Regional Manager - South Jersey/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 of LIHTC and Project Based Section 8 properties
  • Working knowledge of RealPage or Yardi software
  • Tax Credit Certification required
  • Project Based Section 8 Designation necessary
  • CPM designation is a plus
  • Experience in developing annual budgets
  • Experience in preparing monthly variance reports

Responsibilities

  • Align actions and policies with company and owner standards
  • Provide analytical insights and recommendations on financial goals
  • Develop Business and Operating Plans for strategic property direction
  • Structure property operations and set performance goals for teams
  • Recruit and train on-site personnel for high performance
  • Offer administrative support to on-site staff
  • Monitor financial performance by overseeing income and expenses
  • Implement standard operating procedures
  • Review property performance and adjust plans as necessary
  • Communicate regularly with owners and corporate officers on operations
  • Engage in company training programs and ensure compliance

Benefits

  • 401(k)
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
Full Job Description
Job Type

Full-time

Description

Portfolio of Properties will require the Regional Manager to travel to South Jersey and Philadelphia Area.

Position Overview:

We are seeking a Regional Manager to 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.

Key Responsibilities
  • 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.
  • Other duties as required or assigned.


Benefits:
  • 401(k)
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance


Requirements

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


Salary Description

110k - 120k

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