Oakbrook Corporation ยท 1 month ago
Director of Facilities & Commercial Property Management
Oakbrook Corporation is seeking a detail-oriented and financially focused Director of Facilities & Commercial Property Management to oversee the financial and operational performance of a portfolio of commercial properties. This leadership role is responsible for developing and executing financial plans, managing budgets, and ensuring the efficient daily operations of each asset.
Real Estate
Responsibilities
Collaborate closely with fellow team members and direct reports to ensure alignment with portfolio goals and operational excellence
Develop and implement annual operating budgets for each property, including revenue forecasting and expense planning
Prepare and analyze reports and property performance data, including financial statements, occupancy trends, and market conditions, to inform strategic decisions and operational efficiency
Prepare and present regular financial reports to senior management and stakeholders
Ensure compliance with budgetary requirements, track variances, and make strategic adjustments as needed
Oversee day-to-day property operations, including tenant relations, maintenance, and vendor coordination
Ensure compliance with all applicable laws, regulations, and company policies
Administer leases accurately and ensure proper execution of lease terms, including CAM and reconciliations
Identify and mitigate operational risks such as insurance claims, tenant defaults, and regulatory issues
Develop and implement risk management strategies to protect asset value and minimize financial exposure
Plan and manage capital expenditure projects to enhance property performance and long-term value
Lead capital projects from initiation through completion, ensuring timely and cost-effective delivery
Qualification
Required
Strong financial acumen and analytical skills, with a focus on property-level budgeting and performance metrics
Celebrates team success and addresses opportunities with a coaching mindset to enhance team member growth and development
Excellent communication and interpersonal skills for team, tenant, vendor, and stakeholder engagement
Ability to work independently and manage multiple priorities with minimal supervision
Proficiency in property management and accounting software (e.g., Yardi, MRI, AppFolio, Buildium) and Microsoft Office Suite
Strong organizational skills and attention to detail
Valid driver's license required
Minimum of 10 years of experience in commercial property management, with demonstrated financial oversight
Experience with CAM reconciliations and lease administration required
Ability to sit at a desk for extended periods
Ability to walk properties, including stair access, for inspections and site visits
Preferred
Professional certification in real estate or related field (e.g., CCIM, CRE)
Benefits
Medical
Dental
Vision
401k
PTO
Paid Holidays
And more