Location
field, Pleasantville, New Jersey, United States
Commitment
Full Time
Level
Lead / Manager
Required skills
Property managementLIHTCSection 8RealPageYardiBudgetingVariance reportingTeam leadershipStrategic planningComplianceBusiness developmentFinancial analysisStaff trainingOperations management
Job Description
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).
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