Regional Property Manager

Beacon Management; Southfield (MI); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Relocation bonus

Vacation and sick time

Paid holidays

401k

Medical, dental and vision benefits

FSA

Voluntary benefit programs

Job summary

Beacon Management is seeking a Regional Property Manager to lead a Detroit-area portfolio from our Southfield, MI office. You will direct property teams, manage budgets, and drive operational performance to exceed financial goals.

The role requires strong leadership, knowledge of property operations, and a focus on resident satisfaction. Benefits include relocation support, time off, 401k, and comprehensive health plans.

Responsibilities

• Supervises all property operations ensuring standardized practices, policies, and procedures are adhered to
• Monitor income and expenses to meet budgetary goals and implement strategies to address deficiencies
• Evaluate monthly financial statements including payables, receivables and reclasses/accruals
• Responsible for preparing annual operating budgets aligning Rental Income, Net Rental Income, Expenses, NOI and Capital Expenses
• Engage with and resolve site and resident issues that cannot be managed by onsite personnel
• Develop and implement monthly/annual business plans including marketing strategies, staffing plans, revenue programs and performance goals
• Review activity reports and occupancy metrics; take corrective actions to meet company targets
• Establish a weekly schedule with routine site visits and effective communication with direct reports
• Oversee capital improvement projects and renovations with approved capital plans
• Conduct monthly Regional Property Manager checklist
• Advocate for new initiatives and ensure onsite engagement and training
• Communicate professionally with coworkers, residents, vendors and supervisors respecting all policies
• Adhere to local, state, and federal Fair Housing policies
• Train, mentor, evaluate and reward/discipline direct reports; ensure staffing levels
• Partner with HR to hire and develop onsite staff
• Ensure payroll processes are submitted accurately and timely
• Engage with Property Managers on all property, resident, and personnel matters
• Develop onsite performance metrics and goals for property performance
• Maintain confidentiality for staff and residents
• Maintain knowledge of market conditions and trends and drive occupancy and rent growth
• Ensure maintenance of facilities and curb appeal and oversee preventative maintenance

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Regional Property Manager

Full Time Management Detroit Regional Office - MI, Southfield, MI, US

As we continue to expand, we are seeking experienced and driven professionals from across the country who are excited about new opportunities and open to relocation to Michigan. Our current opportunity is for a Regional Manager out of our office in Southfield, MI.

At Beacon Management, we proudly own and operate a vast portfolio of 61 residential housing communities scattered across the United States, including the beautiful states of Michigan, New York, and Virginia. Our core mission revolves around the joy and contentment of our residents, and we wholeheartedly commit ourselves to delivering exceptional customer service at every turn.

The Regional Property Manager supports and executes the Company’s strategies related to property management operations by directing the team members on the assigned portfolio of properties, and by implementing the policies, procedures and practices that enable each property to meet and exceed budgeted financial goals and achieve operational performance objective.

Various benefits include:

• Relocation Bonus
• Vacation and Sick Time
• Paid Holidays
• 401k
• Medical, Dental, and Vision Benefits
• FSA
• Voluntary Benefit Programs, and more!

The Regional Property Manager supports and executes the Company’s strategies related to property management operations by directing the team members on the assigned portfolio of properties, and by implementing the policies, procedures and practices that enable each property to meet and exceed budgeted financial goals and achieve operational performance objectives

RESPONSIBILITIES (including, but not limited to)

BUDGET/FINANCIAL

• Supervises all property operations ensuring that standardized practices, polices, and procedures are being adhered to
• Monitor income and expenses to meet budgetary goals and when falling short of budgetary goals; present and implement strategies to address deficiencies
• Evaluate monthly financial statements, including accurate review of all payables, receivables, and reclasses/accruals
• Responsible for oversight, preparation, and presentation of monthly financial business review reports
• Responsible for preparing annual operating budgets that align with the company’s expectations for Rental Income, Net Rental Income, Expenses, Net Operating Income, and Capital Expenses

OPERATIONAL

• Engage with and resolve site and resident issues that cannot be managed by onsite personnel
• Develop and implement monthly/annual business plans including marketing strategies, staffing plans, revenue generating programs and general performance goals
• Review activity reports, tracking progress towards occupancy including sales conversion ratios, pricing, renewals, operating revenue and expense goals and objectives; take corrective actions as needed to ensure company metrics are met on a consistent basis
• Establish and adhere to a weekly schedule ensuring routine site visits are being completed and effective communication with direct reports is occurring
• Oversee capital improvement projects and renovations and prepare and implement phasing and execution of capital plans, engage Director/Asst Director of Maintenance for all qualified capital improvements as approved by Regional Vice President of Operations
• Conduct Regional Property Manager checklist monthly
• Advocate for all new initiatives within the organization; drive initiatives with onsite team members, provide training as needed and ensure site engagement on new initiatives
• Effectively communicate and conduct business with co-workers, residents, vendors, and supervisors in a respectful and professional manner
• Adhere to local, State, and Federal Fair Housing policies

STAFF MANAGEMENT/RELATIONS

• Train, mentor, evaluate and appropriately reward/discipline all direct reports including completing annual associate reviews, ensuring proper staffing levels, and performing Property Manager duties when needed
• Partner effectively with Human Resources, Recruiting and Regional associates to hire and develop new onsite associates
• Ensure that payroll related responsibilities (including but not limited to timesheets, bonuses, commissions, status changes, etc.) are submitted accurately and timely as required per policy/procedures
• Engage with Property Managers concerning all property, resident, and personnel matters
• Assist Property Managers in developing onsite performance metrics, goals and strategies related to property performance and teamwork values
• Ensure confidentiality for direct reports, co-workers, management, and residents (current and past)

MARKETING

• Consistently exhibit knowledge of market conditions, comps, and trends
• Weekly/Monthly/Annually assess marketing efforts to determine effectiveness; when asset is underperforming to market or budget prepare, present, and implement recommendations to correct deficiencies
• Participate, approve, and manage marketing efforts to increase occupancy and drive brand standards including but not limited to resident events, property outreach and google review initiatives
• Ensure accurate market data is being gathered and used to optimize rent growth

FACILITIES

• Conduct routine inspections of all interiors, exteriors, common space, curb appeal and maintenance facilities to ensure cleanliness, brand standards, and marketability
• When necessary, to address deficiencies in curb appeal, building maintenance and safety provide recommendations and perform oversight of projects needed to rectify deficiencies
• Review activity reports, tracking progress of work order completion time, make ready completion time, unit renovations and preventative maintenance ensuring company metrics are met on a consistent basis
• Ensure a working environment that is safe and performance oriented