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Director of Operations
$200k-259k (estimate)
Full Time 2 Months Ago
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Lunar Property Management is Hiring a Director of Operations Near Tampa, FL

About us

Lunar Property Management is a multifamily property management company headquartered in Tampa, FL. Our goal is to maximize the value and profitability of our communities while ensuring resident satisfaction and retention and continuing to grow our portfolio.

Responsibilities:

  • Manage assets in your portfolio according to predefined strategies, ensuring alignment with company investment objectives. Collaborate with the Executive Team to optimize asset performance and work closely with Development & Construction on new developments and lease-ups.
  • For new developments, maximize revenue through timely unit delivery, income collection, and identification of ancillary revenue opportunities. Work with the Director of Marketing & Strategy in operationalizing the business plan for each newly developed community.
  • Manage daily, weekly, monthly KPI or key performance indicator reporting in an effort to monitor and drive performance for revenue, occupancy, leasing, renewals, rental rates, rent collections, expense control and production of rent ready apartments.
  • Proactively maintain and review ongoing performance reports related to the financial and operational performance of the asset or portfolio in conjunction with budgeted expectations, operational metrics & underwriting returns.
  • Complete monthly forecasts and Revenue Acceleration Plans to proactively develop strategies for anticipated income and expense shortfalls, as well as to address areas of underperformance within the portfolio or specific communities.
  • Visit each assigned property bi-weekly, including walking vacant units and amenities to ensure cleanliness & exceptional curb appeal at each asset. Ensure all amenities are clean and in good operation condition at all times.
  • Work with managers and partner teams to achieve budgets that align with the property business plan and goals necessary for a successful operation and achievement of growing revenue.
  • Develop a business plan to make up lost revenue towards communities achieving 95% monthly projected NOI in 2024.
  • Maximize revenue by focusing on and managing timely product delivery, driving rental rates, and minimizing bad debt ensuring that you meet or exceed revenue budget expectations.
  • Responsible for all sites managing operating expenses ensuring compliance with budgeted operating and capital spend.
  • Develop strategic initiatives that create value and WOW service which results in customer loyalty and increased retention.
  • Work with managers and partner teams to build budgets that align with the property business plan and goals necessary for a successful operation and achievement of growing revenue.
  • Research and recommend innovative strategies and technologies that can drive performance and value to the entire portfolio.
  • Monitor investment and property operations performance to preserve & increase the value of the investment throughout the asset life cycle.
  • Perform financial analysis of properties including operating statements, budget variance review, loan administration, lease analysis, and any other relevant reporting or documentation.

Requirements:

- Bachelor's degree in business administration, operations management, or a related field (preferred)

- 10 years of multifamily property management experience

- Strong leadership skills with the ability to motivate and inspire a team

- Excellent problem-solving and decision-making abilities

- Demonstrated experience in process improvement methodologies

- Strategic thinking and planning skills to drive organizational growth

- Ability to negotiate contracts and agreements with clients and vendors

- Experience working in senior leadership positions

- Strong business acumen with knowledge of financial management principles

- Excellent communication and interpersonal skills

Note: This job description is intended to provide a general overview of the position. It is not an exhaustive list of responsibilities, qualifications, or requirements. The Director of Operations may be required to perform other duties as assigned.

Job Type: Full-time

Pay: $100,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday
  • On call
  • Weekends as needed

Ability to Relocate:

  • Tampa, FL: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$200k-259k (estimate)

POST DATE

02/26/2024

EXPIRATION DATE

06/22/2024

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The job skills required for Director of Operations include Leadership, Initiative, Planning, Problem Solving, Business Administration, Process Improvement, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Operations. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Operations. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director of Operations positions, which can be used as a reference in future career path planning. As a Director of Operations, it can be promoted into senior positions as a Divisional/Regional Operations Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Operations. You can explore the career advancement for a Director of Operations below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Operations, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Operations for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Operations job description and responsibilities

A Director of Operations supervises general managers of different areas of an organization and works with production and day-to-day activities.

01/15/2022: Memphis, TN

Directors of operations need to excel on a computer and be comfortable using word processing programs and spreadsheets.

01/02/2022: Topeka, KS

Director of operations must orient themselves on the various systems and departments of the business, and they need to be fully aware of how these different moving parts function together.

02/10/2022: Santa Fe, NM

the director of operations must ensure that they give adequate attention to each component.

12/27/2021: Columbus, GA

A director of clinical operations manages the daily operations of a healthcare facility or a specific department within a clinic or hospital.

02/14/2022: Kansas City, MO

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Operations jobs

Directors of operations typically need to meet certain requirements to be considered for the position.

01/29/2022: Moline, IL

Retail managers do scheduling and enacting policies, whereas the director of operations supervises bigger-scale projects.”.

12/24/2021: Poughkeepsie, NY

To that end, anyone who wants to be a director of operations needs to develop strong communication skills.

12/13/2021: Concord, NH

Keep financial record of all operations.

02/17/2022: Stockton, CA

Supervise staffs from different departments.

01/10/2022: Poughkeepsie, NY

Step 3: View the best colleges and universities for Director of Operations.

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