Regional Vice President of Operations

2 weeks ago


California, United States Prime Group Holdings, LLC Full time
{"title": "Regional Vice President", "content": "Drive Growth with Prime Group Holdings, LLC

Prime Group Holdings, LLC, a leading private equity real estate firm, is seeking a talented Regional Vice President to drive growth in its business on the West Coast.

With over $4 billion in assets under management, Prime Group is one of the fastest-growing private equity real estate firms in the country. The firm has recently completed the fundraising of its third flagship fund, Prime Storage Fund III, which is the largest self-storage dedicated fund ever raised.

As a Regional Vice President, you will play a crucial role in managing and overseeing regional District Managers, ensuring effective communication between field operation teams and home office departments, and optimizing controllable expenses for maximum operating income.

Key Responsibilities:

  • Manage regional District Managers while providing support, professional coaching, and effective feedback to increase management performance
  • Ensure effective communication between field operation teams and home office departments
  • Manage controllable expenses to provide the highest operating income for storage facilities across the United States and Canada
  • Manage payroll budgets across field locations spanning multiple countries
  • Work directly with COO and EVP of Operations to prepare and create property budgets, capital budgets, operational reviews, expense reports, and other related reports necessary to manage and improve performance
  • Develop new and innovative approaches to renting space, expand customer reach, convey value and brand awareness in ways that drive significantly stronger rental activity, revenue growth, and value
  • Partner with District Managers on field hiring initiatives, including associate retention programs, training, and staffing trends
  • Work closely with the Training department to create rollout plans and training material for new company programs and initiatives
  • Drive a culture of employee engagement, sales, and service excellence across field facilities
  • Makes property visits as required to ensure company policy, procedure, and performance expectations are being met
  • Collaborate with the marketing team to develop future marketing plans for each area and follows up on implementation to achieve the overall marketing goals for the company
  • Stay current on the market and the competitive landscape to identify opportunities for growth and expansion

Requirements:

  • Minimum of 8 years of experience in operations management within a retail setting or related field is required; self-storage experience preferred
  • Bachelor's degree in Business, Management, or similar field; MBA/Master's is a plus
  • Demonstrated experience leading and inspiring a team
  • Experience in developing budgets and business plans
  • Excellent organizational, communication, and leadership skills, backed by previous professional success
  • Proven ability to plan and manage operational processes for maximum efficiency and productivity
  • Ability to streamline or implement structures and roles that boost speed and efficiency while supporting rapidly shifting business demands
  • Excellent analytical, decision-making, and problem-solving skills

Benefits:

  • Competitive rate of pay and a generous benefits program
  • Participation in company's performance-based incentive program(s)
  • Medical, dental, vision, life, short-term disability, and long-term disability insurance program
  • Paid vacation time; paid sick time; paid holidays

Prime Group Holdings, LLC is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.

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