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Management Planning
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Analyze the business environment and the specific property within that environment,
set out a marketing strategy, and recommend a method by which a client's objectives
can best be fulfilled.
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Financial Reporting
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Prepare and distribute to Owner by the 15th of each month the following reports for the
previous month:
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Financial Statement (Income Statement with variance, Balance Sheet, General Ledger, Deposit Register, Check Register) |
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Reconciled Bank Statement |
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Budget to Actual Variance Summary |
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Tenant Sales Reports |
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Current Rent Roll |
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Detailed Property Inspection Report |
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Account Receivable Report |
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Tenant Relations
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Administer tenant lease compliance issues and property rules and regulations. Develop,
maintain, and improve one-on-one tenant relations. Be attentive to tenants' needs and
respond to their concerns immediately.
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Budgeting
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Develop and monitor the property's budget, covering everything from maintenance to marketing;
personnel to operations. As the year unfolds, inform the owner of any necessary budgetary
adjustments and explain why they are needed.
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Contracts
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Prepare specifications for all contracted work (i.e. tenant improvement construction),
obtain competitive bids, and supervise the projects.
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Accounting
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Maintain and control the accounts receivable and accounts payable process and all financial
records. Prepare and reconcile annual operating expense (CAM Reconciliation) in accordance
with the lease documents.
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Rent Collection
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Oversee, monitor and collect tenants' rent and other operating costs through effective collection
procedures.
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Maintenance
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Develop and implement preventative maintenance programs and provide monthly maintenance cost
monitoring.
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Insurance
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Monitor and secure Certificates of Insurance for both tenants and vendors working at the property.
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