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Commercial Portfolio Manager
LPC Commercial Washington, DC
$94k-128k (estimate)
Other 9 Months Ago
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LPC Commercial is Hiring a Commercial Portfolio Manager Near Washington, DC

Overview

Join Lincoln Property Company’s growing team of top-notch Property Management professionals whose primary responsibility is the daily financial and operational management of commercial real estate assets.

Lincoln Property Company is a national real estate firm offering a comprehensive suite of value-added services for our clients. With our substantial local presence and history in the DC metropolitan area, we are ideally situated to provide a superior service, which comes from knowing the goals and challenges faced by our clientele: tenants, investors, lenders and owners of commercial real estate. Our people and our philosophy are the key ingredients for Lincoln's solid track record of success.

Responsibilities

Financial Management

  • Oversight of financials including establish and administer estimated/actual pass-through expenses to include estimates, reconciliations and frequent reforecasting.
  • Oversight of collections and default proceedings.
  • Establish and ensure preparation of financial reports for managed properties as specified in respective management agreement; prepare annual operating budget for property and assist in preparation of capital budget. Responsible for reforecast, cash flow/distribution or other analysis as dictated by management agreement or ownership.
  • Coordinate real estate tax review process for property. Responsible for submittal of required forms and payment of all jurisdictional taxes by required deadlines.
  • ·Perform all lease administration duties including preparing vacant space for lease, verifying lease data and keep abreast of leasing activity.
  • Establish A/R and A/P guidelines, track performance and monitor recovery process

Personnel and Business Management

  • Assist in the pursuit of new business and/or growth of an existing.
  • Participate in appropriate professional and community organizations.
  • Perform various personnel functions including staffing and employee development, training and evaluation.
  • Maintain personal contact with tenants and owner representatives to ensure solid, reliable relationships.
  • Maintain excellent internal relationships such as property managers, operations managers, property administrators, accountants, security, engineering staff.
  • Maintain excellent external relationships such as tenants, vendors, owners, leasing agents, brokers.
  • Exhibit leadership and promote staff development by setting examples as an effective role model
  • Promote and encourage professional development of all staff.
  • Show mentorship to direct reports and accountability for development of internal staff

Maintenance Management

  • Responsible for ensuring routine thorough on-site property inspections to prevent/identify problems and coordinate with engineering team.
  • Ensure adherence to Lincoln policies and procedures.
  • Oversight of construction efforts encompassing tenant build outs and building improvements.
  • Oversight of service contract requirements, prepare specs, bid, negotiate and manage vendor contracts as directed. Adhere to Lincoln preferred vendor programs.
  • Accountable for ensuring safety guidelines

Risk Management/Legal

  • Responsibility for adherence to insurance requirements for property (tenants) and associated vendors/suppliers

General

  • Excellent and professional communication, customer service/responsiveness, dependability, teamwork, decision-making, problem-solving, initiative and independent action, manage change and improvement, professional impression
  • Consistent, purposeful and meaningful internal communication with supervisors and staff in conjunction with the smooth operations of all facets of the business
  • Responsible for development of business
  • Accountable for service to clients in all areas of the business
  • Strategic and innovative development and improvement of processes

Qualifications

  • Minimum of five years experience in property management. Strong knowledge of commercial real estate preferred including a broad understanding of accounting, building maintenance, finance, leasing, legal, marketing, construction, and tenant relations.
  • Ability to analyze and synopsize a monthly financial statement and prepare detailed budgets and operating forecasts. Ability to note deviations from financial plan, determine causes and to provide recommendations to the owner on needed action plans.
  • Strong written and verbal communications skills. Ability to understand and carry out industry specific concepts
  • Ability to work independently as a project leader and as a team member. Ability to relate well with others even while working at a distance without the benefit of personal contact. Ability to work in an organized, efficient manner with a high level of accuracy, attention to detail, and follow-through.
  • Previous supervisory experience is required

Job Summary

JOB TYPE

Other

SALARY

$94k-128k (estimate)

POST DATE

07/02/2022

EXPIRATION DATE

12/29/2022

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The job skills required for Commercial Portfolio Manager include Analysis, Leadership, Financial Statements, Initiative, Accounting, Customer Service, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Portfolio Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Portfolio Manager. Select any job title you are interested in and start to search job requirements.

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