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Vest Residential

Assistant Property Manager

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Vest Residential

A multifaceted real estate investment, development, and management firm focused on residential properties.

Assist Community Manager with finance, operations, resident relations, and on‑site supervision.
12 days ago ago
Junior (1-3 years), Expert & Leadership (13+ years)
Full Time
Chesapeake, VA
Onsite
Company Size
50 Employees
Service Specialisms
Property Management
Asset Optimization
Resident Experience
Due Diligence Services
Renovation Management
Development Consulting
Sector Specialisms
Residential
Multifamily
Property Management
Asset Optimization
Renovation Management
New Development
Portfolio Growth
Financial Forecasting
Role

Description

leasing
financial reporting
owner liaison
yardi operations
invoice review
resident satisfaction
  • May assist and/or support leasing and marketing efforts by greeting prospective residents, gathering information about the prospect via the Guest Card, showing ready apartments and models, closing and obtaining the lease deposit, and assisting the prospective resident in completing the rental application and credit verification.
  • Completes various accounting, financial, administrative, and other reports and performs other duties as assigned or as necessary.
  • Identifies areas for improvement and offers suggestions to improve the efficiency, productivity, and profitability of the community.
  • Assists in managing the client/owner relationship by meeting with the owners, conducting community tours, providing updates and information about the community’s performance, and responding to owner requests as needed.
  • Practices proper safety techniques in accordance with Company, community, and departmental policies, procedures, and standards by immediately reporting any mechanical or electrical equipment malfunctions, employee/visitor/resident injuries or accidents, or other safety issues to appropriate individual(s).
  • Follows established policies and procedures by monitoring and ensuring compliance with regulatory requirements, organizational standards, and operational processes related to community operations, and reporting violations or infractions to appropriate individual(s).
  • Follows the Company’s established procedures related to evictions by following proper notice requirements, evicting residents, and representing the community as required in court hearings and eviction proceedings.
  • Reviews and submits invoices from vendors, contractors, and service providers for payment by reconciling work performed or products purchased, obtaining community manager approval, coding charges to appropriate Chart of Account codes, and managing communication between the vendor/contractor, accounting, and the client/owner as needed.
  • 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.
  • 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.
  • Processes resident move-outs by reviewing lease terms and notice requirements, applying appropriate deposit and lease cancellation fees, if applicable, and processing the disposition in accordance with established procedures and legal requirements.
  • Acts as the on-site supervisor in the absence of the community manager by organizing and delegating daily work, coordinating maintenance and make-ready tasks with the maintenance supervisor, and managing the operation of the community in compliance with Company policies, procedures, and business practices.
  • Operates the property management software (Yardi/OneSite) and completes transactions by entering all required fields correctly and by completing updates and back-ups to ensure the integrity of the system.
  • Reviews resident files and accounting records to determine unpaid and/or late fees owed, communicates with residents regarding outstanding balances, implements procedures for collecting on delinquencies, and enforces the lease to maximize revenue.
  • Completes the daily transactions and tasks related to the financial operation of the community by collecting and posting rent, fees, and other payments, preparing daily bank deposits and reconciling bank accounts, preparing financial reports, and processing invoices and payables.
  • Keeps abreast of new trends and changes in the industry and area(s) of responsibility by attending internal and external training classes, apartment association meetings, and other events, and accessing other information sources.

Requirements

property software
spreadsheet
lease enforcement
community management
customer service
driver's license
  • Employment history that demonstrates the application of community management, sales, marketing, and customer service background sufficient to assist in managing the day-to-day operation of an apartment community, resolve customer complaints and issues, complete financial records, documents, and reports, increase sales revenues, and coordinate the work of a team.
  • Incumbents must be able to physically access all exterior and interior parts of the community and amenities.
  • Incumbents 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.
  • Demonstrated understanding of community operations and, in particular, lease terms and lease enforcement, including collections.
  • Incumbents must be able to push, pull, lift, carry, or maneuver weights of up to twenty (20) pounds independently and fifty (50) pounds with assistance.
  • Demonstrated proficiency in Internet, 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 One Site).
  • Demonstrated ability to read, write, and communicate effectively to comprehend and complete legal documents, sell and explain apartment features, and answer questions about the community’s operation.
  • Demonstrated mathematical skills necessary to add, subtract, multiply, and divide numbers, decimals, and fractions, and calculate percent in order to complete financial records, budgets, and other fiscal reporting information.
  • Incumbents must have all licenses and/or certifications as required by State and Local jurisdictions. Incumbents must have valid driver’s license to drive a golf cart on property.

Benefits

Information not given or found

Training + Development

Information not given or found
Company

Overview

  • Driving transformative change in residential real estate.
  • Building and managing high-quality residential communities.
  • Creating exceptional living experiences for residents.
  • Excelling at acquiring and developing properties in key markets.
  • Specializing in multifamily development and property management.
  • Delivering above-market returns for investors.
  • Improving the quality of life for residents.
  • Committed to excellence and innovative approaches.

Culture + Values

  • Resourcefulness: Take charge mentality; ‘Don’t wait, act.’ Operate with a ‘find a way’ mindset.
  • Intentionality: Strategic connections, lasting impact. Quality relationships over quantity of clients.
  • Connection: Our strength is in bonds we share. United we thrive.
  • Transparency: Accountability in every action. Full accessibility and visibility, no surprises.
  • Innovation: Advanced technology meets thoughtful care. Deliver results with a high touch, high tech approach.
  • Reputation (Ownership): We build trust by respecting each other, residents, and the properties we manage.

Environment + Sustainability

50% Reduction Target
Greenhouse Gas Emissions
The company aims to reduce Scope 1 & 2 greenhouse gas emissions by 50% across its portfolio by 2030.
66% Emissions Reduction
Achieved Since 2019
The company has achieved a 66% reduction in Scope 1 & 2 emissions since 2019 as of 2023.
83% Green Certified
Multifamily Communities
83% of managed multifamily communities are Green Building Certified as of August 2024.
100% Renewable Energy
Electricity Procurement
The company procures 100% of operationally controlled electricity from renewable sources in its wholly-owned portfolio since 2021.
  • EV charging available at 65% of properties, target 100% by 2030.
  • 100% of leases include a Sustainability Addendum as of 2023.
  • Reduced water consumption 3% since 2020; target 20% reduction by 2030.
  • 16.8% of non-hazardous waste diverted from landfill in 2023.
  • Pathway includes measuring/disclosing 100% Scope 1 & 2 and >90% Scope 3 emissions, energy efficiency, renewables, and offsets.

Inclusion & Diversity

51% Female Managers
Management Gender Equality
The company achieved gender equality at the management level ahead of schedule, surpassing the original target for 2025.
20% Spend Increase
Supply Diversity
The company increased its spend with minority and women-owned suppliers by approximately 20% in 2023.
  • Board composition as of mid-2023: 33% female, 44% racially/ethnically diverse
  • Achieved gender equality at management level three years ahead of 2025 goal
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Assistant Property Manager at Vest Residential in Chesapeake, VA