Regional Property Manager
LR Management Services · Metro Detroit, MI · 3 wk ago
ManagementFull-time
Responsibilities
- Overseeing and directing day-to-day property operations across the portfolio, including direct management of functional line managers (leasing, resident services, maintenance)
- Maximizing income and controlling costs for each property
- Conducting a monthly review of financial reporting and budget variance analysis; overseeing the annual budgeting process with property managers and owners
- Designing and implementing competitive and effective incentive compensation programs
- Overseeing, developing, and implementing marketing and advertising plans across markets in conjunction with Regional Marketing Manager and Regional Leasing Manager
- Performing regular site visits to insure smooth functioning and organization of site offices; performing physical inspections of properties
- Working with the company's corporate office to ensure that risk management practices are implemented and followed
- Reviewing the preventative maintenance program with managers and maintenance staff
- Working with property managers to recruit, retain, and develop staff at all levels
- Conducting disciplinary action meetings
- Evaluating direct reports on an annual basis, or as needed
- Managing property contracts
- Overseeing the processing of work orders, payroll and invoicing
- Monitoring leasing and renewal activities through the revenue management system
- Overseeing RUBS (Ratio Utility Billing System) to ensure correct billing to tenants
- Monitoring AR and AP functions at property offices
- Monitoring internal processes of inventory control and purchasing
- Monitoring and assessing the make-ready process and negotiating with vendors if needed
- Other related duties as assigned
Qualifications
- Bachelor’s Degree in business or related degree is required; MBA is a plus but not required
- 6-10 years experience, latest role as Property Manager, Multi-Site Property Manager or Regional Property Manager of at least 1200 units, with scattered site experience preferred
- Experience managing staff of minimum 20 persons, along with maintenance department
- Experience in residential apartment marketing and management and knowledge of applicable laws and regulations
- Knowledge of established accounting and bookkeeping practices and procedures including the ability to create budgets and analyze financial statements
- Excellent written and verbal communication skills
- Ability to work independently with minimal supervision
- Ability to multi-task and adapt to changing priorities
- Must interact effectively with all levels of employees and external contacts
- Must work well under pressure, exercise good judgment when making decisions and handle stressful situations in a mature, professional manner
- Computer skills including the Microsoft Office Suite and internet usage
- Proficiency in Yardi is preferred