Regional Vice President

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Regional Vice President

Envolve

icon Denver, CO, US, 80205

iconFull Time

icon19 April 2024

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General Purpose of the Position: This position will be responsible for the oversight of approximately 2,000 - 3,000 units in multiple states.  We are seeking qualified candidates with affordable housing experience and multi-site supervisory experience.  This position will also be responsible for fostering and maintaining a positive relationship between the company and the owner(s) of each of the communities for which he/she has responsibility.   The Regional Vice President typically oversees Regional Managers and Area Mangers in the assigned portfolio.  He/she is also responsible for maximizing the potential of the communities within his/her region and for assisting in new business development.

Essential Duties and Responsibilities:

  • Support and assist Regional and Area Managers in overall management of all communities within the assigned portfolio.
  • Responsible for recruiting, hiring, training, supervising, and evaluating Regional/Area Managers within assigned portfolio.
  • Build strong on-site management teams and Regional/Area Managers through constant coaching and motivation.
  • Achieve the highest possible net operating income through the implementation of effective cost control, revenue maximization and delinquency management plans.
  • Work with owners to identify long term property goals and objectives. 
  • Maintain an effective and consistent program of personal contact (at least weekly) with clients to ensure that daily management of their property is in accordance with their needs, goals, objectives, and direction.
  • Identify and analyze issues within portfolio and develop and implement decisions that help the assigned communities achieve the owner’s objectives and that are consistent with Envolve policies and procedures.
  • Present yearly financial budgets with the assistance of Regional/Area Managers.
  • Effectively disseminate all information and instructions necessary for Regional/Area Managers and the communities to perform their work.
  • Monitor achievement of each property against financial objectives utilizing the review of monthly owners’ reports, bi-monthly inspections, and weekly operating reports.  Work with Regional/Area Managers to correct unfavorable variances and improve NOI.
  • Perform final review of monthly financial statements in a timely manner before sending to clients.
  • Assume other responsibilities as assigned.

Education and Work Experience Requirements

  • Ten or more years in property/real estate management required
  • Seven or more years in management positions required
  • Knowledge of LIHTC and HUD regulations, previous experience with affordable housing
  • Knowledge of Yardi software preferred
  • Bachelor’s Degree or comparable industry experience required
  • Previous experience with managing housing authority units preferred
  • HCCP or comparable tax credit housing certification required
  • Moderate Real Estate and Management training experience required