Assistant General Manager (Multi-Site Condos)
Related Management Company · New York, NY · 1 mo ago
ManufacturingFull-time
Responsibilities
Owner Relations
- Serves as a liaison between the owners and the Board of Managers to foster a positive and professional relationship.
- Handles all owner complaints expeditiously, diplomatically, and professionally, following up promptly on all issues.
- Assists owners with monthly billing inquiries, including reviewing charges, explaining assessments, and addressing concerns regarding financial obligations.
- Helps owners update their bank account information for payment processing, ensuring accuracy and compliance with payment policies.
- Tracks arrears and posts chargebacks as necessary, coordinating with finance teams to ensure timely and accurate resolution.
- Communicates with the Resident and Property Manager regarding work-order status to respond effectively to tenant inquiries.
- Processes resale, lease, and transfer applications in a timely manner, ensuring compliance with Board requirements.
- Processes, reviews, and coordinates owner alteration requests in conjunction with the Board-appointed Engineer and presents them to the Board for review and approval.
- Upon Board approval, tracks and enforces all provisions of the alteration agreements.
Financial Reporting & Accounting Support
- Assists in the preparation of monthly financial reports, including tracking budget variances and providing variance explanations.
- Reviews and reconciles monthly financials to ensure accuracy and compliance with budgeted projections.
- Monitors and tracks vendor payments, ensuring timely processing and adherence to contract terms.
- Processes invoices and liaises with the finance team to ensure proper documentation and approval workflows.
Additional Responsibilities
- Maintains organized records of all financial transactions, correspondence, and approvals related to owner accounts and property management.
- Supports administrative duties related to property management operations, including scheduling meetings, maintaining databases, and preparing reports.
- Collaborates with property management and Board members to implement operational improvements and enhance the owner experience.
Board Meeting Participation
- Attend and actively participate in in-person board meetings to provide updates, insights, and recommendations on property management matters.
- Engage in open dialogue with board members, addressing concerns, answering questions, and contributing to decision-making processes.
- Present regular updates on property management activities, financial performance, and ongoing projects to homeowners' associations and residents.
- Foster transparent communication to keep residents informed about community developments, policies, and any changes that may impact them.
- Communicate and implement new policies or rules discussed and approved during board meetings.
- Ensure residents are aware of and understand any changes, providing clarification as needed.
- Develop and implement crisis management strategies,