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Regional Property Manager
Job
Confidential
Memphis, TN (In Person)
Full-Time
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Job Description
The Regional Manager is responsible for the management of a portfolio of apartment communities in a given geographic area. This person is focused on the financial performance of each community, ensuring that it is properly staffed and managed to provide an optimal return to the investors. Additionally, this employee also has specific training and experience to oversee multiple managers and provide guidance on operating and financial issues to those managers. Essential Functions and Position Responsibilities Hire, train, develop, coach, and supervise a portfolio of Property Managers, Evaluate the staff of each community regarding compliance with leasing and operational guidelines, Meet budgeted income, expense, and leasing goals for their respective Community portfolio, Be a champion for the operational strategy, Work with owner/investment partners to maintain and improve the value of the asset portfolio, Oversee the annual budget process for each community, Review the financial reports for each Community with the respective Property Manager monthly, Evaluate market conditions with each Property Manager to determine unit prices in accordance with the market and budgeted goals. Shop competitors in person every quarter with the Property Manager, Assist each Property Manager in the development of an annual marketing plan and conduct marketing reviews on a periodic basis, Perform other duties as requested. Education and Desired Competencies High School GED required; Associates or BA/BS in Business or related field preferred, 3+ years multi-site apartment Regional Manager experience required, prefer a minimum portfolio of 1,500 units of 4 or more properties Third party fee management experience preferred, Strong financial management skills and well-versed in budgeting and forecasting, Must have strong interpersonal skills to develop and enhance business relationships, ability to get along with diverse personalities; tactful; mature, flexible, Superior leadership and management skills to include recruiting, hiring, team building, coaching and mentoring skills, Demonstrated experience as a "manager of managers", including the ability to hold Community Managers accountable for financial and customer service results, Sales and marketing experience to include sales training and goal setting, market analysis, market plan creation and implementation Ability to travel within his/her region for property visits, some overnight stay required, Additional Duties as required.