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Assistant Property Manager (Residential)
CIM GROUP Austin, TX
$66k-88k (estimate)
Full Time 8 Months Ago
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CIM GROUP is Hiring an Assistant Property Manager (Residential) Near Austin, TX

CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION PURPOSE:

The Residential Assistant Property Manager with direction from the Property Manager is accountable for lease administration and budget & expense management for both residential properties and mixed use commercial properties with ground floor retail and or condo units. This position is primarily focused on the back office operations of a management office with an emphasis on lease administration, rent collection, payables administration, and insurance certificates.

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ESSENTIAL FUNCTIONS:

  • Work closely with the Property Manager to assign tasks on a monthly basis to ensure timely completion of supporting tasks such as unit turnovers, marketing plans that support leasing activities, preventive maintenance tasks, etc. are completed to avoid disruptions or additional costs.
  • Ensure leases and other required data is input into Yardi by the administrative team in a timely and accurate manner.
  • Track submission of operating expense payables into NEXUS to ensure timely payment thereof within 30 days of an approved invoice being submitted.
  • Work closely with Accounting to ensure timely posting of rents, security deposits and rent payments.
  • Track receipt of rent payments to ensure posting of late fees as stated by the residential or if appropriate, retail leases.
  • Monitor the check scanning device to ensure accountability of all rent payments made at the property.
  • Access Yardi to set up resident billings, revenue accounts, security deposit and lease term within 48 hours of a lease being fully executed.
  • Verify property rent rolls to ensure (a) accurate occupancy and (b) rental rates.
  • Ensure timely notice is given to all delinquent tenants or residents using CIM’s pay or quit notices, and as appropriate, submit lease documents to legal for the eviction of the resident or tenant.
  • Maintain first class professional management office for our visitors to see at all times.
  • Ensure files are maintained and up to date for (i) residential leases, (ii) vendor files, (iii) building files and (iv) general operating files.
NON-ESSENTIAL FUNCTIONS:
  • Must be able to work on weekends as reasonable requested.
  • Team player who is committed to getting the job done might have to work on weekends (as required).
  • Must be detailed oriented, proven ability to multi-task and well organized.
SUPERVISORY RESPONSIBILITIES
  • Oversight of leasing associate and property coordinator.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • Bachelor’s Degree required.
  • At least two years prior experience working in a residential property management.
  • Must possess a valid state-issued driver’s license.
  • MS Office including Excel, Word, PowerPoint, Outlook
  • Familiar with Nexus Payables or similar software application.
  • Familiar with Yardi or similar software application.
KNOWLEDGE, SKILLS AND ABILITIES:
  • Read and interpret documents such as office equipment maintenance and instruction manuals, company policies and procedures documents.
  • Ability to write correspondence and/or reports accurately in a concise and detail manner.
  • Ability to effectively present information to tenants, vendors, contractors and other employees of the organization.
  • Ability to read, analyze and interpret lease agreements, financial reports and/or legal documents.
  • Ability to respond to common inquiries or complaints from tenants, regulatory agencies, other areas of the company, and/or members of the business community.
  • Ability to apply common-sense understanding to carry out instructions.
  • Ability to solve practical problems.
  • Ability to define problems, collect data, establish facts and draw valid conclusions.
  • Ability to compute rate, ratio and percent and to draw and interpret bar graphs.
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume.
  • Can calculate monthly and year to date financial variances. 
PERFORMANCE METRICS:
  • All delinquent rent tenants or residents are billed late fees and given appropriate pay or quit notification by the 10th of each month.
  • Provide accurate financial variances for owner reports.
  • Maintain delinquency at less than one month rent balance.
  • Ensure accounting deadlines are met for Yardi lease input, move outs, reserve and write off of bad debt.
  • Property maintenance meets CIM’s stated requirements.
  • Maintain operating costs at or below budgeted amounts on a year-to-date basis.
  • Accuracy and timeliness of the completion of owner reports and other required corporate reporting related to the property.
  • Feedback from tenant questionnaires and corporate surveys.
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What CIM offers

CIM offers an enriched benefits program as well as a wide range of resources for eligible employees to thrive both inside and outside of work. Some of our benefits include:

Medical, dental, and vision

Company-subsidized Health Savings Account

Company paid life & disability

Pre-tax savings accounts

401(k) match

Competitive vacation policy

Additional voluntary benefits

Paid time off for community service

Paid Parental Leave: Up to 12 weeks

HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:

CIM Group is committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability*, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We respect the laws enforced by the EEOC and are dedicated to going above and beyond in fostering diversity across our workplace. 

*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.

 #LI-KO1

CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.

Job Summary

JOB TYPE

Full Time

SALARY

$66k-88k (estimate)

POST DATE

09/26/2022

EXPIRATION DATE

06/25/2024

WEBSITE

cimgroup.com

HEADQUARTERS

LOS ANGELES, CA

SIZE

500 - 1,000

FOUNDED

2014

CEO

ABRAHAM SHENESH

REVENUE

$200M - $500M

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About CIM GROUP

CIM Commercial Trust Corporation, together with its subsidiaries, primarily invests in, owns, and operates Class A and office investments in urban communities throughout the United States. These communities are located in areas that include traditional downtown areas and suburban main streets. The Company's segments are office, hotel, multifamily and lending. The products for its office segment primarily include rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The products for its multifamily segment include rental of apartme...nts and other tenant services. The products for its hotel segment include revenues generated from the operations of hotel properties and rental income generated from a garage located directly across the street from one of the hotels. The Company is managed by affiliates of CIM Group, L.P. (CIM), a vertically integrated, full-service investment manager. More
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The following is the career advancement route for Assistant Property Manager (Residential) positions, which can be used as a reference in future career path planning. As an Assistant Property Manager (Residential), it can be promoted into senior positions as a Commercial Property Manager I that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Assistant Property Manager (Residential). You can explore the career advancement for an Assistant Property Manager (Residential) below and select your interested title to get hiring information.

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If you are interested in becoming an Assistant Property Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Assistant Property Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Assistant Property Manager job description and responsibilities

Assistant property manager will undergo a period of practical training upon hiring to become more familiar with the particulars of the residential property they’re a part of.

12/09/2021: Portland, ME

The assistant property manager will oversee the progress of the maintenance team and discuss the terms of leases with future residents.

12/31/2021: Pierre, SD

The assistant property manager will report to the property manager and perform administrative and organizational duties such as liaising with residents, collecting rent, doing basic bookkeeping, organizing property viewings and overseeing facility mainten

02/28/2022: Queens Village, NY

To assist the Property Manager with establishment of the Property Management plan, preventative maintenance policies and procedures and property operation manual.

02/15/2022: San Francisco, CA

Assistant Property Manager are tasked with addressing tenant concerns, collecting rent, dealing with maintenance, and managing the budget.Property managers need to have a Bachelor's degree.

01/28/2022: Great Falls, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Assistant Property Manager jobs

A candidate applying for the post of Assistant Property Manager must be able to manage a portfolio of properties.

12/14/2021: Saint Cloud, MN

Assistant property managers may only be required to have a high school diploma or the equivalent combined with some work experience.

12/19/2021: Schenectady, NY

The successful assistant  property manager will assist with the full range of property management duties whilst developing the knowledge to become a fully-fledged block manager themselves over time.

12/15/2021: Cincinnati, OH

A candidate applying for the post of Assistant Property Manager must be able to manage a portfolio of properties.

01/02/2022: Sacramento, CA

A strong background working with computers can help the assistant property manager adapt to these software suites more easily.

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Step 3: View the best colleges and universities for Assistant Property Manager.

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