Overview
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry. Job Description POSITION SUMMARY The Associate Property Manager reports to the Senior Regional Property Manager and is responsible for certain administrative functions and assisting in the management of an assigned logistics real estate portfolio. The Associate Property Manager’s objective is to support an assigned property portfolio and to maximize property performance through efficient operational strategies, to maintain high levels of tenant satisfaction, and to meet the overall financial goals of the company. Responsibilities
Responsibilities of this position include invoice processing, contract administration, establishing and monitoring budgets, providing a high level of customer service to tenants, managing vendor partners, supporting the asset management team, and working closely with the other departments within the firm to maximize results. Essential Job Functions
Tenant Services: Executes a high level of customer service to tenants within the portfolio by responding timely and thoroughly to tenant requests and actively meeting and engaging with tenants regularly. Ensures that the move-in/move-out process within their assigned portfolio is being executed timely and efficiently. Maintains low levels of accounts receivable by actively engaging with tenants, processing collection notices, and managing tenant accounts. Prepares tenant correspondence as directed by the Property Manager Property Performance Tracks and codes invoices to ensure accurate and timely processing of expenses for assigned properties. Actively manages vendor partner insurance certificates, purchase orders, work orders, and contract documents. Executes a high level of support to local asset management teams to minimize downtime of vacant units and to maximize tenant retention. Actively manages service contracts to leverage scale, to minimize costs, and to consolidate vendor partners across the portfolio. Tours properties within the assigned portfolio on a regular basis to ensure properties are being maintained to ARES property standards, liabilities are being minimized, and capital projects and other property level projects are being completed in accordance with budget and timing. Completes the annual budget and 10-year capital planning process for the assigned portfolio, in accordance with internal timing expectations, to ensure accurate property-level operating and capital expenses. Actively manages financial performance through expense approvals, strategic property-level spending, monthly financial reporting, property level variance reporting, and expense accrual submittals. Ensures that the onboarding and offboarding of properties through acquisitions/dispositions is coordinated efficiently with the transaction teams. Supports ESG goals by collecting and tracking utility consumption, submitting utility data to regulatory agencies as required, and coordinating with tenant and vendor partners to implement sustainability initiatives. Additional Duties And Responsibilities Assumes additional responsibilities and performs special projects as needed or directed. Qualifications
1-3 years of property management experience handling customer service and administrative issues related to real estate management. Experience supervising, directing, and managing vendor partners. Experience managing and property level financial planning and reporting. Experience managing maintenance capital projects. Proficiency in standard real estate related software programs Ability to communicate effectively with tenants, vendor partners and internal teams. Ability to interpret property-level and corporate documents such as tenant leases, building plans and related specifications, operating and maintenance instructions, and policy manuals. BA or BS in Finance, Real Estate, Business Management; preferred. Travel Requirements & Additional Notes
Work performed in a general office environment. May require extended hours during peak periods. Availability for local travel up to 50% of the time to property and construction sites for on-site project monitoring and meeting attendance. Exposure to adverse weather conditions, loud noise, and dust conditions at construction sites. This position description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ARES. Since no position description can detail all the duties and responsibilities that may be required from time to time in the performance of a job, duties and responsibilities that may be inherent in a job, reasonably required for its performance, or required due to the changing nature of the job shall also be considered part of the jobholder’s responsibility. Reporting Relationships
Compensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role. $75,000 - $85,000 / annum The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit. Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more. There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
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Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry. Job Description POSITION SUMMARY The Associate Property Manager reports to the Senior Regional Property Manager and is responsible for certain administrative functions and assisting in the management of an assigned logistics real estate portfolio. The Associate Property Manager’s objective is to support an assigned property portfolio and to maximize property performance through efficient operational strategies, to maintain high levels of tenant satisfaction, and to meet the overall financial goals of the company. Responsibilities
Responsibilities of this position include invoice processing, contract administration, establishing and monitoring budgets, providing a high level of customer service to tenants, managing vendor partners, supporting the asset management team, and working closely with the other departments within the firm to maximize results. Essential Job Functions
Tenant Services: Executes a high level of customer service to tenants within the portfolio by responding timely and thoroughly to tenant requests and actively meeting and engaging with tenants regularly. Ensures that the move-in/move-out process within their assigned portfolio is being executed timely and efficiently. Maintains low levels of accounts receivable by actively engaging with tenants, processing collection notices, and managing tenant accounts. Prepares tenant correspondence as directed by the Property Manager Property Performance Tracks and codes invoices to ensure accurate and timely processing of expenses for assigned properties. Actively manages vendor partner insurance certificates, purchase orders, work orders, and contract documents. Executes a high level of support to local asset management teams to minimize downtime of vacant units and to maximize tenant retention. Actively manages service contracts to leverage scale, to minimize costs, and to consolidate vendor partners across the portfolio. Tours properties within the assigned portfolio on a regular basis to ensure properties are being maintained to ARES property standards, liabilities are being minimized, and capital projects and other property level projects are being completed in accordance with budget and timing. Completes the annual budget and 10-year capital planning process for the assigned portfolio, in accordance with internal timing expectations, to ensure accurate property-level operating and capital expenses. Actively manages financial performance through expense approvals, strategic property-level spending, monthly financial reporting, property level variance reporting, and expense accrual submittals. Ensures that the onboarding and offboarding of properties through acquisitions/dispositions is coordinated efficiently with the transaction teams. Supports ESG goals by collecting and tracking utility consumption, submitting utility data to regulatory agencies as required, and coordinating with tenant and vendor partners to implement sustainability initiatives. Additional Duties And Responsibilities Assumes additional responsibilities and performs special projects as needed or directed. Qualifications
1-3 years of property management experience handling customer service and administrative issues related to real estate management. Experience supervising, directing, and managing vendor partners. Experience managing and property level financial planning and reporting. Experience managing maintenance capital projects. Proficiency in standard real estate related software programs Ability to communicate effectively with tenants, vendor partners and internal teams. Ability to interpret property-level and corporate documents such as tenant leases, building plans and related specifications, operating and maintenance instructions, and policy manuals. BA or BS in Finance, Real Estate, Business Management; preferred. Travel Requirements & Additional Notes
Work performed in a general office environment. May require extended hours during peak periods. Availability for local travel up to 50% of the time to property and construction sites for on-site project monitoring and meeting attendance. Exposure to adverse weather conditions, loud noise, and dust conditions at construction sites. This position description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ARES. Since no position description can detail all the duties and responsibilities that may be required from time to time in the performance of a job, duties and responsibilities that may be inherent in a job, reasonably required for its performance, or required due to the changing nature of the job shall also be considered part of the jobholder’s responsibility. Reporting Relationships
Compensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role. $75,000 - $85,000 / annum The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit. Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more. There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
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