Job Type Full-timeDescriptionPortfolio 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).