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Property Manager Role Profile

Purpose of the Property Manager role:

Property management is focused on the day-to-day management of properties. A Property Manager is tasked with the management of a designated pool of assets. They will be accountable for the day-to-day management of all operational elements of an asset.

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Key Responsibilities of a Property Manager:

The responsibilities of a Property Manager will vary depending on the nature of the company they are employed by, most notably varying between consultancy side and client-side roles. As Falmouth Fairfax is a predominately client-side focused recruiter, we will discuss the client-side Property Manager role profile in this information page.

Client-side property management roles often include some direct management but are usually focused on overseeing the day-to-day property management of an assigned portfolio of assets via a property management advisor (a property management team in a consultancy).

Typical role responsibilities include:

  • Property management across a designated portfolio of properties in a proactive manner with the aim of preserving and enhancing asset value.

  • Instruction and oversight of Managing Agents on a range of matters typically including:

      • Rent, service charge and insurance collection.

      • Preparation of annual service charge budgets, managing expenditure in line with the budget and providing annual reconciliation.

      • Tenant applications for sub-letting, assignment or alterations.

      • Processing maintenance, repairs and insurance events.

  • Ensuring compliance with the relevant health and safety legislation.

  • Regularly inspect the properties and meet tenants.

  • Provide regular reports and keep the Asset Managers informed of any property management issues.

  • Assist with the implementation of asset strategies in line with strategic investment objectives.

  • Identify opportunities to create additional asset value through inspections and communication with tenants and managing agents.

  • Maintain a diary of rent reviews, renewal and break notices using management software.

  • Maintain and engage with suppliers/contractors/facilities services, to ensure optimum value and transparency.

Candidate Requirements:

  • A property degree

  • Qualified Chartered Surveyor

  • Experience and skill base required in relation to service charge strategy and management, alteration approval, sustainability and property insurance.

  • Good understanding of leasing; rent reviews, renewals, dilapidations and refurbishment process.

  • Excellent customer facing skills.

  • The ability to appreciate the needs and opportunities within a portfolio and communicate this to the asset management team.

  • Some companies will seek Health and Safety management experience IOSH Managing Safely qualification, or similar.

Remuneration:

Property Management packages vary but will typically have some benefits attached to them as well as an annual discretionary bonus. Broad client-side property management salary ranges are detailed below:

Role Seniority

Average Salary

Property Manager

​£45,000 - £55,000

Mid-level Property Manager

£55,000 - £65,000

Senior Property Manager

£70,000 - £85,000

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