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Property Manager

Job in Silver Spring, Montgomery County, Maryland, 20900, USA
Listing for: Leisure World of Maryland Corporation
Full Time position
Listed on 2026-10-16
Job specializations:
  • Management
    Financial Manager
Salary/Wage Range or Industry Benchmark: 120000 - 127000 USD Yearly USD 120000.00 127000.00 YEAR
Job Description & How to Apply Below
Position: PROPERTY MANAGER

Job Title:

Property Manager

Full Time Position - 40 hours per week

Salary Range: $120,000 - $127,000 based on experience

Benefits:
Medical, Dental, Vision, Life, LTD, and 401(k)

Schedule:

Monday - Friday 8:30 am - 5:00 pm

The ideal candidate will have a minimum of seven (7) years of Association Management experience, preferably within condominium or common-interest communities, including at least two (2) years managing a high‑rise condominium. A Bachelor's Degree from an accredited four‑year college or university is preferred. Candidates must possess a CMCA and/or AMS designation. PCAM is preferred and CPM is a plus. Equivalent education, certifications, and experience in property, facilities, or residential community management will be considered.

Job

Purpose

The Property Manager is responsible for the day-to-day operations of the assigned high‑rise condominium within Leisure World of Maryland and for ensuring compliance with governing documents, duly enacted Board policies and procedures, LWMC policies and procedures, the Maryland Condominium Act, applicable Maryland and Montgomery County laws and regulations, and industry best practices. The Property Manager oversees the planning, organization, and direction of daily operations;

participates in Board and committee meetings; provides counsel to the Board and residents; serves as the liaison between the Mutual and LWMC departments; develops contractual specifications; and oversees vendor and contractor performance. This position requires exceptional customer service, communication, problem‑solving, and dispute‑resolution skills.

ESSENTIAL FUNCTIONS And BASIC DUTIES Financial Administration
  • Develop a draft budget for the Treasurer, Budget and Finance Committee and the Board of Directors.
  • Maintain close coordination on budget and financial matters with the Treasurer, budget and finance committee and LWMC accounting department. Upon adoption of the annual budget and capital expenditure budget, be responsible for its administration and implementation and for adherence to the budget, for expenditures within his/her control, and make recommendations for Board action at any time regarding changes that he/she deems necessary.

    Responsible for the capital expenditure program in accordance with the current operating and capital expenditure budget.
  • Assist, as necessary, with the annual audit and tax return preparation.
  • Review, approve and process for payment all invoices, bills, and accounts payable in timely manner and on behalf of the Mutual in accordance with established Board policy.
  • Bring to the attention of the Board President and/or Treasurer any and all emergency expenditures within 24 hours of the commitment of the funds.
  • Coordinated annual reviews of the Replacement Reserve Study with the Buildings and Grounds and Finance Committees and oversee periodic outside consultant reviews of the Study. Identify missing items as well as errors in cost and schedule.
  • Initiate and maintain contracts for telephone service, pest control, landscape maintenance, janitorial service, elevator service, and other essential services included in the operating budget. Prepare contracts for purchase of such equipment, tools, appliances,
Operational Supervision

Determine the scope of maintenance and repair work required within the Mutual; be responsible for supervising the maintenance and upkeep of the Mutual's properties, and make, or direct inspections to ensure such maintenance is completed.

Make necessary work assignments to execute maintenance and repairs and cause the buildings, appurtenance and grounds to be maintained according to standards established by the Board, including but not limited, to interior and exterior cleaning, painting and decorating, plumbing,…

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