General Manager- Paradise Valley at RED Development – Phoenix, Arizona
RED Development
Phoenix, Arizona, 85032, United States
Posted on
Job Function:Executive/Management
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About This Position
Description:
Manages, directs, and coordinates operations for high end mixed-use properties. Accountable to protect, maintain, and enhance the value of assigned asset(s), and establish and build strong, positive relationships with tenants, colleagues, capital partners, and community partners to maximize the owners’ financial return and for the benefit of the tenants, consumers, and the community. Candidate must be an experienced professional, who has experience managing Class-A/top of market assets with the ability to ensure the property maintains the highest standards.
Essential Duties and Responsibilities
- Full financial responsibility for assigned center for annual budgeting, reforecasting, and improving net income beyond approved budget.
- Preparation and timely submission to owners of monthly reports and other periodic reports, in a format and on a schedule determined by the owner including narratives and variance reports
- Ensure the proper set up and termination of leases, the proper management of payables and receivables and the timely calculation, billing and receipt of operating expense escalations and CAM recoveries.
- Collects all billed rents in full and on time.
- Ensures effective cost control and profitability for the asset. Identifies problem areas and proactively works to improve performance.
- Maintains communication with tenants to improve performance. Exhibits strong, professional relationships with our tenants which can have a significant impact on tenant retention. Promotes effective business relationship to convey company operational policies.
- Administering associations, which entails communicating/coordinating with other property owners with respect to the operation and maintenance of shared building systems, common areas, etc.
- Act as a liaison to represent owners’ interest with general contractors and their trades for all in-progress construction, tenant improvements (TIs) to minimize disruption to existing tenants, customers, and residents.
- Develop and implement a construction communication plan to keep existing retail tenants, pad users and residents fully informed of construction activities, noise/dust mitigation, access impacts, and safety protocols.
- Develop and enforce property-wide rules & regulations.
- Develop strong understanding of lease terms including key economic points and both tenant and landlord responsibilities. Ensures compliance with lease requirements including operating requirements, hours of operation and use clause.
- Reviews tenant accounts and originates adjustments for input into MRI.
- Reviews and approves all year-end tenant reconciliations.
- Minimize risk by monitoring and managing property, tenant, and vendor insurance requirements; building security; life safety policies, procedures, and training; and employee safety.
- Effectively manage parking garages, including overseeing the valet and the bidding/management of third-party staffing vendors and maximizing revenue opportunities during special events[AF1] .
- Contracts with outside vendors, including obtaining bids and executing contracts. Monitors contractor performance and approves payables and assures compliance with contracts.
- Periodically solicit competitive bids for service. All service contracts are to be re-bid every 1-2 years including security, janitorial, landscaping, etc.
- Management and preparation of vacant retail space (in ready to show condition always). Explore temporary leasing opportunities, tenant merchandising and/or advertising displays and at a minimum, have graphics and leasing signage placed in the windows.
- Maintains positive relationship with local community. Has good working knowledge of political and regulatory changes that may impact center operations. Takes corrective action and informs others as needed.
- Collaboration with marketing for on-site events, tenant partnerships, holiday operational needs, business development or other income generating opportunities.
Supervisory Responsibilities
- Hires, trains, and supervises center personnel. May supervise non-exempt or exempt employees. Responsibilities may include recruiting, interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance, rewarding, counseling and disciplining employees; addressing complaints and resolving problems.
- Ensures compliance with company personnel policies and applicable laws. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
Required
- Bachelor’s degree: 7+ years’ experience Retail and Mixed Use commercial properties.
- Basic understanding of accounting and accounting principles.
- Customer services and/or customer contact experience.
- Proficient in Microsoft Office Suite.
- Financial analysis skills.
- Ability to respond to emergencies at any time.
Preferred
- Experience in opening new development properties.
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Job Location
Phoenix, Arizona, 85032, United States
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Job Location
This job is located in the Phoenix, Arizona, 85032, United States region.
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