General Statement of Duties: The Assistant Regional Vice President is a result driven leader responsible for achieving satisfactory financial performance goals and maintaining the physical condition and marketability of the communities. Effectively develops and leads strong property management, compliance, leasing, maintenance and resident services teams to accomplish short and long-term objectives for assigned portfolio.
Supervision Received: Reports to the Regional Vice President
Direct Reports: Property Managers, Senior Property Managers, Area Managers for region
Essential Functions of the Position: (Any one position may not include all of the duties listed, nor do the listed examples include all duties that may be found in positions of this class.)
Responsible for achieving financial performance objectives and managing the portfolio’s financial operations following company and government agency rules, regulations and guidelines.
- Oversees preparation of annual operating budgets and performs budget projections for all properties. Analyzes actual income and expenses against approved budget guidelines, directs corrective action and requests appropriate budgetary adjustments.
- Ensures accurate and timely withdrawal of all reserve funds.
- Conducts financial results reviews with Property Managers, Assistant Property Managers, Area Managers, and all site employees on a routine basis. Forecasts and identifies problems and takes corrective action.
- Reviews and approves annual bids for all contract services.
- Evaluates and monitors utility costs and energy conservation programs.
- Oversees revenue management and pricing weekly.
- Oversees preparation of rent increase packages and timely submissions
- Ensures timely collection of resident and agency rents and/or subsidy payments. Implements appropriate collection practices.
- Prepares, reviews and maintains all data and information required by owners, investors, lenders and agencies for their region.
- Assesses and recommends changes to current policies and operational practices.
- Sets operational goals for each property and establishes company standards for property operations, sales and leasing, collections, customer service and workplace safety.
- Responsible for executing property start-up initiatives for newly developed and acquired properties in region.
- Enforces and adheres to company policies, rules and regulations.
- Preserves and respects resident and applicant confidentiality.
- Monitors and ensures program and regulatory compliance with the LIHTC and/or HUD program(s).
Represents Beacon Communities to the public and collaboratively develops a partnership with public officials, businesses and agencies.
- Acts as liaison to external and internal parties for all property-related emergencies.
Leads, manages, trains and develops a strong management team to drive the company’s growth.
- Determines staffing needs and directs the hiring process.
- Manages, trains and develops Property Managers, Assistant Property Managers and Area Managers.
- Develops succession plan for region.
Oversees the physical condition and security of all communities within the portfolio.
- Maintains knowledge of the physical condition of all properties and ensures inspection readiness. Conducts physical site inspections. Makes recommendations for exterior and interior apartment improvements.
- Oversees and negotiates capital improvements and contracts.
- Oversees and reviews Security contracts and performance.
- Ensures program compliance: REAC, LIHTC, HUD, other agencies and lenders. Reviews Annual Inspection Report. Implements required corrective actions.
- Assists other Beacon properties outside the region as requested by the Regional Vice President.
- Establishes a good working relationship with Regional Maintenance Supervisors and supports their efforts to standardize and streamline processes and efficiencies.
Fosters a positive, active and collaborative relationship with residents and ensures residents are being serviced appropriately.
Works with the VP, Resident Services to ensure regional RSC staff and programs are tailored to meet the needs of the communities.
- Troubleshoots and resolves complex resident and community issues.
Ensures all marketing initiatives are executed in accordance with the company’s marketing strategy and guidelines. Liaison with VP of Marketing.
- Executes marketing plan to reach owner approved financial targets.
- Oversees all lease renewal strategies and initiatives.
Education: Bachelor’s Degree in business or related field, advanced degree and/or professional certification desired.
Experience: Minimum five years property management experience including staff management and development, budgeting/ financial analysis. Multi-community, mixed income residential property management experience.
Qualifications and Skills: Solid property management operational experience. Proven expertise in Project Based Section 8, Section 236, 13A, Low Income Housing Tax Credit Programs and HOME programs. Ability to manage projects from conceptualization to implementation. Strong interpersonal skills that include conflict management and employee motivation. Excellent analytical and problem solving skills. Knowledge of Microsoft Word, Excel and Yardi. Excellent verbal and written communication skills. Entrepreneurial, flexible, creative and detail-oriented. Ability to handle emergency situations and pressure due to complexity and time sensitivity. On call 24/7 for emergencies.
Beacon Core Competencies required for all positions:
Teamwork, Integrity/Ethics, Dependability, Customer Focus, Adaptability/Flexibility.
Beacon Management Competencies required for all Management positions:
Decision-Making/Judgment, Communication, Budgets/Cost Control, Managing for Results, People Development.
Assistant Regional Vice President Functional Job Competencies required:
Job Knowledge, Organizational Savvy, Managing Diversity, Leadership.
Beacon Communities LLC seeks a diverse pool of candidates. We are committed to a policy of equal employment opportunity without regard to race, color, ancestry, national origin, religion, disability, gender, gender identity, sexual orientation, age, veteran status or other protected class.Back to All Careers