Real Estate Asset Manager Opportunity

1 week ago

Jamnagar, Gujarat, India beBeeAsset Full time ₹ 7,20,000 - ₹ 9,60,000

Commercial Real Estate Portfolio Manager Position

We are seeking an experienced Commercial Real Estate Portfolio Manager to join our team.

Job Summary:

This is an exciting opportunity for a seasoned real estate professional with extensive asset management expertise to make a significant impact on the performance and success of our commercial real estate portfolio.

Key Responsibilities:

  • Portfolio Management (50%): 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.
  • Tenant Lease Maintenance and Billing (10%): Enter lease agreement information & rent schedules in Yardi. Communicate with management and tenants regarding billing and lease language. Assist with tenant aged receivables audits and collection efforts.
  • Cash Flow Reporting and Analysis (25%): Collect and populate data into a cash flow spreadsheet. Review GL for income and expense entries that require reclassification. Assist with preparation of lender and investor reporting.
  • Lease Administration and Tenant Relations (10%): Collaborate with leasing teams to ensure lease compliance, accurate documentation, and timely renewal negotiations. Identify potential risks and opportunities related to lease terms and conditions.
  • Tenant Year-End Reconciliations (10%): Set-up reconciliation data and calculation format in Yardi. Prepare tenant year-end reconciliation calculations, either manually or in Yardi.
  • Annual Budget (5%): 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.

Requirements:

  • A minimum of 3 years professional experience in property management in Yardi 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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