and legal actions for accounts receivable.
• Initiates all purchases within approved spending limits and budget requirements.
• Monitors purchasing and expense control through the periodic approval of invoices and review of property general ledgers.
• Oversees and monitors the bid process for all contract work and looks for efficiencies and economies of scale.
• Works collaboratively with other RPMs to compare “best practices” and expenses per unit on other properties.
• Ensures that paperwork or reimbursements from property Reserve for Replacement accounts is processed in a timely fashion to minimize financial strain to Company and the properties.
• Identifies/implements ancillary income sources to increase property revenues.
• Manages the process of passing through appropriate fees and utility payments to maximize NOI.
Marketing/Leasing
• Develops and implements an annual marketing plan to maximize occupancy.
• Updates market information and rental comparison survey at least quarterly.
• Recommends appropriate adjustments to rent levels and/or rental concessions in response to occupancy levels and changes in the marketplace.
• Develops and implements resident retention strategies, including an aggressive lease renewal program.
• Ensures that resident satisfaction is a continual focus.
• Approves all rental applications.
• Ensures that residents are in compliance with all provisions of their leases.
• Inspects vacant apartments for market readiness and ensures that an ample inventory of market ready units is available at all times.
Asset Preservation
• Conducts regular exterior and interior inspections
• Supervises the property maintenance functions including scheduling, purchasing, service response, and turnover procedures.
• Establishes and monitors a system for following up with residents on completed
service requests.
• Supervises the completion of budgeted, scheduled capital improvement projects.
• Ensures move-in and move-out inspections are completed.
• Monitors the completion of periodic preventive maintenance procedures.
• Reports potential liability issues and acts to minimize any risk management exposure.
Personnel Management
• Recruits, hires, trains, coaches, develops and disciplines on-site staff.
• Administers the compensation program at the property in adherence with the approved budget.
• Completes performance appraisals for all staff semi-annually and ensures that all site employees are reviewed two times each year.
• Ensures staff compliance with all company policies and local, state and federal laws and regulations.
• Establishes periodic performance goals and objectives for each staff person and
monitors their attainment.
• Administers established incentive compensation programs for all site positions and ensures the incentive payments are processed correctly and on time.
• Conducts regular staff meetings with to address property performance, policy issues, and other property and Buckingham business.
Administrative Tasks
• Ensures that reports are completed accurately and on time.
• Ensures that record-keeping functions are handled properly.
• Supervises computer data entry of all property information.
• Processes incident reports for injuries or property losses immediately.
• Supervises the eviction and bad debt collection process.
• Ensures compliances with all applicable laws and regulations.
Other duties as assigned by the Regional Property Manager.
Dress Code: Professional
Contacts and Liaisons: The Leasing Consultant will regularly communicate with all necessary Company employees, outside vendors and other individuals as deemed necessary to fulfill the responsibilities of the position
About Otto Investment Group LLC:
We are a Real Estate Investment Group- our product is asset and property management for multi-familiy communities throughout the Tampa Bay Area
