The
Senior Vice President, Property Management will lead our team of Vice Presidents and Regional Managers to drive value through effective leadership, financial insight, and innovative business strategies across the multifamily portfolio. This position works closely with executive leadership throughout the organization, to ensure the strategic goals and values are achieved.
- Manages the rigorous annual budget preparation process
- Monitors expense controls and implements initiatives to achieve or exceed budget
- Conducts monthly financial reviews with Regional Property Managers, VPs and on-site Property Managers.
- Establishes and implements a rigorous monthly forecasting process for each asset.
- Oversees, Reviews, and approves capital improvement projects within budget parameters.
- Oversees marketing initiatives and advertising/leasing plans.
- Oversees the appropriate utilization of Reserve for Replacement and/or Residual Receipts for funding capital improvements and/or operating deficits.
- Identifies and implements consistent ancillary income sources to increase property revenues.
- Benchmarks property performance against regional and national averages.
- Creates and implements action plans for under-performing assets.
- Acts as primary liaison with regulatory agencies - IHFA, IHDA and HUD.
- Communicates with outside owners, investors and/or delegates as appropriate.
- Ensures that owner reporting packages are consistent and delivered to clients in a timely fashion.
- Serves as a team member in the various processes of acquisitions and new construction, aiding in the marketability and management of assets.
- Coordinates team members, including outside contractors, to complete the due diligence process on third party management opportunities and potential acquisitions.
- Provides budget for new acquisitions and new construction projects
- Recruits, selects, trains, supervises and counsels management staff.
- Oversees policies for property operations.
- Establishes goals and incentive compensation programs for all management staff and ensures that they are implemented consistently.
What you should bring- Minimum 10 years' experience managing large portfolios of multi-family assets in multiple markets
- Background in managing diverse types of multi-family communities
- Focus on marketing, rehab, and re-positioning assets.
- Track record of successful personnel management - including hiring, training and staff development.
- Exceptional leadership, management, interpersonal and communication skill
What we offer- Full Insurance benefit suite including Medical Insurance, Dental Insurance, Vision Insurance, Critical Illness Insurance, Accident Insurance, Short Term Disability, Legal & Identity Theft Insurance, and Pet Insurance.
- Company paid Life Insurance (option to buy additional available) and Long-Term Disability.
- Access to benefits concierge service.
- Access to Mental Health & Well-Being service.
- 401K:Bridge Investment Group will match your contributions dollar-for-dollar, up to 6% of your pay. These contributions are fully vested immediately. Eligible employees are automatically enrolled at a 4% contribution rate. *The employee must be at least 21 years of age and have worked for the Company for at least 60 days.
- Paid Time Off: Employee will accrue 5.23 hours of paid time off per pay period for a total of 17 days per year.
- 11 Paid Holidays per year.
- Following six (6) months of employment at the Company, you will be eligible per birth, adoption or placement of a child for four (4) weeks of paid parental leave as the primary caregiver to the child or two weeks of paid parental leave as the secondary caregiver to the child. Following two years of employment at the Company, you will be eligible for twelve weeks of paid parental leave per birth, adoption, or placement of a child if you are the primary caregiver of the child.
- Tuition Reimbursement: Up to $5,000 per year of pre-approved tuition expenses will be reimbursed upon submission of approved documentation. Repayment obligations may apply if employment terminates prior to 24 months.
JOB CODE: 1000944
