Portfolio Manager

4 days ago

Nellore, Andhra Pradesh, India beBeeAsset Full time ₹ 7,20,000 - ₹ 9,60,000

Job Summary:

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Maximizing investor returns in commercial real estate requires a skilled and detail-oriented asset manager. The ideal candidate will oversee and manage the day-to-day operations of a residential and commercial real estate portfolio, ensuring excellent tenant relations, efficient property maintenance, and timely mortgage payments.

The primary responsibilities include coordinating capital expenditures and improvement projects to enhance property value, managing third-party vendor payments, and maintaining insurance coverage. Strong attention to detail, excellent follow-up skills, and exceptional interpersonal skills are essential for success in this role.

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  • Commercial and Residential Asset Management:
  • Oversee and manage the day-to-day operations of the real estate portfolio
  • Coordinate and monitor property maintenance activities
  • Manage third-party vendor payments and on-time mortgage payments
  • Maintain and manage insurance coverage and manage insurance claims
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  • Tenant Lease Maintenance and Billing:
  • Enter lease agreement information & rent schedules into Yardi
  • Communicate with management and tenants regarding billing and lease language
  • Enter deposits and apply payments to tenant accounts, as needed
  • Assist with tenant-aged receivables audits and collection efforts
  • Calculate tenant Overage % Rents and % in Lieu Rents and post charges to tenant accounts in Yardi
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  • 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
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  • 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
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  • 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
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  • 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
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  • Administrative Support to Executives:
  • General administrative duties that support company executives

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