Assistant Vice President - Property Management

Alexandria Real Estate Equities, Inc.; Austin (TX); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

100% company-paid health, dental, and vision premiums

Generous 401(k) profit-sharing plan

Significant paid time off

Job summary

Alexandria Real Estate Equities, Inc. in Austin, Texas is hiring an experienced property manager to oversee facility operations and financial reporting. This role requires significant experience in asset/property management, particularly in laboratory or R&D environments, and strong financial acumen.

Key responsibilities include property management tasks, financial reporting, and fostering tenant relationships. The position also offers extensive benefits including health coverage, a 401(k) plan, and generous paid time off.

Qualifications

• At least 10 years of experience in asset/property management.
• Experience managing laboratory or R&D facilities.
• Strong knowledge in financial reporting and property operations.

Responsibilities

• Manage property inspections and maintenance projects.
• Prepare financial reports and budgets.
• Build relationships with tenants and industry representatives.

Skills

Property management

Financial reporting

Communication

Analytical skills

Technical skills

Education

Bachelor's degree

Tools

Microsoft Office

Yardi

Angus

Job description

Responsibilities

Property Management

• Perform property management functions to include, but not limited to, physical inspection of the property and tenant spaces at least once a month or as needed.
• Oversee the management of third‑party building engineers.
• Perform accounting functions using the Company’s management control system, Yardi.
• Oversee and track that capital projects scheduled in the budget are completed on time and on budget.
• Oversee and track that routine annual/quarterly maintenance projects are completed on time and on budget within the management system, Angus.
• Manage and coordinate maintenance or capital improvement projects so that tenants experience a minimum of business interruption.
• Oversee, manage and/or perform other property management functions required of the position and assigned project(s).
• Manage a team of property management professionals across Texas.

Financial Reporting

• Perform/prepare weekly, monthly, quarterly and annual reports in accordance with Company protocols and requirements.
• Prepare/participate in the development of the annual property operating budgets.
• Timely collections of monthly rents.
• Reconciliation of financial statements and ledgers.
• Reconciliation of operating expenses.

Tenant/Industry Relations

• Respond quickly to tenant requests and questions on an as needed basis.
• Develop relationship with management and facility representatives for each client tenant.
• Participate in industry events to maintain and expand the Company’s presence in the science and technology communities.
• Ensure appropriate programs that are in place to optimize tenant relationships.

Property Operations / Tenant Improvement Support

• Participate in property operations set‑up to include, but not limited to, back‑of‑house operations, major building equipment commissioning and operations and engineering team oversight.
• Support tenant improvement projects to include, but not limited to, work letter administration, tenant plan review, architect and contractor engagement and management, budget and tenant improvement allowance monitoring and management and project close‑out.
• Facilitate showings in newly developed buildings by working with the regional market leaders, construction and development services team, general contractor, sub‑contractors, and leasing agent(s) to ensure that all operations support the strengths of the portfolio.
• As directed by the Company’s senior management, support tenant build‑outs and mechanical and other major building system upgrades, including capital project oversight and implementation.

Qualifications and Experience

• Bachelor’s degree required.
• At least 10 years of proven and documented success in the asset/property management industry with direct practical experience setting up operations, operating and managing sophisticated facilities. The ideal candidate has experience managing laboratory, R&D, advanced manufacturing, data intensive, or mission critical facilities, and is comfortable balancing long‑term asset strategy with hands‑on execution.
• Direct working experience for a real‑estate developer or owner/developer highly desired.
• Strong communication and people skills are required.
• Strong financial skills are required.
• CPM designation preferred.
• Ability to travel as necessary to meet project goals and objectives is required.
• Computer proficient skills with strong knowledge in spreadsheet preparation and working experience with all Microsoft Office products, including but not limited to: Project, Excel, Word, Outlook, and with skills to learn proprietary software systems utilized by the Company.
• Experience in all phases of property operations, inclusive of asset and property management functions.
• Experience with complex, highly technical commercial building system applications, including building system commissioning experience and set‑up strategies.
• Experience with tenant improvement projects ranging from build‑out of building shell space, to modifications of built‑out, space to demolition of and complete renovation of existing built‑out space.
• Active in community and industry organizations.
• Able to work within a varying and flexible schedule to include obligations outside of regular business hours.
• Knowledge of key liability and legal issues in property management.

Benefits

• 100% company‑paid premiums (top‑tier health, dental, and vision plan for you and your family)
• Generous 401(k) profit‑sharing plan
• Significant paid time off and holiday time
• Paid parental leave
• Generous rewards and recognitions
• Annual Company paid time off for volunteering
• Wellness and fitness incentives
• Mentoring and career development opportunities
• Life insurance, disability plans, and an Employee Assistance Program

Equal Employment Opportunity

The Company is an equal opportunity employer and considers all qualified applicants without regard to any characteristic protected under applicable federal, state, and/or local law or ordinance, including, without limitation, race, color, religion, creed, sex, gender, gender identity, gender expression, pregnancy, childbirth, breastfeeding or related medical conditions, marital status, registered domestic partner status, family‑care status, veteran status, military status, age, national origin or ancestry, physical or mental disability, medical condition, genetic information, or sexual orientation.