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Vice President of Operations/Multifamily

Company: Multifamily Insiders
Location: Cicero
Posted on: July 13, 2019

Job Description:

APPLY HERE: The Vice President of Operations will be responsible for the leadership and evolution of an owner managed portfolio of over 1000 units of market rate and affordable apartments, along with approximately 500,000sf of commercial space. Existing properties are in downtown Chicago, the suburbs and in Wisconsin. Full funding is in place and the Company is actively pursuing acquisitions, not only in these markets, but in other states, as well. Positioning property operations for the coming growth will be a major focus for this role. This position will report directly to the Company principals. The Vice President of Operations is responsible for the day-to-day property and maintenance operations of the Company's portfolio. Working in concert with regional and site level personnel, the VP will be responsible for achieving pre-defined performance results in the areas of: Annual NOI and Cash Flow targets Physical condition of properties and annual maintenance costs Capital planning and replacement reserve management Resident satisfaction Occupancy and turnover performance Compliance with federal, state, and local laws, as well as applicable government agency requirements Entire budget process, including scheduling, training, distribution, analysis and presentation Monitoring of properties financial performance and variances Optimization of training methods Evolution of policies and procedures Leadership by stressing integrity, service and professionalism We believe this individual must possess: A minimum of 6-10 years of progressively responsible property management experience, including both conventional and affordable and/or subsidized rental properties Prior exposure to the renovation or value-add process Bachelor's degree or higher Experience creating, building and advancing internal operating procedures and systems Track record of quantifiable results demonstrating improvement of processes and operating results in areas of financial management, staffing/personnel and customer satisfaction Ability to travel on occasion Excellent organizational, communication, critical thinking, analytical, planning, budgeting, reporting and people management skills The Vice President of Operations role is critical to the Company's plans for growth. The individual in this position must have the desire to work in a collaborative, all hands on deck atmosphere, working closely with the principals and other staff to promote an engaging, effective, efficient and employee friendly environment. APPLY HERE:

Keywords: Multifamily Insiders, Cicero , Vice President of Operations/Multifamily, Executive , Cicero, Illinois

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