Associate Property Manager

Description

Are you a self-motivated and highly resourceful person who is capable of dominating the markets we serve? Do innovation, information, and teamwork excite you? Are you an avid learner who is always looking to improve?

TOK is seeking a talented Associate Property Manager who will be responsible for protecting, maintaining, and enhancing the value of commercial real estate assets in order to maximize the property owner’s financial return and for the benefit of the tenants and the Company. This is accomplished by independent direction and coordination of the property’s operational and financial activities, tenant retention, and property maintenance.

This employee represents the property owner to both the tenants and the public.

• Locally and independently owned company founded in 1991.
• The leading commercial real estate firm in Idaho, newly expanding into the Inland Northwest market.
• Voted by our employees as one of Idaho’s Best Places to Work for nineteen (19!) consecutive years. We encourage you to join our team and see why!

• Acts as coordinator to ensure that company fully meets and exceeds contractual property management obligations. Responsible for all management-related duties in order to best serve each property, representing the owners as ‘clients’ and tenants as ‘customers’.
• Manages portfolio in efforts to protect, maintain, and enhance the value of certain assigned commercial real estate assets in order to maximize the owner's financial return and for the benefit of the tenants, clients, and the Company.
• Reviews and enforces all terms of leases, insurance and service contracts. Understands and upholds all terms and conditions of property management agreement and explains to client as needed the extent and scope of management responsibilities, services to be performed, and costs for services. Likewise, is aware of what management contract does not provide and what additional charges may be billed to the client or tenant as work outside the normal scope of engagement.
• Develops property budgets with annual projections for anticipated income and budgeted operating expenses and capital improvement expenditures for client’s approval. Assisted in this effort by a Property Accountant.
• Visits properties and reports property conditions (preventive and emergency) to the property owners with assistance from the maintenance team.
• Oversees the maintenance of property conditions (preventive and emergency), contracts for and oversees capital improvements and alterations, renovations or reconditioning of property as specified in property management contract, or per the owner’s directions or lessee’s agreement.
• Oversees collection of rents and other tenant charges.
• Coordinates bidding process with vendors.
• Directs disbursement strategy on behalf of clients.
• May contact utility companies to arrange for transfer of service for tenants and owners.
• Oversees preparation of financial statements and reports on status of properties to include annual budget preparation, monthly bill coding, financial document preparation, review and analysis including cash flow, income statement, general ledger, A/R & A/P, delinquencies and balance sheet.
• Coordinates and logs tenant calls/requests with maintenance and/or repair personnel.
• Maintains key log and organization of all keys for property.
• Participates in the on-call rotation for after-hours and emergency services related to the property management portfolio, ensuring prompt response and resolution to urgent issues. Property Managers are on call approximately 3 weeks out of the year.
• May assist with eviction of tenants in compliance with lease terms,…