Commercial Real Estate Portfolio Specialist

5 days ago

Rajahmundry, Andhra Pradesh, India beBeeRealEstateAssetManager Full time ₹ 7,20,000 - ₹ 9,60,000
Commercial Real Estate Asset Manager Job Description

We are seeking a skilled Commercial Real Estate Asset Manager to oversee and manage the day-to-day operations of our real estate portfolio, including office buildings, retail centers, industrial properties, and other commercial assets.

  • Key Responsibilities:
    • Oversee and manage property maintenance activities, capital expenditures, and improvement projects to enhance property value and tenant experience.
    • Coordinate and monitor third party vendor payments and on-time mortgage payments.
    • Maintain and manage insurance coverage and manage insurance claims.
    • Manage Tenant Lease Maintenance and Billing, including lease agreement information & rent schedules in Yardi, communicating with management and tenants regarding billing and lease language, entering deposits and applying payments to tenant accounts, as needed, assisting with tenant aged receivables audits and collection efforts, calculating tenant Overage % Rents and % in Lieu Rents and post charges to tenant accounts in Yardi.
    • Cash Flow Reporting and Analysis, including collecting and populating data into a cash flow spreadsheet, reviewing GL for income and expense entries that require reclassification, reviewing and analyzing leasing projection and activity, assisting with preparation of lender and investor reporting.
    • Lease Administration and Tenant Relations, including collaborating with leasing teams to ensure lease compliance, accurate documentation, and timely renewal negotiations, identifying potential risks and opportunities related to lease terms and conditions, establishing and maintaining positive relationships with tenants to enhance tenant satisfaction, address concerns, and ensure retention.
    • Tenant Year-End Reconciliations, including setting-up reconciliation data and calculation format in Yardi, preparing tenant year-end reconciliation calculations, either manually or in Yardi, posting tenant year-end reconciliations charges/credit to tenant accounts in Yardi, responding to all tenant inquiries and audits related to year-end reconciliations, working with corporate.
    • Annual Budget, including gathering budget year income projections from property management and leasing and enter Yardi Budget Module, gathering budget year expense projections from property management and corporate accounting and enter the Yardi Budget Module.
    • Administrative Support to Executives, including general administrative duties that support company executives.
Requirements:
  • 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.

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