Regional Property Manager
- Full-Time
- Memphis, TN
- Blue Magma Residential, LLC
- Posted 3 years ago – Accepting applications
Job Description
POSITION OVERVIEW
The Regional Property Manager is responsible for the day to day operations of the properties in a given portfolio and is the direct supervisor of the respective Property Managers. The RM is expected to maintain industry leader standards and to obtain the maximum Net Operating Income possible for each property.
POSITION DUTIES
- The Regional Property Manager will establish and maintain an environment of measured accountability for all on site team members – both office and service. ESSENTIAL FUNCTIONS
- To manage portfolio operations to the highest standards of the industry while delivering superior team satisfaction and property financial performance
- In conjunction with the Property Manager and the Asset Manager, create an annual business plan and operating budget
- Review monthly dashboard report, analyze, affect change and create a sense of healthy competition among your peers and your managers as a positive motivation for improving results • Present monthly reporting related to the financial performance of each asset that details accomplishments, pending future challenges/opportunities and variances from the approved budget and business plan •
- Works with Human Resources for any necessary employee corrective action
- Assure compliance with all company polices and government agency laws and standards including Fair Housing/HUD, Equal Employment Opportunity Commission, Americans with Disabilities Act, Occupation Safety and Health Administration, and plaintiff liability issues
- Provide advance notification to owner, EVP and asset manager of pending budget variances as defined and occasionally revised in the policy and procedure manual
- Coordinate with the Director of Facilities Maintenance to evaluate all contracts for optimal pricing, bulk purchasing options and quality of service • Maintain rent collections and bad debt at or below the standard set forth in the operating budget and the policies and procedures manual
- Monitor the on-site employee bonus program and provide promptly compensation to those who have achieved or exceeded the expectation set forth by the program
DESIRED SKILLS AND QUALIFICATIONS
- Greater than five years’ experience in the property management field with more than three years as a Property Manager
- Bachelor’s degree preferred
- Ability to lead and motivate others
- Ability to work independently
- Strong judgment and make defend-able decisions in urgent and emergency situations •
- Ability to travel with regularity throughout the portfolio (25% - 50%)
- Experience with Excel, Word, PowerPoint and property management reporting software (Resmen a plus)
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