What are the responsibilities and job description for the Property Manager position at Russo Property Management LLC?
Description
At Russo Development and Russo Property Management, we build more than properties - we build inspiration and purpose. As a privately held, family-owned company with over 50 years of success, our legacy includes more than 6,500 luxury apartment homes, 60 industrial projects, and a growing data center portfolio across northern New Jersey.
Our team is guided by our core CARES values - Character, Accountability, Respect, Excellence, and Service - which shape how we work, lead, and serve. In 2023, Russo Property Management was proud to be named the Top Management Company for Market Rate Apartments by the New Jersey Apartment Association.
If you’re passionate about quality, community, and making a lasting impact, we’d love to meet you.
We are seeking a customer service-oriented Property Manager to join our growing team. The Property Manager is responsible for implementing all management functions, managing leasing efforts and analyzing pricing strategies and absorption trends.
The candidate chosen for the position will be placed at our luxurious property located in Paramus, NJ.
Position Responsibilities:
- Responsible for the oversight of all accounts receivable at the property.
- Oversee and manage all monthly financial reporting including accruals, variance reports and executive summary. Prepare and review monthly financial status reports for management and ownership
- Meet targeted revenues by setting rent rates, ensuring rent and fees are collected and posted in a timely manner. Work closely with Leasing Specialists to ensure all renewals or new leases meet or exceed the approved unit pricing.
- Work closely with senior management to recommend rental or amenity concessions based on current market conditions or limitations imposed by particular units.
- Work closely with senior leadership and ownership on annual operating budget creation.
- Approve and submit invoices from vendors, contractors, and service providers for payment by reconciling work performed or products purchased, ensuring validity of certificates of insurance, coding charges to appropriate Chart of Accounts, and managing communication between the vendor/contractor and accounting.
- Supervise onsite staff including Leasing Specialists, Maintenance Manager, Maintenance Technicians, Porters and vendors. Plan, organize and manage employee focused activities. Assist with onsite recruitment. Facilitate employee development and retention through staff leadership, training opportunities that promote maximum productivity and position the employee for increased responsibilities and job growth.
- Ensure all building operating systems such as elevators, boilers, mechanical systems, trash compactors are (as required) placed on a corporate approved preventive maintenance program. Work closely with the Maintenance Manager to create a monthly preventive maintenance calendar.
- Ensure that the appearance and physical aspects of the property meet Ownership’s established standards.
- Establish and run weekly site meetings with senior manager and site staff to review maintenance work orders, capital improvement projects, resident feedback, leasing goals and obstacles, etc.
- Track and push the marketing plan traffic goals to ensure adequate traffic and closing rations for both new and existing leases.
- Responsible for knowing and understanding the market of property’s similar peer group. Keep informed about new development or redevelopments within the market and can discuss how these will impact property. Build relationships with local business organizations or industry organizations to gain additional market information.
- Coordinate services from vendors, software consultants, and other contractors.
- Provide information and coordinate with affordable housing entities, government officials and lenders as needed.
- Promote client satisfaction and retention through staff leadership, social media review, communication, innovative ideas. Coordinate community events to promote resident satisfactions.
Requirements
- High School/GED education required
- B.S preferred
- 5-7 years of supervisory experience working in a residential property management firm
- Ability to work within a team
- Customer service first attitude – professional, courteous, and friendly demeanor
- Ability to communicate clearly with residents and staff
- Bilingual a plus
- Yardi experience a plus
- Must be familiar with Fair Housing, ADA, Fair Credit Reporting Act, and other laws and regulations governing multi-family housing operations.
Compensation & Benefits: Compensation is influenced by a wide array of factors including but not limited to, skill set, education, licenses and certifications, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications.
- Competitive salary
- Medical coverage
- Dental coverage
- Vision coverage
- 401K
- Life insurance
- Paid sick time
- Paid holiday time
- Paid vacation time
- Free access to fitness centers
EEO: Russo Development / Russo Property Management provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
To all recruitment agencies: Please do not forward unsolicited resumes to representatives of Russo Development / Russo Property Management unless you have been requested to work on this position, or other positions with the firm.
Salary : $105,000 - $115,000