Real Estate Asset Manager Position Available In Wake, North Carolina

Real Estate Asset Manager The Overton Group, LLC – 5.0

Raleigh, NC Job Details Estimated:

$53.5K – $65.1K a year 19 hours ago Qualifications Cash flow analysis Management Mid-level Windows Microsoft Office Financial analysis Driver’s License Contracts Computer skills

Full Job Description Job Title:

Asset Manager Department:

Property Management & Maintenance Locations:

Raleigh, NC Reports to:

Vice President of Property Management & Maintenance, Controller Status:

Exempt Position Summary Duties include the improvement of commercial property, cash flow management, TICAM, delinquency and vacancy analysis, managing vendor contracts on property, lease administration, tenant insurance compliance, and working with management team in successfully executing the goals Landlords have for their property. They serve as the liaison to Landlords and facilitate communications between potential Tenants, Landlords, and Property Managers. As such, they should maintain the highest level of standards and conduct that reflect The Overton Group values – setting an example for others to follow. Essential Duties and Responsibilities Collecting COIs and other required documents Manage and report operational costs to ensure healthy cash flow and report monthly updates to landlords Creating annual budgets and capital expenditure reserves Manage and maintain physical appearance of commercial property Manage annual TICAM Reconciliation, HVAC Reconciliations, and TICAM reserves Manage vendor contracts Ensure property management department follows policies and procedures related to documents, file storage, tenant/landlord communication, and Appfolio Contact for landlord and tenant Reporting for property management delinquencies, lease administration, and lease renewals Preform lockouts and evictions Sending notices to tenants regarding issues, updates, and reports Coordinate Landlord up-fit projects as needed Due to the requirements and responsibilities of this position, any internal brokerage deals (current or future) will need to be referred back to the firm to be distributed to a broker. The responsibilities listed above are not intended to be all-inclusive and may be subject to change or modification based on departmental or company needs Supervisory Responsibilities There are no supervisory responsibilities associated with this position. Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to talk and hear. The employee is frequently required to stand, walk, and sit. Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually relatively quiet. Property showings can involve occupied or vacant spaces and may involve site construction areas. Proper care should be taken to be aware and maintain safe practices. Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education The individual should have the ability to read and interpret documents such as lease agreements, purchase contracts, vendor contracts, financial reports, and contractual agreements related to commercial properties. The individual should also have the ability to write routine reports and correspondence and the ability to speak effectively before landlords, tenants, vendors and management. Language Skills The individual should have the ability to read and interpret documents such as vendor contracts. The individual should also have the ability to write reports and correspondence and the ability to speak effectively with management and coworkers. Mathematical Skills The individual should have the ability to calculate figures and amounts such as rental amounts, late fees, interest, prorations, TICAM reconciliation, discount cash flow analysis, property valuations, and other financial analysis that may be required for commercial brokerage and property management. Reasoning Ability The individual will be able to define problems, collect data, establish facts, and draw valid conclusions. Computer Skills To perform this job successfully, an individual should have knowledge of basic email systems, macintosh/windows operating systems, Microsoft Office programs, etc. The individual should have the ability to master commercial listing related software and property management software. Other Skills Some assigned responsibilities may require this individual to possess and maintain a valid driver’s license and clean driving record.