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Commercial Property Manager

GKR International
Posted 10 days ago, valid for 19 days
Location

London, Greater London EC1R 0WX

Salary

£35,000 - £42,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position offers a competitive salary and requires a minimum of two years of relevant experience in property management.
  • Responsibilities include understanding lease agreements, conducting property inspections, ensuring health and safety compliance, and maintaining insurance coverage.
  • The role also involves updating property management systems, collaborating with the Credit Control Team, and managing contractor compliance.
  • Candidates will prepare service charge budgets, monitor expenditures, and develop long-term maintenance plans while staying informed about industry legislation.
  • The ideal applicant will also mentor junior team members and support business development initiatives within a professional and supportive team environment.
  • Professional & supportive team offering annual training and learning
  • Competitive salary

Property Management Responsibilities

  • Understanding Lease Agreements: Fully comprehend the lease terms for each property to ensure management aligns with RICS standards and legal requirements.
  • Property Inspections: Conduct regular property inspections to verify compliance with lease terms and service standards. Prepare detailed inspection reports, with a minimum of one visit per property annually.
  • Health & Safety Compliance: Ensure all properties adhere to health and safety laws and industry best practices.
  • Insurance Coverage: Maintain appropriate insurance coverage for all properties and manage claims efficiently until resolution.
  • Updating Records: Keep property management systems (e.g., TRAMPS) updated with accurate details, including client, tenant, and contractor information, as well as key dates for rent reviews, lease expirations, and insurance renewals.
  • Credit Control: Collaborate with the Credit Control Team to address and resolve payment issues promptly.
  • Contractor Compliance: Work exclusively with approved contractors who meet company policies and standards.
  • Cost Assessments: Arrange periodic reassessments of rebuilding costs to ensure adequate insurance coverage.
  • Lease Expiries: Maintain and manage the Lease Expiry Checklist to issue notices and dilapidation schedules accurately and on time.
  • Tenant Meetings: Attend tenant meetings as required to address property-related concerns.
  • Routine Visits: Conduct routine inspections of managed properties and complete a detailed inspection report for each visit.
Client Property Management Responsibilities
  • Client Communication: Maintain regular contact with clients (at least biannually or as agreed) to ensure seamless service delivery and address their needs.
  • Client Liaison: Follow client instructions meticulously, maintain comprehensive records, and provide detailed reports on specific projects or issues.
  • Landlord Recommendations: Offer timely advice on landlord improvements and tenant applications for assignments, subletting, or alterations, prioritizing the client’s interests.
  • Collaboration with Agents: Work effectively with letting agents and marketing advisors to achieve property management objectives.
Service Charge Budgeting Responsibilities
  • Budget Preparation: Prepare service charge budgets at least two months before the start of the new financial year and communicate any changes to tenants.
  • Budget Management: Monitor and control budgets throughout the year to ensure expenditures remain reasonable and justified.
  • Financial Oversight: Safeguard and manage financial resources effectively, ensuring proper accounting for all funds.
  • Preventative Maintenance: Develop long-term maintenance plans (spanning 5-10 years) for building repairs and major equipment replacements.
  • Service Charge Recovery: Address disputes promptly and ensure full recovery of service charge costs.
  • Value for Money: Regularly re-tender services to ensure competitive pricing and engage qualified, compliant contractors.
General Responsibilities
  • Stay Informed: Keep up to date with relevant legislation, case studies, and industry best practices.
  • Financial Awareness: Understand the financial aspects of the department’s business model and apply this knowledge effectively.
  • Business Development: Identify potential business opportunities and pursue them or refer them to the appropriate team.
  • Team Support: Mentor junior team members and assist the Head of Department with projects and process improvements.
  • Document Management: Ensure supplier contracts, insurance documents, and critical records are stored electronically for easy access.
Please apply today!

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.