Federal Realty Investment Trust is sourcing for an experienced Property Manager to be located in our El Segundo, CA office who will manage the operations of a portfolio of 1.2mm square feet of Los Angeles properties consisting of lifestyle retail and office space. The ideal candidate will have the opportunity to utilize their experience to implement new and existing policies/procedures, set up controls and best practices within their assigned portfolio. The Property Manager partners with the financial and strategic directors of the region to be able to enhance the portfolio’s value creation. The candidate must have past retail property management experience that will enable them to be influential in the areas of operations, tenant relations, security, procurement, contract management and risk management in order to achieve maximum productivity and profitability while maintaining the highest level of corporate standards.
Develop and review annual property operating budgets, monitor all purchases and expenses to ensure cost effectiveness and compliance with budget parameters, prepare monthly variance reports and quarterly budget reforecast reports. Develop and maintain positive retail tenant relations by meeting with tenants on a regular basis. Serve as the primary point of contact for all tenants’ daily operating needs including general maintenance, tenant utilities, trash and parking management and respond in a timely manner. Create and maintain operations standards and procedures Create and implement a regional procurement program with effective contract management. Develop and maintain positive tenant relations. Obtain tenant intel on sales and market comps Manage all controllable expenses within budget without compromising the portfolio’s integrity Develop and implement proactive strategies to resolve property operational and compliance-related challenges within portfolio Perform regular site inspections to assess physical property condition, compliance and overall administration Create and maintain long range capital improvements plans. Determine job specifications and competitively bid all large maintenance projects and service agreements. Submit all routine reports including activity reports, variance reports, property inspections, roof inspections and lighting reports in a timely manner. Work cooperatively with Project Managers in Tenant Coordination to expedite the completion of Landlord work, delivery of spaces to tenants and the opening of tenants for business. Perform AR management via phone contacts, in person meetings and collections. Review and report status. Process all payables associated with assigned portfolio in timely manner. Oversee service providers responsible for the day-to-day operational needs of the shopping center including repair and maintenance, landscaping, housekeeping, waste removal, etc., ensuring that property standards are maintained. Understand the significant issues affecting a property's performance. Implement programs or make recommendations to correct problems Qualifications:
Must have 3 to 5 years of direct retail property management experience Bachelor’s Degree preferred Demonstrated ability to work and communicate effectively with tenants and contracted service personnel verbally and in writing Previous past successful supervisory experience of in-house employees Must have a good understanding of financial P&L statements and budgeting Strong computer skills required with demonstrated proficiency in Microsoft Outlook, Excel, and Word Demonstrated positive, professional business approach with a strong emphasis on excellent customer service and satisfaction and a desire to contribute to a successful team Proven ability to be self-motivated and an independent thinker Ability to multi-task, remain highly organized, and thrive in a deadline-driven environment Values
Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.
Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.