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Property Manager
Career Insights for Property Manager
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Scorecard
Based on New Jersey data
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What they do
A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.
$78,068 / year median in New Jersey
+12% projected growth
Job Description
RESPONSIBILITIES & DUTIES
Prepare and present the property's annual budget for approval to senior management, and the implementation of and adherence to the approved budget and occupancy goals Prepare and submit the monthly budget variance report Responsible for the accurate and timely establishment of rent amounts as approved by senior management, the timely collection and deposit of all rental and other payments due from residents, and the taking of corrective and/or legal action as required to obtain collection. Coordinate the preparation and submission of the monthly rental vouchers to HUD Review of the properties' re-certification process for completeness, accuracy, and timeliness, and maintains accurate records in compliance with all governing agencies. Ensure properties are maintained according to company policy and are as safe and secure as possible. Implement all maintenance policies, plans, and procedures, such as work order systems, purchase order systems, preventive maintenance system, inventory control, and turnover process. Approves all rental applications, insuring strict compliance to property and government agency and program standards. Performs personnel training, conducts annual performance reviews, and recommends salary adjustments. Responsible for compliance with Affirmative Fair Housing regulations and Equal Opportunity/Affirmative Action policies, including federal, state, and local governing agency requirementsRequirements:
Must have 2- 3 years' experience in Tax-Credit, Section 8 and Affordable Housing MUST have lease up experience Must have experience as a leasing professional in a residential community with a proven track record of success in meeting occupancy and delinquency.
Schedule:
Must be able to work between the appropriate business hours. Monday- Friday 9:00AM
- 5:00PM (40 hours per week)
- In-person role During a lease up the Property Manager needs to be available for open houses during the evenings & weekends.
Benefits/Perks:
Medical, prescription & dental benefits available for both employee & families Supplemental life insurance & other plans available Paid time off, based on years of service Paid Holidays- 13 annually Paid classes for employee development Tuition reimbursement up to $5,250.