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Cushman & Wakefield · 10 hours ago

Associate Director (CRE)

Washington, District of Columbia, USA

Full-time

Onsite

Lead/Staff, Director/Executive

$106K/yr - $125K/yr

8+ years exp

Cushman & Wakefield is a leading global real estate services firm, and they are seeking an Associate Director (CRE) to manage national or local accounts. The role involves providing accurate information for portfolio management, ensuring compliance with financial practices, and maintaining client relationships.

CommercialCommercial Real EstateConsultingLeasingLegalProperty Management

Responsibilities

Provide leadership for markets which are geographically or functionally distinct and demonstrate ability to implement business unit strategy

Develop and maintain both a communication style and relationship that fits the client’s preferred style

Demonstrate proactive customer service regarding all aspects of account management

Communicate proactively, first when performance is not meeting expectations, and second when performance meets or exceeds expectations

Regularly associate with tenants to insure their reasonable satisfaction with building operations. Interact with tenants along with Property Manager on problems that may occur

Coordinate and/or prepare reports, annual budgets, and other documents for clients in accordance with management and other agreements, and in accordance with instruction received from the client. Preparation responsibility relates primarily to financial information and adherence to leasing guidelines. Review information and variances with Property Management Team

Participate in the preparation of annual budgets and any revisions thereto and also oversee operating compliances with budget approved by clients

Ensure completion of property tax administration and supervise services rendered by property tax consultant

Ensure administration of property and liability insurance requirement

Ensure compliance with the purchase order system, contracts, policies and procedures, and accounting requirements established by clients

Oversee the billing process, including payment of invoices and disbursement of funds. Monitor cash flow and/or cash requirements in conjunction with the Property Manager to assure efficient use of cash

Assist the Client/Asset Manager and Property Manager in determining proper cost allocations, identification of any re-billable cost, proper accounting for inventories, purchasing procedures, and any special accounting problems

Responsible for maintaining desired internal financial benchmarks for each asset with the portfolio as defined by the Director and Asset Manager. This includes occupancy levels, income levels, delinquency percentage, IRR and cash flow

Monitor cash flow and/or cash requirements in conjunction with the Property Manager to assure efficient use of cash

Coordinate construction projects with Construction Manager and Property Manager and approve construction contract documents and final invoices

Effectively staff and develop bench strength and succession planning – positioning for new business

Regularly inspect properties with staff

Conduct annual performance evaluations and career path discussions. Oversee and ensure that all property management and maintenance staff receive an annual performance evaluation

Analyze and make recommendations regarding property staffing needs, personnel performance issues, salary administration, personnel promotions and training and career development

Qualification

Real Estate LicenseCPMRPA CertificationFinancial AcumenMicrosoft Office SuiteLeadership SkillsCommunication ProficiencyCustomer/Client FocusTime Management SkillsProblem Solving

Required

Bachelor's Degree in Business or related discipline

8+ years of real estate property management or related experience

5+ years of supervisory experience

CPM and/or RPA comparable experience in a senior leadership role

Real Estate License

Ability to monitor and anticipate trends and changes within the industry

Advanced knowledge of Microsoft Office Suite

Demonstrate initiative through taking on additional assignments and responsibilities

Demonstrate advanced problem solving and deal with a variety of options in complex solutions. Requires expert level analytical and quantitative skills