Associate Director

CRE Finance Council; Washington, Northern (District of Columbia, KY); Hybrid; USD 123,000 - 145,000; Full time

Benefits offered by this job

Health, dental, vision insurance

Retirement plan

Paid time off

Job summary

Cushman & Wakefield is seeking an Associate Director (CRE) to lead the Property Management team for a Class A office portfolio in Washington, DC. You will oversee budgets, CAM reconciliations, invoicing, and owner reporting while ensuring contract compliance and strong tenant relations.

The role requires 5+ years in real estate property management, CPM/RPA/CSM designation and a real estate license, with advanced MS Office skills. Travel to properties is required.

Qualifications

• Bachelor’s degree in business administration or related discipline preferred.
• CPM, RPA, or CSM designation.
• Possess real estate license.
• Strong knowledge of finance and building operations.
• Proven experience in management, evaluation, development, and motivation of subordinates.
• Ability to manage a team of professionals and vendors.
• Experience negotiating commercial leases or contract language.
• Advanced knowledge of Microsoft Office Suite.

Responsibilities

• Direct, coordinate, and exercise functional responsibility for property management business.
• Provide leadership through policy development, information flow, and strategy.
• Lead Property Management staff and promote career paths.
• Track budget variances and ensure smooth reconciliations.
• Oversee billing, cash flow, and reporting for owners per management agreement.
• Ensure compliance with policies, codes, and directives.
• Coordinate third-party relationships and contract administration.
• Oversee construction and site inspections with relevant managers.

Skills

Communication Proficiency

Customer Focus

Problem Solving/Analysis

Leadership Skills

Teamwork Orientation

Time Management Skills

Financial Acumen

Education

Bachelor’s Degree in Business Administration or related discipline

CPM, RPA, or CSM designation

Real estate license

Tools

Microsoft Office Suite

Job description

Associate Director (CRE) - Commercial Real Estate, Class A Office

Job Description Summary

Responsible for the management of the Property Management staff as well as to oversee a significant portfolio or property and to serve as a point person on third-party relationships.

Job Description

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

• Direct, coordinate, and exercise functional responsibility for property management business
• Provide overall property management leadership through the development and interpretation of policies and programs, coordination of information flow and property management strategy
• Provide direction and leadership to Property Management staff, promoting reasonable career paths associated with property management professionals
• Track budget variances and ensure smooth recovery process
• Complete annual CAM reconciliations
• Oversee the billing process including payment of invoices and disbursement of funds
• Monitor cash flow and cash requirements in conjunction with Property Manager to ensure efficient use of cash
• Oversee preparation of reports, annual budget, and other documents for owner in accordance with the management agreement
• Support prompt collection of management fees and reimbursements to overhead
• Maintain interface with third-party owners, ensuring total contract compliance, and accurate and timely reporting
• Resolve tenant relations issues to ensure their satisfaction
• Perform regular property inspections with staff
• Oversee construction projects with Construction Manager, including approving construction contract and invoices
• Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives

KEY COMPETENCIES

• Communication Proficiency (oral and written)
• Customer Focus
• Problem Solving/Analysis
• Leadership Skills
• Teamwork Orientation
• Time Management Skills
• Financial Acumen

IMPORTANT EDUCATION

• Bachelor’s Degree in Business Administration or related discipline preferred

IMPORTANT EXPERIENCE

• 5+ years of real estate property management or related experience

ADDITIONAL ELIGIBILITY QUALIFICATIONS

• CPM, RPA, or CSM designation
• Possess real estate license
• Strong knowledge of finance and building operations
• Proven experience in management, evaluation, development, and motivation of subordinates
• Ability to effectively manage a team of professionals, including both employees and vendors
• Previous experience in analyzing and negotiating commercial lease and/or contract language
• Advanced knowledge of Microsoft Office Suite

WORK ENVIRONMENT

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to travel from floor to floor, climb stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly operate office machinery.

OTHER DUTIES

This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

CUSHMAN & WAKEFIELD BENEFITS & COMPENSATION

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 123,250.00 - $145,000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [e-mail]. Please refer to the job title and job location when you contact us.

INCO: "Cushman & Wakefield"