Property Manager

About the role

Founders 3 provides world-class real estate management services by caring for our clients’ assets as if they were our own. We offer expertise ranging from pre-development consultation to full-service property management, accounting, and maintenance. We are seeking a Property Manager to lead a lease-up in the Madison market, joining an experienced team to manage a new property.

The Property Manager is responsible for maximizing NOI and asset value on behalf of Founders 3’s clients through property management, operations, maintenance, client and resident relations, leasing support, marketing, accounts payable, collections, annual budgeting, risk management, and financial reporting.

Responsibilities

• Prepare monthly and quarterly financial and management reporting as required by clients.
• Oversee contractors and maintenance personnel to ensure properties are maintained properly.
• Build and maintain relationships to retain current business, expand opportunities with existing clients, and pursue additional clients.
• Support the leasing team by understanding and contributing to the leasing process.
• Guide and direct property staff members respectfully; hold daily priority meetings to keep staff and property on track.
• Ensure properties are managed consistent with Founders 3’s Core Practices and Standards of Excellence.
• Demonstrate financial acumen, including a thorough understanding of accounting principles (cash and accrual basis) and financial statements.
• Project and achieve budgeted financial goals as outlined in the approved annual operating budget while adding value through prudent management decisions.
• Implement approved business plans and achieve budgeted financial goals.
• Build relationships with residents to retain business and expand opportunities.
• Drive marketing efforts for the property.
• Ensure the Assistant Property Manager’s responsibilities are completed as required.
• Maintain a reporting system for logging and tracking property operational issues such as roof leaks.
• Post deferred revenue and reconcile it monthly.

Requirements

• Bachelor’s degree and/or industry certification preferred.
• Minimum of 5 years of property management experience assisting in the management of residential real estate.
• Ability to apply common sense understanding and carry out detailed written or oral instructions.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret technical information involving concrete variables.
• Financial acumen with a thorough understanding of accounting principles, including cash and accrual basis accounting methods and financial statements.
• Valid driver’s license and insurance.
• Proficiency in a Windows environment and standard current computer applications; Yardi PM software preferred.

Values & Competencies

Support Founders 3’s commitment to its Promise, Vision, and Values. We are dedicated to creating value for our clients and continually improving our company and ourselves by practicing C.A.R.E. in everything we do:

• Commitment to our clients, company, and community.
• Accountability for our actions and results.
• Respect for ourselves and others.
• Excellence in all we do.