Regional Manager

Article Student Living

$110K — $115K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 5+ years in student housing property management
  • Knowledge of business operations in property management
  • Preferred regional or area management experience
  • Experience with both lease-ups and operating properties
  • Strong project management skills
  • Ability to manage remote teams

Responsibilities

  • Manage financial control and budget management for properties
  • Hire and train site-level property management teams
  • Lead coaching initiatives and foster team development
  • Develop yearly operating budgets with the SVP of Operations
  • Oversee leasing and marketing activities for site-level teams
  • Ensure compliance with brand standards and fair housing
  • Address resident concerns to ensure satisfaction

Benefits

  • Health (PPO or HSA), dental, and vision
  • Flexible PTO
  • 13 paid holidays
  • 401K with 100% match up to 5%
  • Annual review and bonus program
  • Paid parental leave
Full Job Description
Regional Manager is responsible for the financial control and budget management, physical operations, leasing and marketing, capital projects, and staffing/HR at all the properties, and will directly manage the site-level property management team in their portfolio. This is a regional role with travel up to 50%. You must live within one hour of a major airport.

You will report to the Regional Vice President of Operations.

This is a remote position with 35% - 50% travel.

The pay range for the role is $110K-$115K, plus an annual bonus.

People Management:
  • Hire and train the full-time teams, providing leadership and support to ensure all properties are sufficiently staffed
  • Cultivate site team support through coaching, leadership, and developing bottom-up thinking
  • Partner with the Director of Training and Support on site-level onboarding for new employees
  • Ensure that on-site managers keep the team informed, and inspired through daily "huddle ups", weekly meetings, implementing goals/incentives, and providing feedback from the student team
  • Work with the corporate HR team and other Property Management leadership to address and improve any performance problems, documenting adequately, communicating with supervisors and HR, and terminating

Financial Management:
  • Achieve the highest possible net operating income throughout the portfolio; implement cost control and revenue and leasing improvement, identify trends and recommend strategies and adjustments, and ensure site-level teams are observing budgets
  • Develop yearly operating budgets and forecasts with the SVP of Operations
  • Provide regular reporting of income and expense line items to the corporate team
  • Maintain the receipt and reconciliation of deposits, rent collections, and charges
  • Monitor and approve the receipt, reconciliation, and coding of all vendor invoices
  • Ensure property close-out is completed on time and the owner's financial reports are accurate

Leasing and Marketing Management:
  • Provide leadership to site-level staff around all leasing and marketing activities and goals
  • Analyze current leasing/marketing trends and propose alternative strategies to overcome issues
  • Ensure that all marketing tactics, correspondence, and materials follow brand standards and fair housing
  • Ensure staff leasing techniques are used in closing, follow-up procedures, and signing and documenting leases
  • Deal with resident complaints, concerns, and requests to ensure resident satisfaction
  • Partner with the Regional Maintenance team on all maintenance, construction, and rehabilitation activities
  • Ensure on-site managers set high curb appeal standards regarding cleanliness and organization within the leasing office, sales floor, and tour route
  • Provide Capital improvement suggestions

Your Track Record:
  • Bachelor's degree
  • 5+ years of experience in the student housing property management space
  • Knowledge of the student living property management industry and experience with business operations
  • Regional or Area Management experience preferred and preference for experience in both new development lease-ups and current operating properties
  • Excellent project management
  • Skills and ability to manage a remote team

Your Style:
  • Demonstrated people-leader
  • Collaboration with other departments on inter-company deliverables
  • Support and advocate for the property-based teams
  • Manage workflow and deliverables

Our Benefits:

  • Health (PPO or HSA), dental, and vision
  • Flexible PTO
  • 13 paid holidays
  • 401K - 100% match up to 5%
  • Annual review and bonus program
  • Paid parental leave


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