SENIOR PORTFOLIO MANAGER

Institute of Real Estate Management (IREM); Braintree, Northern (MA, KY); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Peabody Properties in Massachusetts seeks a Senior Portfolio Manager to oversee a portfolio's operations, finances, and compliance. You will lead property management, leasing, and maintenance teams to achieve financial and market goals.

Responsibilities include LIHTC/HUD compliance, budget preparation, and staff supervision with weekly site visits to inspect operations and ensure quality service.

Qualifications

• High School Diploma or GED with at least 5 years in property management.
• Extensive knowledge of OneSite; proficient in Word, PowerPoint and Excel.
• LIHTC recertification / Project base Section 8 experience required.
• Strong communication, organizational, writing and computer skills.

Responsibilities

• Oversee all facets of portfolio operations including resident relations, budgeting and compliance.
• Lead property management, leasing, maintenance teams to meet short and long-term objectives.
• Ensure LIHTC and HUD compliance and adherence to regulations.
• Review budgets and monitor income/expenses against guidelines.
• Hire and supervise site staff; conduct performance appraisals.
• Visit sites weekly to inspect operations and condition of buildings.

Skills

Strong communication

Organizational skills

Writing skills

Computer skills

Education

High School Diploma or GED

Tools

OneSite

Microsoft Word

PowerPoint

Excel

Job description

Need a new job or looking to hire an IREM professional? Look here for local opportunities posted by our chapter.

For job searches that are national in scope, register today on IREMJobs.org , an online career resource for real estate management professionals and employers.

Job Posting
Sep. 16, 2026

SENIOR PORTFOLIO MANAGER

The Senior Portfolio Manager is responsible for the physical, financial and administrative operations of the
buildings within his/her portfolio. This individual will oversee a medium to large portfolio in close geographic
areas and is responsible for achieving satisfactory financial performance goals and marketability of the
communities they oversee. Effectively develops and leads strong property management, compliance, leasing,
maintenance teams to accomplish short and long-term objectives for their assigned portfolio.

Responsibilities include overseeing all facets of property operations with expertise in the areas of resident
relations, government housing regulations, budgetary analysis, consistent execution of revenue collection and
expense management practices, and staff supervision, training, development and retention.

Functions of the Position:

• Monitors and ensures program and regulatory compliance with the LIHTC and/or HUD program(s)
• Prepares rent increase submission according to federal/state guidelines
• Inspects office files to assure accuracy and compliance with federal/state regulations
• Provides support for information required by owners, investors, lenders and agencies for their portfolio
• Prepares and/or oversees annual operating budget, monitors compliance within budget constraints
• Completes and oversees processing of all resident certification/recertification forms
• Supervises maintenance and site office staff including preparation of performance appraisals, corrective
  discipline, priority setting and conflict resolution
• Visits all sites on a weekly basis to inspect property and review physical operations
• Makes cost effective recommendations to the Director of Portfolio Operations/VP of Affordable Housing/
  EVP of Operations concerning operation of buildings
• Conducts financial results and reviews with Senior Property Managers and Property Managers on a routine
  basis
• Analyzes actual income and expenses against approved budget guidelines
• Conducts periodic resident meetings to alleviate management/tenant conflicts and promote feasible
  management/tenant relationship
• Oversees preparation and updates to resident handbooks
• Reviews all bills and approves for payment invoices up to $7,500
• Prepares and/or approves all billings/vouchers for subsidy reimbursement
• Attends and testifies where necessary, court hearings/cases as requested by Company attorney
• Coordinates hiring, in-house postings, and terminations with the People and Culture department
• Oversees all EEO and management reviews conducted by federal/state representatives. Implements
  corrective measures when specific results are unsatisfactory
• Manages, trains, and develops Senior Property Managers and Property Managers
• Monitors affirmative marketing outreach efforts of staff to attain or exceed minority goal
• Periodically reports to project owners on building status, if applicable, via written or phone
  communication
• Enforces and adheres to company policies, rules and regulations
• Such other duties as may be assigned by the Director of Portfolio Operations/VP of Affordable Housing/
  EVP of Operations as deemed necessary to the overall operation of the building

536 Granite Street
Braintree, MA 02184
P: 781.794.1000 | F: 781.794.1001
WeArePeabody.com
Peabody Properties | Peabody Resident Services | Peabody Real Estate | Peabody Miami
536 Granite Street, Braintree, MA 02184 | P: 781.794.1000 | F: 781.794.1001 | WeArePeabody.com

Qualifications for the Position:

• High School Diploma or GED with a minimum of 5 years of related property management experience
  conducting recertification, providing clerical and administrative support
• Extensive knowledge of OneSite, proficiency with Microsoft Word, PowerPoint, and Excel
• LIHTC recertification/Project base section 8 experience required
• Strong communication, organizational, writing, and computer skills

Department: Operations
Accountability: Director of Portfolio Operations/VP of Operations
Supervisory Responsibility: Site office and maintenance staff within his/her portfolio

536 Granite Street
Braintree, MA 02184
P: 781.794.1000 | F: 781.794.1001
WeArePeabody.com