Regional Manager (Market Rate) (62388)

The Habitat Company•Chicago, IL

About The Position

The Habitat Company, LLC is a leader in residential multi-family real estate management and development. We are looking for talented individuals to join our team as we continue to expand and develop our company nationwide. We are a multi-state organization of approximately 500 team members specializing in asset management, property management and project management of market rate, affordable rentals, condominiums and commercial real estate. At The Habitat Company, we believe that it is the quality and experience of our team members that make a difference. Our professional team provides us with the depth of talent and ability that is so crucial to our success. The Habitat Company provides comprehensive compensation to our team members. In addition to wages, this position is eligible for participation in a performance-based bonus structure as well as medical, dental, vision, 401k, and other benefits offered through Habitat, detailed here : https://www.habitat.com/our-benefits Job Scope: The Regional Manager is responsible for the supervision of the Community Managers as assigned, and the enforcement of company policies including, but not limited to, improving the overall financial performance of all communities assigned, increasing revenues and controlling expenses while following Company’s best practices.

Requirements

A minimum of 5 years of hands-on experience in Property Management.
A certified Property Manager or similar designation.
In depth experience with business plan execution, financial management, reporting and operations.
Effective leadership skills and superior sales and marketing proficiencies.
Strong work ethic and the ability to work as part of a team.
Variance reporting experience required.
Proficiency in Microsoft Office applications; Yardi experience a plus.
Willingness to travel amongst communities within assigned region(s) and/or out of state.
Familiar with all procedures and requirements of accounts payable and accounts receivable
IL Leasing License or ability to obtain within 120 days of hire required

Nice To Haves

Third party management experience strongly preferred.

Responsibilities

Optimize the use of team member resources by hiring, training, empowering and motivating on-site Community Managers and team members
Review and approve annual budgets, submittals and anticipate budget variances
Assist in the development and implementation of marketing plans targeting prospective and existing residents
Closely monitor weekly trends in traffic, occupancy, availability and leasing for all communities assigned
Communicate effectively and on a regular basis with Senior Management to provide updates on Community operations and issues
Support specific marketing issues that are reported such as integration concerns, LRO pricing feed, incorrect website information and other possible situations
Acquire and review current market data to identify trends, opportunities, and threats, and create effective short- and long-term response strategies to improve or enhance the operations and financial performance of the assets
Maintain strategic knowledge of markets and competition within the market and region
Supervise the communication of each community marketing message through print, internet, social media, review sites, signage and other means of general advertising to ensure that all marketing efforts adhere to The Habitat Company’s brand standards and best practices
Adhere to all local, state and federal laws including all laws governing Fair Housing in compliance with local, state and national authorities regarding building code compliance
Monitors rent collections and the status of landlord/tenant actions, supervises all arrears and collection attempts
Ensure that vendor invoices are processed and approved weekly
Negotiate and supervise major contracted work as may be necessary for community alterations and improvements
Administer ownership directives
Perform onsite inspections, review office procedures and files, preventive and corrective maintenance, and janitorial cleaning
Ensures timely compliance with all reporting deadlines
Reviews/approves bad debt write offs and invoice credit memos
Responsible for adhering to and monitoring budgetary conformance for items within one’s control
Ensure that major budget items and capital improvements are completed as scheduled and in the proper budgetary year
Negotiate contracts for bulk purchases and common service contract utilizing the company’s volume
Maintain a program for ongoing education for the community managers and chief engineers/maintenance supervisors
Maintain an atmosphere conducive for individual motivation for growth within the company
Establish and maintain community relation programs with the community beneficial to the property
Perform written evaluations of the community managers and review all written evaluations as completed by the community manager making recommendations for salary increases, transfers and/or advancements
Perform other related duties as assigned