Vice President of Property Management

Job Title: Vice President of Property Management

Location: Detroit, MI

Job Type: Full-time

Job Description:

About the job

The Vice President of Property Management plans, directs, and coordinates activities relating to the organization’s commercial and multi-family real estate portfolio in addition to leading, managing, and developing the departmental team members. Ensures that established goals and objectives are accomplished with prescribed priorities, time limitations, and fiscal responsibilities. Advises, recommends, and assists in the formulation of goals and objectives. Designs, implements, and monitors departmental policies, procedures, and programs.

Come experience the exceptional with us!

Qualifications

Who you are:

• A problem solver, with a high sense of urgency and an undaunted, can-do attitude.
• Identify opportunities to improve efficiency and raise the bar.
• Ensure accountability for processes and procedures.
• Accuracy and attention to detail.
• Express thoughts and ideas clearly through written and verbal communication.
• Excellent time management and organization skills, with the ability to judge and reprioritize based on business demands.
• Ability to create and maintain strong customer relationships.
• Bachelor’s Degree in a closely related field required
• Minimum 10-15 years’ experience performing supervisory responsibilities
• Minimum 10-15 years’ experience in commercial property management
• Minimum 2-3 years of experience with multi-family management.
• Experience in leasing, lease negotiations, and lease documentation.
• Extensive experience with financial analysis, budget preparation, and proven financial performer
• Extensive experience working in Yardi accounting software.

Responsibilities

What you'll be doing:

• Must demonstrate and model the client's core values
• Commercial Leasing
• Participation in Acquisition and Development underwriting, due diligence, and property on-boarding.
• Recruiting, coaching, teaching, training, and developing team members to their highest level
• Performing workforce planning in assessing operational and staffing needs to retain and maximize current team members and needs in attracting top talent
• Develop KPIs to monitor operational and financial performance driving the Company’s strategic objectives.
• Performing regular property inspections, and documenting/reporting findings
• Elevating the financial knowledge of the team to ensure accountability of operational and financial performance
• Analysing and preparing operational and financial data including financials, annual budgets, control of expenditures, cash flow projections, and capital expenditure recommendations
• Capital improvement planning and execution.
• Overseeing the financial performance of the properties and providing highest level of service and fiscal responsibility to owners
• Analyse market rents to position properties to rent quickly and maximize revenue
• Evaluating, developing, documenting, and implementing processes and practices
• Maintaining effective meeting pulses within and outside of the departmental team with transparent collaborative communication
• Developing a tenant retention program to enhance the tenant experience and to maintain positive brand recognition in the commercial and residential market
• Interview, recommend, hire, and monitor 3rd party leasing teams, including building relationships with brokerage community
• Championing company culture and serving as a strategic business partner to the leadership team
• Performing other work-related duties as assigned