Area Vice President

B HOM STUDENT LIVING LLC

Des Moines (IA)

On-site

USD 120,000 - 180,000

Full time

8 days ago
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Benefits offered by this job

Competitive compensation
Comprehensive benefits package
12 weeks Paid Parental Leave
12 company-paid holidays
Sabbatical leave

Job summary

B.HOM Student Living is actively seeking an Area Vice President to provide strategic and operational leadership for a portfolio of student housing communities. This senior role focuses on maximizing portfolio performance through financial management, operational excellence, and leadership development.

The candidate will lead Regional Managers, drive budgeting and capital planning, and partner with ownership and investors to execute strategic initiatives across a growing national footprint.

Qualifications

  • Minimum of 10 years of progressive property management experience.
  • Minimum of 5 years of regional or portfolio-level leadership experience.
  • 5 years of student housing experience, including regional or portfolio-level operational leadership.
  • Proven ability to independently identify performance gaps, analyze data, and drive execution.
  • Strong financial acumen with budgeting, forecasting, NOI, and capital planning.

Responsibilities

  • Provide strategic leadership for an assigned portfolio of student housing communities.
  • Establish measurable business goals and performance expectations for regional and property leadership.
  • Lead Regional Managers and develop leadership bench strength.
  • Oversee annual budgeting and capital planning for the portfolio.
  • Foster relationships with owners, asset managers, investors, and other partners.

Skills

Leadership
Financial analysis
Budgeting
Strategic planning
Negotiation

Education

Bachelor’s degree in Business Administration/Management/Real Estate or related field

