Regional Portfolio Manager

Job Category: Property Operations & Management

• Executes programs designed to increase revenue on properties.
• Provides feedback, ideas, thoughts, and comments on company goals and objectives.
• Remains current on market and industry conditions.
• Represents Company as a committee member, with community associations, or with other entities focused on growing business.
• Maintains current and active state real estate license where required and participates in industry related, ongoing training.
• Regularly reviews property occupancy reports; on‑site staffing; resident issues and safety; compliance with all local, state and federal laws; capital improvement projects; on‑site property conditions; and strategize on concessions, rents, lease renewals, resident retention, outreach marketing, etc.
• Regularly reviews financial aspects of properties in portfolio with property managers ensuring their properties financial stability, by doing the following:
  • Reviews and completes property budgets
  • Reviews and approves Accounts Payable
  • Approves direct report payroll
  • Completes property owner and investor letters
  • Reviews monthly property financial reports and statements
  • Creates cash flow projections for all assets
  • Communicates with various property lenders and/or investors
  • Works with accounting department to ensure reporting meets property owner’s requirements and needs
  • Coordinates with accounting department on owner cash flow distributions
  • Coordinates property take‑overs with accounting
• Frequently visits properties and, if needed, helps identify and solve any problems at the property.
• Identifies staffing needs and is present in the hiring process, including interviewing all potential final candidates.
• Oversees the Community Managers.
• Approves all on‑site employee terminations.
• Assists managers in communicating property specific issues with employees and with residents.
• Promotes an environment where creativity, passion and focus are at a premium and teams are motivated, trained, and managers have the tools to continue to foster the same on their properties.
• Ensures Landlord Tenant Laws are enforced, including suitable legal representation.
• Stays up to date on ways to improve on‑site operations.
• Creates and implements team building events.
• Assists with property take‑over and terminations.
• Possesses an understanding of each asset’s business plan and is able to set goals and benchmarks with on‑site teams to achieve business plan objectives.
• Reviews various benchmarking tools used to gauge rental efforts, including but not limited to recorded calls and video shops, and coordinates with on‑site management to improve results.
• Collaborates with peers in both formal meeting settings and in independent settings to add value or positive changes to company policies and procedures.
• Identifies at‑need assets and coordinates with supervisors, peers and subordinates to redefine short term focus to realign asset with budget and/or business plan.
• Travels within the cities and states where assigned properties are located.
• Ability to speak to large groups (investors/team/executives/peers).
• Ability to train and mentor others.
• All other duties assigned.

To perform the job successfully, an individual should demonstrate the following competencies:

Analytical - Collects and researches data.

Problem Solving - Identifies and resolves problems in a timely manner;
Gathers and analyzes information skillfully.

Written Communication - Writes clearly and informatively;
Edits work for spelling and grammar;
Varies writing style to meet needs;
Presents numerical data effectively;
Able to read and interpret written information.

Organizational Support - Follows policies and procedures;
Completes administrative tasks correctly and on time;
Supports organization's goals and values.

Adaptability - Adapts to changes in the work environment;
Manages competing demands;
Changes approach or method to best fit the situation;
Able to deal with frequent change, delays, or unexpected events.

Manages property directors within portfolio of properties. Collaborates with peers and supervisor. Is responsible for the overall direction,…