What are the responsibilities and job description for the Regional Vice President position at Confidential?
The Regional Vice President is a multifamily management position with accountability to plan, implement and monitor operations, profitability, quality service, marketing and resident relations of a portfolio of properties, while maintaining owner’s investment. They are responsible to develop a high-quality team through effective recruitment, training, motivation, and coaching strategies.
The Regional Vice President supervise a team of Regional Managers and reports directly to the Vice President or the Senior Vice President.
ESSENTIAL DUTIES: Include but are not limited to the following job specifications:
- Facilitate quarterly asset review meeting with each Regional Manager to discuss property performance and recommendations for improvement.
- Provide the Vice President and the President with a summary report of the asset review and file it on the shared drive.
- Review management agreement, owner requirements/ monthly reporting/budget deadlines, and Accounting FAQ’s with the Regional Managers.
- Review all annual budgets before they are released to the clients /owners.
- Inspect properties twice a year and complete the Regional Manager site-visit checklist.
- Ensure the Regional Manager checklists are being completed, shared with the Vice President and uploaded on the shared drive quarterly.
- Responsible for a small portfolio of properties and handle direct supervision of these properties.
- Perform all the duties of the Regional Manager to ensure successful operation of the properties.
- Mentor and develop the Regional Managers in the region.
- Responsible for the annual reviews for the Regional Managers.
- Ensure the on-site teams are regularly attending and up-to-date with the marketing, operations and other training classes.
- Responsible for implementing in person training sessions in the region. Host Manager meeting every quarter.
- Hire and train Regional Managers and Property Managers
- Responsible for all on-site hiring decisions
- Manage and resolve employee conflicts in a positive way and assist with counseling for on-site staff.
- Sign off on Property Manager annual evaluations.
- Motivate through goal-setting and employee recognition
- Assist the Vice President with new business development as needed.
- Serve as a back-up for the Vice President in communicating with clients regarding property performance.
- Perform special projects as requested by the Vice President and the President.
SKILLS and ABILITIES OF SUCCESSFUL REGIONAL VICE PRESIDENT
- Possess strong computer skills - intermediate knowledge of Microsoft Excel, Word, Adobe and Power Point
- Possess excellent time management skills – i.e. ability to prioritize, manage time effectively and handle multiple projects and tasks
- Possess financial and analytical skills
- Ability to respect and maintain confidentiality
- Possess good organization skills as well as being detail-oriented – i.e. ability to provide timely and accurate response to clients, the Regional Vice President or the Vice President or the President and all the departments
- Knowledge of business practices and principles
- Ability to work in a team environment
- Ability to cope with stress in a composed manner
- Proven effective negotiating and good communication skills
- Possess strong management, leadership; and interpersonal skills
- Must be able to apply principles of logical thinking to define problems, collect pertinent data, establish facts, draw valid conclusions and initiate appropriate course of action
- Representative of the company – ability to convey and maintain professional image
QUALIFICATIONS:
A college degree preferred. Range of experience should include but is not limited to: budget preparation, lease-ups, pursuing new business opportunities, due diligence, takeovers, and reverse takeovers.
WORKING CONDITIONS:
The Regional Vice President works normal business hours, although long hours and evening meetings are sometimes required. They may be required to deal with emergencies on weekends and holidays. This position is exempt from overtime and may entail working hours as needed to perform the position requirements satisfactorily. Travel will be 50% up to 75% varying on portfolio and current portfolio conditions/needs. The Regional Vice President must maintain a valid driver’s license and have a reliable vehicle to fulfill all of the job’s functions. Must have a proof of liability insurance and a valid driver’s license.
We offer full-time, career-track positions with competitive pay, health, dental, vision and life insurance; housing discounts, vacation, paid holidays, exceptional 401k plan with employer match and much more!
We are an Equal Opportunity Employer
Drug Free Work Place
We celebrate diversity and are committed to creating an inclusive environment for all employees.