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Vice President of Property Management Operations

3 months ago

Miami, United States Sanford Barrows Group Full time

Job Title: Vice President of Property Management Operations (Multifamily)


Location: Miami, FL (in-office role, with occasional travel throughout Florida)


Salary: up to $200K base, plus uncapped bonus potential, and excellent benefits that include 100% paid health insurance for the employee, and 5% 401k match


The position develops and implements recommendations and oversees director- and regional-level staff to optimize the operation of real estate assets. The position also helps supervise construction projects and advises on new acquisitions. Strong training, management, and analytical skills are required.


Responsibilities:

  • Proactively anticipate, identify, and respond to portfolio needs through:
  • o analysis of key performance indicators
  • o analysis of market factors
  • o identifying income generating and cost reducing strategies
  • o hands-on management of property level staff


  • Oversee capital improvement projects
  • Develop accurate and timely reports to internal and external partners
  • Analyze cash flow projections, asset valuations, risk analyses
  • Train regional property management staff (and at site level if necessary)
  • Proactively recruit new talent
  • Work closely with Accounting, Legal, HR, and other team members to optimize assets’ performance
  • Perform pre-acquisition analysis and due diligence, including review of financial and operational assumptions
  • Lead post-acquisition activities, such as onboarding teams and migrating assets onto Yardi software
  • Lead budget creation and analysis process
  • Negotiate with third parties, such as contractors and vendors
  • Serve as key reviewer in accounts payable/invoice review process
  • Perform market analysis, including comps analysis
  • Develop properties’ marketing strategies and oversee web-based presence
  • Monitor industry best practices and trends
  • Identify and address workplace safety concerns; know license and certification requirements


Requirements:

  • Bachelor’s degree (or equivalent in 10+ work years’ experience)
  • Minimum of 2 years of real estate asset management experience (with an emphasis in multi-family properties); regional
  • property management experience preferred
  • Ability to travel frequently and work irregular hours
  • Basic knowledge of construction management
  • Proficiency in Microsoft Excel; knowledge of Yardi PMS preferred
  • Proactive; strong analytical skills; and a creative problem solver
  • Ability to perform an assessment on Excel to demonstrate basic knowledge of Excel software and basic finance and accounting concepts