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Vice President of Property Management

Company: Cambridge Management Company
Location: Santa Clara
Posted on: September 18, 2020

Job Description:

We are an established and growing SF Bay Area Multifamily Property Management Owner / Operator with an expanding portfolio of apartments in Silicon Valley.

The position will be part of the Executive Team.

We strive for excellence through collaborative leadership and team building. To thrive as the Vice President, you must be a prudent manager and a supportive, inspiring leader. You will be responsible for giving proper strategic direction as well as creating vision for team and company success.

This position is responsible for providing leadership and oversight to the property management team, including property operations, financial performance, compliance, talent acquisitions, enhancement and retention, marketing, training, IT implementation and, CapEx. The Vice President ensures that established financial performance targets are achieved or exceeded, assure compliance with all company policies and procedures and ensure quality delivery of training and support to the team and the company's client.

RESPONSIBILITIES

Participate in the establishment and implementation of organizational policies and procedures.

Review activity reports, tracking progress toward occupancy, pricing and operating revenue and expense goals and objectives; take corrective actions as needed.

Strong Business Development initiatives for current and newly acquired assets

Develop high quality business strategies and plans ensuring their alignment with short-term and long-term objectives.

Execute the strategic vision for the company and develop the implementation plan for initiatives.

Lead the property management role in the due diligence process.

Ensure a smooth transition during the management of property acquisitions.

Oversee the development of plans to improve property performance issues and/or capital needs to maximize the performance of the assets.

Ensure that all organizational policies, procedures and practices are in compliance with professional and regulatory standards and further organizational success.

Provide leadership and direction to a team of Regional Managers, who manage assigned properties.

Motivate team through positive recognition and strong leadership giving emphasis on business development, marketing, legal, business affairs and human resources issues.

Perform essential management function duties such as hiring, training, coaching, succession management, performance management, salary administration, career development, disciplinary counseling, and termination of subordinates.

Maintain a genuine open-door policy to address employee issues and concerns.

Work closely with Regional Managers concerning property, resident or personnel needs or challenges.

Perform inspections of communities to ensure proper curb appeal, leasing and maintenance operations, delivery of our brand promise to residents, and professionalism of team members.

Provide oversight for asset preservation and optimization of revenue to include physical evaluation of properties as indicated by property information reporting.

Assist with the implementation of resident retention programs; evaluates the efficiency of programs and make recommendations for improvement as needed.

In collaboration with other support departments, develop and direct the strategic and tactical activities for the company consistent with the established company direction and provide resources to achieve goals.

Collaborate with the Marketing Department to review and implement marketing, advertising, and pricing strategies.

Represent the company in a professional manner at all times. Consistently maintain a professional, courteous attitude when dealing with residents, subordinates, coworkers, and the general public.

Connections with suppliers and property management professionals in Silicon Valley market

Must be able to travel when necessary.

Undertake special projects as directed by the President and Owner.

REQUIREMENTS

Background in Multifamily real estate operations in or around Silicon Valley, CA.

Entrepreneurial, people centric leadership style with focus on overall financial performance.

Minimum of 10+ years' experience in a Sr. Leadership or Director for a multi-family real estate company required.

Proven track record in successfully overall direction of a minimum of 10 properties.

Previous experience in successfully leading and mentoring multiple Regional Managers, Community Managers, Service Managers and/or Area Managers.

Excellent aptitude in property management accounting systems.

Must be proficient with Word, Excel, Outlook and Yardi / RentCafe.

Ability to prioritize and multitask in a fast paced environment

SF Bay Area Candidates are preferred

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Keywords: Cambridge Management Company, Santa Clara , Vice President of Property Management, Other , Santa Clara, California

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