The Property Manager (PM) is responsible for monitoring the accuracy of all records related to the Portfolio, tracking tenant work, timely review & approval of quarterly CAM and semi-annual tax billings and annual CAM reconciliations; preparations of annual operating budgets, responsible for comprehending, monitoring and reporting property and tenant legal issues, preparation of monthly and quarterly owner/partner financial reports. Support all Team Members and tenants with questions and concerns. Coordinate special projects.
Responsibilities will include but not limited to the following:
Collect and track rent and other charges and report tenant defaults as well as all legal issues as needed
Understand, calculate, prepare, bill and collect CAM Reconciliations and Property Taxes
Explain financial impacts and variances of a property to partners or ownership
Review, code and negotiate invoices and payments
Prepare Monthly reports and annual budgets
Coordinate all maintenance and repair activities
Oversee all vendors and contractors
Conduct and document paper inspections
Develop scope, bid and award contracts
Interface/communicate with Tenants, Leasing Agents and City Officials on a regular basis
Accurate administration and compliance of leases, governmental laws and operating documents
Works with new tenants to ensure timely opening and coordinate approval of plans, signs and other tenant improvements
Trains APM and temporary staff, as needed
Performs quarterly property inspections, including night inspections of lighting level and tenant signage
Bachelor’s Degree and 4 years’ experience in Shopping Centers or Retail Property
Thorough understanding of retail accounting principles and reading and understanding of financial statements
Organizational, analytical and problem solving skills, along with excellent attention to detail
Proficiency with Microsoft Office: Must be able to create reports, analysis and budgets
Experience in accounting software Yardi or MRI
Strong written, verbal and presentation skills
Ability to read, analyze and interpret general business periodicals, technical procedures or governmental regulations
Ability to calculate figures, such as discounts, interest, commissions, percentages as well as other basic algebra and geometry
Must be able to prioritize work to meet deadlines and strategic goals
Organized and detail oriented with ability to support multiple projects and prioritize competing demands
Able to work independently with a minimum of supervision. And to exercise discretion in confidential matters
Excellent communication and interpersonal skills.
Send resumes and cover letter to our Human Resources Department at firstname.lastname@example.org. Clearly indicate which position you are interested in pursuing as multiple positions at Primestor are currently being filled.
Invitation to join a growing and dynamic Developer/Operator team based in Los Angeles, California -- one of Southern California’s leading retail and mixed-use developers focusing on the underserved urban real estate market. We are a vertically integrated real estate company with in-house leasing, accounting, and property management. Our mission is to acquire, develop, lease and manage to a consistent standard of excellence. We enhance properties that have a direct and positive impact on the communities we serve. Our path to success is designed to foster an ethical, challenging and rewarding work environment. Our goal is to achieve superior financial returns for our clients, partners, and investors while exceeding the expectations of our tenants.