Regional Manager-New Business

MetroPlains Management•Saint Paul, MN
•$95,000 - $105,000•Onsite

About The Position

MetroPlains Management is seeking a Regional Manager of New Business for the metro area. The role develops and implements strategies to maximize and support administrative, financial, capital, and operational aspects of the MetroPlains Management portfolio in the assigned region. Affordable housing experience is essential. The position includes oversight of property budgets, asset management, regulatory compliance, collections, operating costs, staff performance, property operations, marketing, reserves, and insurance claims. Travel to properties is required, with visits at least quarterly and more often for troubled properties. The role is based at Spruce Tree Centre LLP in St. Paul, Minnesota, with travel of up to 50%. The position is full-time, day shift, and offers a stated salary range of $95,000 to $105,000 per year. Full-time employees are eligible for a comprehensive benefits package, including medical, dental, vision, life and disability, critical illness and accident insurance, paid time off, 12 paid holidays, a 401(k) with company match, health savings accounts, employee recognition, training and development programs, career growth opportunities, and community volunteer opportunities. Job offers are contingent upon successful completion of a background verification. MetroPlains is an Equal Opportunity Employer.

Requirements

  • Affordable housing experience is essential.
  • Knowledge of Section 42, Section 8, and Rural Development regulations.
  • Ability to prepare budgets and real estate financial analyses, including income, expense, and reserve projections.
  • Ability to work effectively with residents and staff and handle management and administrative duties.
  • Ability to work independently, organize work, establish priorities, follow procedures, and meet deadlines.
  • Demonstrated ability to manage stressful situations calmly and effectively.
  • Must have transportation and a safe driving record because driving to properties is required.

Nice To Haves

  • Prior experience with Section 42, Section 8, and Rural Development programs.

Responsibilities

  • Prepare and develop budgets and real estate financial analyses, including projections of income, expenses, and reserves.
  • Prepare annual budgets in cooperation with the assistant regional manager and area manager, and review and approve budgets before submission for owner approval.
  • Communicate property goals and direction to area managers and property managers.
  • Manage assets to ensure owner objectives are met, including aesthetics, regulatory compliance, cash flow, and long-term value retention.
  • Ensure staff are trained, review sites, and take action when compliance reports fail.
  • Ensure monthly payments, late charges, and maintenance charges are collected when due; review operating reports and oversee collections against budget projections.
  • Review property maintenance costs to meet owner and resident expectations and budget projections, and ensure staff meet those goals.
  • Travel to properties, meet with staff, and review operations at least quarterly or more often for troubled properties.
  • Review staff adherence to Fair Housing and MML marketing procedures and educate employees about fair housing marketing plan requirements.
  • Develop and implement marketing plans, with assistance from the sales and marketing department, for properties with high vacancies or in lease-up.
  • Prepare and monitor reserve requests and approve and coordinate funds for insurance claims.
  • Write performance reviews and performance improvement plans, and take disciplinary action when needed.
  • Perform management and administrative duties and work effectively with residents and staff.
  • Work independently, organize work, establish priorities, follow procedures, and complete tasks by established deadlines.
  • Handle stressful situations calmly, in an organized and effective manner.
  • Perform other duties as assigned.
  • Travel to properties using personal transportation and maintain a safe driving record.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • Critical illness and accident insurance
  • Paid time off
  • 12 paid holidays
  • 401(k) with company match
  • Health savings accounts
  • Employee recognition
  • Training and development programs
  • Career growth opportunities
  • Community volunteer opportunities
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