What are the responsibilities and job description for the Vice President of Property Management position at BACH TEAM LLC?
Description
The Vice President of Property Management will oversee the FourSite portfolio of 12 properties while focusing consistent efforts on 3rd party property management development and growth. All properties are multi-family properties located in Utah, Idaho, Montana, and Missouri. This is an in-office position and will not be performed remotely.
Duties for these properties include the following:
- New property input and development
- Property Finance Management
- Ensure compliance of new leases/amendments with our loan documents
- Submit and acquire lender approval on new leases/amendments
- Provide and track all reserve account balances for owners on a monthly basis.
- Manage insurance claims
- Manage relationships with vendors such as Entrata
- Develop and manage business development
- Meet with owners and investors
- Manages the rigorous annual budget preparation process
- Monitors expense controls and implements initiatives to achieve or exceed budget
- Conducts monthly financial reviews with Regional Property Managers, VPs, and on-site Property Managers.
- Establishes and implements a rigorous monthly forecasting process for each asset.
- Oversees marketing initiatives and advertising/leasing plans.
- Identifies and implements consistent ancillary income sources to increase property revenues.
- Benchmarks property performance against regional and national averages.
- Acts as primary liaison with regulatory agencies – UHC, IHFA, MHC, HAKC, and HUD.
- Serves as a team member in the various processes of acquisitions and new construction, aiding in the marketability and management of assets.
- Provides budget for new acquisitions and new construction projects
- Oversees policies for property operations.
- Works directly with in-house/ outside legal counsel in managing property-related litigation.
Requirements
- Bachelor's degree or equivalent experience
- Minimum 10 years in multi-family-tenant management in multiple markets
- Know property management software. Must be willing to learn Entrata if not currently versed it its abilities.
- Have significant experience administering loans and interacting with financial institutions/services.
- Have CPM designation or be willing to achieve the designation. (company sponsored)
- High level of strategic planning and understanding of the whole picture
- Ability to provide vision and leadership
- Proven analytical and financial skill
Benefits
- Medical (100% of employee monthly premium paid for)
- PTO
- Paid Holidays
- Dental
- Vision
- Life Insurance paid for by the company
- Short and Long term disability
- Company events and activities
Bach Team is an Equal Opportunity Employer committed to fostering an inclusive environment for our diverse workforce. We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability.
Salary : $136,000 - $172,000