Portfolio Manager

Peak Living Property Services is looking to hire a Portfolio Manager to join our team!

If you are a seasoned Portfolio Manager with extensive experience in budgeting/forcasting and looking to take your next career step and work alongside energetic, driven individuals - please check out the details of our available position!

Summary: The Portfolio Manager is responsible for strategic management and problem-solving for the company’s portfolio of residential real estate properties. This role works as an integral part of the leadership team to ensure an exceptional level of quality and consistency from a people, operations, and financial perspective, and will be responsible as the direct report for community managers. The Portfolio Manager must implement policies, procedures, and practices that enable each property to meet and exceed budgeted financial goals while upholding a high-level due diligence to ownership.

Job duties:

• Drive performance and optimization of assigned portfolio through ownership and strategic management of the business plan for each property

• Conduct financial and operational reviews to ensure business plan execution, submitting monthly owner packets thoroughly and on time

• Lead routine calls with assigned ownership groups based on scheduled day and time

• Partner with Property Managers to demonstrate sound and proactive decision-making that is data-driven and thoughtful

• Lead a high-performance workplace that boosts morale, increases productivity and retention, provides career development opportunities, and delivers optimal results

• Use operational expertise to collaborate with internal partners to ensure excellence in people management, organizational effectiveness, and the company brand

• Monitors, assists, and makes recommendations to improve marketing and leasing activities

• Inspects properties to ensure highest standards are maintained; often conducted with Project Management or Owner’s Representative if regarding a renovation project

• Coordinates preparation of annual operating and capital budgets; monitors and makes recommendations on budget performance and prepares monthly or quarterly summary report

• Reviews and approves expenditures within budgetary guidelines; negotiates and/or evaluates vendor contracts/rates

Knowledge, Skills, and other Abilities:

• Strong budgeting background with ability to forecast and explain projections to ownership, extensive knowledge of P&L’s

• Keen eye for detail and ability to see opportunities for lowering expenses and increasing income, implementing those ideas downstream.

• Desire to coach and lead others while adapting to the company’s current business model – role will require being the direct report for multiple Property Managers

• Ability to delegate and communicate to team members and cross-team members

• Excellent verbal and written communication skills

• Ability to respond to and resolve unexpected problems and handle priority changes

• Thorough knowledge of current Seattle laws, comprehension of legal documents, and carry out related rent collections and management

· Strong budgeting background with ability to forecast and explain projections to ownership; extensive

Peak Living is a multi-family property management company, established in 2008, that oversees and manages buildings for both in-house and 3rd party ownership groups. Our company is comprised of a full maintenance staff, in-house general contractor, capital/acquisition team, and our property management arm. Representing our managed ownership groups with a balance of the utmost professionalism and personalism has allowed us continued growth into an exciting greater Seattle industry where we see the big picture. Those individuals we hire are expected to share in, celebrate and encourage our company’s continued growth! *Peak Living is an equal opportunity employer!

Job Types: Full-time, Contract

Pay: $85,000.00 - $100,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Referral program
• Retirement plan
• Vision insurance

Education:

• High school or equivalent (Preferred)

Experience:

• Portfolio Manager: 2 years (Required)
• Supervising: 4 years (Required)

License/Certification:

• LIHTC Certification (Preferred)
• Driver's License (Required)
• Certified Apartment Manager (Required)

Work Location: In person

Salary : $85,000 - $100,000