Jobs · OTHR · Texas

Lead Portfolios. Build Legacies. Grow Texas. - VP of Operations

Allmark Properties, Inc. · Lewisville, TX · 5 days ago
On-siteOTHRFull-time

About the Role

We're seeking an experienced Vice President of Operations to lead the operational and financial performance of a designated multifamily portfolio across Texas. This role directs day-to-day operations across multiple properties, drives NOI through strategic budget oversight and cost control, and mentors a team of Property Managers to build a high-accountability culture. The ideal candidate is a strategic operator who thrives on standardizing processes, maximizing portfolio performance, and developing talent — someone who can move seamlessly between boardroom financial reviews and hands-on property visits.

Responsibilities

  • Portfolio Operations
    • Direct day-to-day operations across a multi-site multifamily portfolio, ensuring occupancy, revenue, and customer service goals are consistently met
    • Conduct regular property visits and physical inspections to assess curb appeal, maintenance conditions, leasing performance, and staff execution of company standards
    • Lead due diligence, transition planning, and stabilization efforts for newly acquired properties
  • Financial Management
    • Build, review, and approve annual operating budgets for each property in the portfolio
    • Analyze property-level financial statements, NOI, and key operating metrics monthly; direct corrective action where needed
    • Implement cost-control strategies to maximize portfolio NOI
    • Review and approve capital expenditure (CapEx) requests; negotiate regional vendor contracts
    • Prepare and deliver regular operational and financial reports to executive leadership and ownership groups
  • Team Leadership
    • Recruit, hire, train, and develop Property Managers and Regional/Assistant Managers
    • Conduct performance evaluations and manage disciplinary actions in partnership with Human Resources
    • Foster a high-accountability work culture across the portfolio
  • Operational Strategy
    • Develop, implement, and enforce standardized operating procedures (SOPs) for leasing, maintenance, resident retention, and vendor procurement
    • Partner with the marketing team to evaluate leasing velocity, pricing strategy, and lead conversion; adjust strategy to maximize occupancy and revenue
    • Oversee large-scale renovation and value-add projects
  • Risk & Compliance
    • Ensure all properties comply with Fair Housing regulations, applicable state and local landlord-tenant law, and OSHA safety standards
    • Oversee resident retention and escalated resident relations issues, ensuring timely resolution of complex or high-risk matters
    • Coordinate with legal counsel and Human Resources on lease enforcement, evictions, and other legal matters

Requirements

  • Bachelor's degree in Business Administration
  • 10+ years of progressive multifamily property management experience, including 3+ years in a multi-site or regional leadership role
  • CPM, CAM, or CAPS designation preferred
  • Strong financial acumen, leadership capability, and crisis management skills
  • Proficiency in property management systems such as Entrata, Yardi, RealPage, or AppFolio, along with advanced Excel skills
  • Ability to travel across portfolio properties

Benefits

  • Competitive salary plus performance-based bonuses
  • Comprehensive benefits package including medical, dental, vision, and life insurance (available after 30 days of employment)
  • Paid vacation and sick time, paid holidays
  • Employee Assistance Program and wellness program
  • Apartment discount
  • 401(k) enrollment after 90 days
  • Ongoing training and career advancement opportunities

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