Job Description

Location: Orange County, CA (On-Site)

Employment Type: Full-Time | Exempt

Role Description

A privately held commercial real estate organization is seeking an experienced Property & Asset Operations Manager to support a growing portfolio of retail and mixed-use assets. This role sits between property management and asset management and is focused on financial and operational execution, not long-term investment strategy.

This position plays a key role in preparing operating budgets, overseeing CAM reconciliations, and ensuring day-to-day property operations and financial performance align with approved asset plans. The role partners closely with asset management, property management, accounting, leasing, and leadership to support disciplined execution and protect NOI.

This opportunity is well-suited for a technically capable, execution-oriented real estate professional who understands how properties operate financially and operationally and thrives in a structured, ownership-driven environment.

Qualifications

• Prepare annual operating budgets and reforecasts based on historical performance, property conditions, vendor contracts, and lease recovery structures
• Monitor operating results versus budget and identify variances, risks, and corrective actions
• Oversee CAM reconciliations with appropriate internal oversight
• Interpret lease language related to recoverable expenses, caps, exclusions, and allocations
• Coordinate responses to tenant CAM questions, audits, and disputes
• Provide operational oversight in partnership with property management teams
• Support leasing execution through coordination of operational readiness and critical lease dates
• Assist with execution of approved capital projects, including schedule and spend tracking
• Serve as a coordination point between asset management, property management, accounting, leasing, and construction
• Support audits, lender requests, and ownership inquiries related to operations, budgets, and CAM

Qualifications

Required

• 6–10 years of experience in commercial property management, asset operations, or similar execution-focused real estate roles
• Demonstrated experience preparing operating budgets and managing CAM reconciliations
• Strong understanding of commercial leases, operating expenses, and recoveries
• High attention to detail with strong organizational and follow-through skills
• Proficiency with Excel and property management/accounting systems

Preferred

• Experience with retail and/or multi-tenant commercial properties
• Background working closely with asset management, accounting, and leasing teams
• Comfort operating within defined approval and escalation frameworks

What We’re Looking For

• Technically strong and detail-oriented
• Process-driven and reliable
• Calm, professional judgment under pressure
• Clear communicator across operational and financial teams
• Able to handle confidential information with discretion
• Comfortable owning execution without owning strategy

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