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Assistant Property Manager

$75k

Acadia Realty Trust

Assistant Property Manager, City PointAcadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – core and investment management – platforms. Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston. At the same time, we manage opportunistic and value-add investments through our investment management platform.Acadia is seeking a full-time Assistant Property Manager, City Point to provide administrative, financial, and operational support for the Company's satellite office based in downtown Brooklyn.This is a full-time onsite position based in Brooklyn, New York.Key Responsibilities Include:Manage day-to-day administrative functions with a strong focus on financial accuracy and budget compliance.Own accounts payable processes, including rigorous auditing of invoices to ensure accuracy, proper coding, and alignment with approved budgets.Lead or co-lead competitive bidding of contracted services, including cost analysis and vendor evaluationPrepare company service agreements and monitor contracted services to ensure spend remains within budgeted parameters.Facilitate day-to-day tenant relations, supporting operational needs and inquiries on all sidesDevelop, implement, monitor, and enforce property rules and regulationsOwn accounts receivable for 3rd party billings and actively support the corporate accounts receivable department to minimize outstanding balances.Assist with quarterly and annual budget accruals, ensuring accurate financial reporting and forecasting.Assist with the preparation and compilation of the annual property budget.Support CAM reconciliation process.Process tenant billings accurately and on schedule.Manage supply procurement within approved budget parametersEstablish, implement, and oversee vendor check-in/check-out proceduresSupervision and coordination of on-site contractorsMonitor vendor performance against contract terms and escalate deficiencies.Ensure property compliance with local regulations, local laws, and inspectionsProvide backup support as needed for absent management team members.Other administrative, clerical, or operational duties as assigned by management.Qualifications:Bachelor's degree in Finance, Accounting, Business Administration, or a related field required4+ years' experience in property management, financial administration, or a related field with demonstrated budget management responsibilitiesSolid understanding of accounting principles, including accounts payable/receivable, accruals, and budget tracking — essential for success in this roleProven ability to manage and monitor budgets, analyze financial data, and identify cost variancesAbility to manage multiple priorities, administrative coordination, and logisticsOutstanding written and verbal communication skillsAdvanced proficiency in MS Office Suite, particularly Excel for financial tracking and reportingMust demonstrate strong attention to detail with excellent organizational and follow-up skillsAbility to thrive in a fast-paced environmentAbility to work a flexible schedule to accommodate business needs, including holidaysExperience with MRI and/or Nexus strongly preferred given the financial reporting requirements of this roleThe base salary compensation range for this role reflects the wide range of factors that are considered in making compensation decisions, including but not limited to, skill sets; experience and training; licensure and certifications; and other business and organizational needs. Compensation decisions are dependent on the facts and circumstances of each individual. A reasonable estimate of the current base salary range for this position is $75,000 to $85,000.Employees may also be eligible to participate in an annual discretionary bonus program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.Acadia Realty is an Equal Opportunity Employer - Veteran/Disability

Vacancy posted 5 days ago
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