Portfolio Manager - Property Management

Newmark Group Inc.

  • brentwood, NY
  • 26 days ago

    Highlights

    We are seeking an experienced Portfolio Manager with strong financial skills to oversee a mixed portfolio of commercial properties, with residential property management experience considered a strong plus. This role requires a detail-oriented professional who can manage financial reporting, tenant relations, lease administration, and day-to-day operations across the portfolio.

    Numbers & Facts

    Locationbrentwood, NY

    Description

    We are seeking an experienced Portfolio Manager with strong financial skills to oversee a mixed portfolio of commercial properties, with residential property management experience considered a strong plus. This role requires a detail-oriented professional who can manage financial reporting, tenant relations, lease administration, and day-to-day operations across the portfolio.

    Key Responsibilities

    Financial Management & Reporting

    • Prepare and analyze monthly financial reports
    • Develop and manage property budgets, including variance analysis
    • Process and manage monthly tenant charges and billing

    Property Management Systems

    • Run and interpret reports using MRI and/or Yardi software
    • Maintain accurate data within property management systems

    Lease Administration

    • Review, interpret, and understand residential leases
    • Complete lease abstracts, capturing key terms, dates, and financial obligations
    • Track critical lease dates (renewals, expirations, escalations)

    Tenant Relations

    • Serve as primary point of contact for tenant correspondence
    • Address tenant inquiries related to billing, leases, and property operations
    • Build and maintain positive tenant relationships to support retention

    General Portfolio Oversight

    • Work independently to prioritize and resolve portfolio-related issues
    • Coordinate with internal teams as needed

    Qualifications

    • Proven experience in commercial property/portfolio management
    • Residential financial management experience is a plus
    • Strong working knowledge of MRI and/or Yardi (running and reading reports)
    • Demonstrated understanding of commercial leases and lease abstraction
    • Experience with budgeting and financial reporting for real estate portfolios
    • Advanced proficiency in Microsoft Excel
    • Excellent written and verbal communication skills
    • Self-motivated with the ability to work independently and manage competing priorities

    Similar Jobs