Commercial Property Manager

1 Month ago • 3-5 Years • $70,000 PA - $80,000 PA

Job Summary

Job Description

Cirrus Asset Management is seeking a Commercial Property Manager to oversee the day-to-day operational management of buildings and grounds in alignment with company policies, budgets, and management direction. The role involves working with the CFO and COO to develop business plans, increase revenues, control costs, and maximize property leasability. A key focus is on achieving customer service excellence through tenant-focused programs, anticipating tenant needs, and ensuring prompt responses to service requests. The position requires preparing and delivering accurate financial reports, forecasting management plans, and providing monthly performance reports with variance explanations. Additionally, the manager will manage vendor relationships, ensure service expectations and contract obligations are met, and provide quality-control oversight. Responsibilities include financial management and recordkeeping, such as collecting rents, invoicing, pursuing delinquencies, managing payables, and accurately reporting transactions. Risk management to minimize exposure and losses is crucial, as is obtaining certificates of insurance and ensuring adherence to safety guidelines. The role also involves acting as a liaison between properties, the management team, and ownership groups, ensuring spaces are show-ready, providing input on lease negotiations, and offering cost estimates for landlord work. Gathering and analyzing financial and statistical data for decision-making is also part of the job.
Must have:
  • Minimum 3-5 years of commercial property management experience
  • Valid driver's license and vehicle
  • Ability to read and interpret commercial leases
  • Effective presentation skills
  • Strong math skills for budgeting and financial analysis
  • Proficiency in Microsoft Office (Excel, PowerPoint, Word)
  • Ability to inspect properties, including climbing stairs and lifting over 15 lbs
Good to have:
  • Bachelor's degree in business or real estate
  • Yardi Voyager experience
  • CAM and budgeting experience
  • Experience with Angus ticketing system
Perks:
  • Paid Holiday, Sick, and Vacation Time
  • Health Insurance
  • Life Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k Plan
  • Healthcare Spending Accounts (HSAs, FSAs, HRPs, HRAs)

Job Details

Company Description

At Cirrus Asset Management, we are dedicated to providing exceptional property management services to property owners and residents alike. With our expertise and passion for real estate, we strive to create a seamless and rewarding experience for all parties involved.

Our company culture is defined by its unwavering commitment to integrity, empowerment, respect, teamwork, innovation, and exceptional customer service. These values shape our everyday actions and guide us in achieving our mission and serving our clients effectively. 

What's in it for you?

  • Paid Holiday, Sick, and Vacation Time
  • Health Insurance
  • Life Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k Plan
  • Healthcare Spending or Reimbursement Accounts such as HSAs, FSAs, HRPs, and HRAs

Job Description

  • Oversee day-to-day operational management of building and grounds consistent with Cirrus Asset Management’s policies and procedures, approved budgets, business plans, and management direction.
  • Work with CFO and COO, Commercial Division to develop business plans and annual operating budgets with a focus on increasing revenues, controlling costs, and maximizing the leasability of the property accurately and on time.
  • Achieve customer service excellence through tenant-focused relationship programs and processes that exceed guest expectations. Lead your team to anticipate tenant needs, assure positive and prompt response to service requests and administer affairs at strategic and operating levels for the mutual benefit of the tenants and property NOI.
  • Prepares and delivers timely, accurate, and complete financial reporting requirements. Forecasts management plans and prepares monthly performance reports, providing all necessary details and variance explanations.
  • Manages vendor relationships effectively to ensure service expectations and contract obligations, including bid and insurance requirements. Provide quality-control oversight, implement cost-containment initiatives, and liaison between tenants and third-party service providers as necessary.
  • Perform financial management and recordkeeping activities, such as: Collecting rents and other receivables, invoicing tenants as permissible by the lease, and aggressively pursuing delinquencies.
  • Manage payables, consistent with approved budgets, contractor/supplier performance, corporate accounting directives and expense containment initiatives.
  • Accurately report transactions using corporate accounting systems and methods in compliance with policies, procedures, and timelines. Maintain documentation locally for management review and audits.
  • Lead risk management efforts to minimize exposure and losses.
  • Obtain certificates of insurance and waivers from tenants, contractors, suppliers, and other third parties and assure adherence to safety guidelines pertinent to property visitors, tenants, and employees.
  • Provide post-accident follow-up including reporting, investigation, and liaison for insurance, legal, and incident prevention purposes.
  • Function as liaison between assigned property and Cirrus Asset Management, Inc. management team, and ownership groups. Support activities may include but are not limited to:
  • Assure space is in show-ready condition, provide input as leases are negotiated, and provide cost estimates for landlord work.
  • Gather and analyze financial and statistical data for decision-making.

Qualifications

  • Bachelor’s degree in business, real estate, or a related field - Preferred
  • A minimum of three-five years of successful, professional property management experience in a commercial office environment - Required
  • Valid driver’s license and vehicle for inspections  - Required
  • Yardi Voyager experience - Preferred
  • CAM and budgeting experience - Preferred
  • Prior experience with maintenance or service ticketing system software such as Angus - Preferred
  • Ability to read, interpret, and fully understand commercial leases. In addition to abstracting leases, and critical lease provisions.
  • Ability to effectively present information to management, business owners, and tenant groups.
  • Ability to respond effectively to the most sensitive inquiries or complaints in a timely manner.
  • Must be able to apply math skills in recommending budget figures, assessing budget-to-actual variances, computing rent reconciliations, completing base year calculations, evaluating contractor bids, completing management reports, etc.
  • Make sound property decisions from market-based projections using knowledge of commercial real estate markets and interpretation of current trends.
  • Proficient in Microsoft Office, especially Excel, PowerPoint, and Word.
  • Sit for long periods of time, able to inspect properties which may include climbing stairs, walking narrow spaces, and lifting items over 15 lbs.

Additional Information

Properties located in and around Greater Los Angeles area. Corporate office is located in Woodland Hills.

$70K -$80K

Monday - Friday (9:00am - 6:00pm) and on call for emergencies.

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.

We are an equal opportunity employer and all applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We will consider for employment qualified applicants with criminal histories.

All your information will be kept confidential according to EEO guidelines.

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