Regional Vice President

Elmington Property Management•Nashville, TN

About The Position

Bedrock Property Management is seeking a Regional Vice President to lead regional teams and operations while supporting resident and owner satisfaction. The role oversees Regional Managers, vendor relationships, portfolio performance, financial reporting, and regional financial goals. The Regional Vice President serves as a key Bedrock leader for residents, vendors, employees, owners, and other stakeholders, and works to improve property performance and profitability. The position is responsible for financial management and reporting across an assigned portfolio, including budgets and P&L performance. It also oversees execution of company and owner strategies, community standards, policies, and performance expectations. The role participates in hiring and salary administration for portfolio management personnel, evaluates portfolio results and improvement plans, and reports to company management, investors, and lenders. The Regional Vice President helps identify potential third-party business, supports acquisition due diligence and underwriting, and provides strategic direction regarding acquisitions and dispositions. The position develops relationships with clients, vendors, industry groups, public organizations, government representatives, and other stakeholders. Travel may be required up to 45% of the time. The work environment generally has moderate noise and temperature, with the ability to withstand seasonal outdoor heat and cold. Bedrock describes a culture focused on genuine care, service, collaboration, ownership, continual growth, clarity, and excellence.

Requirements

  • Minimum of 5 to 10 years of multifamily, multi-location property management experience.
  • Bachelor's degree in real estate, management, finance, human services, or a related field, or 10 years of multi-location management experience.
  • Demonstrated track record of successfully leading high-visibility and/or performance-challenged properties.
  • Expert knowledge of applicable local and federal laws, including Fair Housing and Landlord-Tenant laws.
  • Strong interpersonal skills and the ability to influence and coach.
  • Experience successfully leading and building teams through positive motivation, goal setting, and accountability.
  • Exceptional verbal and written communication skills.
  • Strong organizational skills for managing multiple priorities, tasks, and deadlines.
  • Ability to manage and mentor leaders and oversee regional operations and financial performance.
  • Ability to adapt to changing priorities and circumstances.
  • Ability to travel up to 45% of the time.
  • Ability to sit, stand, and walk frequently; talk or hear regularly; and frequently use hands or fingers to handle or feel objects, tools, or controls.
  • Occasionally climb or balance, stoop, kneel, crouch, or crawl, and lift and/or move up to 25 pounds.
  • Vision abilities including close, distance, and peripheral vision and the ability to adjust focus.
  • Ability to withstand seasonal outdoor cold and heat.

Nice To Haves

  • Certified Property Manager (CPM) designation preferred.

Responsibilities

  • Ensure Regional Managers execute the strategies of property owners and Bedrock.
  • Understand financial statements and budgets; create annual budgets and oversee and manage P&L performance to meet goals.
  • Manage financial performance and reporting for properties in the assigned portfolio.
  • Oversee the team's execution of Bedrock's community performance standards and non-negotiables.
  • Develop, recommend, follow, and enforce company policies and procedures.
  • Administer salaries, conduct interviews, and recommend hires, consultants, or replacement personnel for portfolio management.
  • Review portfolio performance, identify underperforming properties, recommend improvements, and monitor progress toward objectives.
  • Conduct operating reviews with Area Vice Presidents and Regional Managers and implement strategies to improve asset performance and profitability.
  • Identify technologies, trends, and processes that could be incorporated into best practices.
  • Support the company's goals, image, and presence in the market.
  • Oversee monthly, quarterly, and annual portfolio reporting to company management, investors, and lenders.
  • Identify prospective third-party business relationships and pitch new business with the sales team.
  • Assist with due diligence and underwriting for potential acquisitions.
  • Provide strategic direction for property acquisitions and dispositions.
  • Build relationships with clients, industry and trade associations, government representatives, public service organizations, customer groups, and vendors.
  • Represent Bedrock positively with owners, vendors, and the company at meetings and association events.
  • Perform other duties as assigned.
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