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What You Will Be Doing
The Property Management Representative provides essential support and assistance to various business units and departments within ACI, focusing on core property management duties and projects.
The position will be based in Itasca - the Chicago Metropolitan Area.
Main Responsibilities
- Managing Tenants: Interprets and explains lease language to ensure Albertsons' rights are protected and obligations met. Handle tenant inquiries, concerns, and complaints promptly and professionally. Manage coordination of tenant maintenance projects. Collect and verify tenant insurance certificates to confirm compliance with lease requirements.
- Waivers: Facilitates the timely processing of waiver requests from landlords and co-owners, adhering to processing standards and KPIs. Ensure all relevant information is accurately entered into the real estate platform.
- Defaults: Supports the resolution of defaults by addressing pre-default notices from landlords. Collaborate with divisional Property Managers and the legal team to resolve issues swiftly and effectively.
- Operational Support: Processes AP invoices for CAM Director properties accurately and on time. Assist in the formulation of CAM Director budgets. Review and provide initial approval of tenant CAM reconciliations prepared by the Company’s RE Processing team. Support divisional and corporate projects, such as Drive Up and Go, store recycling programs, parking lot initiatives, and seasonal sales in common areas.
- CAM Reconciliation: Monitors tenant accounts to decrease aged AR and coordinates an escalation plan if AR exceeds 60 days. Analyze tenant financials and propose corrective actions to resolve AR issues. Assist in the preparation of tenant budgets.
- Data Management: Performs data entry tasks to update the real estate platform and generate necessary reports. Occasionally participate in property inspections, focusing on tenant shop spaces.
- Special Projects and Ad Hoc Tasks: Support and manage special projects and ad hoc tasks as assigned, ensuring they are completed efficiently and effectively.
The salary range is $54,600 to $71,040 annually. Starting salary will vary based on criteria such as location, experience, and qualifications. There may be flexibility for exceptional candidates. Benefits may include medical, dental, vision, disability and life insurance, sick pay (accrued based on hours worked), PTO/Vacation Pay (accrued based on hours worked) or Flexible Time Off, paid holidays (8-9 days annually), bereavement pay, and retirement benefits (such as 401(k) eligibility).
A copy of the full job description can be made available to you.
What We Are Searching For
- Bachelor’s degree with emphasis on real estate, lease management, property management or general business preferred and/or, 5 to 7 years of previous experience in real estate accounting, property management and/or lease administration.
- Demonstrate an in-depth understanding of real estate leases, common area maintenance agreements, profit and loss statements and financial accounting.
- Exhibit strong management and leadership skills with the ability to motivate and collaborate with others to achieve desired results.
- Possess strong written and verbal communication skills.
- Thrive in a demanding environment where multiple obligations need simultaneous attention.
- Identify and deliver solutions to complex problems effectively.
- Navigate a corporate environment, interacting with multiple internal business units and outside parties proficiently.
- Maintain an ownership attitude with a strong ability to prioritize issues vying for action.
- Think critically and creatively to solve problems.
- Show basic familiarity with lease management software, Microsoft Suite, Excel, Word, and PowerPoint.
- Able to travel periodically to visit properties for training purposes.
What is it like at Albertsons?
Our 290,000 associates have a passion for great service and building lasting relationships with our customers. Through a companywide focus on innovation, we are continually enhancing our digital and product offerings, making it easy for customers to get what they need, wherever they are.
Albertsons is an Equal Opportunity Employer
This Company is an Equal Opportunity Employer, and does not discriminate on the basis of race, gender, ethnicity, religion, national origin, age, disability, veteran status, gender identity/expression, sexual orientation, or on any other basis prohibited by law. Consistent with applicable state and local law, the Company will consider for employment qualified applicants with arrest and conviction records.
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