[Hiring] Regional Property Manager @Buckingham Companies

Role Description

The Regional Property Manager is responsible for overseeing a portfolio of properties of approximately 2000 units in multiple locations. The Regional Property Manager will oversee Property Managers, Senior Property Managers, and Multi-Site Property Managers within their portfolio. The Regional Property Manager will ensure that each property meets or exceeds its financial performance targets and ownership objectives.

Qualifications

• College degree in finance, property management, business, real estate, or other applicable degree preferred
• CPM or CAPS designation a plus
• Valid Driver’s License and reliable transportation a must
• Travel will be required

Requirements

• Minimum of seven years of progressive property management experience managing a portfolio of at least 1500 units in multiple markets preferred
• Minimum of five years of successful supervisory experience including managing a large team, senior or multi-site managers
• Successful background in hiring, coaching, and developing employees
• Strong background in managing diverse types of multi-family communities including new construction, conventional, student housing, LIHTC, and HUD projects preferred
• Focus on marketing, lease-ups, rehab, and repositioning assets
• Experienced in financial reporting, budget planning, expense monitoring, and profit and loss responsibility of properties
• Excellent computer skills, with emphasis on Microsoft Office; Yardi, P2P, and LRO
• Demonstrates a passion for winning
• High-energy, enthusiastic
• High learning agility
• Coachable
• Provides and solicits feedback
• Embraces change
• Values and promotes teamwork
• Customer-centric; puts customer needs first
• Exceptional analytical and problem-solving skills
• Strong interpersonal skills
• Highly developed verbal and written communication skills
• Close attention to detail, strong organizational skills, and ability to prioritize and multi-task
• Ability to manage multiple assignments with changing priorities
• High degree of accountability, sense of urgency, flexibility, and adaptability
• High degree of professionalism and integrity

Responsibilities

• Monitors expense controls and implements initiatives to achieve a 45% Operating Expense Ratio
• Implements annual budget process
• Monitors rent collection efforts, including accounts receivable, bad debt, evictions, and the timely approval of write-offs to achieve <1% delinquency by end of month
• Increases property CNOI annually to meet or exceed property budgets
• Conducts monthly financial reviews with on-site Property Managers, Senior Property Managers, Multi-Site Property Managers, and addresses variances
• Partners with the RVP to establish and implement a monthly forecasting process for each asset
• Makes recommendations to the RVP and Asset Manager for capital improvement projects within budget parameters
• Conducts a minimum of 12 monthly site visits per property annually, completing quarterly site checklists 4 times annually, with more frequent visits to troubled assets implementing plans to address issues
• Holds properties accountable for company standards on curb appeal and asset preservation, and reviews with site staff during visits
• Ensures marketing initiatives and advertising/leasing plans are developed and executed
• Oversees the appropriate utilization of Reserve for Replacement and/or Residual Receipts for funding capital improvements and/or operating deficits
• Identifies and makes recommendations to RVP and Asset Manager on ancillary income sources to increase property revenues
• Creates and implements action plans for under-performing assets
• Works with Compliance as the liaison with regulatory agencies and executes on follow-up (i.e. IHFA, HUD, etc.)
• Communicates with outside owners, investors, and/or delegates as appropriate
• Ensures accuracy of and delivers monthly executive summary and variance reports
• Ensures that owner reporting packages are accurate and delivered to clients in a timely fashion
• Documents and archives all communications with owners/clients
• Serves as a team member in the various processes of acquisitions, dispositions, fee managed and new construction, providing assistance and feedback on the marketability and management of assets
• Participates in the completion of the due diligence process on third party management opportunities and potential acquisitions
• Recruits, selects, trains, supervises, and counsels management staff in accordance with company policy and EEO guidelines
• Performs employee appraisals and administers appropriate action
• Develops site team members for future growth with the company
• Holds teams accountable to ensure policies for property operations are adhered to
• Makes recommendations to RVP and HR to establish goals and incentive compensation programs for all management staff and ensures they are implemented consistently
• Conducts a minimum of quarterly staff meetings with management staff to address property performance, policy issues, and other corporate business
• Manages employee relation issues with Human Resources
• Ensures best pricing is achieved through bid process for all supplies and services, as well as cap ex managed by Property Management
• Reviews EEO and EHO complaints with RVP, HR, and Legal Department
• Works with in-house legal counsel in managing property related litigation
• Partners with support groups to effectively manage the portfolio, including Accounting, Marketing, IT, HR, Development, Construction, Compliance, and Operations
• Develops, completes, and distributes all reports in a timely fashion as required
• Achieves established KPI’s and company goals
• Works with BCS to ensure proper assignment of cap ex projects to their department and timely execution of cap ex plans
• Other duties as assigned by the VP