Assistant Property Manager - NewMark Merrill : Job Details

At NewMark Merrill, our unwavering commitment to Doing Retail Better has been the cornerstone of our success over the past 40 years. Through shifting landscapes, economic fluctuations, and industry disruptions, we remain steadfast in our dedication to connecting with communities, cultivating authentic environments, and empowering our tenants to thrive. With offices in Denver, Los Angeles, Sacramento, San Diego, and Chicago, NewMark Merrill proudly owns and manages over 12 million square feet of retail assets, comprised of over 2,000 tenants across 95 communities.As a boutique-sized firm, we offer the best of both worlds: the efficiency of large portfolio economies of scale combined with the agility of swift decision-making and personalized attention from senior leadership. We are more than just landlords; we are partners in success. By fostering close relationships with communities, engaging directly with our merchants and shoppers, and investing in innovative technology and data collection, we provide invaluable insights that empower our tenants to thrive in our centers.By deeply understanding the communities we serve and leveraging world-class technology, we maximize value and curate exceptional experiences that transform visitors into loyal customers. Our commitment to excellence extends beyond transactions; it's about creating lasting impact and fostering sustainable growth.Above all, it's our people who propel NewMark Merrill to new heights of success and innovation. They are ambitious and talented individuals that bring their passion and expertise to our daily endeavors. We promote a welcoming team-oriented environment where we lead with innovation, address challenges head-on, encourage out-of-the-box thinking and celebrate our successes.At NewMark Merrill we strive to elevate the retail experience, one community at a time. We invite you to join us on this journey as we continue to redefine the possibilities of retail.Go to www.newmarkmerrill.com to learn more about the company and its culture.POSITION SUMMARYReporting to a Property Manager, the Assistant Property Manager, will assist in managing the day-to-day operations of a portfolio of shopping centers. This position provides an excellent opportunity for a highly motivated individual to be part of a growing company and continue to expand their knowledge of retail real estate management. ESSENTIAL JOB FUNCTIONSPrepare Tenant correspondenceAssist in collection of delinquent rent and other chargesPrepare Tenant account reconciliations and account adjustmentsAssist with preparation and review of common area maintenance reconciliationsTrack and alert Property Manager of upcoming Tenant rental increasesMaintain and update vendor contracts and promotional agreementsCode and process invoices for paymentAssists with preparation of monthly management reportPrimarily responsible for processing of lease and lease related documentsUnderstand and abstract/research Tenant leasesPrimarily responsible for input of Lease abstracts in MRI and maintaining accuracy of information in MRIAssist with preparation of budgetAssist with Capital repair bidding and coordinationAny other duties/tasks as directed by the Property ManagerRequirements Well-developed organizational, analytical, and problem-solving skills aligned with excellent attention to detail.The ability to work independently and effectively in a fast-paced environment capable of multi-tasking and prioritizing time sensitive tasks.Excellent communication and interpersonal skills.Thorough understanding of retail accounting principles accrual and cash basis accounting, reading and understanding financial statements, understanding of triple net leases, CAM reconciliations and the ability to understand and explain tenant billings.Bachelor's Degree or equivalent combination of education and related experience.2-3 years of experience in property management, preferably in a retail center.California Sales Person License required or must be prepared to take the California Sales Person licensing exam within 3 months of employment.Proficient in MS Office with competency in manipulating/creating Excel spreadsheets to meet reporting, analysis and budgeting requirements.Demonstrated experience with MRI software. Ability to learn and work in client specific property management software.