Property operations Executive

Shri Bkr Exports

United States

Remote

USD 67,000 - 101,000

Full time

4 days ago
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Job summary

Yokam Asset Management in Frankfurt seeks a Property Operations Executive to own the end-to-end operating cycle of our portfolio while working remotely from India. You will scout flats, model feasibility, oversee furnishing, manage occupancy and compliance, and coordinate with landlords and vendors to maximise margins.

The role emphasizes tenant onboarding, lease administration, and rigorous cost control across properties.

Qualifications

  • Experience in property operations, facility management, co-living, or hospitality operations.

Responsibilities

  • Scout flats near universities, business districts, and transport hubs with landlord consent.
  • Build property-level feasibility models (head rent vs total room income).
  • Oversee furnishing and fit-outs for new properties within budget.
  • Manage room listings 60 days prior to tenancy end to minimize vacancies.
  • Screen applicants with ID, income/enrolment proof, and credit checks; process deposits.

Skills

Property operations
Vendor management
Financial modeling
MS Excel / Sheets
Cross-functional coordination

Tools

MS Excel
Google Sheets

Job description

About the Role:

Yokam Asset Management operates furnished shared apartments in Frankfurt on a master-lease model. We secure head leases from landlords, furnish the apartments, and sub-let individual rooms to students and working professionals on fixed-term agreements with all-inclusive rent covering utilities, Wi‑Fi, and regular cleaning services.


We are looking for a Property Operations Executive to own and manage the end-to-end operating cycle of our Frankfurt portfolio remotely in india.


Key Responsibilities:


  • Portfolio Expansion & Sourcing: Scout flats near universities, business districts, and transport hubs, ensuring written landlord consent for room sub‑letting.

  • Financial Modeling: Build property‑level feasibility models (head rent vs. total room income) targeting a minimum gross margin of 30% to 40%.

  • Property Setup & Fit‑Out: Oversee furnishing and fit‑outs for new properties according to standard room/kitchen specifications while staying within budget.

  • Occupancy & Listing Management: Manage room listings 60 days prior to tenancy end dates to minimize vacancy gaps.

  • Tenant Onboarding & Vetting: Screen applicants (ID, proof of income/enrolment, credit checks, guarantors) and process security deposits.

  • Lease & Documentation Compliance: Issue sub‑leases, landlord confirmations, and city registration paperwork while keeping document trackers updated per room.

  • Facilities & Maintenance Operations: Manage cleaning schedules, safety protocols, and property maintenance tickets while recording repair cost recoveries.

  • Community & Rule Enforcement: Enforce house rules regarding hygiene, heating, ventilation, waste separation, and quiet hours.

  • Financial Tracking & Utility Control: Maintain monthly cashflow trackers per property, track net margins, and audit utility bills against baselines.

  • Move‑Outs & Settlements: Conduct move‑out walkthroughs against signed inventory protocols and prepare itemised deposit settlements.


Requirements:


  • Experience: 3-6 years in property operations, facility management, co‑living, student accommodation, or hospitality operations.

  • Financial Accountability: Proven experience managing a cost line, occupancy target, or property P&L.

  • Tools & Systems: Advanced proficiency in MS Excel or Google Sheets for cashflow tracking, occupancy logs, and ticket management.

  • Vendor Operations: Hands‑on experience coordinating with vendors, contractors, and service providers on SLAs and rates.

  • Compliance & Detail: High documentation discipline ensuring signed agreements and verifications are complete prior to check‑in.


Good to Have:


  • Prior experience in co‑living, PG, or student housing operations.

  • Familiarity with German tenancy practices (sub‑letting consent, deposit holdbacks, Anmeldung support).

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