Senior CRE Portfolio Manager

2 days ago

Allahabad, Uttar Pradesh, India beBeeCommercial Full time US$ 72,000 - US$ 96,000

Our Team:

A commercial real estate investment group is a leading player in acquiring, adding value, managing and selling CRE properties with the goal of maximizing investor returns.

Job Summary:

We are seeking an experienced Commercial Real Estate Asset Manager to make a significant impact on the performance and success of our residential and commercial real estate portfolio.

The ideal candidate will have a strong attention to detail and accuracy, excellent follow-up skills, and advanced knowledge of general and cost accounting and financial statements.

  • Oversee and manage the day-to-day operations of the real estate portfolio, including office buildings, retail centers, industrial properties, and other commercial assets
  • Coordinate and monitor property maintenance activities, capital expenditures, and improvement projects to enhance property value and tenant experience
  • Manage third party vendor payments and on-time mortgage payments
  • Maintain and manage insurance coverage and manage insurance claims

Cash Flow Reporting and Analysis:

  • Collect and populate data into a cash flow spreadsheet
  • Review GL for income and expense entries that require reclassification
  • Review and analyze leasing projection and activity
  • Assist with preparation of lender and investor reporting

Lease Administration and Tenant Relations:

  • Collaborate with leasing teams to ensure lease compliance, accurate documentation, and timely renewal negotiations
  • Establish and maintain positive relationships with tenants to enhance tenant satisfaction, address concerns, and ensure retention

Tenant Year-End Reconciliations:

  • Set-up reconciliation data and calculation format in Yardi
  • Prepare tenant year-end reconciliation calculations, either manually or in Yardi
  • Post tenant year-end reconciliations charges/credit to tenant accounts in Yardi
  • Respond to all tenant inquiries and audits related to year-end reconciliations, working with corporate

Annual Budget:

  • Gather budget year income projections from property management and leasing and enter Yardi Budget Module
  • Gather budget year expense projections from property management and corporate accounting and enter the Yardi Budget Module

Administrative Support to Executives:

  • General administrative duties that support company executives

Competencies:

  • Strong attention to detail and accuracy
  • Excellent follow-up skills – Billing related
  • Excellent interpersonal skills to interact and engage tenants
  • Advanced knowledge of general and cost accounting and financial statements
  • Creative and problem-solving mindset to resolve Tenant billing issues
  • Excellent communication and financial accounting skills
  • Professional and emotional maturity, honesty, integrity, and a strong work ethic
  • A strong sense of teamwork and self-motivation

Requirements:

  • A minimum of 3 years professional experience in property management in Yardi is required
  • Advanced experience reading and interpreting leases and related documents as well as financial information contained in accounting software, spreadsheets, financial statements, etc., required
  • Expert-level proficiency working with Yardi and Microsoft Office Suite (Excel) required

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