RESPONSIBILITIES:
Primary responsibility is to direct and coordinate the various operational activities of the assigned asset(s), including the direction of the day-to-day activities of the property management team or third party on-site management in all aspects of asset management. This shall include but not be limited to:
Business Plan Execution - Work with the Portfolio Oversight and Investments teams to ensure the successful development and execution of the annual business plan. Oversee the implementation of major Capital Expenditures, project timelines, cost controls, budget review and approvals.
Financial Obligations - Overall responsibility for all financial functions including but not limited to budgeting, including annual development and execution of operating budgets re-forecasting and detailed variance reporting. Expense monitoring and cost control implementation, revenue enhancement and overall asset profitability to meet or exceed budgeted Net Operating Income. Oversee and ensure the timely collection of all billed rental charges oversee A/P functions and ensure that all bills are paid timely negotiate rent relief and/or settlements with tenants in a prompt and judicious manner.
Communication - Demonstrate excellent communication skills in both verbal and written interactions with all internal and external parties. Develop and maintain strong relationships with all internal teams as well as tenants, partners, local government, and community representatives, including the Chamber of Commerce and Business Improvement District.
Development - Partner with the development team on any development activities planned for the asset(s) to meet stated objectives and ensure a smooth transition from development to operations.
External Relationships - Lead and manage relationships with external consultants and assign projects ensuring optimal utilization of resources. Act as primary point of contact for all regulatory matters, engaging with government regulatory agencies.
Risk Assessment - Analyze challenges to business plan initiatives communicate issues that may place the asset or results at risk develop and execute improvement plans to address identified challenges. Ensure all tenants and vendors are in compliance with contractual insurance obligations promptly process all insurance claims. Regularly monitor the asset for physical defects to mitigate insurance claims oversee and direct the security program for the asset oversee life/safety policies, procedures, and training ensure employee safety protocols are implemented and adhered to address all issues promptly to ensure a safe, healthy environment for tenants, customers, and stakeholders. Implement a comprehensive preventative maintenance program for the asset provide regular tenant and employee training sessions on operational protocols.
Contract Administration - Contract with outside vendors, develop scope of work documents for contracted services, competitively bid services including regular re-bidding of recurring services. Monitor contractor performance and ensure contract compliance.
Lease Administration - Ensure tenant compliance with all lease terms. Review all leases and track priority sections regarding co-tenancy, kickout clauses, exclusive use clauses and NNN caps.
Reporting - Preparation and timely submission to owners of monthly reports and other periodic reports, in a format and on a schedule determined by the owner.
This role requires approximately 25% travel to local sites and agency offices.
SUPERVISORY RESPONSIBILITIES:
Maintain a positive relationship with all corporate support departments.
Provide objectives, evaluate performance, and give interim and annual performance reviews of direct reports.
Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws.
Exhibit passion and commitment to their own personal and professional development as well as that of their colleagues.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
Bachelor's Degree
7-10 years' experience in property/asset management in the commercial real estate industry.
California Real Estate license. Industry certifications (i.e. IREM, BOMA, CCIM, ICSC) preferred.
Experience preferred dealing with state, regional or local water regulatory agencies, or other utility agencies or control boards.
ewi is committed to equality in the workplace and is an equal opportunity employer. ewi is acting as an Employment Business in relation to this vacancy.