Buckingham Companies
Join to apply for the
Vice President, Property Management
role at
Buckingham Companies
The
Vice President, Property Management
is responsible for providing oversight of the day-to-day activities of an assigned multifamily portfolio, including property operations, financial performance, asset management, asset preservation, people management, marketing, training, CapEx and compliance. The
Vice President, Property Management
will ensure that established financial performance targets are achieved or exceeded, assure compliance with all company policies and procedures, and ensure quality delivery of services. The
Vice President, Property Management
will be responsible for managing client relations with fee managed owners and asset managers and will actively pursue new fee business for the company.
College degree in finance, property management, real estate or business; a master’s degree highly preferred
Real Estate broker’s license a plus
CPM designation a plus
Valid Driver’s License and reliable transportation a must
Travel will be required
Experience / Skills
Minimum of seven (7) years’ progressive experience managing a portfolio of units in multiple markets
Minimum of three (3) years' of successful supervisory experience; managing RPMs or District Managers
Strong background in managing diverse types of multi-family communities - including conventional, mixed use, student, and LIHTC and HUD projects
Strong focus on marketing, rehab, and re-positioning assets
Strong track record of successful personnel management - including hiring, training and staff development
Strong track record of managing client relations
Technical understanding of design and construction
High degree of experience in financials, budget planning, expense monitoring and profit and loss responsibility
Excellent computer skills, with emphasis on Microsoft Office; Yardi; LRO; P2P; Concur; Excel
Essential Functions
Leads by example and develops, walks, and teaches the Buckingham culture
Develops and implements rigorous annual budget preparation process
Monitors expense controls and implements initiatives
Increases property NOI annually as determined by budget rollups, including achieving
Conducts monthly financial reviews with Regional Property Managers and District Managers and addresses variances and concerns
Establishes and implements a rigorous monthly forecasting process for each asset
Reviews and approves capital improvement projects within budget parameters
Conducts a minimum of three site visits per property annually, with more frequent visits to troubled assets as appropriate
Oversees curb appeal and asset preservation meeting/exceeding company expectations
Oversees marketing initiatives and advertising/leasing plans
Identifies and implements consistent ancillary income sources to increase property revenues
Benchmark property performance against regional and national averages
Creates and implements action plans for under-performing assets
Communicates with outside owners, investors and mortgages and/or delegates as appropriate
Ensures that owner reporting packages are consistent and delivered to all clients in a timely fashion
Ensures that all communications with owners/clients are properly documented and archived
Serves as a team member and point of contact in the processes of acquisitions and new construction, providing assistance and feedback on marketability and management of assets
Coordinates team members, including outside contractors, to complete the due diligence process on third party management opportunities and potential acquisitions
Partners with others involved to create financial pro forma on new construction projects and potential acquisitions including performing acquisition underwriting review
Partners with CAPEX team to coordinate with vendors to set up better pricing and contracting terms where appropriate
Partners with management team on NSPIRE (REAC) preparation and execution to achieve passing scores
Oversees the recruitment, selection, training, supervision and counseling of management staff in accordance with company policy and EEO guidelines
Performs annual employee appraisals and administers appropriate action
Establishes and oversees policies for property operations
Coordinates with vendors to set up better pricing and contracting terms where appropriate
Partners with Compliance and Legal to review status of liability and property damage claims and addresses operational policies that impact risk management exposure
Works directly with in-house legal counsel in managing property related litigation
Partners with support groups to effectively manage the portfolio
Achieves established KPI’s and company goals
Develops, completes and distributes all reports in a timely fashion to ownership as required
Other duties as assigned by the Head of Property Management
Seniority level
Executive
Employment type
Full-time
Job function
Sales and Management
Referrals increase your chances of interviewing at Buckingham Companies by 2x
Get notified about new Vice President Property Management jobs in
Indianapolis, IN .
