Area Vice President - Preferred Apartment Communities

Overview

LOCATION: Phoenix, AZ

WHAT WE OFFER:

• Generous PTO program
• 13 paid holidays plus 3 floating holidays and paid volunteer day
• Comprehensive, affordable medical coverage as well as company-paid dental and vision coverage available to all full-time, regular associates
• 401k with exceptional employer match
• Associate Apartment Discount
• Educational Assistance Program (tuition and certifications)
• Company-paid employee assistance, mental health, and wellness programs

ABOUT US:

Preferred Apartment Communities is engaged in the operation of primarily Class A multifamily properties.  We have developed a culture throughout our company that is designed to show respect for each other, our residents, and vendors.  We believe our focus on quality, consistency, and innovation provides strong national recognition for the Preferred Apartment Communities brand.  Learn more about us at https://www.pacapts.com/.

POSITION SUMMARY:

The Area Vice President has overall management responsibilities for the efficient and profitable performance of personnel and properties in a designated area, given existing market conditions.  In addition, the greatest possible satisfaction and well being of all other individuals associated with the properties, both employees and residents, must be attained while maintaining consistency with the goals and objectives of the Company and property owners.  The Area Vice President trains, supervises, and motivates all on-site staff on the property to which assigned, including the Business Manager on all assigned properties.

Responsibilities

• Communicate and monitor progress toward achieving owner's financial objectives.
• Assist managers in developing ways to maximize the collection of budgeted income, maximize occupancy, and control expenditures.
• Analyze statements and budget variances from each property.
• Analyze and approve expenditures between $500 and $3000.
• Sign property checks and confirm the proper use of purchase orders.
• Review and submit property budget for approval.
• Utilize multiplication, division, addition and subtraction skills.

MARKETING RESPONSIBILITIES:

• Collect and review monthly marketing surveys from property managers.
• Review with the property manager’s current market area information and guide them toward using this information to reevaluate their marketing plan.
• Formulate short and long-term rent programs and adjustments.
• Approve any rental rate adjustments in conflict with budgeting objectives.
• Review and approve monthly marketing plans submitted by property managers.
• Make necessary recommendations to improve property image.
• Review advertising programs to ensure maximum cost effectiveness.

LEADERSHIP RESPONSIBILITIES:

• Recruit, hire and develop personnel for self and company and accurately assess the performance of those working with you.
• Provide ongoing training and motivation for property managers.
• Provide consistent positive and corrective feedback.
• Provide staffing direction for each property.
• Terminate employees according to company guidelines and policy.
• Hold periodic group meetings with property managers.

ADMINISTRATIVE RESPONSIBILITIES:

• Ensure compliance with company policies and procedures.
• Conduct salary and performance reviews according to scheduled review cycles.
• Adjust salaries as appropriate according to company guidelines.
• Act as communication liaison between upper management and on-site personnel.
• Maintain good communication between properties and legal counsel to avoid negative legal consequences.

DIRECT COMMUNITY MAINTENANCE AND IMPROVEMENT:

• Communicate and generate action based on owner's objectives for properties.
• Support property managers in negotiation with major vendors' pricing and performance.
• Visit and inspect each property monthly to ensure compliance with company standards.
• As necessary, make recommendations to owner of maintenance and capital improvements above $5000.

CORPORATE SERVICES:

• Participate in pre-acquisition duties, including but not limited to the development of marketing proposals for potential new business.
• Perform physical inspections for loan purposes.
• Entertain and tour with outside investors and broker/dealers.
• Travel via car and airplane as requested to existing and potential properties and to visit with existing and potential clients.

OCCASIONAL DUTIES:

• Occasional duties as may be assigned by Vice President and/or President.

Qualifications

• Three to five years of experience as an Area Vice President/Regional Director in multi-family. 
• Must have experience with new lease-up properties
• Prefer four (4) year degree.  Degree in business, hospitality or property management is beneficial.  Prefer CPM designation.
• Good understanding of sales and marketing concepts and ability to develop, implement, and evaluate marketing plans.

SPECIAL SKILL REQUIREMENTS:

• Ability to lead people
• Professional image
• Good organizational skills
• Good verbal and writing skills
• Strong customer service orientation assertiveness
• Good decision-making and judgment abilities

PHYSICAL REQUIREMENTS:

• Must be able to walk and stand for extended periods of time.
• Must be able to travel, via car, or air travel.

EEO Statement

The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

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