Regional Property Manager needed at Cottonwood Residential to oversee Atlanta, GA and additional assets in the company portfolio.

Job Summary:

As the Regional Manager, this candidate will have full responsibility for maximizing the long-term operating performance of his or her portfolio of communities. Effective personnel management and development, a thorough understanding of the competitive market and high standards for customer service, the physical condition of the communities and operating procedures are key to successful management of the portfolio.

The ideal candidate will be able to conduct themselves in a professional and friendly manner and be a proactive, self-starter who possesses exceptional multi-tasking and communication skills, both oral and written. The ability to exercise good judgment, prioritize tasks in order to operate effectively in a fast-paced environment, exhibit a high degree of flexibility, and to build strong relationships with other departments, contractors, and vendors is critical in order to accomplish tasks and achieve goals. In addition, the ideal candidate will be skilled in many areas including, but not limited to: monitoring property performance, controlling expenses, supervising managers, staffing and team building, interacting with third party ownership, managing the due diligence process, managing acquisitions and dispositions, capital improvement projects, preparing and reviewing monthly and quarterly variance and forecast reports, rental pricing, ensuring adherence to Fair Housing practices, and landlord tenant laws and maintaining customer satisfaction.

Qualifications/Required Experience:

• Four-year college degree from an accredited institution; degree in business or related field is preferred
• Minimum five to seven (5-7) years of Regional Property Manager experience, which includes experience in real estate asset and/or property management.
• Multi-family, Multi-site experience is required. Experience in a fast-paced, rapid growth environment will be helpful
• Demonstrated experience managing multiple teams in a fast paced, rapid growth environment.
• Demonstrated leader, strategic thinker, strong communication skills, high level of professionalism, teacher and team builder, team player, high tolerance for ambiguity and change
• Willing to travel 50-75% or more as needed.
• Entrata Core and LRO experience a plus.
• Knowledge of Fair Housing Laws required.

Compensation & Benefits:

• Competitive base pay and bonus structure!
• Full health, vision, dental, life and disability benefits!
• Generous 401k and HSA Company match!
• Paid time off!
• Paid holidays!

Essential Duties:
Personnel Management:

• Recruit and retain a team of service-oriented, business-minded property management professionals consistent with standards of being the best in the industry;
• Train and develop a team of Community Managers so that as a company we can promote from within as a rule, not an exception;
• Support and develop the Community Managers in their role of managing personnel at the site level and developing a thorough understanding of our business.

Competitive Market Position:

• Develop strong marketing and customer service skills at the property level — this is the key to driving revenues;
• Ensure that all Community Managers fully understand the competitive environments in which they operate;
• Anticipate changes in the market and make appropriate strategic adjustments;
• Ensure that Community Managers are proactive in setting rents and positioning their properties. Review this weekly, taking into account lease expirations, make-ready costs, etc. in order to minimize turnover costs;
• Maintain a thorough understanding of the portfolio’s competitive environment on a submarket by submarket basis.

Physical Condition of Assets:

• Oversee physical inspections of all areas of the assets in order to evaluate their condition relative to health, safety, risk management, asset preservation, customer service, and company standards;
• Recommend capital improvements relative to these areas
  Operating Standards:
• Inspect what you expect;
• Ensure that all Community Managers are focused on the status of their properties on a 90-day forward looking basis and against weekly and 30-day goals. This includes understanding the importance of limiting exposure, the implications of lease expirations and turnover in light of market conditions, and the effects of seasonally and other market cycles;
• Conduct regular site visits to ensure that all office and maintenance procedures are being adhered to, including audits of lease and office files, revenue collection procedures, cash and expense control, customer service programs, vendor relations and contracts, service request systems, various local, state, and federal government regulations, make ready standards and preventive maintenance programs;
• Ensure timely and accurate preparation of various weekly, monthly, quarterly, and annual reporting.

Financial Performance:

• Full accountability for the financial performance of the Regional Manager’s portfolio;
• Develop operating budgets for individual properties with the assistance of the Vice President and Community Managers consistent with the property’s strategic objectives;
• Review and approve or negotiate and seek approval for all contracts within limits as determined by budget and authorization levels;
• Recommend for approval and implement revenue-enhancing capital improvements and capital programs for expense reduction;
• Monitor performance relative to budget using the various weekly, monthly, quarterly, YTD and other reports available from the site;
• Anticipate and get VP approval of any significant departures from budget at least 30 days in advance;
• Refine forecast for individual properties as required based on YTD and anticipated performance;
• Effectively communicate property results, employee performance, and any other relevant property operation results to Vice President.