Property Manager
Founders 3 Real Estate Services
Property Manager
At Founders 3, we provide world class Real Estate Management service by caring for our clients' assets as if they were our own. Our wide range of expertise ranges from pre-development consultation to full-service property management, accounting and maintenance services. Our depth of experience and stellar track record let our clients make confident investment decisions, knowing that their property investments are in excellent hands.
If you are looking for a growing company that invests in its employees and a position with advancement opportunities then Founders 3 is the place for you!
We are seeking a Property Manager to lead a lease up in the Madison market. This is a great opportunity to join an experienced team and manage a new property.
The Property Manager (PM) is responsible for providing direct management oversight for the assigned properties. The Property Manager is responsible for maximizing NOI and asset value on behalf of Founders 3's clients. Specific responsibilities include property management, operations, maintenance, client and resident relations, supporting the leasing team, marketing, accounts payable, collections, annual budgeting, risk management and financial reporting.
Key Responsibilities
- Monthly / Quarterly financial and management reporting as required by client.
- To provide oversight of contractors and maintenance personnel at properties to ensure they are being maintained properly and as required.
- To build relationships in order to retain current business, expand opportunities with existing clients and leverage that in pursuit of additional clients and business opportunities.
- Understanding the leasing process and effectively supporting the leasing team.
- Guide and direct property staff members in a respectful way. Hold daily priority staff meetings to keep staff and property on track.
- Ensure the assigned properties are managed consistent with Founders 3's Core Practices and Standards of Excellence
- Need to be financially astute and have a thorough understanding of accounting principles including cash & accrual basis accounting methods and reading and understanding financials.
- To project and achieve budgeted financial goals as outlined in the approved annual operating budget while adding value to the property(s) with prudent management and business decisions.
- Implement the approved business plans and achieve the budgeted financial goals as outlined in the approved annual operating budget while adding value to the property(s) with prudent management and business decisions
- Build relationships with residents in order to retain current business, expand opportunities with existing clients and leverage that in pursuit of additional clients and business opportunities
- Drive marketing efforts of the property.
- Ensure the Assistant Property Manager's responsibilities are being completed as required.
- Maintain the reporting system for logging and tracks property operational issues such as roof leaks.
- Post deferred revenue and reconcile it monthly
Requirements
Technical Skills
Education and/or Experience: Bachelor's Degree and/or industry certification preferred. Minimum of 5 years property management experience assisting in the management of residential real estate.
Reasoning Ability: Ability to apply common sense understanding and carry out detailed written or oral instructions. Ability to define problems and collect data, establish facts, and draw valid conclusions. Ability to interpret a variety of technical information involving a few concrete variables. Need to be financially astute and have a thorough understanding of accounting principles including cash & accrual basis accounting methods and reading and understanding financials.
Certificates, Licenses, and/or Registrations: A valid driver's license and insurance.
Computer Applications Skills: Ability to work in a Windows environment and with standard current computer applications. Yardi PM software preferred.
Values & Competencies
Support Founders 3's commitment to its Promise, Vision and Values.
We are intently focused on creating value for our clients and are dedicated to continually improving our company and ourselves by practicing C.A.R.E. in everything we do.
Commitment to our clients, company & community
Accountability for our actions & results
Respect for ourselves & others
Excellence in all we do
The above statements reflect the general framework of the position and are not to be construed as a detailed statement of all the requirements that may be inherent in the position. Details may be added or subtracted from time to time. As needed, the manager will review this position description with the employee and determine appropriate modifications.
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