Description
RADCO Residential is seeking a Regional Vice President of Operations (RVP) to join our incredibly talented team. The RVP leads the operations of a multi-million-dollar, multifamily portfolio.
The RVP is focused on assisting and directing the Regional Property Manager team in successfully attaining the operational and financial portfolio goals established within the budgets. The RVP must be success driven, a strong team leader, and an operational subject matter expert. With anticipated expansion and growth within the region, the RVP must be adept at building strong teams to support a growing portfolio of apartment home communities. We are seeking candidates with a minimum of 10 years of experience of multi-site apartment management, with a minimum portfolio of 5,000 units or more. Are you up for the challenge?
At RADCO Residential, our culture is our DNA. People are at the heart of our business and are the drivers of what makes RADCO so different. We believe in a team member first philosophy and empower our team members to be fearless, caring, flexible, and successful. We encourage new ideas, invest in team member development, and hold ourselves to a high standard of service. RADCO Residential was awarded Best Places to Work in Multifamily 3 years in a row. We also offer outstanding benefits!
Benefits:
- Competitive Salary and Quarterly Pay-for-Performance Bonuses
- 100% of the employee-portion for medical, dental, life and AD&D Insurance
- Voluntary Vision, Short-term and Long-Term Disability, FSA, HSA, Supplemental Life, Critical Illness, Hospital Indemnity, Accident, Pet, and Legal Insurance Policies
- 401(k) retirement plan with 100% employer match up to 6% of Gross Pay
- Condensed work week (Half Day on Friday’s)
- Access to Telemedicine and a robust Employee Assistance Program (EAP)
- Paid Maternity & Parental Leave
- Comprehensive wellness program – THRIVE
- Accrued Paid Time Off (PTO) immediately upon hire
- Employee housing discount
- Team building events & Volunteer Time Off (VTO) opportunities
- Ongoing learning & development opportunities tied to personal and professional goals
- Internal Employee Assistance Program – RADCO Cares, Inc.
Essential Duties and Responsibilities:
Profitablity
The RVP should be focused on both maximizing NOI for the assets as established by property ownership, and in achieving regional profitability goals.
- Administers the approved annual regional budget of income and expenses in accordance with all Company requirements. Monitors the status of the operating budget and determines necessary reductions or increases in allocations
- Work proactively with Human Resources, Risk Management, and Legal to protect the interests of the ownership/client related to all potential or actual litigation
- Constantly seeks to increase company income and reduce company expenses while preserving agreed upon ownership commitments
- Responsible for forecasting related to existing business growth and expense management
- Directs and monitors Regional Property Managers to implement action plans and strategies for maximizing property performance
- Reviews and approves proposed annual property budgets for submission to the SVP and ownerships
- Reviews key performance indicators and standards on a monthly basis to ensure expectations are being met
RELATIONSHIPS
- Retains and trains qualified personnel. Supervises and evaluates the work of all direct reports
- The RVP manages Regional Property Managers who manage property level staff.
- Communicates with the Regional Property Managers weekly to discuss KPI’s and any pending projects
- The RVP maintains relationship with ownership groups and communicates regularly (verbal and face to face) to ensure alignment with strategic goals are in alignment
- Maintains a detailed knowledge of the primary market
- Attends and participates in industry association meetings and seminars to keep up to date on trends and changing conditions in the marketplace
- Cooperates in the completion of any other tasks which may be requested by the SVP
REPORTING
- Complies with all policies and procedures, and brand standards
- Complies with the Federal Wage and Hour Act, the Occupational Safety and Health Act, the Workmen’s Compensation Act, and all applicable state and local statutes and regulations
- Implements action plans and strategies for maximizing property performance
- Reviews all delinquent accounts and pursues any action required
- Assumes overall responsibility for overseeing the on-going management of all managed assets under the supervision of the region
Education, Skills, and Experience Required:
- Excellent written and verbal communication skills
- Strong understanding of real estate operations as it relates to management of individual assets, office operations, personnel management, budgeting and planning
- Proven leadership experience overseeing a team of Regional Property Managers and property operations
- Undergraduate degree in Business or related field preferred.
- At least 10 years multi-site apartment experience required, with a minimum portfolio of 5,000 units or more
- Computer software experience to include MS Office, YARDI®, or similar property management software
- Understanding of Landlord/Tenant laws and application, familiarity with Leases and Addendums, Fair Housing/ADA regulations and application, OSHA & EPA requirements for property management industry
- A desire to serve
- Valid driver’s license and current automobile insurance is required
- Industry designation preferred. Ability to earn future designations as required by Industry standards
Physical Demands and Work Environment:
- An average of 50% of the typical work day is spent at desk handling paperwork, computer transactions, correspondence, etc. The remainder of the job requires property walks/inspections, walking up/downstairs and covering the multi-terrain landscape of the property. Out-of-state travel may be required based on RVP’s portfolio location.
This job is no longer active.