Portfolio Manager

Envolve

$100K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in property/real estate management
  • 2+ years in a management role
  • Experience managing multiple properties preferred
  • Moderate training in Real Estate and Management required
  • HCCP or equivalent tax credit housing training required
  • Accredited Residential Manager Certification (ARM) preferred

Responsibilities

  • Recruit, hire, train, and supervise site personnel of assigned communities
  • Mentor Community Managers
  • Coordinate with Accounting for timely financial reporting
  • Develop and implement annual budgets for all communities
  • Set and enforce spending controls and review variances
  • Oversee marketing and advertising efforts to boost occupancy
  • Address and resolve resident issues

Benefits

  • Competitive salaries and bonuses
  • Medical, Dental, and Vision coverage
  • 401(k) plan with employer match
  • Short and Long Term Disability
  • Life/AD&D insurance
  • Paid Time Off and 11 paid holidays
  • Employee Assistance Program
  • Career advancement opportunities
  • Training and Development programs
Full Job Description
We are currently searching for Portfolio Manager candidates for the Maryland and DC area.

Essential Duties and Responsibilities:

  • Responsible for recruiting, hiring, training, supervising, and evaluating all site personnel of assigned communities. The Portfolio Manager should interview and give final recommendations for the hiring of all site personnel of assigned communities.
  • Provide mentoring to Community Managers of assigned communities.
  • Responsible for direction and coordination with the Accounting Department, the delivery of accurate and timely monthly property financial statements to both the Regional Manager for final review and to the clients.
  • Responsible for development, implementation, and delivery of annual budgets for all assigned communities to Regional Manager for review.
  • Responsible for setting and enforcing spending controls for all assigned communities and reviewing all variance explanations.
  • Assist in the coordination of all capital improvement programs for assigned communities.
  • Direct all marketing and advertising for assigned communities maximizing rental income and increasing occupancy rates.
  • Work with Community Managers and staff to respond to resident issues.
  • Ensure that all required reports are completed accurately and in a timely manner.
  • Maintain thorough product knowledge on all assigned communities and of competition in the assigned area.
  • Ensure that established policies and procedures are followed.
  • Assist, when requested, in the acquisition of new accounts.
  • Perform quarterly inspections for properties that are under his/her direction.
  • Assume other responsibilities as assigned by the RVP


Education and Work Experience Requirements:

  • Five or more years in property/real estate management required
  • Two or more years in management positions required
  • Previous experience managing multiple properties is strongly preferred
  • Moderate Real Estate and Management training experience required
  • HCCP or comparable tax credit housing training required
  • Accredited Residential Manager Certification (ARM) preferred


Specific Job Knowledge, and Skill Ability:

  • Must be able to demonstrate an ability to understand all aspects of the financial responsibilities of budgeting, reporting, and expense control.


Rate: 100k plus depending on experience

Benefits:

  • Competitive salaries and bonuses
  • Medical
  • Dental
  • Vision
  • 401(k) plan with employer match
  • Short term disability
  • Long term disability
  • Life/AD&D
  • Paid Time Off
  • 11 paid holidays
  • Employee Assistance Program
  • Career advancement opportunities
  • Training and Development


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