What are the responsibilities and job description for the Property Manager position at Lunar Asset Management?
The Property Manager ensures that all phases of the property operate smoothly and efficiently by planning and implementing procedures according to Company standards on a daily basis to meet financial objectives. This involves managing financial matters, marketing and filling vacancies, handling tenant relations, enforcing leases and overseeing maintenance.
Major Duties
1. Oversees the daily operation of the property and monitors the work completed by the property staff.
2. Monitors and processes rent collections.
3. Implements follow through with delinquent account procedures, including evictions and bad debt write offs.
4. Monitors, updates and maintains an accurate waitlist for apartments in accordance with governing regulations.
5. Oversees and assists with the processing of applications including all required verifications.
6. Prepares annual budget for Regional Director’s review.
7. Monitors expenditures to keep in compliance with established budget.
8. Prepares monthly financial and variance reports.
9. Maintains petty cash account and performs monthly reconciliation.
10. Assists Regional Director with capital planning for the property.
11. Completes weekly, monthly, quarterly and year-end reports, as required.
12. Issues purchase orders as required for review and approval of Regional Director.
13. Approves accounts payable vouchers for payment weekly.
14. Coordinates and monitors apartment make-ready procedures.
15. Maintains professional and positive relationships with agencies, owners/boards and public officials.
16. Attends owner/board meetings, as required.
17. Markets and leases property according to Company policies and applicable state and federal laws.
18. Develops marketing program, monitors trends in the market and determines frequency and advertising needs, prepares advertising copies for newspapers and other media and maintains advertising log. ___ 19. Resolves resident problems, conflicts, and lease violations and documents these activities.
20. Consults with legal counsel and attends court hearings as needed.
21. Walks the property daily to ensure it is maintained in a clean, safe and attractive manner at all times. 22. Conducts periodic and consistent inspections of the property.
23. Prepares the property for any audits or inspections.
24. Reports major emergencies or incidents to the Regional Director and corporate office and completes and submits Incident Reports as needed.
25. On-call 24/7 in the event of a major emergency (fire, flood, violent crime, etc.) that cannot be managed by the employee on-call. Responds to the property within 30 minutes in the case of such an emergency. 26. Maintains current industry certifications, as required.
27. Stays current on industry trends and changes in regulatory regulations.
28. Monitors staff compliance with Fair Housing, OSHA, MSDS, employee safety policy and other applicable codes and regulations.
29. Reviews, adjusts and approves payrolls for all employees.
30. Coordinates and provides regular training and professional development for the team and assesses performance regularly.