Portfolio Director
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Job Description
The Portfolio Director position develops and implements recommendations and oversees regional staff to optimize operations, helps supervise construction projects, is a key leader of property management function, and advises on new acquisitions, overseeing all multi-family assets in Alabama. This person is responsible for the analysis and oversight of their multi-family portfolio.
This position is based in Central Alabama and requires frequent travel.
This position reports directly to the Chief Operating Officer.
Responsibilities:
Supervise capital enhancement projects
Generate precise and timely reports for internal and external stakeholders
Assess cash flow forecasts, asset valuations, and risk assessments
Proactively foresee, pinpoint, and address portfolio requirements through: Evaluation of key performance metrics, examination of market conditions, identify strategies to boost revenue and reduce costs, and direct management of property- level personnel
Train regional property management staff (and on-site staff if necessary)
Actively recruit new talent
Collaborate closely with Accounting, Legal, HR, and other team members to maximize asset performance
Conduct pre-acquisition analysis and due diligence, including reviewing financial and operational assumptions
Lead post-acquisition activities, such as onboarding teams and integrating assets into Yardi software
Oversee the budget creation and analysis process
Negotiate with third parties, such as contractors and vendors
Serve as a key reviewer in the accounts payable/invoice review process
Conduct market analysis, including comparative analysis
Monitor industry best practices and trends
Identify and address workplace safety concerns; understand licensing and certification requirements
Handle other assignments as needed
Requirements:
A bachelor's degree or equivalent experience of 10+ years in the field
Three-four years of experience in real estate, multi-site asset management, with a focus on multi-family properties; regional property management experience is a plus
Basic understanding of construction management
Proficiency in Microsoft Excel; familiarity with Yardi PMS is preferred
Ability to prioritize tasks to meet multiple and changing deadlines
Capability to work independently without supervision, as well as part of a team
Excellent verbal and written communication skills
Proactive mindset
Strong training skills
Strong analytical skills, and creative problem-solving abilities
Ability to complete an Excel assessment to demonstrate basic knowledge of the software and fundamental finance/accounting concepts
Legal authorization to work in the US
Willingness to travel frequently and work irregular hours
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