Managing Director, Multifamily

Cushman & WakefieldAustin, CO
1d$191,250 - $225,000

About The Position

The Managing Director serves as the market leader for a designated sub-region, overseeing the firm’s Austin residential portfolio. In partnership with Regional Property Managers, the role is accountable for achieving operational and financial targets, delivering high-quality service, maintaining strong client partnerships, and ensuring sustained profitability and growth.

Requirements

  • Financial Acumen
  • Customer Focus (internal and external) and Communication Proficiency (oral and written)
  • Time Management Skills and People Management Skills
  • Leadership and proven experience in identifying, developing, and motivating team members
  • Business Development and proven track record in generating new business
  • Extensive experience in analyzing and negotiating commercial lease and/or contract language
  • Develop the most profitable and efficient personnel model to staff each asset
  • Excellent negotiation skills and be able to meet deadlines
  • Bachelor’s Degree required
  • 10+ years of Property Management experience
  • 10+ years of Management experience
  • CPM and/or RPA comparable experience in a Senior Leadership role

Nice To Haves

  • Graduate Degree preferred

Responsibilities

  • Create value through new business growth in Residential Portfolio’s, cross sell service lines and geographic locations for additional revenue for the firm, identify and pursue expansion of service opportunities with existing clients
  • Develop/implement/enhance marketing plans for Residential Portfolios organize/lead team proposals for new business while leveraging relationships to maximize success rate
  • Participate in monthly calls to share best practices and produce leads for residential clients in multiple markets
  • Establish and monitor appropriate checks and balances to ensure high level of quality in operations while ensuring that Residential teams understand and exceed Client goals and objectives for each property
  • Negotiate property management agreements with all clients
  • Ensure compliance with all management agreements, service contracts, and accounting policies and procedures as well as SOC controls
  • Review and approve expenditures, which exceed the authority level established for property manager per the management agreement or C&W's SOC controls
  • Guarantee timeliness and accuracy of financial and management reports
  • Maintain relationships with Client's key decision makers
  • Verify the existence of property procedures including Operations Manual, Tenant Handbook, and Emergency Procedures per C&W's or Client's policies and procedures
  • Collaborate with client accounting, corporate accounting, finance, TQC, and other functional leaders
  • Develop the most profitable and efficient personnel model to staff each asset
  • Participate in national Residential task forces and/or committees
  • Deliver financial results (P&L responsibility), as well as preparing market level Residential budgets, including monthly variances and forecasting

Benefits

  • Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work.
  • In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
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