Vice President of Operations

RPM Living

$150K — $180K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration, real estate management, or equivalent experience.
  • 8-10 years in property management leadership, with 6-7 years in senior regional roles overseeing multi-site teams.
  • Experience in third-party management is required.
  • Proven business development experience is essential.
  • Strong knowledge of budgeting, financial reporting, and variance analysis is necessary.
  • Proficiency in property management software like Yardi and revenue management tools such as LRO is preferred.
  • Demonstrated ability to lead and motivate teams effectively.

Responsibilities

  • Oversee property performance to enhance quality and tenant satisfaction.
  • Streamline operational processes and enforce SOPs to enhance efficiency.
  • Monitor compliance with operational and financial standards.
  • Engage with clients to discuss financial performance and CAPEX adjustments.
  • Support new business pitches and manage client growth opportunities.
  • Conduct monthly cross-departmental meetings to tackle operational challenges.
  • Prepare and review annual budgets, incorporating expense trends and strategies.

Benefits

  • Weekly pay for associates at apartment communities.
  • Comprehensive healthcare coverage for full-time employees.
  • Employer-paid employee assistance and wellness programs.
  • 401(k) plan with a strong company match.
  • Opportunities for professional development and career growth.
  • Paid time off including volunteer days and floating holidays.
  • Discounts on various services including entertainment and wellness.
Full Job Description
Overview
Position Summary

The Vice President of Operations leads property management excellence, ensuring operational efficiency, financial performance, and strategic alignment across all managed properties.

Responsibilities
  • Oversee property performance to ensure alignment with RPM standards. Drive enhancements in maintenance, capital expenditures, and overall property quality and resident satisfaction.
  • Streamline processes and enforce SOPs to improve efficiency and reduce costs across properties.
  • Monitor compliance with operational standards and procedures.
  • Engage with clients to discuss financial performance, CAPEX programs, and adjustments.
  • Review global client issues and support new business pitches and client growth opportunities.
  • Attend client visits and calls to support on-site and RM staff, focusing on client relations and property performance.
  • Recruit, develop, and provide leadership to a team Regional Vice Presidents and support staff, focusing on program goals and professional development. Address performance and development needs.
  • Conduct monthly meetings with HR, Marketing, Performance, and Facilities teams to ensure alignment and address operational challenges.
  • Prepare and review annual budgets, incorporating local and national expense trends. Approve budgets before client presentation and guide income opportunities based on asset strategies.
  • Review and approve financial reports and cash management strategies. Oversee funding requests and manage financial adjustments to meet client requirements.
  • Regularly audit distribution packets and ensure compliance with financial practices. Review and approve procurement compliance and manage corporate expense responsibilities.
  • Stay updated on legal and regulatory changes. Ensure proper risk mitigation and manage incident reports with appropriate action.
Education and Experience
  • Bachelor’s degree in business administration, real estate management or related field experience may substitute for education
  • 8-10 years in property management leadership, including 6-7 years in senior regional leadership overseeing multi-site teams
  • 3rd party management experience
  • Business Development experience is a must
  • Knowledge of the property management industry, respective area and industry competitors
  • Knowledge of budgeting, financial reporting, variance analysis, and financial forecasting
  • Skilled in analytics and strategic planning
  • Skilled in Microsoft applications
  • Skilled in Property Management Software such as Yardi, RealPage and Entrada and Revenue Management software such as LRO,AIRM and Yieldstar
  • Skilled in client management with a strong focus on understanding and meeting customer needs
  • Skilled in strategic thinking, driving decision-making to obtain business objectives and contribute to organizational success
  • Ability to communicate effectively verbally and in writing
  • Ability to identify issues and develop effective solutions
  • Ability to enhance property performance and manage operations to the budget
  • Ability to build, lead and motivate teams
  • Ability to think strategically and drive operational excellence
  • Ability to self-motivate, taking initiative and driving tasks to completion without the need for external direction
Qualifications

Physical Requirements:

  • May be required to sit or stand for extended periods of time
  • Must be able to read documents, computer screens and data
  • Must be able to hear and understand verbal communications in person and over the phone or computer
  • May occasionally be required to lift or carry items such as files or office supplies weighing up to 15 pounds
  • Must be able to operate a computer, keyboard, mouse and other office equipment

Work Environment:

  • This is a hybrid role, requiring the associate to work in one of our corporate or regional offices 4 days per week.
  • The office is an open setting which may include bright lights, constant noises and distractions.
Company Information

Join RPM Living and experience exceptional benefits designed to enhance your life.

  • Weekly pay for all associates working onsite at an apartment community
  • Comprehensive healthcare coverage available for all full-time, regular associates
  • Employer-paid employee assistance, mental health, and wellness programs
  • Ancillary benefits including critical illness, hospital indemnity, and accident insurance
  • 401(k) with robust company match
  • Opportunities for professional development, career growth, and role-based learning plans
  • Diversity, Equity, Inclusion and Belonging (DEIB) and multiple Employee Resource Groups (ERG)
  • Paid time off plus floating holidays and volunteer days
  • Discounted Perks (Costco membership, movie tickets, health & wellness, entertainment & travel discounts)

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