Commercial Property Portfolio Manager

7 days ago

Bhavnagar, Gujarat, India beBeeRealEstateAssetManager Full time ₹ 7,20,000 - ₹ 8,00,000

About This Position

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This is an exciting opportunity to join our company as a Real Estate Asset Manager. In this role, you will oversee and manage the day-to-day operations of our real estate portfolio, including office buildings, retail centers, industrial properties, and other commercial assets.

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Key Responsibilities:

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  • Oversee and manage the day-to-day operations of the real estate portfolio.
  • 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.
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Tenant Lease Maintenance and Billing:

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  • Enter lease agreement information & rent schedules in 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.
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Cash Flow Reporting and Analysis:

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  • 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:

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  • 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.
  • Establish and maintain positive relationships with tenants to enhance tenant satisfaction, address concerns, and ensure retention.
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Annual Budget:

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  • Gather budget year income projections from property management 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:

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  • General administrative duties that support company executives.
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Requirements:

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  • 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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Preferred Qualifications:

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  • 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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