Property Manager

Socket.dev; West Des Moines (IA); On-site; USD 70,000 - 100,000; Full time

Job summary

Socket.dev is seeking an experienced Property Manager to oversee a diversified portfolio of commercial and residential properties. You will drive financial performance, budgeting, leasing compliance, and CapEx planning while ensuring risk controls and tenant satisfaction.

The role requires strong financial acumen, multi-state compliance knowledge, and leadership to coordinate with asset management, leasing, accounting, and on-site staff. This position is on-site in West Des Moines, IA.

Qualifications

• Bachelor’s degree in Real Estate, Business Administration, Finance, or related field preferred.
• 5+ years of property management experience with commercial and/or mixed-use portfolios.
• Strong financial acumen including budgeting, forecasting, and NOI analysis.
• Experience with lease administration, CAM reconciliations, and vendor management.
• Knowledge of multi-state regulatory and compliance requirements.

Responsibilities

• Own property-level financial performance and manage operating budgets.
• Monitor income, expenses, variances, and forecasts; address underperformance.
• Identify cost-saving opportunities without compromising asset quality.
• Lead CapEx planning, vendor selection, scheduling, and quality control.
• Oversee lease compliance, rent escalations, reconciliations, and recoveries.
• Manage vendor contracts, bids, and ensure contract compliance.
• Ensure regulatory compliance, risk management, and safety protocols.
• Provide leadership to on-site staff and align with cross-functional teams.

Skills

Property management

Budgeting

Forecasting

NOI analysis

Lease administration

Vendor management

Regulatory compliance

Leadership

Cross-functional collaboration

Education

Bachelor’s degree in Real Estate, Business Administration, Finance, or related field

Tools

Property management software

Financial reporting tools

Microsoft Office

Job description

Job Summary:

The Property Manager is responsible for the overall operational, financial, and physical performance of a designated portfolio of commercial and residential properties. This role serves as a key liaison between ownership, asset management, vendors, and on-site teams, ensuring properties operate efficiently, remain compliant, and achieve optimal Net Operating Income (NOI).

The Property Manager provides strategic oversight of budgets, leasing compliance, capital planning, vendor relationships, and cost controls while maintaining high standards of tenant service and regulatory compliance.

Key Responsibilities:

Property Performance & Financial Management

• Own property-level financial performance, ensuring adherence to approved operating budgets.
• Monitor income, expense, variances, and forecasts; proactively address underperformance.
• Identify cost-saving opportunities and expense reduction strategies without compromising asset quality or tenant satisfaction.
• Support and implement NEO optimization initiatives, including rent optimization, expense controls, recovery strategies, and operational efficiencies.
• Collaborate with asset management and leadership on annual budgets, reforecasts, and long-term financial planning.

Lease Administration & Compliance

• Oversee lease compliance for both commercial and residential tenants.
• Ensure accurate execution of lease terms, including rent escalations, CAM reconciliations, operating expense recoveries, and compliance obligations.
• Coordinate with leasing, legal, and accounting teams to address issues, amendments, renewals, defaults, and enforcement actions.
• Ensure tenant compliance with use clauses, insurance requirements, maintenance obligations, and regulatory standards.

Capital Improvements & Asset Preservation

• Identify capital improvement needs and prioritize projects based on asset condition ROI, and long-term value.
• Assist with development of capital expenditure (CapEx) budgets and timelines.
• Oversee planning and execution of capital projects, including vendor selection, scheduling, and quality control.
• Ensure projects are completed on time, within budget, and aligned with ownership objectives.

Vendor & Contract Management

• Manage vendor relationships and service contracts, including maintenance, landscaping, janitorial, security, utilities, and professional services.
• Solicit bids, negotiate contracts, and ensure compliance with contract terms, safety requirements, and service-level expectations.
• Approve invoices and ensure alignment with budgets and contract agreements.

Operations & Risk Management

• Ensure properties are maintained in compliance with local, state, and federal regulations.
• Oversee risk management practices, including insurance compliance, incident reporting, and safety protocols.
• Address tenant issues and escalations in a timely, professional manner.
• Ensure emergency preparedness and response procedures are followed.

Leadership & Collaboration

• Provide leadership and guidance to on-site property management staff (if applicable).
• Partner with leasing, accounting, construction, and asset management teams to align operational execution with strategic goals.
• Serve as a trusted advisor to ownership and senior leadership regarding property performance and operational opportunities.

Requirements and Qualifications:

• Bachelor’s degree in Real Estate, Business Administration, Finance, or a related field (preferred).
• 5+ years of property management experience, with demonstrated responsibility over commercial and/or mixed-use portfolios (preferred – multi-family property management accepted).
• Strong financial acumen, including budgeting, forecasting, and NOI analysis.
• Proven experience with lease administration, CAM reconciliations, and vendor management.
• Knowledge of multi-state regulatory and compliance requirements.
• Proficiency with property management software, financial reporting tools, and Microsoft Office.
• CPM™, RPA™, or similar professional designation preferred.