Property Coordinator

Job Description

Job Description

Our client, a well-known commercial real estate investment trust, is recruiting for a Property Coordinator to support their Class A office / life science property in Cambridge, MA. This is a fulltime onsite position Mon-Fri in Cambridge.

Must have a college degree. Must have one year of previous experience in either commercial or residential property management.

POSITION SUMMARY:

This role is responsible for all day-to-day, administrative, and accounting aspects necessary for the efficient operation and management of a portfolio of commercial office buildings including tenant/vendor relations, lease administration, accounts payable, accounts receivable, financial reporting and team support.

ESSENTIAL DUTIES AND RESPONSIBILITIES: The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons.

• Set up new files (i.e. lease, vendor, accounting)
• Code and/or approve invoices for payment; obtain/complete and process accounting forms as required (i.e. W-9 form)
• Maintain current Certificates of Insurance for all tenants and vendors; point of contact for outsourced insurance vendor; monitor insurance status regularly to ensure compliance
• Assist with validation and/or input of lease abstract information
• Keep up tenant contact information
• Management of day-to-day vendor performance; inspect buildings on an ongoing basis to ensure functionality
• Follow up and expedite collection of all accounts receivable (i.e. rent) as necessary; review charges with tenant when invoice is in dispute or needs clarification
• Review aged delinquency report and tenant’s lease for late charge calculations and apply late charges to accounts
• Review and send correspondence; rent increase letters, commencement letters, etc. in a timely manner
• Maintain rent roll and lease files in system; review for accuracy monthly
• Prepare and/or assist in preparation of monthly financial and variance reports
• Maintain a working knowledge of lease agreements and administration of related documents
• Prepare and/or assist in annual budget preparation and year-end reconciliations
• Assist in negotiating, preparation, and maintenance of standard service contracts
• Coordinate moves of tenants in and out of the building
• Coordinate special events (i.e. broker open house, etc.)
• Special projects as requested

SUPERVISORY RESPONSIBILITIES:

This position has no supervisory responsibilities.

QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ideal candidate will be flexible, adaptable, committed and team-oriented.
• Must have very good oral and written communications skills.
• Strong customer service skills required.
• Must have received or be willing to receive a COVID-19 vaccination by date of hire to be considered. Proof of vaccination required. Reasonable accommodation requests will be considered.

EDUCATION:

Undergraduate degree required.

COMPUTER SKILLS:

• Strong proficiency in Microsoft Word, Excel and Outlook.
• Competent in accounting systems.
• Ability to use other software programs as required

CERTIFICATES, LICENSES, REGISTRATIONS:

N/A

OTHER DESIRED SKILLS AND ABILITIES (preferred)

• Industry specific experience
• Experience with business and management principles and practices
• Knowledge of project management principles and practices

REASONING ABILITY

Must have the ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit for extended periods of time, some bending, lifting, stooping and stretching. It requires effective eye-hand coordination and manual dexterity sufficient to operate a keyboard, telephone and other office equipment. It also requires the ability to speak, hear, to use hands and fingers to feel and handle or operate controls. Specific vision abilities required by this job include close vision, distance vision, peripheral vision and the ability to adjust focus.

The employee is occasionally required to stand, walk and kneel.