Property operations Executive

About the Role: Yokam Asset Management operates furnished shared apartments in Frankfurt on a master-lease model. We secure head leases from landlords, furnish the apartments, and sub-let individual rooms to students and working professionals on fixed-term agreements with all-inclusive rent covering utilities, Wi‑Fi, and regular cleaning services. We are looking for a Property Operations Executive to own and manage the end-to-end operating cycle of our Frankfurt portfolio remotely in india. Key Responsibilities: Portfolio Expansion & Sourcing: Scout flats near universities, business districts, and transport hubs, ensuring written landlord consent for room sub‑letting. Financial Modeling: Build property‑level feasibility models (head rent vs. total room income) targeting a minimum gross margin of 30% to 40%. Property Setup & Fit‑Out: Oversee furnishing and fit‑outs for new properties according to standard room/kitchen specifications while staying within budget. Occupancy & Listing Management: Manage room listings 60 days prior to tenancy end dates to minimize vacancy gaps. Tenant Onboarding & Vetting: Screen applicants (ID, proof of income/enrolment, credit checks, guarantors) and process security deposits. Lease & Documentation Compliance: Issue sub‑leases, landlord confirmations, and city registration paperwork while keeping document trackers updated per room. Facilities & Maintenance Operations: Manage cleaning schedules, safety protocols, and property maintenance tickets while recording repair cost recoveries. Community & Rule Enforcement: Enforce house rules regarding hygiene, heating, ventilation, waste separation, and quiet hours. Financial Tracking & Utility Control: Maintain monthly cashflow trackers per property, track net margins, and audit utility bills against baselines. Move‑Outs & Settlements: Conduct move‑out walkthroughs against signed inventory protocols and prepare itemised deposit settlements. Requirements: Experience: 3-6 years in property operations, facility management, co‑living, student accommodation, or hospitality operations. Financial Accountability: Proven experience managing a cost line, occupancy target, or property P&L. Tools & Systems: Advanced proficiency in MS Excel or Google Sheets for cashflow tracking, occupancy logs, and ticket management. Vendor Operations: Hands‑on experience coordinating with vendors, contractors, and service providers on SLAs and rates. Compliance & Detail: High documentation discipline ensuring signed agreements and verifications are complete prior to check‑in. Good to Have: Prior experience in co‑living, PG, or student housing operations. Familiarity with German tenancy practices (sub‑letting consent, deposit holdbacks, Anmeldung support). #J-18808-Ljbffr Shri Bkr Exports