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Senior Property Manager

Job in Newark, New Castle County, Delaware, 19711, USA
Listing for: AION
Full Time position
Listed on 2026-09-01
Job specializations:
  • Real Estate/Property
    Property Management & Leasing
Salary/Wage Range or Industry Benchmark: 90000 - 120000 USD Yearly USD 90000.00 120000.00 YEAR
Job Description & How to Apply Below

Under the direction of the Regional Property Manager, the Senior Property Manager is responsible for managing a single asset with large teams of 12+ employees and 600+ units, ensuring excellent customer service in daily management, coordinating all aspects of apartment community operations, maximizing cash flow while preserving assets, achieving budgeted NOI, providing a quality living environment for residents, providing high impact leadership at a large scale and establishes a positive working environment for property team  addition, the Senior Property Manager may supervise 1-2 other Property Managers and may absorb some of the Regional Property Manager duties.

Essential Duties and Responsibilities:
  • Oversee all financial performance of the property and work towards achieving budgeted NOI
  • Maximize cash flow at the property by minimizing delinquencies, ensuring timely rent collection, monitoring banking activities and daily deposits, and contacting residents to collect overdue rent.
  • Ensure all Real Page 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.
  • Develop cost saving strategies to reduce budgeted expenses.
  • Create an annual operating budget and business plan with the accounting team and Regional Property Manager.
  • Conduct annual budget review.
  • Prepare financial statements in a timely fashion.
  • Analyze income, expenses, traffic, lease expirations, market rents, delinquency financial statements, and make recommendations as needed.
  • Approve all reports and invoices for reporting communities.
  • Recommend and oversee all capital improvements, deferred maintenance and upgrade programs.
  • Review and analyze all bid summaries for purchase of goods and services, monitor the vendors’ work, and guarantee accurate invoicing.
  • Ensure that all contracted services and materials are accounted for and that the work has been performed properly prior to the release of payment.
  • Process delinquent residents according to policy, collect late fees, and file on units at the appropriate deadline.
  • Serve as property representative in court proceedings, understanding all property legal issues affecting residency, storage, abandonment, bankruptcy, fair housing and unlawful detainer/eviction actions.
Marketing
  • Support the leasing team by leasing apartments, responding to telephone inquiries, qualifying applicants, showing apartments and ensuring all move-in paperwork is accurately prepared.
  • Monitor direction of rental activity and all on-site sales, marketing outreach, and advertising plans.
  • Maintain on-going, in-depth knowledge of associated market, market rents and demographics
  • Evaluate and make recommendations for rental pricing.
  • Monitor daily move-in/move-out reports.
  • Verify weekly traffic sources, following up on prospect status and closing ratio numbers and implementing programs and team development plans to improve results.
  • Monitor compliance with Fair Housing regulations, Tax Compliance regulations, and other laws as they relate to property specific guidelines and occupancy standards.
  • Maintain passing e-shop, phone shop, and physical shop scores of 85% or higher.
Customer Service
  • Complete a daily inspection of the property and market-ready units.
  • Monitor and direct service operations to ensure service requests are completed within 24 hours and curb appeal standards are met.
  • Supervise safety and risk management functions including coordinating monthly safety meetings.
  • Review resident retention programs in an effort to continue to meet residents’ needs and improve retention.
  • Provide excellent customer service and display courteous and professional attitude toward all customers.
  • Maintain availability or coverage for emergencies, on-call duties, resident functions, weekends and holidays.
Administrative
  • Review bid summaries, service contracts, vendor information and insurance documentation.
  • Attend staff meetings and safety meetings for each property in portfolio on a regular basis.
  • Conduct monthly written property inspections and determine appropriate action needed.
  • Standardize all property…
Position Requirements
10+ Years work experience
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