Job Description
Company Overview
Capital Square Living (CS Living) is a fully-integrated property management company based in Richmond, VA. CS Living was built on the strong foundation of the Capital Square brand—listed by Virginia Business on their “Best Places to Work in Virginia” report in 2019 and their “Fantastic 50” reports in 2019 and 2020 – Capital Square Living has a vision to develop and manage the future, one relationship at a time. Our property management company provides a highly competitive compensation package and employee-centric benefits.
Capital Square is one of the top three securitized 1031 exchange sponsors in the U.S. In 2020, Capital Square was not only ranked as one of the fastest growing companies in the Richmond, Virginia area but also made the list for Best Places to Work by Virginia Business Magazine.
Summary
Our Community Manager handles the day-to-day operations of an assigned property including managing the team members, daily activities and resources of the property to achieve established budgeted financial & operational goals. He, she or they will ensure that the operation of the property complies with CS Living policies and procedures, Fair Housing, Americans with Disabilities Act, Fair Credit Reporting Act and other laws and regulations governing multi-family housing operations.
- Provides input into the development of budget(s) for the property by analyzing and evaluating financial statements, reviewing current and projected marketing information, and accessing operational reports that establish historic and predict performance patterns
- Meets targeted revenues by setting rent rates, ensuring rent and fees are collected and posted in a timely manner, making financial bank deposits and preparing and reviewing monthly financial status reports
- Approves invoices from vendors, contractors and service providers for payment by reconciling work performed or products purchased, ensuring validity of certificates of insurance, coding charges to appropriate accounts
- Manages communication between the vendor/contractor, accounting and the client/owner as needed
- Controls expenditures by staying within the approved budget and manages the balances of cash funds
- Oversees the leasing process by approving prospective resident applications, discounts and renewal leases, conducts periodic apartment inspections, follows proper notice requirements, evicts residents and imposes
- and collects late fees and other charges as allowable and stated in the terms of the lease
- Gathers, analyzes and interprets current market and economic trends that may impact the property and
- implements short- and long-range marketing and leasing strategies to achieve the property’s occupancy and
- revenue goals
- Promotes resident satisfaction and retention by responding to complaints, questions and requests in a timely manner and taking appropriate action to resolve and address service issues
- Ensures the property’s maintenance team members comply with the Company’s standards with respect to responding and completing resident service requests
- Conducts regular property inspections and takes appropriate actions to ensure that the physical aspects of the property, grounds, buildings and amenities meet established standards for safety, cleanliness and general appearance and appeal
- Completes various accounting, financial, administrative, and other reports and performs other duties as assigned or as necessary
- High School diploma, GED, or related experience and/or training
- Demonstrated management and supervisory skills sufficient to hire, lead, direct, evaluate, and manage subordinate and team members, including maintenance specialists
- Ability to read, write and communicate effectively to comprehend and complete legal documents, sell and explain apartment features and answer questions about the property’s operation
- Proficient in word processing, spreadsheet and database management programs in order to complete required reports and employment documents
- Strong proficiency in using property management software (preferably Yardi and/or equivalent)
- Demonstrated mathematical skills necessary to add, subtract, multiply and divide numbers, decimals, and fractions, and calculate percentages in order to complete financial records, budget and other fiscal reporting information
Work Hours
Will normally work a Monday-Friday schedule with rotating weekends; (hours may vary to meet the business needs of the property). This role is set to begin April 30, 2024.
Work Location
Onsite at our properties. Team members work in an office environment, but also may have frequent exposure to outside elements where temperature, weather, odors and/or landscape may be unpleasant and/or hazardous. Routine local travel may be required to make bank deposits, attend training classes or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.
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