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%
$211,911
TOTAL 50%
$263,790
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)
Lists the operations guidelines established within the company management agreement.
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Level 2 Behaviors
(Light Experience)
Reports the daily operations metrics to provide management with the status of service issues.
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Level 3 Behaviors
(Moderate Experience)
Suggests improvement in the processes and works to improve quality, productivity, and efficiency.
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Level 4 Behaviors
(Extensive Experience)
Provides recommendations to senior management on business operations streamlining.
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Level 5 Behaviors
(Mastery)
Promotes advanced tools, techniques, and methods to manage production processes and service delivery.
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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)
Explains how capital budgeting works in the evaluation and selection of long-term investments.
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Level 2 Behaviors
(Light Experience)
Informs management of the capital expenditures compared to the budgets for all the assigned projects.
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Level 3 Behaviors
(Moderate Experience)
Reviews investment proposals to identify and select profitable investments for the organization.
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Level 4 Behaviors
(Extensive Experience)
Proposes significant capital projects in the budgeting process to maximize the organization's future profits.
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Level 5 Behaviors
(Mastery)
Forecasts future revenues and expenditures to establish cost structures and capital budgeting projects.
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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)
Explains our key business strategies and priorities.
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Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
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Level 3 Behaviors
(Moderate Experience)
Implements effective marketing strategies that achieve improved business outcomes.
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Level 4 Behaviors
(Extensive Experience)
Optimizes business processes based on deep insight into various business unit functions.
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Level 5 Behaviors
(Mastery)
Evaluates industry and market trends to identify new business opportunities.
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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)
Explains the importance of budget reporting and forecasting in our workplace.
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Level 2 Behaviors
(Light Experience)
Supplies supporting information and justification for major line items.
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Level 3 Behaviors
(Moderate Experience)
Utilizes software tools and applications to forecast our annual budget accurately.
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Level 4 Behaviors
(Extensive Experience)
Provides in-depth training to our entire organization about the zero based budgeting methodology.
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Level 5 Behaviors
(Mastery)
Forecasts asset needs to leverage available inventory and data compilation for annual budgeting.
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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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