Financial Portfolio Manager - Property Management
Newmark Group · New York, NY, United States ·
- Employment
- Full time
- Category
- Management
Key Responsibilities
Financial Management & Reporting
- Prepare and analyze monthly financial reports
- Develop and manage property budgets, including variance analysis
- Process and manage monthly tenant charges and billing
Property Management Systems
- Run and interpret reports using MRI and/or Yardi software
- Maintain accurate data within property management systems
Lease Administration
- Review, interpret, and understand residential leases
- Complete lease abstracts, capturing key terms, dates, and financial obligations
- Track critical lease dates (renewals, expirations, escalations)
Tenant Relations
- Serve as primary point of contact for tenant correspondence
- Address tenant inquiries related to billing, leases, and property operations
- Build and maintain positive tenant relationships to support retention
General Portfolio Oversight
- Work independently to prioritize and resolve portfolio-related issues
- Coordinate with internal teams as needed
Qualifications
- Proven experience in commercial property/portfolio management
- Residential financial management experience is a plus
- Strong working knowledge of MRI and/or Yardi (running and reading reports)
- Demonstrated understanding of commercial leases and lease abstraction
- Experience with budgeting and financial reporting for real estate portfolios
- Advanced proficiency in Microsoft Excel
- Excellent written and verbal communication skills
Self-motivated with the ability to work independently and manage competing priorities
Salary Range Language
The expected base salary for this position ranges from $125,000 to $150,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.