Position Title: Regional Vice President (NOVA/Richmond, VA)
Position Summary:
You will lead our FCA multi-family management platform in the Virginia region overseeing the operation of all FCA multi-family assets primarily located in Northern Virginia and Richmond, VA.
This position will be expected to think like an owner and proactively seek ways to improve the efficiency and profitability of the property management division. The Regional Vice President will pursue the full occupancy and the collection of rents while optimizing rental income. The RVP will also ensure their assigned regions meet all financial goals, compliance, and regulatory requirements. This position directly implements/manages leasing, maintenance, and turnover, in addition to managing the renovation and CAPEX budget to complete capital projects.
**The RVP will be based in Virginia and cover the Northern Virginia and Richmond regions. This position will require extensive travel (50% – 75%) to the properties in this portfolio.
Responsibilities:
The Regional Vice President has overall management responsibility for the operating performance of all properties and key personnel within a specified region. This position reports directly to the Chief Operating Officer (COO) and is a key member of the senior leadership team. This role will have the following primary tasks:
· Work directly with upper management, Vice Presidents, Owners, and support staff to achieve budgeted expectations.
· Work through Regional Property Managers and support staff to meet occupancy, budget, and profit standards at each property.
· Provide support to the Regional Property Managers in interviewing, hiring, developing, and assessing personnel throughout the region to continually enhance the company's number one resource, its people.
The following provides a detailed summary of the responsibilities and assignments are bestowed upon the Regional Vice President:
· Continually seek new opportunities to maximize the operating efficiency and profitability of each asset within the region.
· Develop annual operating budgets in conjunction with owner/management objectives and the asset business plan.
· Work as a liaison between the Owner and management staff to provide positive direction to realize Owner/VP objectives.
· Review and analyze monthly operating and variance reports prior to forwarding information to various VP/Owners to ensure a concise written explanation of variances, results and course of action.
· Regularly communicate and monitor progress of RPM's in achieving asset objectives.
· Conduct regular staff meetings to review operations, occupancy, performance, staffing, and related issues/concerns. Review weekly management reports and monthly comparable surveys to ensure maximum competitiveness and profitability. Approve rental rate adjustments and/or concessions that conflict with budget objectives.
· Consult with Regional Service Managers to monitor purchasing and delivery arrangements to ensure each property receives the most cost-effective prices for price for
repair/replacement items and delivery. Authorize all contracts for the region and supply/repair expenditures in excess of $5,000.
· Conduct periodic inspections of all properties in the region with the respective Regional Property Manager. Conduct routine managers meetings to review operating performance, discuss management objectives, provide direction, and build team morale. Conduct quarterly reviews of key personnel and recommend salary adjustments that are in compliance with the budget.
· Implement steps to consistently improve communication between VP/Owner and management in order to strengthen on-going relationships. Provide consistent reporting on a monthly, quarterly, and annual basis that meets the needs of VPs/Owners. The Regional VP looks at each existing asset through the eyes of the respective VP/Owner and in doing so, actively pursues all available methods of achieving target objectives.
· Continually seek new management opportunities through existing relationships as well as newly developed contacts to increase gross and net operating proceeds for the region and company without sacrifice to the existing operations and/or relationships.
· Develop and train key personnel to improve the production and profitability level of the company. Provide leadership in a fair and consistent manner that enhances the ability, integrity, and morale of all personnel within the organization.
· Field calls from residents. Authorize policy exceptions as circumstances dictate.
· Conduct and enforce business operations within the guidelines established by FCA Management policies and procedures.
Qualifications:
The Reginal Vice President has overall management responsibility for the operating performance of all properties and key personnel within a specified region. The following qualifications must be met before consideration of the position of Regional Vice President:
· 8+ years of experience in multi-family property management. 4+ years of experience as a regional/area manager.
· Bachelor’s degree in real estate, Finance, Accounting, Business, or a related field preferred.
· An unwavering commitment to integrity (no matter the perceived short-term cost).
· A strong sense of respect for self and others.
· Commitment to quality and a constant desire for improvement.
· Demonstrated ability to work within a team environment across various functions/departments.
· Ability to influence others and win support on critical issues.
· Ability to produce, review, analyze, and describe reporting from property management software.
· Ability to prioritize, multi-task, and meet tight timelines.
· Proficiency with Microsoft Office suite of software.
· The following designations are preferred: CPM, CAPS, CAM
Physical Demands and Work Environment:
· Regularly required to sit, use hands, talk, and hear for extended periods of time. Occasionally required to stand, walk, and lift up to 40 pounds.
· Moderate to high stress work environment with occasional need to work nights and weekends.
· Low to moderate noise level; friendly and goal-oriented corporate culture.
· Must be able to physically access all exterior and interior parts of the property and amenities.
· This position primarily works in an office environment, but also may have frequent exposure to outside elements where temperature, weather, odors, and/or landscape may be unpleasant and/or hazardous.