Regional Manager

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).