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Portfolio Manager for Growing Company- APPLY TODAY!

Property Management Associates, Inc Culver City ,CA
  • Posted: over a month ago
  • $80,000 to $90,000 Yearly
  • Full-Time
  • Benefits: 401k, dental, life_insurance, medical, vision
Job Description

 

We’re Growing!

Property Management Associates is growing and we need new team members.

We are currently looking for eager, hardworking applicants to join our rapidly growing team (see job openings below)!

Check out our rating on Glassdoor!

 

Portfolio Manager- Culver City, CA – 3 Positions Available

Compensation: $80k-$90k

Benefits including: Benefits including: 401k, Medical, Dental, Vision, Vacation, and Sick Time

 

Preferred Experience includes: managing, directing, and implementing operational strategies and objectives for a portfolio of Market Rate and Rent Controlled properties to ensure the achievement of property and organizational goals; developing and controlling a budget, assuring that operations are fiscally sound; assisting with the development and implementation of organizational policies and procedures related to property management; ensuring that the physical assets assigned are maintained according to the organization’s standards; maintaining an acceptable occupancy level established by the organization; maintaining clean buildings and grounds; recruiting, training, developing and supervising the on‐site Property Manager; interacting with vendors; the community, at‐large; and the residents; assisting senior management and other managers with special projects and other related work.

Essential Functions:

Financial

Prepare annual operating and capital budgets, review financial statements/reports, and prepare monthly variance reports

Responsible for the accurate and timely establishment of rent levels as approved by senior management, the timely collection and deposit of all rental and other payments due from residents, and the taking of corrective and/or legal action as required to obtain collections

Responsible for ensuring implementation of annual rent increases

Maintenance

Responsible for the implementation and reporting of all maintenance policies, plans, and procedures, including, but not limited to, work order systems, purchase order systems, preventive maintenance systems, inventory control, and the turnover process.

Work with maintenance staff to resolve maintenance issues.

Create short and long range plans for correction of deficiencies and for normal maintenance of the properties

Conduct routine meetings (at least monthly) with the maintenance staff

Marketing

Responsible for maintaining budgeted occupancy goals

Responsible for the accurate and timely submission of marketing reports, and for maintaining current comparable studies

Make recommendations to improve marketing and leasing programs

Demonstrate a comprehensive understanding of the competition, general market area, and product knowledge

Supervise and participate in the Leasing and Renewal Programs.

Conduct monthly meetings with the site level administrative staff.

Inspect properties in portfolio to ensure the highest standards are maintained; evaluate effectiveness and efficiency of maintenance, grounds, and housekeeping operations. Conduct periodical inspection of vacant apartments for market‐ready condition

Personnel

Participate in the hiring, promotion, termination and transfer of site personnel, including the timely submission of all required paperwork.

Ensure appropriate staff development and/or training is provided, (including his/her own) and that all staff is aware and correctly implements the fair housing/ employment laws, safety rules and regulations, and other company and governmental policies and procedures

Hire, train, supervise, develop, and terminate the employment of those supervised in accordance with company policies and directives; perform timely performance evaluations on employees

Assist Property Managers with site‐level employees. Approve all new hires, status changes, and terminations for on‐site personnel in coordination with Human Resources and senior management

Other

Perform special assignments as needed or as requested by the COO, CFO or CEO.

Execute such other responsibilities as determined by the senior management the dates the tax bills will be issued, and the accuracy of the tax bill amounts

Effectively and professionally interact and communicate with your manager, other employees, Owners, vendors, residents, senior staff, and clients

Respond promptly when requested for information from COO, CFO, CEO, and/or financial agencies which might include but not limited to, research, preparation, compilation, and submission of reports in an accurate and timely manner

Assist in the development, implementation and maintenance of internal controls/procedures that provide operation, fiscal control, cost savings, projections, planning, forecasting and effective utilization of assets and properties

Job Requirements:

Education – B.A/B.S. Undergraduate degree preferred

Years of Experience – 5 years of prior supervisory experience is required; Must have at least 3-5 years of work experience in the area of Property Management and Rent Control

Computer Skills – Proficient in Excel, MS Office and Yardi Voyager.

Physical Requirements – Job requires oversight of multiple properties. Candidate must be willing to travel locally

Valid driver's license and reliable transportation

Experience in property budget preparation is required

Demonstrated experience in problem identification, analysis, recommendation of options and development of logical and workable solutions

Company Description
Property Management Associates (PMA) is a full service Property Management Company located in Los Angeles, California. PMA has been in business for over 25 years. We specialize in commercial and multifamily property management. This, combined with our professional property management services, makes PMA one of the largest property management companies in Southern California.

Property Management Associates, Inc

Why Work Here?

Property Management Associates is a leading management company in Greater Southern California

Property Management Associates (PMA) is a full service Property Management Company located in Los Angeles, California. PMA has been in business for over 25 years. We specialize in commercial and multifamily property management. This, combined with our professional property management services, makes PMA one of the largest property management companies in Southern California.

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