Description
Property Operations & Team Leadership
- Supervise and support property managers, set clear expectations, and follow up on performance and open issues.
- Visit properties regularly to review site conditions, maintenance priorities, unit readiness, and resident service.
- Monitor occupancy, vacancies, rent collections, delinquency, and unit turnover. Work with property managers to address performance gaps.
- Coordinate with property managers, maintenance teams, and vendors to keep repairs, unit turns, and property projects on schedule.
Accounting & Financial Reporting
- Develop annual property budgets and monitor revenue and expenses against budget throughout the year.
- Review monthly property financial statements and operating reports, investigate discrepancies, and explain significant budget variances to leadership.
- Oversee property-level accounting activity, including rent collections, accounts payable, expense coding, and reconciliations, in coordination with corporate accounting.
- Support month-end close by ensuring property records, invoices, and supporting documentation are accurate and submitted on time.
- Identify recurring expense issues, cost-saving opportunities, and gaps in financial controls. Follow through with property managers on corrective action.
- Work with CPA to ensure all documentation is completed timely and accurately.
Purchasing & Vendor Management
- Oversee purchasing for property operations, maintenance, supplies, and contracted services.
- Obtain and compare vendor quotes, review pricing and scope of work, and approve purchases within established limits.
- Verify that invoices match approved purchases or completed work and are charged to the correct property and expense account.
- Track vendor performance, recurring expenses, and upcoming contract renewals.
Requirements
- Minimum five years experience overseeing multiple properties or supervising on-site property management teams.
- Hands-on accounting or controllership experience, including budgeting, financial statement review, reconciliations, and budget variance analysis.
- Experience overseeing purchasing, vendor contracts, and invoice approvals.
- Ability to explain financial results clearly and translate them into practical next steps for property managers.
- Proficiency in spreadsheets and experience with property management or accounting software.
- Appfolio experience a plus
- Experience with google workspace, gmail, sheets, and docs
- Ability to work from the Raritan office and travel regularly to properties in South Jersey.