Senior Project Manager

Job Description

Job Description

We develop, build, manage and invest in quality housing where our families would be proud to live.

Our vision is to develop long-term relationships with clients and investors in the financial services and real estate markets to maximize profitable opportunities for all concerned. We serve our clients and communities with integrity to maintain their trust and respect.

With almost 40 years of experience, Fairway Construction Co., Inc. has the expertise and creativity to meet your individual needs. Fairway Construction Co., Inc. offers general contracting, construction consultation and design-build services to construct single-family homes, senior communities, multi-family developments, conventional housing and the rehabilitation of historic properties.

This position can be located anywhere in Texas

The Senior Project Manager (Texas) is accountable for full lifecycle execution of assigned multifamily projects from turnover through final completion and closeout. In addition to direct project leadership, this role serves as a senior operational presence within the Texas region — providing experienced judgment, risk visibility, team integration, and execution alignment across active Texas projects. This role reports directly to the VP of Construction and carries elevated accountability for financial predictability, schedule credibility, and early risk identification. This is not a sales role and does not carry formal regional supervisory authority.

Portfolio Scope

• Direct management of 2–3 concurrent projects
• Typical project size: $10M–$15M
• Texas regional exposure: ~$60M–$80M
• Multifamily / LIHTC environment

Core Responsibilities

Financial & Margin Ownership

• Own project budgets from PRECON turnover to final cost report
• Maintain disciplined monthly cost-to-complete forecasting
• Protect approved gross margin
• Identify emerging risks 60–90 days in advance
• Lead subcontractor negotiations and change order strategy

Performance Standard:
Forecast variance within ±2–3%.
No late-stage margin surprises.

Schedule Integrity

• Maintain realistic and defensible master schedules
• Align field execution with contractual milestones
• Implement structured recovery plans as needed
• Ensure schedule commitments remain credible to ownership and lenders

Regional Risk Awareness & Execution Alignment

While primarily responsible for assigned projects, the Senior PM is expected to:

• Maintain awareness of performance trends across the Texas portfolio
• Provide experienced input when peer projects encounter elevated risk
• Offer perspective on forecast integrity and margin exposure when requested
• Surface systemic risk patterns early to the VP of Construction

This influence is advisory in nature and supports overall regional stability.

Owner & Lender Representation

• Lead OAC meetings and financial reviews for assigned projects
• Maintain professionalism in high-pressure conversations
• Support executive-level discussions when requested
• Ensure draw documentation accuracy and timeliness

Field & Team Leadership

• Lead assigned Superintendent, APM, and Project Engineers
• Establish clear accountability and communication cadence
• Partner directly with the VP on key strategic project decisions
• Support Preconstruction during turnover alignment

Systems & Reporting Discipline

• Adhere to company reporting cadence
• Maintain clean cost reporting and documentation compliance
• Promote consistent execution standards across Texas projects

Key Performance Indicators

Primary Metrics

• Gross margin variance vs approved budget
• Forecast accuracy (±2–3%)
• Schedule milestone adherence
• Change order capture effectiveness
• Timely project closeout

Regional Influence Indicators

• Early identification of cross-project risk
• Reduction in surprise margin erosion
• Improved consistency of reporting standards

Experience Profile

• 10+ years multifamily construction experience
• LIHTC experience preferred
• Proven management of $10M+ projects
• Strong financial acumen
• High ownership mindset
• Executive composure under pressure
• Texas market familiarity preferred

What Success Looks Like

• Assigned projects close within margin targets.
• Forecasts are accurate and trusted.
• Schedules are credible.
• Risks are surfaced early.
• The Texas portfolio operates with improved predictability.