Portfolio Manager

Job Summary

Reedy & Company is seeking a Portfolio Manager in Memphis, TN. This position serves as the primary point of contact for investors and is responsible for the overall performance and physical preservation of properties.

Primary Responsibilities

• Act as the primary point of contact for investors, building and maintaining strong relationships.
• Ensure accuracy in internal and external communications by leveraging technology.
• Collaborate with leadership and cross-functional teams to resolve conflicts and drive process innovation.
• Oversee and facilitate new investor onboarding to align expectations and portfolio goals.
• Approve scopes of work during maintenance events and property turnovers.
• Conduct routine analysis of financial data to align investor and company goals.
• Develop and execute strategies that maximize occupancy, control costs, and preserve property value.
• Monitor property expenses and ensure adherence to budgetary guidelines.
• Evaluate market trends to set competitive rental rates and improve portfolio performance.
• Set timelines and expectations, and ensure the completion of assigned strategies and tasks.
• Ensure compliance with legal, regulatory, and safety requirements across all properties.
• Identify and mitigate potential risks affecting portfolio performance or company operations.
• Exercise discretion and independent judgment in key areas, including approving maintenance and repair expenses, implementing property-specific policies and procedures, and resolving tenant disputes or investor concerns.
• Strategically analyze complex situations to drive effective decision-making.

Core Values and Innovation

• Uphold Reedy & Company's core values, including integrity, collaboration, and accountability.
• Identify opportunities for process improvement and innovation to contribute to company success.

Qualifications

• Education: High School Diploma required; advanced education is a plus.
• Skills: Proficient written and verbal communication skills; highly organized with the ability to manage multiple tasks and prioritize effectively; self-motivated and disciplined; adaptable in an evolving, fast-paced environment; critical thinking skills, high integrity, and attention to detail.
• Technology: Ability to learn and utilize property management systems and other technologies.
• Experience: Knowledge of core property management functions (e.g., leasing, collections, maintenance, turnovers, evictions, acquisitions) is a plus.

Key Competencies

• Office and Non-Manual Work: Perform primarily administrative and analytical tasks, such as budgeting, rent pricing, and vendor contract management, to support business operations and financial success.
• Discretion and Judgment: Exercise independent decision-making on significant matters, including financial approvals, policy enforcement, and conflict resolution.
• Significant Impact: Directly influence company profitability, compliance, and property value through effective financial analysis, risk management, and strategic decision-making.

Physical Demands And Work Environment

• Frequently sit, walk, bend, and reach.
• Occasionally lift up to 25 pounds.
• Ability to walk through properties, including navigating stairs and uneven surfaces.
• Primarily a professional office setting. Extended periods of sitting and computer work.