Tools

Entrata
Yardi

Job description

Area Vice PresidentReports To: Senior Vice President of OperationsWho We AreAt B.HOM Student Living, we are more than just a property management company—we create communities where people thrive. With a growing national footprint, we are building something special and looking for experienced leaders who are passionate about developing teams, driving portfolio performance, and delivering exceptional results for our residents, clients, and partners.We live our core values every day:People-First ServiceAccountabilityEmpowermentGrit & PerseveranceDiversity, Inclusion & BelongingPosition SummaryThe Area Vice President provides strategic and operational leadership for a portfolio of B.HOM Student Living communities. This senior leadership role is responsible for maximizing portfolio performance through strong financial management, operational execution, leadership development, asset strategy, and client partnership. This role requires a highly experienced, hands-on portfolio leader who can independently assess performance, identify risks and opportunities, develop data-driven strategies, and hold regional leadership accountable for execution and measurable results.The Area Vice President establishes measurable business objectives, oversees annual budgeting and capital planning, monitors property and regional performance, and develops Regional Managers and other operational leaders. This position also partners across the organization on acquisitions, due diligence, capital initiatives, and other strategic priorities while maintaining strong relationships with ownership and investment partners.What You'll DoPortfolio Leadership & StrategyProvide strategic leadership and direction for an assigned portfolio of student housing communitiesEstablish measurable business goals and performance expectations for regional and property leadershipRegularly evaluate portfolio performance and identify opportunities to improve operational and financial resultsDrive consistency, accountability, and execution of B.HOM standards across assigned communitiesMaintain awareness of market, competitive, and organizational trends that may impact portfolio performancePartner with senior leadership to execute company strategies and operational prioritiesLeadership & Team DevelopmentLead, coach, develop, and mentor Regional Managers and other operational leadersRecruit and select strong leadership talent in partnership with Human ResourcesEstablish clear performance expectations and accountability across the portfolioConduct performance evaluations and provide ongoing coaching and developmentBuild leadership bench strength and support succession planningFoster a culture of collaboration, accountability, development, and operational excellenceLead Regional Managers as senior business leaders, ensuring they demonstrate strong command of their portfolios, proactively identify issues, bring forward solutions, and consistently execute against established financial and operational objectives.Develop leaders who can independently analyze performance, make sound business decisions, and drive results through their teams.Financial & Asset PerformanceLead the annual budgeting and financial planning process for assigned communitiesReview monthly financial statements, forecasts, budget variances, and property performanceIdentify opportunities to increase revenue, control expenses, and maximize NOIEvaluate portfolio performance across purchasing, utilities, ancillary income, operating expenses, and other key financial driversReview and recommend capital expenditures based on property and ownership objectivesPartner with internal teams and ownership representatives regarding significant financial and capital mattersProperty OperationsMonitor operational performance across assigned communities and develop strategies to address areas requiring improvementEnsure core business processes and operational standards are effectively implemented throughout the portfolioReview leasing, marketing, occupancy, and revenue strategiesConduct regular property visits and inspections to evaluate physical condition, operations, and opportunities for improvementEnsure appropriate action plans are developed and executed when communities are not meeting established expectationsClient & Ownership RelationshipsBuild and maintain strong relationships with owners, asset managers, investors, and other business partnersServe as a senior operational representative of B.HOM with assigned clientsProvide clear, timely, and strategic communication regarding portfolio and property performanceUnderstand ownership objectives and align operational strategies with investment goalsParticipate in client meetings, business reviews, and strategic planning discussionsRepresent B.HOM professionally and effectively with internal and external stakeholdersAcquisitions & Strategic InitiativesSupport due diligence and operational planning for new acquisitions and management transitionsPartner with appropriate departments on acquisition, refinancing, and other asset-related initiativesAssist with evaluating potential investments, operational needs, and capital requirementsSupport tax assessment, insurance, financing, and other asset-related activities as appropriateLead or participate in strategic initiatives and special projects that support organizational growthAdditional ResponsibilitiesTravel throughout the assigned portfolio to provide hands-on leadership and operational supportPartner cross-functionally with corporate departments to achieve portfolio and organizational objectivesPerform other duties as assigned to support business needs and company growthWhat We're Looking ForRequired Skills & QualificationsMinimum of 10 years of progressive property management experience.Minimum of 5 years of regional, multi-site, or portfolio-level leadership experience with direct accountability for multiple communities and operational leaders.Minimum of 5 years of student housing experience, including regional or portfolio-level operational leadership.Demonstrated experience leading and developing Regional Managers, Regional Directors, or comparable multi-site leaders.Demonstrated experience leading complex, geographically dispersed portfolios with accountability for financial performance, operational execution, leasing performance, and leadership development.Proven ability to independently identify performance gaps, analyze underlying data, develop actionable strategies, and drive execution through completion.Demonstrated experience improving underperforming or challenged assets through measurable operational and financial results.Strong financial acumen with demonstrated command of budgeting, forecasting, variance analysis, NOI, revenue management, expense controls, capital planning, and asset-level financial performance.Substantial experience working directly with ownership groups, asset managers, investors, and/or institutional clients, including presenting portfolio performance, financial results, business plans, and corrective strategies.Demonstrated ability to manage and develop leaders who manage other leaders, including performance management, succession planning, and organizational development.Strong operational, analytical, and strategic problem-solving capabilities.Excellent written, verbal, presentation, and executive communication skills.Ability to operate effectively in a high-accountability, fast-paced environment with limited day-to-day direction while managing multiple portfolio priorities.Proficiency with Microsoft Office Suite and property management technology.Ability to travel approximately 50% or as needed to support the portfolio.Preferred QualificationsBachelor’s degree in Business Administration, Management, Real Estate, or a related field, or equivalent relevant experience.CAM, CAPS, or other relevant property management certification.Experience with Entrata, Yardi, or similar property management platforms.Experience with acquisitions, due diligence, property transitions, and capital planning.Work SchedulePrimarily Monday–FridayExtended hours, evenings, and weekends may be required based on business needsApproximately 50% travel, or as needed, throughout assigned markets and communitiesPhysical RequirementsAbility to travel frequently by automobile and airplaneAbility to walk and inspect apartment communities, including units, common areas, grounds, and operational spacesAbility to remain at a workstation and use a computer for extended periodsAbility to communicate effectively in person, virtually, by phone, and in writingAbility to occasionally lift up to 30 lbs.Ability to work in professional office and outdoor property environmentsReasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functionsWhy Join B.HOM?Competitive compensation + performance-based bonus opportunitiesComprehensive benefits package (medical, dental, vision)401(k) with company match12-weeks Paid Parental LeaveCompany Paid Sabbatical Leave12 company-paid holidaysBirthday holidayPaid Time Off — Starting at 120 hours per yearSick and safe timeShort- and long-term disability insurancePet insurance optionsCareer growth opportunities within a growing national organizationA people-first culture focused on leadership, development, and successB.HOM is proud to be an Equal Employment Opportunity Employer. We are committed to fostering an inclusive environment that celebrates diversity and empowers our team members to succeed. Compensation varies based on experience, location, and market conditions.
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