Regional Manager

HABITAT COMPANY LLC; Chicago (IL); On-site; USD 145,000 - 150,000; Full time

Benefits offered by this job

Performance-based bonus

Medical, dental, vision insurance

401k and benefits

Job summary

The Habitat Company seeks a Regional Manager to oversee Community Managers and drive financial performance across assigned properties in the Chicago region. You will guide budgeting, marketing initiatives, and operations to improve occupancy and profitability, while ensuring compliance and strong broker/vendor relations.

Eligible for a performance-based bonus and comprehensive benefits including medical, dental, vision, and 401k.

Qualifications

• Minimum 5 years hands-on property management experience with a certified property manager or similar designation.
• Third party management experience strongly preferred.
• Experience building and maintaining relationships with internal and external clients.
• In-depth experience with business plan execution, financial management, reporting and operations.
• Strong leadership, sales and marketing proficiency and a proactive work ethic.
• IL Leasing License or ability to obtain within 120 days of hire is required.

Responsibilities

• Supervise on-site Community Managers and staff for multiple communities.
• Review budgets, submittals and monitor variances; implement corrective actions.
• Develop and execute marketing plans to attract residents and retain occupancy.
• Monitor trends in traffic, occupancy, availability and leasing performance.
• Communicate with Senior Management with regular updates on operations and issues.
• Ensure compliance with Fair Housing laws and building codes across regions.

Skills

Leadership

Budgeting

Relationship building

Negotiation

Team management

Strategic planning

Education

Real estate license or equivalent

Tools

Yardi

Microsoft Office

Job description

Job Details

Job Location: Chicago Regional Office - 350 W Hubbard St Ste 500 - Chicago, IL 60654

Position Type: Full Time

Salary Range: $145,000.00 - $150,000.00 Salary

Job Shift: Day

Job Category: Property Management

Job Scope

The Regional Manager is responsible for the supervision of the Community Managers as assigned, and the enforcement of company policies including, but not limited to, improving the overall financial performance of all communities assigned, increasing revenues and controlling expenses while following Company’s best practices.

The Habitat Company provides comprehensive compensation to our team members. In addition to wages, this position is eligible for participation in a performance-based bonus structure as well as medical, dental, vision, 401k, and other benefits offered through Habitat, detailed here: https://www.habitat.com/our-benefits

Duties and Responsibilities

• Optimize the use of team member resources by hiring, training, empowering and motivating on-site Community Managers and team members
• Review and approve annual budgets, submittals and anticipate budget variances
• Assist in the development and implementation of marketing plans targeting prospective and existing residents
• Closely monitor weekly trends in traffic, occupancy, availability and leasing for all communities assigned
• Communicate effectively and on a regular basis with Senior Management to provide updates on Community operations and issues
• Support specific marketing issues that are reported such as integration concerns, LRO pricing feed, incorrect website information and other possible situations
• Acquire and review current market data to identify trends, opportunities, and threats, and create effective short- and long-term response strategies to improve or enhance the operations and financial performance of the assets
• Maintain strategic knowledge of markets and competition within the market and region
• Supervise the communication of each community marketing message through print, internet, social media, review sites, signage and other means of general advertising to ensure that all marketing efforts adhere to The Habitat Company’s brand standards and best practices
• Adhere to all local, state and federal laws including all laws governing Fair Housing in compliance with local, state and national authorities regarding building code compliance
• Monitors rent collections and the status of landlord/tenant actions, supervises all arrears and collection attempts
• Ensure that vendor invoices are processed and approved weekly
• Negotiate and supervise major contracted work as may be necessary for community alterations and improvements
• Administer ownership directives
• Perform onsite inspections, review office procedures and files, preventive and corrective maintenance, and janitorial cleaning
• Ensures timely compliance with all reporting deadlines
• Reviews/approves bad debt write offs and invoice credit memos
• Responsible for adhering to and monitoring budgetary conformance for items within one’s control
• Ensure that major budget items and capital improvements are completed as scheduled and in the proper budgetary year
• Negotiate contracts for bulk purchases and common service contract utilizing the company’s volume
• Maintain a program for ongoing education for the community managers and chief engineers/maintenance supervisors
• Maintain an atmosphere conducive for individual motivation for growth within the company
• Establish and maintain community relation programs with the community beneficial to the property
• Perform written evaluations of the community managers and review all written evaluations as completed by the community manager making recommendations for salary increases, transfers and/or advancements
• Perform other related duties as assigned

Qualifications, Skills & Requirements

• A minimum of 5 years of hands-on experience in Property Management. A certified Property Manager or similar designation.
• Third party management experience strongly preferred.
• Experience building and maintaining relationships with internal and external clients.
• In depth experience with business plan execution, financial management, reporting and operations.
• Effective leadership skills and superior sales and marketing proficiencies.
• Strong work ethic and the ability to work as part of a team.
• Variance reporting experience required.
• Proficiency in Microsoft Office applications; Yardi experience a plus.
• Willingness to travel amongst communities within assigned region(s) and/or out of state.
• Familiar with all procedures and requirements of accounts payable and accounts receivable
• IL Leasing License or ability to obtain within 120 days of hire required