Regional Manager, Residential Operations

Sterling Karamar Property Management Inc.; Toronto; On-site; CAD 100,000 - 115,000; Full time

Job summary

Sterling Karamar Property Management Inc. in Toronto is seeking a Regional Manager, Residential Operations to translate the client’s strategic direction into action across a portfolio of multi-family properties.

You will lead property managers, oversee budgets and performance, and ensure compliance with policies while delivering a superior rental experience for residents. You will drive financial and operational excellence, collaborate with cross-functional teams, mentor staff, and support the

Qualifications

• 5 to 7 years’ experience in a similar regional management role.
• Proven multi-site management, communication and financial acumen.
• Experience with budgets and financial statements.
• Proficient in property management software (MS Office, Yardi).

Responsibilities

• Oversee portfolio of multi-family properties.
• Manage budgets and financial performance.
• Lead and mentor property managers.
• Negotiate contracts for renewals.
• Ensure safety standards and risk management.
• Collaborate with Leasing, Marketing and Accounting teams.
• Prepare quarterly performance reports.

Skills

Leadership

Change management

Interpersonal skills

Problem solving

Team mentoring

English fluency

Communication

Education

Post-secondary degree in finance or business

Knowledge of Landlord and Tenant Act

Tools

MS Office

Yardi

Job description

Regional Manager, Residential Operations

FT Perm MGR Manager Toronto, ON, CA

11 days ago Requisition ID: 1122

Salary Range: $100,000.00 To $115,000.00 Annually

Purpose:

The Regional Manager, Residential Operations is responsible for the tactical execution of the Client's strategic direction for their portfolio of properties. They will oversee a portfolio of income producing multi-family properties with the objective of maximizing the performance and value of the portfolio. This will include oversight of building operations, budgets and leading the property teams. They will oversee a team of Property Managers to ensure implementation and execution of all client and corporate policies and procedures.

Main Responsibilities:

• Works collaboratively with the Associate Vice President, Residential Operations, on meeting the financial, operational and cultural objectives for the client, residents and team members.
• Responsible for the overall property risk management, safety standards and employee and resident liability.
• Participate in development and implementation of best practices.
• Oversee, review and improve annual property budgets with Property Managers, including forecast of annual income and expenses.
• Review and monitor performance of key operational and financial indicators including rent arrears/collections, unit turnover and spend on an ongoing basis; implement corrective measures to improve performance on said indicators.
• Responsible for quarterly reporting and meeting with the Client’s Asset Management team to review operational and financial performance.
• Implement annual budgets in coordination with the Asset Management team and monitor budgets on a regular basis in accordance with established revenue and expense goals.
• Ensure Property Managers ensure timely preparation of rent ready apartments to fully meet the demand of the market.
• Work with department heads (Leasing, Lease Administration, Marketing, Accounting) to ensure smooth running of operations.
• Tendering and negotiating contracts on a site-by-site basis as they come up for renewal.
• Promote excellence in client relations with both internal and external stakeholders.
• Accountable for all escalated complaints from residents.
• Maintain awareness of market/industry conditions and trends via professional organizations, and regularly evaluate market conditions and comparable properties.
• Actively manage the assigned asset portfolio in all aspects of its operations, while overseeing a team of Property Managers, site level personnel and regional support staff.
• Mentor, coach, supervise and develop team.
• Support and strengthen the SKPM brand by developing team personnel, maintaining the physical appearance of each property and delivering a superior rental experience to all residents.
• Other duties as assigned.

Qualifications:

Education

• Post-secondary degree in finance or business preferred.
• Knowledge of the Landlord and Tenant Act

Experience

• 5 to 7 years’ experience in similar role
• Proven multi-site management, communication and financial acumen.
• Proven track record of organizing and prioritizing work and managing multiple demands.
• Proven ability to apply critical thinking to a variety of situations; develop methodologies for collecting and analyzing relevant data to audit program processes; monitor quality; identify problems and their root causes and implement and monitor effective plans for improvement.
• Experience with budgets and financial statements
• Proficient in using various types of property management computer software (MS Office, Yardi)

Skills and abilities

• Strong leadership and change management skills and demonstrated ability to influence the efforts and behaviors of others to achieve desired results.
• Exceptional interpersonal skills to interact effectively and build relationships with individuals at all levels of the organization.
• Effective and creative problem-solving skills combined with the ability to work independently, as well as part of a team of multidisciplinary professionals.
• Excellent leadership and supervisory skills
• Ability to train, develop, lead and mentor.
• Warm, friendly and service-oriented philosophy
• High degree of flexibility and tolerance for change
• Superior written and verbal communications skills
• Extremely computer literate
• Organized and detail oriented.
• A competitive spirit
• High-energy
• Ability to fluently speak and write in English.

Thank you for your interest in Sterling Karamar Property Management. This position is an active vacancy.

Please note that applications from all interested individuals are appreciated; however, we will only contact candidates that are selected for advancement.

Sterling Karamar Property Management values diversity in the workforce and is an equal opportunity employer. We welcome and encourage applications from people with disabilities and offer reasonable accommodation upon request for candidates taking part in all aspects of the selection process.