Property Manager

Seeking a high energy, highly organized individual to oversee the daily operations of a 224 unit apartment community in Denton, TX. Under the direction of the Regional Property Manager, the Property Manager is responsible for ensuring excellent customer service in all aspects of the daily community operations, maximizing cash flow while preserving assets, achieving budgeted NOI, providing a quality living environment for residents, and establishing a positive working environment for property team members. Responsibilities include:

• Oversee financial performance of the property and work towards achieving budgeted NOI
• Ensure all activity is correctly input in the property management system
• Maximize cash flow increasing revenue, minimizing delinquencies, ensuring timely rent collection, monitoring banking activities and daily deposits, and bad debt collections
• Develop cost saving strategies in an effort to reduce budgeted expenses
• Assist in the preparation of annual operating budget
• Review monthly financial statements in a timely manner
• Prepare variance report on a monthly basis
• Analyze income, expenses, traffic, lease expirations, market rents, delinquency, financial statements, and make recommendations as needed
• Recommend and oversee all capital improvements, deferred maintenance and upgrade programs
• Review proposals for purchase of goods and services, monitor the vendors work quality, and guarantee accurate invoicing
• Support the leasing team by leasing apartments, responding to telephone inquiries, qualifying applicants, tour prospective residents, ensure all move-in paperwork is accurately prepared
• Maintain on-going, in-depth knowledge of associated market, market rents and demographics to give a competitive edge
• Evaluate and make recommendations for rental pricing
• Monitor daily move-in/move-out property status reports and manage the monthly renewal process
• Verify weekly traffic sources, following up on prospect status and closing ratio numbers and implement programs and team development plans to improve results
• Monitor compliance with Fair Housing regulations
• Conduct daily property inspections and make recommendations for repairs and improvements
• ensure make-ready units meet company standards
• Monitor and direct service team to ensure service requests are completed within 24 hours and curb appeal standards are met
• Supervise safety and risk management functions including coordinating monthly safety meetings
• Review resident retention programs, in an effort to continue to meet residents needs and improve retention
• Provide excellent customer service and display courteous and professional attitude toward all customers
• hire, train, motivate, and supervise all on-site personnel
• Create a team environment by holding weekly team meetings, establishing realistic goals, and fostering open communication
• Provide ongoing feedback to team members
• Provide recommendations for compensation adjustments, promotions, and terminations
• Perform other duties as required

Education: High School Diploma or equivalent, Bachelor's degree or CPM preferred

Experience: 2+ years property management experience; one year supervisory experience; working knowledge of applicable Landlord Tenant Laws, and Fair Housing Regulations.

Technical skills: strong computer skills a must; experience in Yardi preferred

Job Type: Full-time

Pay: $59,000.00 - $62,000.00 per year

Benefits:

• Dental insurance
• Employee discount
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Experience:

• Multifamily: 3 years (Required)

Ability to Commute:

• Denton, TX 76205 (Required)

Work Location: In person