Job Title
Commercial Property Manager
Location
Oklahoma City, OK
Industry
Commercial Real Estate / Property Management
Pay
$70,000-$80,000/year
Benefits
This position is eligible for medical, dental, vision, and 401(k).
About Our Client
Addison Group is partnering with our client, a commercial real estate organization, to identify an experienced Commercial Property Manager. This individual will oversee daily property operations, financial performance, vendor relationships, and tenant satisfaction across a commercial real estate portfolio. The ideal candidate has a strong understanding of commercial property management practices, financial reporting, and property accounting systems.
Job Description
The Commercial Property Manager will be responsible for managing the operational and financial aspects of commercial properties while ensuring buildings are maintained effectively and tenants receive excellent service. This role involves supervising on-site personnel, coordinating vendors and contractors, managing budgets, reviewing financial results, and maintaining positive relationships with property owners and tenants.
Key Responsibilities
- Oversee daily operations, maintenance activities, and overall performance across a portfolio of commercial properties.
- Evaluate building conditions and equipment to determine maintenance needs, staffing requirements, and necessary repairs or improvements.
- Coordinate construction, maintenance, and improvement projects to ensure work meets established standards, timelines, and specifications.
- Review contractor proposals, compare bids, and provide recommendations to property owners regarding vendor selection and project costs.
- Monitor rental collections and coordinate appropriate follow-up and escalation when accounts become delinquent.
- Review and authorize property expenses while maintaining financial accountability and adherence to approved budgets.
- Negotiate vendor agreements, manage contractor relationships, and evaluate the quality and effectiveness of services provided.
- Develop annual operating budgets and monitor property performance against established financial goals.
- Analyze monthly financial reports and prepare reporting for property owners.
- Address tenant concerns promptly and coordinate solutions to maintain positive tenant relationships.
- Support property marketing and advertising initiatives to promote occupancy and attract prospective tenants.
- Calculate annual rent adjustments, operating expense reconciliations, and applicable percentage-based rental charges.
- Maintain compliance with property management agreements and ensure owner expectations and contractual obligations are fulfilled.
- Develop emergency response and evacuation procedures, coordinate drills, and monitor compliance with fire safety and life safety requirements.
- Ensure required safety training is completed and maintain a valid driver's license.
- Supervise on-site engineering and maintenance personnel, including hiring, onboarding, training, work assignments, performance evaluations, and conflict resolution.
- Provide leadership and direction to property staff while addressing employee concerns and supporting effective team performance.
Qualifications
- Required: Previous experience in commercial real estate property management. Candidates without direct commercial property management experience will not be considered.
- Strong understanding of commercial property operations, tenant relations, vendor management, and industry practices.
- Experience with Yardi or another property management accounting or financial software system.
- Knowledge of budgeting, expense management, financial reporting, and rental income administration.
- Previous experience managing contractors, vendors, and on-site property personnel.li>
- Strong communication, organizational, analytical, and problem-solving skills.
- Ability to manage multiple priorities while maintaining accuracy and attention to detail.
- Bachelor's degree preferred, or a combination of relevant education, training, and experience. Candidates should have a degree, approximately five years of related experience, or an equivalent combination of qualifications.
Additional Details
- Must have a valid driver's license.
- Must be able to complete all required safety training.
- Responsibilities may include occasional travel between properties, depending on portfolio needs.
- Must be comfortable overseeing property operations, financial responsibilities, and personnel management.
Perks
- Opportunity to oversee a commercial real estate portfolio.
- Leadership responsibilities with direct involvement in property operations and financial performance.
- Benefits eligibility, including medical, dental, vision, and 401(k).
- Opportunity to apply commercial real estate expertise in a multifaceted property management role.
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.