Regional Specialist

Cirrus Asset Management•Olympia, WA

5h•$120,000 - $140,000

About The Position

The Regional Specialist oversees a portfolio of multifamily communities and serves as the primary operational contact for third-party ownership groups. The role is responsible for on-site personnel, property operations, resident concerns, marketing and leasing, physical asset maintenance, financial performance, reporting, and compliance. The position works with Property Managers, corporate departments, accountants, executive leadership, and owners to support community performance and achieve operational and financial objectives. The assigned portfolio consists of six properties and approximately 600 units, spanning West Linn, Oregon, to Everett, Washington, and including two buildings in Yakima, Washington. The role requires weekly travel throughout the assigned portfolio. The stated schedule is Monday through Friday, 9:00 a.m. to 6:00 p.m.; flexibility to work after hours in emergencies is required. The position is based in Washington, and candidates must reside in Washington.

Requirements

At least three consecutive years of property management experience as a Regional Manager overseeing five or more properties.
Direct experience with LIHTC and other affordable housing programs in Washington.
Washington State Real Estate license.
Must reside in Washington.
Weekly travel throughout the assigned property portfolio.
Valid driver's license, operational vehicle, and valid automobile insurance.
Ability to prepare and deliver professional presentations to third-party ownership groups about financial performance, operational results, business plans, and strategic recommendations.
Computer literacy, including Microsoft Word, Excel, and Outlook for Windows; advanced Excel skills are preferred.
Strong verbal and written communication skills.
Ability to work effectively with a variety of people and personality types, with a strong work ethic and team-oriented approach.
Sound decision-making and effective negotiation skills.
Ability to climb stairs and ladders if necessary.
Flexibility to work after hours in emergency situations.
Physical and mental ability to perform the listed essential duties.

Nice To Haves

Four-year college degree; relevant experience and industry designations may be considered in lieu of a degree.
Knowledge of Yardi Residential.
Advanced-level Excel skills.

Responsibilities

Uphold the Company's Core Values and Mission Statement.
Oversee assigned multifamily communities and maintain strong relationships with third-party ownership groups as their primary operational contact.
Hire, train, supervise, develop, and terminate on-site personnel; ensure compliance with company policies and procedures, staff performance, and timely completion of duties.
Assist with special projects, administrative tasks, written work generated by Property Managers, and coordination with other company departments.
Assess employee strengths and weaknesses, set goals, and support performance improvement in line with individual capabilities and goals.
Handle or assist with resident problems that Property Managers cannot resolve.
Attend scheduled inspections and reviews; regularly audit resident files for documentation and compliance.
Maintain awareness of applicable laws and agency regulations, including fair housing, sexual harassment, disability accommodations, and landlord-tenant relationships.
Develop marketing goals, prepare regular market surveys, communicate with surrounding communities, and pursue advertising and promotions.
Review rental applications and lease documents for accuracy and compliance with corporate policies.
Regularly inspect properties for safety hazards, damage, and needed repairs; follow up to verify repairs meet applicable standards and policies.
Monitor preventative maintenance and resident service requests; periodically evaluate maintenance operations for cost efficiency.
Recommend major repairs, replacements, and improvements, and monitor routine supply and material purchases against budgets.
Interpret financial statements, operating reports, and performance indicators to identify trends, risks, and improvement opportunities.
Analyze occupancy, leasing, rent collections, delinquency, expenses, and net operating income; develop action plans to improve results across the portfolio.
Present financial performance, budget variances, operating results, and business plan updates to third-party owners, with strategic recommendations and progress updates.
Partner with Property Managers on corrective action plans for underperforming communities and monitor and adjust strategies to meet occupancy, revenue, expense, and NOI goals.
Evaluate portfolio performance and market conditions to identify ways to increase revenue, improve leasing, strengthen collections, control expenses, and maximize asset value.
Provide strategic recommendations to executive leadership and third-party owners on operational initiatives, capital investments, and financial performance.
Implement and supervise the rent collection program and achieve budgeted NOI.
Assist Property Managers and corporate accountants with monthly financial reports and explanations of budget variances.
Assist Property Managers with management plans, marketing plans, vendor contracts, and budgets.
Approve invoices exceeding maximum spending amounts allocated to site staff; provide final approval of property invoices, payroll, reports, and budgets.
Ensure payroll information is submitted to the corporate office on time and monitor resident account receivables weekly.
Review and complete monthly community reports for the corporate office and attend monthly managers' meetings.
Review, approve, and/or sign contracts and proposals in conjunction with the Property Manager.