CFT Associate Property Manager
Panda Restaurant Group, Pasadena, California, United States, 91122
Summary Of Job Description
The CFT Associate Property Manager (APM) is responsible for the overall performance and profitability of assigned commercial real estate portfolio by controlling costs, maintaining excellent tenant relations, and maximizing the potential of each property through quality control and operations management. The CFT APM manages vendors and service contracts, maximizing opportunities for enhanced service quality, improved operating efficiency, cost savings, and maintains CFT standard for property appearance and tenant satisfaction.
The CFT APM coordinates with vendors to resolve property repair and maintenance issues independently on a timely basis. The CFT APM reviews recurring charges in Yardi for all tenants to ensure accuracy and makes billing changes and corrections as needed. This position confirms the coding of property invoices (e.g., property tax, utility, repair and maintenance invoices) is accurate and payment is processed on a timely basis. The CFT APM must prepare annual operating budgets and conduct annual reconciliation for the assigned properties.
Job Responsibilities
Prepare annual property budgets, maximize net operating income, and continually add value to the assets. Review and analyze property financial statements to assess asset viability. Approve expenditures within specified budgetary guidelines. Audit, approve, and ensure proper GL code is used on all property invoices (property tax, utility, repair and maintenance invoices) to ensure timely payment.
Input executed leases, renewals, assignments, escalations, and amendments into Yardi to ensure accurate reporting. Directly responsible for rent collection of all tenants in assigned portfolio and timely deposit of rents. Review and reconcile tenant rent and CAM and other NNN recovery charges. Build relationships with tenants.
Ensure all properties are maintained and repairs are executed timely and cost‑effectively. Select contract services, negotiate service agreements, and monitor vendor performance to assure full compliance with service‑agreement standards.
Accept and set up new developed properties delivered by construction and new acquisitions by the real estate team.
Conduct periodic property inspections and ensure first‑class property condition, including grounds and common area maintenance, according to the standards that distinguish CFT properties.
Review performance of all improvement work performed on each property (capital and tenant improvements) to ensure high quality. Work with third‑party facility managers, vendors, and tenants to resolve repair and maintenance issues. Follow up to ensure all issues are resolved efficiently and cost‑effectively.
Engage in annual operational planning to identify opportunities and set measurable business objectives for the upcoming year.
Perform special assignments and manage assigned tasks as directed.
Assist management team on mentoring new associates on day‑to‑day operations.
How We Reward You
Hybrid remote schedule
401(k) with company match
Yearly bonus opportunity*
Full medical, dental, and vision insurance*
On‑site fitness center, biometric screen, and flu shot clinic
Discounts at Panda restaurants, theme parks, and gym memberships
Paid time off starting at 15 days with 7 federal holidays*
Continuous education assistance and scholarships*
Income protection including Disability, Life and AD&D insurance*
Bereavement leave*
Benefits available for eligible permanent full‑time associates
Your Background & Experience
Bachelor’s degree in Business or related field required
Minimum five years of relevant experience required
Yardi experience required
Candidate for IREM CPM, BOMA RPA, or ICSC CSM
Successful completion of initial and periodically required training
Obtaining a valid Food Handlers Card within 30 days of employment is a requirement of this position.
Pay Range: P3: $90,000 - $126,500 / Annual. Within the range, individual pay is determined using various factors, including work location and experience.
Panda Strong Since 1983 Founded in Glendale, California, we are now the largest family‑owned American Chinese Restaurant concept in America. With close to 2,300 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it’s impacting our team or the communities we work in, we’re proud to be an organization that embraces family values.
You’re Wanted Here Panda Restaurant Group, Inc. is an Equal Opportunity Employer and is committed to providing equal opportunity, and does not discriminate on the basis of any characteristic protected by law, including but not limited to sex/gender (including pregnancy, childbirth, lactation and related conditions), gender expression, race, color, religion, national origin, sexual orientation, gender identity, disability, age, ancestry, medical condition, genetic information, marital status, and veteran status. Additionally, Panda Restaurant Group, Inc. complies with all federal, state, and local laws regarding requests for workplace accommodation. The Americans with Disabilities Act (ADA) prohibits discrimination against qualified individuals on the basis of disability. Applicants are entitled to reasonable accommodations, absent undue hardship, to effectively participate in the application and hiring process, for example, sign language interpreters. If you believe you require an accommodation for the application or interview process or for the position for which you are applying, please reach out to TASupport@PandaRG.com.
