Job Description
Job Description EXECUTIVE VICE PRESIDENT
Our client is currently seeking an Executive Vice President who will oversee a portfolio of housing communities. This senior leadership role involves managing the operational performance and profitability of the portfolio, while overseeing a team of three Regional Managers and directly supervising properties.
WHAT YOU'LL DO
- Strategic Leadership: Set performance objectives and create tactical plans to maximize financial performance, enhance tenant satisfaction, and promote employee engagement.
- Operational Management: Oversee property operations, ensuring compliance with policies and regulations, managing budgets, driving occupancy, and ensuring maintenance standards are met.
- Team Development: Lead and support Regional Managers and site teams, fostering a culture of collaboration and accountability.
- Resident Experience: Enhance resident satisfaction and retention through effective community programming and addressing concerns.
- Collaboration and Reporting: Work closely with internal teams to achieve property goals and provide regular performance reports to stakeholders.
WHY YOU MATTER
- Create and implement business plans that align with the investment goals.
- Analyzing market trends, identifying opportunities for value enhancement, and making informed decisions to maximize returns.
- Deep understanding of financial analysis, including budgeting, forecasting, and performance reporting.
- Adept at controlling expenses, optimizing revenue streams, and maximizing the property's net operating income (NOI).
- Accurately assess the financial health of the asset and identify areas for improvement.
- Anticipate potential challenges and take proactive measures to mitigate risks.
- Informed about market conditions, regulatory changes, and industry best practices.
- Identify and implement strategies to increase the property's value, such as renovations, upgrades, and improved amenities.
- Focus on enhancing the tenant experience to improve occupancy rates and resident retention.
WHAT IT TAKES
- 13+ years in multifamily property management, with at least 10 years in a leadership role, managing medium to large portfolios.
- Strong expertise in financial analysis, operational planning, and market trend analysis. Proficiency in Yardi Affordable software and other management tools.
- Exceptional communication and leadership skills to manage diverse teams and inspire excellence.
- Bachelor’s degree in a relevant field, with a real estate license and industry certifications (e.g., CPM, CAPS, CAM) preferred.
- Strong understanding of housing regulations and willingness to travel across the company’s operating footprint.