Regional Vice President - (Residential Multi-Family Property Management)

Pratum Companies • Gaithersburg, MD

12d • Onsite

About The Position

The Regional Vice President manages operations and maximizes the financial value of a diverse, multi-site residential portfolio of affordable housing communities, including LIHTC and HUD Section 8 properties. The portfolio is primarily in the Washington, DC, Maryland, and Virginia metro region. The position is based in that region, is not work-from-home, and requires routine, often daily and sometimes multi-day, travel to properties for on-site oversight.

The role is accountable for achieving the financial and operational goals of the owners, company, and region. The Regional Vice President leads on-site staff and works to maintain occupancy and revenue, property standards, unit turns and routine maintenance, grounds, owner and resident satisfaction, and expense control. The role oversees assigned properties, staff, budgets, compliance, reporting, inspections, and property-management activities.

Requirements

• At least 5 years of experience in affordable LIHTC and HUD Project-Based Section 8 multifamily property management.
• Successful experience with certifications, recertifications, REAC/NSPIRE inspections, and MORs.
• Successful experience managing a large portfolio as a Regional Property Manager, Senior Regional Property Manager, or higher, including leading supervisors who manage other team members.
• Working knowledge of property management, accounting, inspections, collections, evictions, and marketing.
• Willingness to travel extensively and work on-site at properties in the assigned portfolio.
• Strong experience with Yardi and Microsoft Office Suite, including Outlook, Word, Excel, and Teams.
• Understanding of financials, budgets, regulations, applicable affordable housing programs, and local and state statutes.
• Excellent organizational, email communication, and time-management skills, with the ability to multitask and prioritize.
• Strong customer-service and communication skills with residents, clients, employees, and people at all levels.
• Ability to work with minimal supervision and direction.
• Strong leadership, management, and supervisory skills.
• Ability to train and evaluate others, develop skills, and manage performance effectively.
• Strong resident-relations skills and ability to model conflict resolution and customer satisfaction.
• Valid, unrestricted driver’s license and reliable transportation.
• Exceptionally strong English communication skills, including the ability to interpret complex documents; respond effectively to sensitive inquiries and complaints verbally and in writing; and deliver persuasive speeches and presentations on complex or controversial topics.
• Ability to apply mathematical concepts to budgeting, risk analysis, bidding, financial management, and practical calculations.
• Ability to apply logical or scientific thinking to complex problems and adapt prior knowledge to new or unfamiliar situations.
• Ability to work days, evenings, and weekends as needed.

Nice To Haves

• Washington, DC Property Manager’s License.
• College degree; preferred but not required.
• CPM, HCCP, COS, or equivalent certification.

Responsibilities

• Manage the overall operations of assigned properties and the region’s residential portfolio.
• Review monthly financial reports, prepare owner reports, and attend asset management meetings.
• Respond to questions from owners, government agencies, financial institutions, auditors, accounting, and staff.
• Hire, oversee, and evaluate staff; approve raises; counsel employees; and administer personnel decisions.
• Monitor compliance with federal, state, and local regulations and company policies and procedures.
• Review leases, rules and regulations, contracts, licenses, rent schedules, personnel files, and resident files.
• Review delinquency reports, bank deposits, equipment inventories, and inspection results.
• Inspect properties and implement property standards.
• Supervise, train, and conduct staff meetings with Regional Property Managers, Community Managers, and other team members.
• Enforce staff safety standards and training.
• Follow up on property-management matters as needed.
• Prepare and implement budgets.
• Negotiate contracts on behalf of properties or the company, subject to approvals.
• Prepare properties for regulatory agency inspections.
• Travel extensively, typically daily and sometimes for multiple days, to provide on-site coverage and oversight of assigned properties.
• Perform other tasks, duties, projects, and responsibilities as assigned by management.

Benefits

• Two weeks of paid vacation for eligible full-time positions of 30 or more hours per week.
• Five days of sick leave for eligible full-time positions of 30 or more hours per week.
• Eleven paid holidays for eligible full-time positions of 30 or more hours per week.
• Health and welfare benefits for eligible full-time positions of 30 or more hours per week.
• May be eligible for discretionary and/or performance-based spot or annual bonuses.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed