Vice President of Property Management

1 week ago

Charleston, West Virginia, United States Jobot Full time
Job Summary

The Vice President of Property Management is a critical leadership role responsible for driving strategies that maximize real estate investment returns. This position oversees the physical integrity, safety, compliance, and occupancy of both company-owned and third-party managed properties.

Key Responsibilities
  • Manage property operations, including physical rehabilitation projects and asset preservation strategies.
  • Collaborate with leadership to shape and implement company vision and strategy related to property operations, team growth, and accountability.
  • Partner with Asset Management to analyze refinancing options, develop corrective action plans for underperforming properties, and create long-term financial strategies for capital planning.
  • Review property budgets and capital plans, ensuring alignment with industry standards and special financing provisions.
  • Coordinate physical rehabilitation projects in collaboration with the Development team.
  • Provide analytical support and reporting to investors and lenders, working closely with Asset Management and the Equity team.
  • Integrate new properties into Asset Management processes post-occupancy, monitor early financial performance, and coordinate necessary adjustments.
  • Develop and update a three-year strategic plan, monitoring financial performance against projections.
  • Lead the residential corporate budgeting process to optimize efficiency and revenue, ensuring compliance with investor, lender, and regulatory requirements.
  • Ensure the overall profitability of the property portfolio, supporting Property Management in presenting budgets and strategic plans to senior leadership.
  • Build and maintain strong organizational relationships across various departments, including Human Resources, Development, Equity, and Construction.
  • Oversee risk management related to insurance, crisis preparedness, and compliance reporting.
Requirements
  • High School Diploma or GED, Bachelor's degree preferred.
  • 10+ years of experience in asset or real estate management.
  • Extensive experience managing both market-rate and affordable housing properties.
  • Proven success in leading the management of a significant portfolio of multi-unit properties.
  • Strong communication and presentation skills, with the ability to engage a wide range of stakeholders.
  • Demonstrated leadership experience, with a focus on developing staff and building high-performing teams.
  • Proficient in Microsoft Office, organized, detail-oriented, and skilled in time management.
  • Entrepreneurial mindset with a high level of integrity and passion for achieving ambitious goals.
Skills/Abilities
  • Ability to navigate complex data, analyze issues, and draw valid conclusions.
  • Proven ability to develop long-term strategic plans and lead initiatives across a matrix environment.
  • Strong relationship-building skills with the ability to foster collaboration among diverse stakeholders.
  • Flexibility in work schedule, with a commitment to meet staffing and property needs.
  • A team player with a passion for the company's goals and vision.

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