Regional Manager (LIHTC/HUD Experience- DC/Northern VA)

Franklin Group; Roanoke (VA); On-site; USD 110,000 - 140,000; Full time

Job summary

Franklin Group seeks a Regional Manager for the Northern VA territory to oversee a portfolio of apartment communities with focus on financial performance and staffing efficiency. The role involves guiding multiple on-site managers and ensuring optimized returns for owners.

Responsibilities include reviewing budgets, analyzing financials, and finalizing hires. Requires Tax Credit/HUD experience and strong leadership, communication, and problem-solving skills.

Qualifications

• 3-5 years of experience as a multisite manager.
• Tax Credit/HUD experience required.
• BA/BS degree strongly preferred.
• CPM designation strongly preferred.
• Proven ability to analyze asset value and portfolio performance.
• Strong urgency and detail orientation.

Responsibilities

• Oversee operational and financial management of Tax Credit & HUD properties.
• Collaborate with Community Managers to assess performance financially and operationally.
• Review monthly operating statements and general ledger.
• Approve property budgets after senior review.
• Analyze and approve expenses across the portfolio.
• Possess market knowledge of assets and ownership structures.
• Provide final hiring approvals for portfolio staff.
• Support managers with performance and disciplinary matters.

Skills

Leadership

Communication

Conflict Resolution

Financial Analysis

Multisite Management

Team Leadership

Education

BA/BS degree

CPM designation

Tools

YARDI

Job description

JOB TITLE: Regional Manager ( Northern VA territory )

REPORTS TO:

SVP of Property Operations and/or President

FLSA STATUS:

Exempt

JOB SUMMARY:

We are currently searching for a Regional Manager to oversee a portfolio of apartment communities. This team member will focus on the financial performance of each community, ensuring that it is properly staffed and managed to provide an optimal return to owners. Additionally, this team member has specific training and experience to oversee multiple managers and provide guidance on operating and financial issues to those managers.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES include but are not limited to:

• Oversee the operational and financial management of Tax Credit & HUD apartment communities.
• Work closely with Community Managers to evaluate and analyze their property’s performance from an operational and financial perspective.
• Complete a thorough review of monthly operating statement and general ledger.
• Maintain a general knowledge of any transaction in markets under management.
• Conduct review of property manager’s annual operating budgets on each site and have final sign-off on budget for review by Vice President and President, SVP.
• Analyze and approve expenses throughout the portfolio.
• Possess thorough knowledge of competitive properties and market knowledge of every asset in portfolio.
• Possess a complete understanding of Ownership structure, financing, management agreements and income-regulated programs.
• Provide final approval of all new hires in portfolio.
• Assist Property Managers in resolving employee issues concerning performance evaluations, or employee disciplinary actions.
• Reinforce Company Values in all property operations.

Qualified candidates will possess the following:

• 3-5 years of experience as a multisite manager.
• Tax Credit/HUD experience is required.
• BA/BS degree strongly preferred.
• CPM designation strongly preferred
• Must be able to conduct a thorough analysis of a subject property to include assessing the Value of an Asset.
• Must have high sense of urgency in completing all tasks, while maintaining a strong detail orientation.
• Property Management specific software experience in YARDI highly preferred.
• Strong, positive, motivational leadership style in managing multiple teams to success.
• Must possess extremely strong communications skills; both written and verbal.
• Must have demonstrated conflict resolutions skills.

Salary Range is $110,000 - $140,000 per year

The base salary range displayed represents the expected minimum and maximum compensation for this role at the time of posting. Final salary offers are determined based on multiple factors, including the candidate's relevant experience, specific skills, qualifications, and type of property.

Franklin Group is an Equal Opportunity Employer.