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Regional Manager - Atlanta Georgia
Company: Wright Resources Location: Atlanta, Georgia
Posted On: 02/02/2025
GENERAL DUTIESThis position directs and coordinates activities of Residential Property Management. This person oversees servicing property management accounts and is responsible for all actions that involve or influence the properties the company manages. He/she is accountable to both the Owner and the Company. It is the duty of the Regional Property Manager (RPM) to see that the properties, within the assigned portfolio, operate in a manner that will produce the Owners' desired results (objectives). It is the responsibility of the RPM to oversee the physical and financial administration of all of the properties to ensure that they are operated in a manner consistent with the policies and procedures of our client and to recommend changes as required in order to improve the efficiency of the properties' operations.Other general duties include: PLANNING: Creates an innovative management plan that describes the anticipated operation of the property during the next year. ORGANIZING: Organizes the operation of the Department to produce expected results. Establishes performance goals for the Property/Community Managers and other supervisory personnel so that each job is directed, with teamwork, toward the objectives of the Department. STAFFING: Selects, trains and motivates property personnel. DIRECTING: Provides support and direction to Property/Community Managers who have the responsibility for the day-to-day operation of the properties. CONTROLLING: Oversees collection of income and the management of expenses so as to produce the maximum economic benefit to the property and the company. OPERATING: Administers day-to-day implementation of a standard operating procedural manual. ANALYZING: Analyzes the operating results of the properties in relationship to budget. Makes recommendations for adjustments to the plan, as needed. COMMUNICATIONS: Keeps Owners advised of significant operational problems and deviations from the management plan where required.SPECIFIC DUTIESFINANCIAL - Supervise the preparation of annual and long range capital improvement budgets, approve same, and ensure their timely submission.
- Supervise the negotiations for all contract labor and materials required for each property and ensure that all costs for such services are within the guidelines of the management agreement and the budgetary guidelines of the properties, and/or have been approved by the appropriate parties.
- Review and personally approve all purchases in excess of threshold as per policy and up to the guidelines of the management agreement.
- Monitor the Financial Budget/Actual Comparison Report with Community Manager and/or Property Manager to ensure the financial integrity of the property is maintained on an ongoing basis.
- Aids in developing management plans and budgets and supervises their implementation annually.COMPLIANCEEnsure that all occupancy agreements, tax credit matters, affirmative fair housing, ADA, etc. are in compliance with requirements of state and federal statutes as well as those of any governmental agency (HUD, MSHDA, Rural Development, IRS).REPORTINGCoordinate, collect, review and forward all operating reports to individual owners, lenders and government agencies as required.PERSONNELRecruit, hire, develop, supervise, and motivate all staff, evaluate, coach/disciplinary action and terminate and/or approve in conjunction with Property Manager/Community Manager of on-site staff and other key personnel when necessary.BUSINESS DEVELOPMENTIdentify and develop new business opportunities for the Company. Solicit and become familiar with owners of properties that qualify as potential property management accounts in his/her geographical area.PROFESSIONAL DEVELOPMENTDevelops his/her professional abilities:
- Attends and passes advanced educational courses and seminars.
- Maintains a real estate license.
- Participates in Company educational offerings.QUALIFICATIONS
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