Community Manager

Cambridge Management, Inc. (CMI) began in 1987 as a small team managing a portfolio of communities in Tacoma, Washington. Our focus soon shifted to providing quality management for affordable housing communities. These affordable communities provide homes for those with limited incomes including families, senior citizens, and people with disabilities. Today, our team has grown to nearly 350 employees managing 125 communities and more than 9,000 apartment homes.

Our portfolio includes market rate, Low Income Housing Tax Credit, and Project-Based Section-8 communities that range in size from 6 to 344 units. We currently manage communities in California, Florida, Georgia, Hawaii, Oregon, Tennessee, Washington State, and Virginia.

Our Mission

At Cambridge Management, Inc., our mission is to provide quality, affordable housing while creating communities where individuals and families can feel respected, and proud to call home.

We are committed to delivering exceptional property management through integrity, compassion, accountability, and service. By supporting our residents, empowering our employees, and caring for the communities we manage, we strive to make a meaningful and lasting difference in the lives of the people we serve.

More than managing properties, we are building communities and creating places people are proud to call home.

Why work for us:

Cambridge Management, Inc. offers the following Compensation and Benefits package for full-time employees:

Position Salary Range: $65,000

Paid time off:

• An accrual of 80 hours Vacation.
• Up to 6 paid sick days per year. (varies based on state sick leave laws)
• 8 paid holidays
• 2 paid floating holidays.

Benefits offered:

• 401(k) with employer match
• Voluntary benefits available

Job Summary:

Under the direct supervision of the Regional Manager, the Community Manager is responsible for ensuring excellent customer service in the daily management of the multi-family community including, but not limited to coordinating all aspects of apartment community operations, maximizing cash flow while preserving assets, achieving budgeted NOI, ensuring LIHTC and or HUD compliance, providing a quality living environment for residents, and establishing a positive working environment for community team members.

The Community Manager’s duties vary depending on the size of the community and the number of staff to which responsibilities might be delegated.

Requirements

Essential Functions

The primary functions for this position are:

• Oversee all financial performance of the property and work towards achieving budgeted NOI.
• Ensure all One Site data is correct by monitoring input and report functions, accuracy and timely preparation of leasing activities, A/R cash receipts, A/P Invoices, statements of disposition, monthly closing procedures, and late fees.
• Recommend and oversee all capital improvements, deferred maintenance, and upgrade programs.
• Serve as property representative in court proceedings under direction of legal counsel, understanding all property legal issues affecting residency, storage, abandonment, bankruptcy, fair housing, and unlawful detainer/eviction actions.
• Support the leasing team by leasing apartments, responding to telephone inquiries, qualifying applicants, show apartments, ensuring all move-in paperwork is accurately prepared.
• Maintain on-going, in-depth knowledge of associated market, market rents and demographics to give a competitive edge.
• Monitor compliance with Fair Housing regulations, Tax Compliance regulations, and other laws as they relate to property specific guidelines and occupancy standards.
• Recruit and select team members by understanding and adhering to CMI’s selection process policies, procedures, and core values.
• Provide recommendations for compensation adjustments, promotions, and terminations. Administer disciplinary action and terminations, after consulting Regional Manager and Human Resources.
• Maximize cash flow at the property by maximizing revenue, minimizing delinquencies, ensuring timely rent collection, monitoring banking activities and daily deposits, and contacting residents to collect overdue rent.
• Develop cost-saving strategies to reduce budgeted expenses.
• Create annual operating budget and business plan with accounting team and Regional Manager.
• Prepare variance report monthly.
• Review and analyze income, expenses, traffic, lease expirations, market rents, delinquency, financial statements, and make recommendations as needed.
• Review and analyze all bid summaries for the…