Regional Property Manager

Beacon Communities; Waterbury (CT); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Regional Property Manager to lead property management efforts in Waterbury. This role is pivotal in achieving financial performance goals while maintaining the physical condition and marketability of properties. The ideal candidate will possess strong leadership skills, a solid background in property management, and a commitment to fostering positive relationships with residents and stakeholders. Join a dynamic team dedicated to creating vibrant communities and making a meaningful impact in the lives of residents. If you are driven, detail-oriented, and passionate about property management, this opportunity is perfect for you.

Benefits

Health & Wellness Benefits

Work-Life Balance

401k with Company Match

Company-Paid Life Insurance

Employee Assistance Program

Career Development Opportunities

Qualifications

• 5+ years of property management experience with staff management and budgeting.
• Solid operational experience with affordable housing programs.

Responsibilities

• Achieve financial performance goals and manage financial operations.
• Lead and develop property management teams to meet objectives.

Skills

Property Management

Financial Analysis

Staff Management

Conflict Management

Analytical Skills

Problem-Solving

Communication Skills

Education

Bachelor’s Degree in Business

Advanced Degree or Professional Certification

Tools

Microsoft Word

Microsoft Excel

Yardi

Job description

Exchange Place Preservation, 44 Center Street, Waterbury, Connecticut, United States of America Req #1847

Thursday, March 20, 2025

Regional Property Manager, Exchange Place - Waterbury, CT

General Statement of Duties: The Regional Property Manager is a result driven leader responsible for achieving satisfactory financial performance goals and maintaining the physical condition and marketability of the communities. Effectively develops and leads strong property management, compliance, leasing, maintenance and resident services teams to accomplish short and long-term objectives for assigned portfolio.

Supervision Received: Reports to the Regional Vice President of PM

Direct Reports: Property Managers, Senior Property Managers

Essential Functions of the Position

(Any one position may not include all of the duties listed, nor do the listed examples include all duties that may be found in positions of this class.)

Responsible for achieving financial performance objectives and managing the portfolio’s financial operations following company and government agency rules, regulations and guidelines.

1. Oversees preparation of annual operating budgets and performs budget projections for all properties. Analyzes actual income and expenses against approved budget guidelines.
2. Ensures accurate and timely withdrawal of all reserve funds.
3. Conducts financial results reviews with Senior Property Managers and Property Managers, on a routine basis. Forecasts and identifies problems with the Regional Vice President and implements corrective action.
4. Oversees revenue management and pricing processes.
5. Oversees preparation of rent increase packages and timely submissions.
6. Ensures timely collection of resident and agency rents and/or subsidy payments. Implements appropriate collection practices.
7. Provides support for information required by owners, investors, lenders and agencies for their region.
8. Assesses and recommends changes to current policies and operational practices.
9. Sets operational goals for each property and establishes company standards for property operations, sales and leasing, collections, and customer service.
10. Enforces and adheres to company policies, rules and regulations.
11. Preserves and respects resident and applicant confidentiality.
12. Monitors and ensures program and regulatory compliance with the LIHTC and/or HUD program(s).

Represents Beacon Communities to the public and collaboratively develops a partnership with public officials, businesses and agencies.

1. Acts as liaison to external and internal parties for all property-related emergencies.

Leads, manages, trains and develops a strong management team to drive the company’s growth.

1. Determines staffing needs and directs the hiring process.
2. Manages, trains and develops Senior Property Managers and Property Managers.
3. Assists in succession planning for region.

Oversees the physical condition and security of all communities within the portfolio.

1. Maintains knowledge of the physical condition of all properties and ensures inspection readiness. Conducts physical site inspections. Makes recommendations for exterior and interior apartment improvements.
2. Assists other Beacon properties outside the region as requested by the Regional Vice President.
3. Establishes a good working relationship with Regional Maintenance Directors and supports their efforts to standardize and streamline processes and efficiencies.

Fosters a positive, active and collaborative relationship with residents and ensures residents are being serviced appropriately.

1. Collaborates with Area Resident Services Manager to ensure program and service commitments are being met.
2. Collaborates with Regional Marketing Manager and Regional Vice President to ensure all marketing initiatives are executed in accordance with the company’s marketing strategy and guidelines.

Minimum Qualifications

1. Education: Bachelor’s Degree in business or related field, advanced degree and/or professional certification preferred.
2. Experience: Minimum five years property management experience including staff management and development, budgeting/ financial analysis. Multi-community, mixed income residential property management experience preferred.
3. Qualifications and Skills: Solid property management operational experience. Proven expertise in affordable housing programs. Ability to manage projects from conceptualization to implementation. Strong interpersonal skills that include conflict management and employee motivation. Excellent analytical and problem-solving skills. Knowledge of Microsoft Word, Excel and Yardi. Excellent verbal and written communication skills. Entrepreneurial, flexible, creative and detail oriented. Ability to handle emergency situations and pressure due to complexity and time sensitivity. On call 24/7 for emergencies.

Beacon Core Competencies required for all positions:

Teamwork, Integrity/Ethics, Dependability, Customer Focus, Adaptability/Flexibility.

Beacon Management Competencies required for all Management positions:

Benefits Offered:

At the core of Beacon Communities is the talent on our teams, and we are committed to taking care of our team members so they can deliver great experiences to our residents. That is why we are proud to provide competitive compensation and comprehensive benefits that support a healthy life for you and your family when you join our team.

As a regular, full time employee at Beacon you can expect:

1. Health & Wellness Benefits: We offer plans for quality medical, dental, and vision coverage to all employees regularly scheduled to work a minimum of 24 hours or more per week. HSA/FSA options are also available.
2. Work-Life Balance: On top of offering 13 paid holidays per year, we have an attractive paid time off policy that includes vacation days, personal days, sick time, wellness days, summer flex time, volunteer days and early close Fridays.
3. Retirement planning: We offer a 401k program with a company match.
4. 100% Company-Paid Life Insurance: With affordable options to elect voluntary life, critical illness, hospital care or accidental injury coverage.
5. Access to an Employee Assistance Program (EAP), Childcare & Eldercare Support, Career Development and Advancement Opportunities… and more!

Company Overview:

Founded in 2004, Beacon Communities LLC is a privately-owned real estate firm that develops, acquires, invests in, and manages a wide range of multifamily housing. Beacon currently owns and manages approximately 150 properties including affordable housing, market rate housing, and mixed income-housing. Its developments range from new construction, to historic adaptive reuse, to the renovation of existing housing.

At Beacon, we strive to make a difference in our residents’ lives. We build outstanding communities that make enduring contributions to the vitality of our cities and towns. We create communities that serve a diverse cross section of our society. Our communities are healthy and vibrant. Why? Because they are planned with care, consideration, and compassion.

Beacon Communities LLC is an Equal Opportunity Employer that seeks a diverse pool of candidates. We are committed to a policy of equal employment opportunity without regard to race, color, ancestry, national origin, religion, disability, gender, gender identity, sexual orientation, age, veteran status or other protected class. All qualified applicants are encouraged to apply. Beacon Communities LLC participates in the E-Verify program.