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