mrk property managementBaltimore, MD
Area Vice President, Property Management
Area Vice President, Property Management
Area Vice President, Property Management
mrk property managementBaltimore, MD
today
Property, Real Estate, and Community Association ManagersGeneral and Operations ManagersFacilities Managers
Residential Property ManagersNonresidential Property ManagersOther Activities Related to Real Estate
Apply for this role →Description
Job Summary:
The Area Vice President of Property Management has responsibility for a geographic area or segment of the business and is responsible for the development and implementation of comprehensive programs, initiatives, and strategies that promote the achievement of owner, company, and division objectives. This includes facilitating optimum operational, financial, asset preservation, and human resource outcomes within their assigned area. This position typically has oversight responsibility for 2,500 to 5,000 apartment units while supervising multiple Regional Managers. The position will over see properties in Pennsylvania, Delaware, Maryland and Virginia.
Essential Job Functions:
Model and instill company mission and values throughout the portfolio
Participate as contributing partner in the company's strategic planning process
Develop and implement strategic plans to promote revenue growth and total operating income
Champion continuous improvement and regularly oversee the implementation of initiatives to enhance resident satisfaction, work processes and employee productivity
Determine resource requirements and develop a business case to convey anticipated cash flow
Spearhead the development and implementation of division wide policies, procedures and initiatives
Ensure consistent adherence to company policy and procedure throughout the portfolio
Implement best practices throughout the portfolio
Oversee the development of operating and capital expense budgets which reflect the owner's performance objectives
Oversee the forecasting of major capital expense projects, including HVAC systems, roofing, and parking lot surfacing, etc.
In partnership with Regional Management, perform periodic operational reviews throughout the portfolio and recommend corrective action to address deficiencies
Analyze monthly financial statements and take timely action to remediate substandard performance while applauding superior results
Visit each property semi-annually; complete a full audit of each property annually
Oversee all aspects of new lease-ups (e.g. staffing, logistics, leasing, application processing, etc.)
Through Regional Management, verify that property files and documentation are complete, accurate, legible, and compliant
Through Regional Management, oversee completion of inspections and annual re-certifications for all funding sources accurately and on-time to ensure compliance with applicable program/s (e.g. Low-Income Housing Tax Credit (LIHTC), Home, Public Housing,
Through Regional Management, ensure the portfolio meets all contractual and operational obligations-safety, security, maintenance, marketing, landscaping/curb appeal, etc.
In partnership with Regional Management and Human Resources, ensure that vacant positions are filled with compatible, career-oriented employees as soon as possible-ideally within 45 days of less
Participate in high-profile job interviews and partner with Regional Management and Human Resources to make well-informed hiring determinations (e.g. Regional and District Managers, Regional and District Maintenance Supervisors, Property Managers of complex properties, etc.)
Counsel underperforming employees and provide direct commentary to improve their performance
Identify top performers and advocate their ongoing development-build a bench
Keep ownership and the Interim President, IMC well-informed of significant developments within the portfolio
Other duties as assigned by the Interim President, IMCPhysical Requirements
This job operates in an office environment and on the road. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. This job requires up to 40% travel throughout the Mid-Atlantic region.
Requirements:
Knowledge, Skills, and Abilities
Bachelor's degree required
Minimum of 7 years within the property management industry
At least 7 years of senior-level supervisory experience, which includes annual budget processing, accounting, compliance, and interviewing/selection/performance management of employees
Experience with Public Housing, Project-based Voucher, Tax Credit, HUD, and Section 8 is highly preferred
Excellent interpersonal skills
Advanced financial acumen and critical thinking skills
Advanced analytical and problem-solving skills
Superior written and verbal communication skills
Embrace software updates, AI, etc.
Ability to work in a fast-paced, action-oriented environment
Ability to establish relationships across the organization and at various hierarchical levels
Ability to establish relationships with the state and federal agencies
Our Values:
Embrace New Ways: obstacles are opportunities, and challenges are catalysts for change
Serve the Community: give back and pay it forward
Drive to Achieve: ambition and determination - we can achieve anything we can imagine
Purpose Over Pride: Collaboration, thoughtful listening, and respect guide how we work with each otherWE'VE GOT YOU COVERED
We take pride in supporting the health and well-being of our teammates and their families: Full medical, prescription, dental and vision benefits
Company-paid life and AD&D insurance
Company-paid short-term and long-term disability
A 401(k) retirement plan with company match
Paid time off, accrued based on years of service
Supplemental insurance for employees and families
Employee Assistance Program for confidential counseling
Additional paid day off to provide community or charitable services
Paid holidays; approximately fourteen (14) per year
Peace of mind and a great working environmentMRK provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, veteran status, sexual orientation, and gender identity.#LP
Also on the board Same function, level within a rung
Level
Manager
Location
Baltimore, MD
Occupation
Property, Real Estate, and Community Association Managers
Industry
Residential Property Managers
Posted
today