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The CFT APM coordinates with vendors to resolve property repair and maintenance issues independently on a timely basis. The CFT APM reviews recurring charges in Yardi for all tenants to ensure accuracy and makes billing changes and corrections as needed. This position confirms the coding of property invoices (e.g., property tax, utility, repair and maintenance invoices) is accurate and payment is processed on a timely basis. The CFT APM must prepare annual operating budgets and conduct annual reconciliation for the assigned properties.
Job Responsibilities
Prepare annual property budgets, maximize net operating income, and continually add value to the assets. Review and analyze property financial statements to assess asset viability. Approve expenditures within specified budgetary guidelines. Audit, approve, and ensure proper GL code is used on all property invoices (property tax, utility, repair and maintenance invoices) to ensure timely payment.
Input executed leases, renewals, assignments, escalations, and amendments into Yardi to ensure accurate reporting. Directly responsible for rent collection of all tenants in assigned portfolio and timely deposit of rents. Review and reconcile tenant rent and CAM and other NNN recovery charges. Build relationships with tenants.
Ensure all properties are maintained and repairs are executed timely and cost‑effectively. Select contract services, negotiate service agreements, and monitor vendor performance to assure full compliance with service‑agreement standards.
Accept and set up new developed properties delivered by construction and new acquisitions by the real estate team.
Conduct periodic property inspections and ensure first‑class property condition, including grounds and common area maintenance, according to the standards that distinguish CFT properties.
Review performance of all improvement work performed on each property (capital and tenant improvements) to ensure high quality. Work with third‑party facility managers, vendors, and tenants to resolve repair and maintenance issues. Follow up to ensure all issues are resolved efficiently and cost‑effectively.
Engage in annual operational planning to identify opportunities and set measurable business objectives for the upcoming year.
Perform special assignments and manage assigned tasks as directed.
Assist management team on mentoring new associates on day‑to‑day operations.
How We Reward You
Hybrid remote schedule
401(k) with company match
Yearly bonus opportunity*
Full medical, dental, and vision insurance*
On‑site fitness center, biometric screen, and flu shot clinic
Discounts at Panda restaurants, theme parks, and gym memberships
Paid time off starting at 15 days with 7 federal holidays*
Continuous education assistance and scholarships*
Income protection including Disability, Life and AD&D insurance*
Bereavement leave*
Benefits available for eligible permanent full‑time associates
Your Background & Experience
Bachelor’s degree in Business or related field required
Minimum five years of relevant experience required
Yardi experience required
Candidate for IREM CPM, BOMA RPA, or ICSC CSM
Successful completion of initial and periodically required training
Obtaining a valid Food Handlers Card within 30 days of employment is a requirement of this position.
Pay Range: P3: $90,000 - $126,500 / Annual. Within the range, individual pay is determined using various factors, including work location and experience.
Panda Strong Since 1983 Founded in Glendale, California, we are now the largest family‑owned American Chinese Restaurant concept in America. With close to 2,300 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it’s impacting our team or the communities we work in, we’re proud to be an organization that embraces family values.
You’re Wanted Here Panda Restaurant Group, Inc. is an Equal Opportunity Employer and is committed to providing equal opportunity, and does not discriminate on the basis of any characteristic protected by law, including but not limited to sex/gender (including pregnancy, childbirth, lactation and related conditions), gender expression, race, color, religion, national origin, sexual orientation, gender identity, disability, age, ancestry, medical condition, genetic information, marital status, and veteran status. Additionally, Panda Restaurant Group, Inc. complies with all federal, state, and local laws regarding requests for workplace accommodation. The Americans with Disabilities Act (ADA) prohibits discrimination against qualified individuals on the basis of disability. Applicants are entitled to reasonable accommodations, absent undue hardship, to effectively participate in the application and hiring process, for example, sign language interpreters. If you believe you require an accommodation for the application or interview process or for the position for which you are applying, please reach out to TASupport@PandaRG.com.
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