Real Estate Portfolio Manager

2 days ago

Rajkot, Gujarat, India beBeeAsset Full time ₹ 72,00,000 - ₹ 96,00,000
Job Title

A real estate asset manager is responsible for overseeing and managing the day-to-day operations of a commercial property portfolio.

  • This includes coordinating maintenance activities, capital expenditures, and improvement projects to enhance property value and tenant experience.
  • The asset manager must also manage third-party vendor payments and on-time mortgage payments.
Key Responsibilities:
  • Commercial and Residential Asset Management: (50% of time spent)
  • • Oversee and manage the day-to-day operations of the real estate portfolio
  • • Coordinate and monitor property maintenance activities, capital expenditures, and improvement projects
  • • Manage third party vendor payments and on-time mortgage payments
  • • Maintain and manage insurance coverage and manage insurance claims
Requirements:
  • Tenant Lease Maintenance and Billing (10% of time spent)
  • • Enter lease agreement information & rent schedules in software.
  • • 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.
Cash Flow Reporting and Analysis (25% of time spent)
  • 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 (10% of time spent)
  • 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.
Education and Qualifications:
  • A minimum of 3 years professional experience in property management 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 software and Microsoft Office Suite required.

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