Regional Property Manager, Blue Ridge Estates - Richmond, VA
General Statement of Duties: The Regional Property Manager is a result driven leader responsible for achieving satisfactory financial performance goals and maintaining the physical condition and marketability of the communities. Effectively develops and leads strong property management, compliance, leasing, maintenance and resident services teams to accomplish short and long-term objectives for assigned portfolio.
Our next Regional Property Manager will manage our teams in Richmond, Springfield, and in the future, Baltimore. They will coach our team members in their roles, directly enhancing operational effectiveness. Once our teams and properties are stabilized, the Regional Property Manager will lead our teams' successes.
Supervision Received: Reports to the Regional Vice President of PM.
Direct Reports: Property Managers, Senior Property Managers.
Essential Functions of the Position: (Any one position may not include all of the duties listed, nor do the listed examples include all duties that may be found in positions of this class).
- Responsible for achieving financial performance objectives and managing the portfolio’s financial operations following company and government agency rules, regulations and guidelines.
- Oversees preparation of annual operating budgets and performs budget projections for all properties.
- Analyzes actual income and expenses against approved budget guidelines.
- Ensures accurate and timely withdrawal of all reserve funds.
- Conducts financial results reviews with Senior Property Managers and Property Managers, on a routine basis.
- Forecasts and identifies problems with the Regional Vice President and implements corrective action.
- Oversees revenue management and pricing processes.
- Oversees preparation of rent increase packages and timely submissions.
- Ensures timely collection of resident and agency rents and/or subsidy payments.
- Implements appropriate collection practices.
- Provides support for information required by owners, investors, lenders and agencies for their region.
- Assesses and recommends changes to current policies and operational practices.
- Sets operational goals for each property and establishes company standards for property operations, sales and leasing, collections, and customer service.
- Enforces and adheres to company policies, rules and regulations.
- Preserves and respects resident and applicant confidentiality.
- Monitors and ensures program and regulatory compliance with the LIHTC and/or HUD program(s).
- Represents Beacon Communities to the public and collaboratively develops a partnership with public officials, businesses and agencies.
- Acts as liaison to external and internal parties for all property-related emergencies.
- Leads, manages, trains and develops a strong management team to drive the company’s growth.
- Determines staffing needs and directs the hiring process.
- Manages, trains and develops Senior Property Managers and Property Managers.
- Assist in succession planning for region.
- Oversees the physical condition and security of all communities within the portfolio.
- Maintains knowledge of the physical condition of all properties and ensures inspection readiness.
- Conducts physical site inspections.
- Makes recommendations for exterior and interior apartment improvements.
- Assists other Beacon properties outside the region as requested by the Regional Vice President.
- Establishes a good working relationship with Regional Maintenance Directors and supports their efforts to standardize and streamline processes and efficiencies.
- Fosters a positive, active and collaborative relationship with residents and ensures residents are being serviced appropriately.
- Collaborates with Area Resident Services Manager to ensure program and service commitments are being met.
- Collaborates with Regional Marketing Manager and Regional Vice President to ensures all marketing initiatives are executed in accordance with the company’s marketing strategy and guidelines.
Minimum Qualifications:
Education: Bachelor’s Degree in business or related field, advanced degree and/or professional certification preferred.
Experience: Minimum five years property management experience including staff management and development, budgeting/ financial analysis. Multi-community, mixed income residential property management experience preferred.
Qualifications and Skills:
- Solid property management operational experience.
- Proven expertise in affordable housing programs.
- Ability to manage projects from conceptualization to implementation.
- Strong interpersonal skills that include conflict management and employee motivation.
- Excellent analytical and problem-solving skills. Knowledge of Microsoft Word, Excel and Yardi.
- Excellent verbal and written communication skills.
- Entrepreneurial, flexible, creative and detail oriented.
- Ability to handle emergency situations and pressure due to complexity and time sensitivity.
- On call 24/7 for emergencies.
Assistant Regional Vice President Functional Job Competencies required: Job Knowledge, Organizational Savvy, Managing Diversity, Leadership.
Beacon Core Competencies required for all positions: Teamwork, Integrity/Ethics, Dependability, Customer Focus, Adaptability/Flexibility.
Beacon Management Competencies required for all Management positions: Decision-Making/Judgment, Communication, Budgets/Cost Control, Managing for Results, People Development.
Compensation: $95,000 - $110,000 annual salary
Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location.
Company Overview:
Founded in 2004, Beacon Communities LLC is a privately-owned real estate firm that develops, acquires, invests in, and manages a wide range of multifamily housing. Beacon currently owns and manages approximately 150 properties including affordable housing, market rate housing, and mixed income-housing. Its developments range from new construction, to historic adaptive reuse, to the renovation of existing housing.
At Beacon, we strive to make a difference in our residents’ lives. We build outstanding communities that make enduring contributions to the vitality of our cities and towns. We create communities that serve a diverse cross section of our society. Our communities are healthy and vibrant. Why? Because they are planned with care, consideration, and compassion.
Benefits Offered:
At the core of Beacon Communities is the talent on our teams, and we are committed to taking care of our team members so they can deliver great experiences to our residents. That is why we are proud to provide competitive compensation and comprehensive benefits that support a healthy life for you and your family when you join our team.
As a regular, full time employee at Beacon you can expect:
- Health & Wellness Benefits. We offer plans for quality medical, dental, and vision coverage to all employees regularly scheduled to work a minimum of 24 hours or more per week. HSA/FSA options are also available.
- Work-Life Balance. On top of offering 13 paid holidays per year, we have an attractive paid time off policy that includes vacation days, personal days, sick time, wellness days, summer flex time, volunteer days and early close Fridays.
- Retirement planning. We offer a 401k program with a company match.
- 100% Company-Paid Life Insurance. With affordable options to elect voluntary life, critical illness, hospital care or accidental injury coverage.
- Access to an Employee Assistance Program (EAP),Childcare & Eldercare Support, Career Development and Advancement Opportunities… and more!
Beacon Communities LLC is an Equal Opportunity Employer that seeks a diverse pool of candidates. We are committed to a policy of equal employment opportunity without regard to race, color, ancestry, national origin, religion, disability, gender, gender identity, sexual orientation, age, veteran status or other protected class. All qualified applicants are encouraged to apply. Beacon Communities LLC participates in the E-Verify program.
