Director of Strategy & Operations

Elmington•Nashville, TN

About The Position

The Director of Strategy & Operations works directly alongside the EVP of Operations as a strategic partner across Elmington’s asset management, accounting, finance, and operations functions. The role also supports cross-functional projects that extend into Elmington Construction and Elmington Living. It is a broad, high-visibility leadership position with no fixed lane: work may include financial forecasting, reviewing partnership or loan documents, preparing partner memos, and resolving urgent property issues. The role offers exposure to development, construction, property management, and investor and lender relationships across more than $4 billion in affordable housing assets in eight states. Depending on the employee’s interests and performance, it may develop into a long-term strategic leadership position or expanded responsibilities across asset management, finance, and operations. The Director will help optimize the income, expenses, debt, and bottom line of Elmington’s multiple locations and business lines. The position calls for an analytical, self-sufficient teammate who can manage ambiguity, shifting priorities, and high-stakes problems, and who takes ownership and follows work through to resolution. The role involves handling sensitive and confidential financial, legal, and personnel information and occasional travel to properties and partner meetings across Elmington’s markets, estimated at 15–20%.

Requirements

MBA from an accredited program; recent graduates are encouraged to apply.
Advanced Excel and financial modeling skills.
Exceptional written and verbal communication skills, including the ability to distill complex issues for senior leaders and external partners.
Comfort with ambiguity, shifting priorities, and taking ownership of problems without a defined playbook.

Nice To Haves

Prior experience in investment banking, real estate investment, development, asset management or lending, or affordable housing.
Fluency with generative AI tools and a demonstrated interest in applying them to business problems.
Knowledge of LIHTC or affordable housing.

Responsibilities

Act as an extension of the EVP of Operations, owning priority initiatives across asset management, accounting, finance, and operations from problem definition through resolution.
Respond to time-sensitive portfolio issues, including lender and investor requests, capital and cash flow questions, compliance matters, and operational escalations.
Build and maintain Excel financial models and analyses, including cash flow and distribution forecasts, budget-to-actual variance analyses, capital needs, partnership and loan economics, and cost-benefit analyses of operational initiatives.
Review and interpret partnership agreements, loan documents, regulatory agreements, and property operating statements to support decision-making.
Prepare executive-ready memos, presentations, and correspondence for firm partners, investors, lenders, syndicators, and public agency partners.
Work with the Controller, Director of Asset Management, Director of Finance, and Operations Manager to gather information, align on priorities, and advance cross-functional work.
Lead or support strategic and cross-functional initiatives across Elmington, including projects with Elmington Construction and Elmington Living on process improvement, standardization, capital, and new business.
Represent the EVP of Operations in internal and external meetings as needed, capture action items, and follow through to completion.
Identify and implement opportunities to use AI tools and automation to improve the speed and quality of analysis, reporting, and recurring workflows.
Manage concurrent workstreams and changing priorities while tracking open items and deadlines in an organized manner.
Handle sensitive and confidential financial, legal, and personnel information with discretion.