Portfolio Manager- Private Label

POSITION:Portfolio Manager

COMPENSATION: Pursuant to state regulations, the salary range is $110,000-$115,000 plus bonus potential. Eligible to participate in the company benefits plan. We offer health, vision, dental, and pet insurance. We offer a 401(k) retirement plan, student loan assistance, licensing and continuing education reimbursement, parental leave, and housing allowances or gifts.

LOCATION
:
Candidate must be located or willing to relocate to the Tri State area.

The Portfolio Manager is primarily responsible for overseeing on-site operations from the corporate level across an assigned portfolio of residential housing communities. This position requires a combination of operational and strategic focus while directly managing the onsite leaders toward achieving operational excellence in accordance with Cardinal Group and client standards. The incumbent is responsible for all aspects of their assigned communities, including compliance, staffing, resident satisfaction, occupancy, achievement of revenue targets, expense management, and other budgetary goals.

This leader will provide our clients, our on-site Community Managers, and our residents with exceptional service in the execution of their essential functions.

• Ensure adherence to the responsibilities and obligations of the Company’s Property Management Agreements(PMAs) inclosecollaborationwiththe
  
  Director,Operationsandwith theCGClegalandcomplianceteamswhileservingasthekeypointofcontactbetween
  
  Cardinal Group HQ and the on-site teams for each assigned portfolio of communities.
• Directlymanageeachon-site
  
  Community
  
  Manager,includingprovidingoperationalsupport, guidance,direction,professional development,performance management,andensuringthe execution of their essential functions in accordance with expectations.
• Assistintheon-boardingofnew
  
  Community
  
  Managers,includingleadingthepreparationand executionoftheorientationagendaandcontinuedmentoring,additional training,orsupport needed from hire through the first 90 days of employment.
• Accountableforvariouskeyfinancialcomponentsrelatedtocommunityoperations,including payroll, bonus processing, accounts receivable, budget variance, etc.
• Regularlyworktoincreasethelevelofengagement,teammembersatisfactionandexperience of all HQ and on-site team members within assigned communities.
• Leadtheplanning,logistics,andexecutionofthe
  
  TURNprocessforeachcommunitywithinthe assigned portfolio of communities, including vendor management, invoicing, scheduling, etc.
• Conductweeklyorbi-weeklygroupcallswith
  
  Community
  
  Managersfromeachoftheassigned communities within the portfolio.
• Monitorandinstillurgencyrelatedtostaffing,including
  
  TeamMemberretention,job posting, candidate sourcing, interviewing, hiring, and onboarding.
• Ensures adherence to client-required reporting processes, templates, and schedules.
  
  This includes,butisnotlimitedto,theannualplanningandbudgetpreparationprocess,weeklyand monthly reporting, and monthly financial reporting in partnership with the accounting team.
• Motivatetheteamthroughpositiverecognitionandstrongleadershipgivingemphasisonthe company’s Culture of excellence, rooted in diversity, equity, and inclusion.
• Prepare,analyze,andcommunicatevariousreportsweekly,monthly,quarterly,and annually aimed at tracking and forecasting community performance in each respective area.
• With direction from the VP of Operations and/or Director of Operations, prepare annual operatingandcapitalbudgets,marketing plans,and business strategy forallcommunitieswithin the assigned portfolio.
• In alignment with the Director, Operations vision for the assigned portfolio of communities, implement,executeon,andrevisedetailedsales, leasing and operational plans,programs, and processes that lead initiatives to achieve occupancy and revenue goals.
• Ensurethateachassignedcommunityadherestoallorganizationalpolicies,procedure sand practices, follow professional and regulatory standards, and further organizational success through flawless execution.
• Travel to assigned communities required as the needs of the business dictate. Serve as temporary on-sitemanagerialsupportintheabsence of aCommunity…