What are the responsibilities and job description for the Experienced Multi- Family Area Vice President position at RAM Partners, LLC?
About Us
RAM Partners, LLC, is a full-service real estate management company that manages more than 80,000 apartments throughout the United States. We specialize in multi-family community management for a variety of third-party owners. We are a service-oriented, hands-on company. Our brick and mortar are our people.
Overview
RAM Partners LLC is looking for an Experienced Multi-Family Area Vice President (AVP) to ensure efficient and profitable performance of personnel and properties in a designated area. Given existing marketing conditions, the Area Vice President (AVP) is fully accountable for the efficient and profitable performance of personnel and properties in a designated area. Leadership ability is a must, as the AVP is the leader of their regional area of responsibility. Candidates must have prior experience in Multi-family Property Management to be considered.
Essential Duties and Responsibilities:
FINANCIAL
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RAM Partners, LLC, is a full-service real estate management company that manages more than 80,000 apartments throughout the United States. We specialize in multi-family community management for a variety of third-party owners. We are a service-oriented, hands-on company. Our brick and mortar are our people.
Overview
RAM Partners LLC is looking for an Experienced Multi-Family Area Vice President (AVP) to ensure efficient and profitable performance of personnel and properties in a designated area. Given existing marketing conditions, the Area Vice President (AVP) is fully accountable for the efficient and profitable performance of personnel and properties in a designated area. Leadership ability is a must, as the AVP is the leader of their regional area of responsibility. Candidates must have prior experience in Multi-family Property Management to be considered.
Essential Duties and Responsibilities:
FINANCIAL
- Analyze and interpret statements and budget variances from each property
- Proactive in developing ways to maximize the collection of budgeted income, occupancy, and control expenditures
- Review and approve expenditures between $500 and $3000
- Interpret, analyze, and submit the property budget for approval
- Communicate and monitor progress toward achieving the owner’s financial objectives
- Review and assist managers in evaluating marketing plans
- Collect and review monthly marketing surveys from managers
- Develop and implement short and long-term rent programs and adjustments
- Review and approve any rental rate adjustments in conflict with budgeting objectives
- Recommend improvements to the property image that promote adherence to the RAM mission, vision, and values.
- Review marketing strategies to ensure maximum return on investment
- Support ongoing training and consistent feedback
- Initiate corrective action up to and including termination, in compliance with RAM policy and procedure
- Recruit, hire, and develop associates that support the RAM mission and provide high levels of customer service
- Hold periodic group meetings with teams
- Review and adjust compensation per company guidelines
- Conduct timely salary and performance reviews
- Act as communication liaison between upper management and on-site personnel
- Maintain good communication between properties and legal counsel
- Provide support to managers in vendor negotiations
- Communicate and generate action based on the owner’s objectives
- Initiate monthly visits and inspections to properties to ensure compliance with company standards
- Review and recommend needed maintenance and capital improvements to the owner
- Perform physical inspections for loan purposes
- Participate in pre-acquisition duties, including but not limited to the developing of marketing proposals for potential new business
- Comply with and enforce RAM Partners LLC. policies
- Embraces and executes the vision, mission, and beliefs of the Company
- Entertain and tour with outside investors and brokers/dealers
- Flexible with the work schedule, including availability to work weekends, evenings, and/or holidays
- Occasional duties may be assigned by the Vice President and/or President
- Third-Party Property Management Experience with Client Relations and Development
- Prefer four (4) year degree in business, hospitality, or property management is preferred
- Computer software experience to include MS Word, MS Excel, MS Outlook, and YARDI®
- Advanced understanding of Landlord/Tenant laws and applications, familiarity with Michigan Lease and Addendums, Fair Housing/ADA regulations and applications, and OSHA & EPA requirements for the property management industry
- Previous supervisory experience in property management or related field, generally 3-5 years
- Understanding of sales and marketing concepts and ability to develop, implement, and evaluate marketing plans
- Excellent written and verbal communication skills and provides effective communication with residents, employees, peers, vendors, owners, etc., and assists in efficient operations
- Advanced leadership
- Professional image
- Good organizational skills
- Strong customer service orientation
- Financial acumen to analyze and interpret financial and business reports
- Revenue Management experience
- Advanced leadership
- Ability to earn future designations as required by Industry standards
- 60% Travel is required via car and plane
- Inspect, communicate, and assist onsite with each property at least monthly
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