Property Manager, Somerset Homes & Livingston Homes

Vesta Corporation; Newark (NJ); On-site; USD 55,000 - 85,000; Full time

Benefits offered by this job

Medical, dental & vision insurance

Company matched 401(K)

Paid time off

12 additional paid holidays

Tuition Reimbursement

PetPlan Pet Insurance

Employee Assistance Program

Long & Short-Term Disability Insurance

Job summary

Vesta Management, NJ, Newark, seeks an experienced Property Manager to oversee operations at Somerset Homes & Livingston Homes. The ideal candidate has affordable housing experience (LIHTC and Section 8), strong leadership, and a commitment to resident satisfaction.

The role requires managing leasing, financials, compliance, and staff, while ensuring quality service and regulatory standards across the properties in Newark, NJ.

Qualifications

• Experience with affordable housing programs (LIHTC, Section 8).
• Strong leadership and staff supervision abilities.
• Excellent resident relations and customer service skills.
• Financial budgeting and reporting responsibilities.

Responsibilities

• Oversee day-to-day property operations and staff.
• Meet financial, leasing, compliance, resident retention goals.
• Ensure rents are collected and records kept accurately.
• Coordinate marketing and leasing to maximize occupancy.
• Maintain property safety and regulatory compliance.
• Lead emergency preparedness and safety training.
• Manage vendor relations and contracts.

Skills

Affordable housing

Customer service

Leadership

Resident relations

Budgeting

Job description

Description

Be a part of the best team in Property Management!

Vesta Management, NJ, is seeking to hire an affordable housing experienced, results driven, customer service focused Property Manager to oversee operations at Somerset Homes & Livingston Homes. in Newark, NJ. We're looking for a hands-on leader who is familiar with affordable housing programs such as LIHTC and Section 8, takes pride in operational excellence, and genuinely cares about creating a positive experience for our residents. Join our team and be a part of Vesta’s success story!

What we Offer:

At Vesta, we take pride in hiring the best talent in Property Management. We work hard and we have fun doing so. In addition to our generous benefits package, we offer service awards, performance bonuses, team member appreciation events and opportunities for growth. Our benefits include:

• Medical, dental & vision insurance
• Company matched 401(K).
• Paid time off- Vacation, sick, floating holidays
• 12 additional paid holidays
• Tuition Reimbursement
• PetPlan Pet Insurance
• Employee Assistance Program
• Long & Short-Term Disability Insurance
• AND MORE

The Property Manager is fully accountable for all day-to-day property operations and oversight. This includes meeting financial, leasing, compliance, resident retention, and maintenance goals and standards, and managing all staff to these goals and standards.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Responsible for keeping reception area clean with professional surroundings.
• Preserves and respects resident, applicant, employee and company confidentiality.

Financial:

• Understand and set financial goals and prepare accurate property budget annually.
• Consistently monitor actual results and adjust operations as necessary to achieve or exceed the budgeted financial results.
• Maintain accurate record of all property transactions and process on time (i.e., delinquency reports, move-in/move-outs, etc.)
• Ensure that all rent and late fees/charges etc. are collected, posted and deposited on time.
• Manage the collections, depositing and posting of all rent and late fees/charges, delinquencies, late notices, and legal action as necessary.
• Manage and ensure all Housing Assistance Payments, including special claims are requested and received as applicable.
• Keep vendor/contractor communication, scheduling, billing, vendor relations and certificates of insurance.
• Ensure payables processed for payment, handle petty cash and all funds.

Leasing:

• Ensure property is rented, maximizing the optimum balance between actual rent collected and occupancy.
• Identify markets and secure prospective residents utilizing appropriate marketing strategies.
• Handle marketing outreach to include interacting with neighborhood groups, local employers, community organizations and any other sources of prospecting and lead generation with a focus on converting leads into rentals.
• Conduct marketing surveys and regularly review traffic reports and trends.
• Confirm leasing team techniques are effective in obtaining closing.

Compliance & Administration:

• Implement and maintain procedures and systems in accordance with Vesta SOP.
• Confirm leases and corresponding paperwork are complete and processed accurately and on time.
• Gather, prepare, and execute lease renewals, and intake, prepare, and process interim recertification, annual recertification and other documentation as required by local, state and federal agencies. Secure all required applicant and resident signatures, for administrative processes.
• Ensure resident files are accurately maintained in compliance with all Vesta standards and regulatory requirements.
• Ensure all administrative paperwork is accurate, complete and processed on time.
• Process information in property management software regularly, i.e., work orders, certifications, deposits and all pertinent resident documentation.
• Organize and lead community emergency team. Instruct staff, residents, of proper response and handling of emergencies with buildings, criminal activity, employee/resident injuries, fires, floods, freezes, etc., in accordance with Vesta’s SOP to minimize liabilities.

Resident Retention:

• Fosters a positive, active and collaborative relationship with residents, communities, and associated agencies.
• Listen and address resident concerns and requests to ensure resident satisfaction. If their requests are unreasonable, ensure they receive a timely response regarding our action/inaction.
• Implement or maintain resident retention initiatives (i.e., resident functions, promotions, monthly newsletters, etc.) and distribute property-issued communications/notices (i.e., bad weather, emergency, etc.).
• Consistently implement or maintain property rules and regulations.

Personnel Development & Management:

• Utilize recruitment techniques and policies to interview, hire, and on-board new team members.
• Ensure efficiency of team members through ongoing staff meetings/communications, training, development, counseling, regular performance management, and leadership.
• Ensure property is staffed appropriately, including overseeing maintenance on-call duties with Maintenance Supervisor.
• Ensure administrative processes involving personnel are handled timely (i.e., performance evaluations, salary reviews, Payroll, change of status, etc.).

Maintenance & Safety:

• Coordinate maintenance schedule, projects and needs with Maintenance Supervisor.
• Work with Maintenance to complete monthly maintenance reports i.e. annual apartment inspection tracking, weather reports, etc.
• Regularly walk your community to inspect physical appearance of grounds, common areas, vacancies, and any other amenities, address with Maintenance any deficiencies/necessary repairs, and ensure repairs are logged on a work order and completed timely.
• Work with Maintenance to monitor service contractors for proper completion of contracted duties (i.e., exterminator, landscaper, snow removal, etc.).
• Document capital improvement needs and solicit competitive bids for project(s) completion in accordance with Vesta standards.
• Ensure unsafe conditions are corrected immediately.
• Direct staff to practice “safety first".
• Other duties as assigned by management.

Knowledge, Skills and Abilities:

• Sound judgement and decision-making skills.
• Excellent interpersonal skills; strong verbal communication skills.
• Strong commitment to quality.
• Problem identification and solving ability.
• Able to work independently; self-motivated, takes initiative.
• Leadership/delegation skills.