Associate Director of Residential Management

Associate Director of Residential Management

Department:
Corporate

Employment Type:

Full Time

Location:

Overland Park, KS

Compensation: $150,000 - $160,000 / year

The Associate Director of Residential Management provides strategic financial oversight, market intelligence, and performance accountability for an assigned portfolio of residential communities, working in close partnership with the Director of Residential Management. This role strengthens the connection between financial analysis, market intelligence, and operational execution through the review and approval of budgets and expenditures within designated authority, evaluation of portfolio performance, and assessment of vendor and capital opportunities that support long-term property value.

The Associate Director partners closely with the Director of Residential Management, Regional Managers, Finance, and other cross‑functional teams to translate financial and market data into actionable recommendations and support execution of Company priorities. For assigned communities, the role also leads property‑level business planning and strategic evaluation, partnering with Finance and operations to identify opportunities that strengthen performance, competitive positioning, and long‑term value.

NOTE:

As the business needs of each location may vary, so do the specific tasks. This is intended to be a generalized description.

• Partner with the Director of Residential Management on succession planning, leadership development, and team performance matters.
• Reinforce a culture of accountability, professionalism, and continuous improvement across the Regional Manager team.
• Support onboarding, development, and performance management of Regional Managers as appropriate.

• Review detailed financial variances, reclassifications, and accruals for accuracy and completeness prior to Director review.
• Approve budgets prepared by Regional Managers prior to Director review, ensuring alignment with Company financial expectations.
• Approve operational expenditures within designated authority limits, pending the Company's ability to adjust approval thresholds within Yardi.
• Analyze financial statements, budget performance, and key operational metrics to identify trends, risks, and opportunities across the portfolio.
• Support the development of financial models, reporting tools, and performance benchmarks that strengthen portfolio‑level decision‑making.
• Help ensure financial decisions support both current performance and long‑term asset value.

• Work in collaboration with multiple teams, including Regional Manager, to develop and maintain a written annual business plan for each assigned community in conjunction with the annual budget process, including measurable financial, operational, leasing, and capital objectives.
• Review community performance against approved business plans throughout the year and recommend adjustments when market conditions, operating results, or property needs change.
• Evaluate and recommend property‑level strategies to improve performance and long‑term value, including value‑add opportunities, repositioning initiatives, capital prioritization, and other strategic interventions.
• Assess market fundamentals, competitive properties, new supply and development pipeline, rent positioning, and other external factors that may affect community strategy or future performance.

• Participating in Revenue Management calls, making pricing recommendations based on current market conditions, and collaborating with the Revenue Manager to establish bi‑weekly goals.
• Review revenue…