LocationOak Ramble - 14627 Grenadine Dr
Job DescriptionOverviewThe Regional Director is responsible for executing the strategy of their portfolio, the residential segment and the broader strategy of our company. This role manages execution by providing leadership and direction to property managers, general managers, senior property managers, and (indirectly) operations managers and other property associates. Has control and full P&L responsibilities over thousands of apartment units in multiple markets and the corresponding multi-million dollars of income, expenses, capital expenditures and NOI. Position is responsible for maintaining the physical assets, resident satisfaction and the development/growth of associates.
Essential Job Functions1. Performs all aspects of financial management including budgeting, financial modeling and analysis both quantitative and qualitative and is fully responsible to meet financial goals of the portfolio and organization. (20%)
2. Demonstrates and provides leadership and management to property associates, creates a collaborative environment and develops associates for growth opportunities and ensures that smart goals and objectives are created for each associate. (15%)
3. Prepares variance reports and performs property audits. Manages expenses and income to maximize NOI, improve operating margins and enhance property value (10%)
4. Studies along with the site and marketing teams the market conditions, demand and supply metrics and competitors and validates that data to properly access the appropriate placement of their portfolio in the market. (10%)
5. Timely completion of capital or other improvements, within budgeted limits, and with the coordination and involvement of Engineering, IDS and Procurement (10%)
6. Participates in a wide-ranging number of corporate led initiatives providing subject matter expertise and leadership. Collaborates with peers across the organization in developing organization wide processes. (5%)
7. Visits each property at least monthly to examine, discuss, and resolve issues regarding curb appeal, marketing, maintenance, occupancy, accounting, associates, and/or other issues as necessary (20%)
8. Maintains a working knowledge of company policies, applicable local, state, and Federal laws and regulations, affordable housing programs, and other applicable policies and procedures. Ensures compliance of property associates (5%)
9. Provides leadership and ensures that the highest possible resident satisfaction levels are met. Creates plans and strategies for continuous improvement (5%)
EducationThis position requires a(n) Undergraduate (Bachelor) Degree in Property Management or related discipline.
Work ExperienceBelow is the required/preferred work experience for this position:
8 - 10 years: Progressively responsible experience in property management - Required
Note: 10+ Years of experience can offset minimum educational requirements for this position
Licenses & CertificationsCertificate in CPM preferred
Real Estate License (where applicable) preferred
TravelTravel up to 50% of the time
Compensation Compensation for this role is up to $201,075 annually, commensurate with experience and qualifications.
Great Incentives!We care about the well-being and work-life balance of our valued associates! To show how much we care, we offer awesome incentives that include:
- Full benefits package
- Generous paid time off
- 401(k) with company match
- Growth and advancement opportunities
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