Regional Vice President
Elmington Property Management
Bedrock Property Management Purpose and Core Values:
At Bedrock Property Management, we do things a little differently. We're not your ordinary property management group and pride ourselves on doing business with smarts while being unexpected. We thrive on showing investors, customers, and residents that property development & management doesn't have to be boring. Most property management companies refer to the team that keeps things running smoothly as "maintenance", but we are NOT most property management companies. Bedrock focuses on providing the best service to our residents and our owners!
The relentless focus on genuine care and standards of excellence for our residents, guests, and clients is our highest mission. Our common purpose is to make a meaningful impact in the lives of others through selfless service.
Our Core Values:
Win As One: We treat everyone with respect, kindness, and empathy. Harnessing cross-functional collaboration, we elevate success, understanding the principle ‘good for the hive, good for the bee.’
By Any Means: No matter the ask, we find a way and take total ownership to make it happen. We Forget The Ordinary, by making the impossible ideas possible, consistently going above and beyond, without compromising integrity.
Continual Growth: We seize every opportunity to grow and develop as individuals, employees, and as a company.
Be Clear, Be Kind: We believe in the kindness of clarity, courageously embracing hard conversations to advance together with shared understanding and transparency.
POSITION SUMMARY:
Bedrock's Regional Vice Presidents are essential to the company's overall success leading regional teams and their operations while ensuring our residents' and owners' satisfaction. Our next Regional Vice President will ensure efficient operations by overseeing the Regional Managers, managing large vendor relations, ensuring optimal portfolio performance, overseeing and providing financial reporting, and meeting financial goals and performance of your Region.
KNOWLEDGE/SKILLS/ABILITIES:
- Exceptional verbal and written communication skills to liaise effectively with team leaders, corporate leadership, owners, and residents.
- Outstanding organizational skills to manage multiple priorities, tasks, and deadlines efficiently.
- A passion for chasing excellence and providing exemplary customer service.
- Meet targeted revenue goals by exceeding occupancy budgets, improving resident retention, and monitoring the regional financial performance.
- Effectively manage and mentor leaders, operations, and financial performance of your Regions.
- Be the primary leader of BEDROCK to local residents, vendors, and employees.
- Proactive attention to detail, searching constantly for ways to improve each property.
- Be an effective listener who offers helpful solutions.
- Possess great energy, enjoy challenges, and constantly set and reach new goals.
ESSENTIAL JOB FUNCTIONS:
- Ensures the team of Regional Managers works to execute the strategy of the Owner(s) and Bedrock.
- Exhibits a clear understanding of complex financial statements and budgets providing the capability to create annual budgets, oversee and manage P&L to meet performance goals.
- Assumes responsibility for financial management and reporting for properties within assigned portfolio
- Oversees the successful execution of Bedrock's community performance and non-negotiables by the team
- Develops, recommends, follows and enforces all company policies and procedures
- Performs salary administration, conducts interviews and makes recommendations for new hires, consultants and/or replacement personnel for management within portfolio.
- Conducts regular review of portfolio performance; identifying red flag properties, proposing recommendations for improvements and monitoring progress toward established goals and objectives. Conducts regular ops review to monitor and ensure the success of each asset along with Area VP/Regional Managers; implement strategies that will enhance overall performance and profitability.
- Identify leading edge technologies, trends, processes, etc. to be implemented into best practices.
- Maintains an awareness and understanding of the goals of the company and work to enhance its overall image and presence in the market
- Oversee required monthly, quarterly and annual reporting of the portfolio to the Company's management team, investors, and lenders.
- Identify new potential third party business relationships and pitch new business together with sales team.
- Assist in due diligence and underwriting of potential new acquisitions.
- Provide assistance/strategic direction with acquisitions/disposition of properties
- Develop and foster relationships with key clients, industry and trade associations, government representatives, public service organizations, customer groups and vendors as necessary in the overall management of the portfolio
- Represents Bedrock with owners, vendors and the company at large during meetings and in team association events in a positive manner
- Performs all other duties as assigned
SPECIFIC EDUCATION OR EXPERIENCE:
- Minimum of 5 to 10 years multifamily, multi-location property management experience. CPM preferred.
- Bachelor's degree in a field such as real estate, management, finance human services, or a related field or 10 years of multi-location management experience
- Demonstrated track record of successfully leading high visibility and/or performance challenged properties
- Adapts well to changing priorities and circumstance.
- Expert knowledge of local and federals laws including Fair Housing and Landlord Tenant Laws
- Strong interpersonal skills with the ability to influence / coach
- Successful team leader and team builder
- Previous experience leading a team to meet success through positive motivation, goal setting, and accountability.
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
- Frequently sit, stand and walk.
- Regularly required to talk or hear.
- Frequently required to use hands or fingers to handle or feel objects, tools or controls.
- Occasionally required to climb or balance, stoop, kneel, crouch or crawl.
- Occasionally lift and/or move up to 25 pounds.
- Vision abilities to include close vision, distance vision, peripheral vision and the ability to adjust focus.
- The noise level in the work environment is usually moderate.
- Temperature in the workplace is typically moderate, though the ability to withstand seasonal cold and heat of the outdoors is necessary.
TRAVEL REQUIREMENTS:
- Travel up to 45% of the time.
The Bedrock Experience
We're creating a different kind of company at BedrockK. We promise we willneverbe ordinary, which we hope you can see by this job description. At Bedrock, you will be pushed to accomplish more than you ever thought possible. You will be challenged by your team leader and your peers to achieve more and to find better ways and do your best work. If you believe in yourself, enjoy a challenge, and appreciate working with exceptional people, then Bedrock could very well be the last company you ever work for.
Bedrock Property Management is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. #EPM3123
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