Actuary
Steadily$120,000 - $160,000/year
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real EstateIndustries
Requirements
- Experience in day-to-day property management and operations for residential properties
- Ability to lead on-site teams and oversee daily activities
- Expertise in achieving budgeted financial goals, including rent collection, leasing goals, resident retention, expense/revenue management, and vendor supervision
- Proficiency in drafting annual budgets and business plans
- Knowledge of market conditions for approving rents, concessions, and amenity pricing using competitive shopping, mystery shoppers, and market research
- Familiarity with property software for reporting on rent rolls, occupancy, lease charges, and compliance
- Understanding of CIM’s Standard Operating Procedures (SOP) for lease execution, including review of lease terms, addendums, and no resident changes without corporate approval
- Skills in marketing, social media management for property events and neighborhood news, and ensuring alignment with revenue/leasing goals
- Capability to track financial performance, deliver monthly variance reports, and explain variances
- Knowledge of building operating systems (e.g., elevators, boilers, cooling systems) and preventive maintenance agreements
- Understanding of the local market for the assigned property
Responsibilities
- Lead the on-site team and oversee daily activities to ensure residential satisfaction and excellent customer service
- Confirm building amenity pricing accuracy by shopping competition and using mystery shoppers/market research
- Approve rents and concessions based on market conditions, availability, and leasing strategy
- Collaborate with resident services and leasing teams to ensure renewals and new leases meet approved pricing
- Monitor and adjust marketing plans to achieve revenue/leasing goals, using property software for recommendations on prospects, tours, and leasing
- Ensure all residential leases are executed per CIM SOP, reviewing rent roll, occupancy, charges, lessee names, and terms monthly
- Enforce correct lease terms and required addendums before execution, obtaining corporate approval for any changes
- Create and approve social media content for on-site events and local news, responding to questions/comments
- Track rent collection to maintain no more than 30 days delinquency (unless eviction pending)
- Create and deliver annual budgets, monthly variance analysis reports, and year-end NOI targets
- Report monthly on financial performance and explain variances
- Ensure building systems (elevators, boilers, central plant cooling) are on approved preventive maintenance agreements
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the Senior Property Manager position?
This information is not specified in the job description.
Is this a remote position or does it require on-site work?
This information is not specified in the job description.
What are the key responsibilities of the Senior Property Manager?
The role involves day-to-day management and operations of the property, leading the on-site team, oversight of daily activities, ensuring residential satisfaction and customer service, achieving financial goals, maintaining property appearance, drafting budgets and business plans, managing leasing, rent collection, resident retention, expense management, and vendor supervision.
What is the company culture like at CIM Group?
CIM Group is a community-focused real estate and infrastructure firm with a diverse team of over 1,000 employees working together to create value in real assets and benefit the communities they invest in, emphasizing an unwavering focus on enhancing communities.
What makes a strong candidate for this Senior Property Manager role?
A strong candidate would have experience leading on-site teams, managing property operations including leasing, budgeting, financial goals, resident retention, and vendor supervision, with a focus on customer service excellence and achieving revenue targets.
CIM Group
Real estate and infrastructure development and management
About CIM Group
CIM Group focuses on real estate and infrastructure, operating as an owner, operator, lender, and developer. The company targets urban areas with significant growth potential, acquiring, developing, and managing properties while also providing loans for real estate projects. Revenue is generated through property rentals, sales, and lending activities. CIM serves a variety of clients, including investors, businesses, and community organizations, and has worked on notable projects like the Dolby Theatre in Hollywood and the Tribune Tower in Chicago. What sets CIM apart from competitors is its strong commitment to community engagement, demonstrated through initiatives such as preparing meals for those with chronic illnesses and creating community gardens. The goal of CIM Group is to be the leading partner for investors and users of real assets that benefit communities.
Los Angeles, CaliforniaHeadquarters
1994Year Founded
$559.3MTotal Funding
DEBT_FINANCINGCompany Stage
Government & Public Sector, Real EstateIndustries
1,001-5,000Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Bereavement Leave
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Professional Development Budget
Wellness Program
Volunteer Time Off
Risks
Rising interest rates could impact CIM's real estate financing costs.
Remote work trends may reduce demand for CIM's commercial office spaces.
Stricter environmental regulations could increase compliance costs for CIM.
Differentiation
CIM Group focuses on community impact through real estate and infrastructure projects.
The company integrates ESG initiatives into its investment and development strategies.
CIM's diverse expertise spans from due diligence to asset disposition.
Upsides
CIM benefits from increased demand for mixed-use developments in urban areas.
The trend towards sustainable building practices aligns with CIM's ESG focus.
CIM's integration of smart technology attracts tenants and buyers.
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