Skills & Competencies for Vice President of Commercial Property Management

Vice President of Commercial Property Management job profile

JOB SUMMARY for Vice President of Commercial Property Management

Oversees all operations and resources required for the management of a significant portfolio of commercial properties.

JOB RESPONSIBILITIES for Vice President of Commercial Property Management

Develops leasing strategy and implements capital improvement plans that maximize sales, profitability, and tenant satisfaction. Trains and manages lower-level property managers. Has significant input into acquisition strategy and is responsible for overall profitability of the portfolio. May support marketing and investor relations.

Vice President of Commercial Property Management SALARY RANGE

BASE 50%
$210,881
TOTAL 50%
$262,274
Job Level
M05
Job Code
EX05000361
Education/Degree
Bachelor's Degree
Reports To
Top Management

Vice President of Commercial Property Management Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Vice President of Commercial Property Management skill and competencie below to view definitions.

8 general skills or competencies (Job family competencies) for Vice President of Commercial Property Management

1 Job Family Competencies – Operations Management
Proficiency Level -4
Skill definition-Planning, controlling, organizing, and directing different operations within a business to achieve the highest level of efficiency.
Level 1 Behaviors
(General Familiarity)
Describes the importance of operations management in optimal production and business functions.
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Level 2 Behaviors
(Light Experience)
Collects data used by the management for daily and weekly key performance indicators evaluation.
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Level 3 Behaviors
(Moderate Experience)
Handles the daily activities across various functions of the operations management and business.
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Level 4 Behaviors
(Extensive Experience)
Collaborates with executives to establish objectives for the expansion of business relationships.
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Level 5 Behaviors
(Mastery)
Champions in keeping the business with strong operational discipline in operations management.
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2 Job Family Competencies – Capital Budgeting
Proficiency Level -3
Skill definition-Evaluating and measuring the project's value throughout its life cycle to determine the most advantageous return on investment options.
Level 1 Behaviors
(General Familiarity)
Documents the capital budgeting techniques used to select the organization's best investments.
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Level 2 Behaviors
(Light Experience)
Compiles and tracks information from active projects to assist in projects’ annual capital budgeting process.
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Level 3 Behaviors
(Moderate Experience)
Participates in the capital funding plan and budgeting process to ensure appropriate resource allocation.
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Level 4 Behaviors
(Extensive Experience)
Leads the facilitation of capital budgeting analysis to select projects that drive the organization's future profits.
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Level 5 Behaviors
(Mastery)
Develops capital budgeting methodologies to acquire profitable projects and investments for the company.
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3 Vice President of Commercial Property Management - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vice President of Commercial Property Management
Proficiency Level - 4
5 Competency for - Vice President of Commercial Property Management
Proficiency Level - 5

10 soft skills or competencies (core competencies) for Vice President of Commercial Property Management

1 Core Competencies – Business Acumen
Proficiency Level -4
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Discusses the strengths and weaknesses of our products and services.
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Level 2 Behaviors
(Light Experience)
Explains advantages and disadvantages of different organizational structures from an efficiency perspective.
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Level 3 Behaviors
(Moderate Experience)
Demonstrates an innate sense of how to achieve positive results in the current environment.
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Level 4 Behaviors
(Extensive Experience)
Evaluates and explains the financial aspects of a business initiative to different teams.
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Level 5 Behaviors
(Mastery)
Conceptualizes new and creative business initiatives to boost business growth.
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2 Core Competencies – Budgeting
Proficiency Level -4
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Describes the procedures for capital and expense allocation and budgeting.
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Level 2 Behaviors
(Light Experience)
Gathers financial data to help support management in budgeting analysis and forecasting.
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Level 3 Behaviors
(Moderate Experience)
Prepares and reviews the annual budgeting process to ensure effective and efficient budgeting.
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Level 4 Behaviors
(Extensive Experience)
Evaluates past decisions on budgetary considerations to improve the budgeting process.
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Level 5 Behaviors
(Mastery)
Establishes operating procedures to guide the consistency and repeatability of our budgeting processes.
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3 Vice President of Commercial Property Management - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vice President of Commercial Property Management
Proficiency Level - 4
5 Competency for - Vice President of Commercial Property Management
Proficiency Level - 5

Summary of Vice President of Commercial Property Management skills and competencies

There are 0 hard skills for Vice President of Commercial Property Management.
8 general skills for Vice President of Commercial Property Management, Operations Management, Capital Budgeting, Contractor Management, etc.
10 soft skills for Vice President of Commercial Property Management, Business Acumen, Budgeting, Goal Setting, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Vice President of Commercial Property Management, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be an expert in Goal Setting.

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