Indianapolis, IN $90,000.00-$100,000.00 1 week ago
#J-18808-Ljbffr
Vice President, Property Management
role at
Buckingham Companies
The
Vice President, Property Management
is responsible for providing oversight of the day-to-day activities of an assigned multifamily portfolio, including property operations, financial performance, asset management, asset preservation, people management, marketing, training, CapEx and compliance. The
Vice President, Property Management
will ensure that established financial performance targets are achieved or exceeded, assure compliance with all company policies and procedures, and ensure quality delivery of services. The
Vice President, Property Management
will be responsible for managing client relations with fee managed owners and asset managers and will actively pursue new fee business for the company.
College degree in finance, property management, real estate or business; a master’s degree highly preferred
Real Estate broker’s license a plus
CPM designation a plus
Valid Driver’s License and reliable transportation a must
Travel will be required
Experience / Skills
Minimum of seven (7) years’ progressive experience managing a portfolio of units in multiple markets
Minimum of three (3) years' of successful supervisory experience; managing RPMs or District Managers
Strong background in managing diverse types of multi-family communities - including conventional, mixed use, student, and LIHTC and HUD projects
Strong focus on marketing, rehab, and re-positioning assets
Strong track record of successful personnel management - including hiring, training and staff development
Strong track record of managing client relations
Technical understanding of design and construction
High degree of experience in financials, budget planning, expense monitoring and profit and loss responsibility
Excellent computer skills, with emphasis on Microsoft Office; Yardi; LRO; P2P; Concur; Excel
Essential Functions
Leads by example and develops, walks, and teaches the Buckingham culture
Develops and implements rigorous annual budget preparation process
Monitors expense controls and implements initiatives
Increases property NOI annually as determined by budget rollups, including achieving
Conducts monthly financial reviews with Regional Property Managers and District Managers and addresses variances and concerns
Establishes and implements a rigorous monthly forecasting process for each asset
Reviews and approves capital improvement projects within budget parameters
Conducts a minimum of three site visits per property annually, with more frequent visits to troubled assets as appropriate
Oversees curb appeal and asset preservation meeting/exceeding company expectations
Oversees marketing initiatives and advertising/leasing plans
Identifies and implements consistent ancillary income sources to increase property revenues
Benchmark property performance against regional and national averages
Creates and implements action plans for under-performing assets
Communicates with outside owners, investors and mortgages and/or delegates as appropriate
Ensures that owner reporting packages are consistent and delivered to all clients in a timely fashion
Ensures that all communications with owners/clients are properly documented and archived
Serves as a team member and point of contact in the processes of acquisitions and new construction, providing assistance and feedback on marketability and management of assets
Coordinates team members, including outside contractors, to complete the due diligence process on third party management opportunities and potential acquisitions
Partners with others involved to create financial pro forma on new construction projects and potential acquisitions including performing acquisition underwriting review
Partners with CAPEX team to coordinate with vendors to set up better pricing and contracting terms where appropriate
Partners with management team on NSPIRE (REAC) preparation and execution to achieve passing scores
Oversees the recruitment, selection, training, supervision and counseling of management staff in accordance with company policy and EEO guidelines
Performs annual employee appraisals and administers appropriate action
Establishes and oversees policies for property operations
Coordinates with vendors to set up better pricing and contracting terms where appropriate
Partners with Compliance and Legal to review status of liability and property damage claims and addresses operational policies that impact risk management exposure
Works directly with in-house legal counsel in managing property related litigation
Partners with support groups to effectively manage the portfolio
Achieves established KPI’s and company goals
Develops, completes and distributes all reports in a timely fashion to ownership as required
Other duties as assigned by the Head of Property Management
Seniority level
Executive
Employment type
Full-time
Job function
Sales and Management
Referrals increase your chances of interviewing at Buckingham Companies by 2x
Get notified about new Vice President Property Management jobs in
Indianapolis, IN .
Indianapolis, IN $90,000.00-$100,000.00 1 week ago
#J-18808-Ljbffr