General Manager, Industrial Property Management
What this job involves:
The General Manager (GM) is responsible for managing a portfolio of industrial properties, in accordance with JLL standards and procedures and the Management Agreement. GM’s are tasked with achieving financial results, operating objectives, and client and tenant satisfaction. The GM works directly with clients to understand their investment objectives and develop property-specific strategic plans. They oversee the implementation of approved initiatives and programs by managing the property team and are responsible for maintaining effective communication with building owners and tenants. In this role, the General Manager will also lead a team of property management professionals to accomplish these responsibilities.
What your day-to-day will look like:
Develop and implement annual operating budgets and capital plans and ensure timely and accurate monthly reporting. Analyze financial performance, prepare detailed reports, and present strategic recommendations to senior leadership and stakeholders.
Create, review, and finalize property budgets, perform financial reforecasts as directed by client.
Create, review, and finalize annual CAM reconciliations, quarterly escalations.
Manage a portfolio of multiple institutional clients, buildings and large volume of tenants.
Conduct on-site property visits and inspections in accordance with property management agreements and coordinate any necessary repairs.
Ensure tenant billings are completed accurately and timely, including appropriate Accounts Receivable follow -up.
Ensure compliance with company policies, industry regulations, and safety standards across all managed operations.
Implement tenant satisfaction program, meet regularly with tenants to ensure successful program.
Oversee competitive bidding process for all third-party contracted services and ensure compliance with JLL standards, create and achieve cost savings for clients.
Lead and provide mentorship, guidance, and development of the property management team in addition to assisting the regional VP in operational management.
Required qualifications:
Bachelor’s degree in business administration, Real Estate, Property Management, or related field
Minimum 7 years of progressive leadership experience in commercial real estate, property management; Industrial and/or Retail Asset class experience required.
Proven track record of managing operating budgets and achieving financial targets.
Demonstrated expertise in client relationship management and business development within the commercial real estate sector.
Excellent financial acumen with experience in budgeting, forecasting, and financial analysis
Proficiency in real estate management software, CRM systems, and Microsoft Office Suite, specifically Yardi Commercial Voyager with regard to navigating reports, budgets, expense recoveries, and tenant expense pools
Familiarity with Microsoft Share Point Database, Power Point Presentations, Outlook, Excel, and One Note
Proficiency in tenant and property expense reconciliations (CAM Reconciliations), ability to perform forensic accounting analysis', create, review, and administer expense pools in accordance with the lease agreements in place, ability to identify controllable vs non-controllable expenses and expense caps.
Ability to utilize time management, task management, and operational prioritization skillsets.
Valid real estate license or ability to obtain within specified period, required within six (6) months if not currently licensed.
Preferred qualifications:
Professional certifications such as LEED GA, or equivalent industry credentials
Strong network of industry relationships and demonstrated thought leadership in real estate.
Location: On Site - Walnut Creek office
Salary: $150,000 - 160,000
Estimated compensation for this position:
150,000.00 – 175,000.00 USD per year
This range is an estimate and actual compensation may differ. Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.
Location:
On-site –Walnut Creek, CA
If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements. We’re interested in getting to know you and what you bring to the table!
Personalized benefits that support personal well-being and growth:
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:
401(k) plan with matching company contributions
Comprehensive Medical, Dental & Vision Care
Paid parental leave at 100% of salary
Paid Time Off and Company Holidays
Early access to earned wages through Daily Pay
At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you’re pursuing.
