Regional Manager - Philadelphia Area

CRM Residential

$110K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years as a Regional Manager for LIHTC and Project Based Section 8 properties
  • Valid driver's license and personal vehicle with insurance
  • Real Estate Sales or Associate Brokers License (as per state requirements)
  • Proficiency in RealPage or Yardi software
  • Tax Credit Certification is mandatory
  • Project Based Section 8 Designation required
  • Preferred: CPM designation
  • Experience in annual budget development and monthly variance report preparation

Responsibilities

  • Oversee and enhance the performance of properties
  • Align actions and policies with company standards and owner expectations
  • Develop and implement a comprehensive Business and Operating Plan
  • Structure property operations and establish performance goals
  • Recruit, train, and supervise on-site personnel
  • Monitor financial performance through income production and expense management
  • Engage with owners and corporate officers on operational developments

Benefits

  • Opportunities for advanced educational courses and certifications
  • Access to leadership development and training programs
  • Participation in professional organizations and local speaking engagements
  • Support for writing industry-related articles
  • Collaboration with corporate officers on strategic management decisions
Full Job Description
Salary $110 - 120 yearly

What You'll Get To Do:

The Regional Manager will oversee and enhance the performance of our properties. The ideal candidate will play a crucial role in executing company policies while ensuring alignment with ownership objectives to maximize property value and economic benefit. The Regional Manager will be responsible for but not limited to:
  • Ensure all actions and policies impacting the properties align with company standards and meet owner expectations.
  • Evaluate owners' objectives and financial goals, providing analytical insights and actionable recommendations to address concerns.
  • Develop a comprehensive Business and Operating Plan that outlines the strategic direction and operational framework for the properties.
  • Structure property operations effectively, establishing performance goals for on-site management to ensure team collaboration towards objectives.
  • Recruit, train, and supervise on-site personnel, fostering a motivated and high-performing team.
  • Offer administrative support to delegated on-site staff, ensuring clarity in roles and responsibilities.
  • Monitor income production and expense management to maximize financial performance.
  • Implement standard operating procedures in accordance with established policy manuals.
  • Review property performance against the Business and Operating Plan, making necessary adjustments for alignment.
  • Maintain regular communication with owners and corporate officers regarding significant operational developments and any deviations from strategic plans.
  • Engage in and practice the subjects covered in company training programs.
  • Conduct periodic formal examinations to ensure compliance with all company and regulatory policies.
Professional Development Responsibilities
  • Attend and complete advanced educational courses and seminars, including obtaining designations such as CPM, PCAM, etc.
  • Actively participate in local professional organizations (e.g., IREM, NAHRO, CAI).
  • Write articles for publication on industry-related topics.
  • Engage in speaking opportunities before local audiences.
  • Participate in company educational offerings.
Business Development Responsibilities
  • Advise the company president on new construction activities and potential management changes.
  • Report on ownership's interest in changing management or other business development opportunities.
  • Maintain accurate information regarding the collection and payable status of properties within the portfolio.
  • Perform additional duties as assigned to support business objectives.

Requirements:
  • Five years of experience as a Regional Manager of LIHTC and Project Based Section 8 properties
  • Personal vehicle, valid driver's license, and current automobile insurance required
  • Real Estate Sales or Associate Brokers License (as required by the State)
  • Working knowledge of RealPage or Yardi required
  • Must have a Tax Credit Certification
  • Must have a Project Based Section 8 Designation
  • CPM designation is preferred
  • Experience in developing annual budgets required
  • Experience in preparing a monthly variance reports required

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