Property Manager

Duties & Responsibilities

General Purpose

Responsible for the overall management of assigned residential or commercial properties to satisfy the requirements of the ownership and tenants, to preserve and increase the value and integrity of the properties and to meet the financial objectives of the ownership and management.

Main Job Duties and Responsibilities

Marketing

• implement marketing initiatives to achieve occupancy goals
• manage and control advertising budgets
• advertise and fill vacancies
• obtain referrals from existing tenants
• process applications and follow up with applicants
• promote and show properties to prospective tenants
• interview, qualify and place tenants
• maintain updated availability reports
• keep rental at optimum capacity
• maintain in-depth knowledge of market conditions

Administrative

• negotiate, prepare, and enforce leases
• complete all required paperwork for new tenants
• collect security deposits
• ensure the premises is ready for new occupants
• maintain all statutory required records
• ensure compliance with relevant laws and regulations
• enforce terms of rental agreements

Financial

• establish appropriate rental rates by conducting market research, determining costs, and considering profit goals
• prepare and distribute monthly statements
• ensure timely payments and collections
• minimize rental arrears
• coordinate default proceedings
• schedule expenditures
• check and pay invoices
• prepare annual budgets
• analyse and correct budget variances
• keep accurate and up-to-date financial records
• prepare weekly and monthly financial reports

Desired Experience & Qualification

5 years' experience

Relevant diploma / degree

Package & Remuneration

Negotiable