Portfolio Manager - Seattle

Portfolio Manager - Seattle

Independent Living Portfolio Manager Full Time Salaried Exempt Independent Living Inc. (the Company ) is a large and growing regional property management firm specializing in affordable rental apartment communities for seniors. The Company is a recognized leader in age-restricted and income-restricted affordable senior living and a proud partner of the Senior Housing Assistance Group (SHAG). SHAG is the largest operator of affordable rental apartment communities for seniors in Washington with existing communities in 28 locations in the Puget Sound Region and seven more under development. The Company serves as the property management agent for each of the affordable rental apartment communities for seniors operated by SHAG. In addition to the portfolio of affordable rental apartment communities for seniors jointly operated and managed by SHAG and the Company the Company also manages income-restricted but non-age restricted affordable rental apartment communities with existing communities in 2 locations in the Puget Sound Region and one more under development. The Portfolio Manager (PM) is a member of the Company s management team and reports directly to the President of the company. The PM works directly with the representatives of the owners of the affordable rental apartment communities under management by the Company and with the senior executive management team of the Company. The PM serves as a vital link from our corporate staff to our communities our site teams and our valued residents. This position is responsible for coordinating and monitoring the operational activities day-to-day operations and physical plant property and equipment maintenance activities for their assigned portfolio of affordable apartment communities. Duties and responsibilities include (i) the oversight supervision training development motivation mentoring and monitoring of the performance of the Company s community managers and additional site team members (ii) for coordinating all third-party contract negotiation and administration within the Portfolio Management Group unless specifically handled by a designated individual and for supervising training monitoring and evaluating all third-party contract vendors including janitorial and maintenance services (iii) for supervising and assisting Community Managers in responding to and resolving resident concerns and or issues (iv) for oversight of collections at each apartment community and decisions actions on legal pursuit (v) for coordinating and preparing an annual operating budget and capital improvement and replacement budget for each apartment community in conjunction with the Community Manager and (vi) for monitoring the actual operating performance for each apartment community on a monthly basis (vii) helping to ensure that the resident census maintain budgeted performance by problem solving resident issues (viii) Ensuring resident retention and working with our Leasing Representatives to ensure our community managers are trained properly regarding leasing and tours and completing monthly and year-to-date variance analysis. Requirements Five (5) years of residential supervisory experience. Knowledge of and experience in the independent-living senior housing industry is desirable. Knowledge of and experience in the Section 42 low-income housing tax credit program is a plus. Working knowledge of Washington State eviction law and solid understanding of Federal Fair Housing guidelines. Leadership skills in directing subordinates and associates. High level of professionalism and positive attitude. Player coach team builder and strategic thinker. Ability to manage multiple tasks requiring strong communication and organizational skills. Ability to operate under pressure and meet tight deadlines. Detail-oriented self-motivated and willing to take initiative. Ability to handle finances and work within budgets. A strong focus on maximizing cash flow at each community through obtaining market rents and making expenses as efficient as possible. Ability to draft community budgets. Computer skills MS Outlook Word and Excel. Experience in core Yardi Affordable software and other Yardi Modules is preferred. Occasional evenings weekend work may be required. Willingness to take risks and try new initiatives when desired results are not being achieved. Creative flexible and adaptable to new situations and assignments.Administrative Office Duties The Portfolio Manager will be assigned a portfolio of buildings by the President. The Portfolio Manager should work directly with the President within the assigned portfolio to meet the everyday needs of the assigned properties. The Portfolio Manager s role is entailed of several administrative duties listed below along with several specially assigned property projects as needed. Approve all department expenditures in accordance with company purchasing policies and property budgets Manage property financial performance in accordance with the budget and owner needs Analyze and report on monthly actual financial performance including owner narrative Develop and monitor ongoing physical property upkeep and maintenance programs Understand owner goals and work to meet ownership expectations Develop and maintain (or continuously develop) positive client relationships Develop good time management and detail-oriented techniques Develop excellent written and verbal communication skills Develop professional working relationships with other departments within the community Immediately fill out an Injury Incident Form and report to the HR Department of any job-related injuries Demonstrated strong leadership organizational and communication skills Represent Independent Living Inc. and the senior community in a professional and ethical manner in the community Attend periodic industry meetings training events and functions Responsible for assuring compliance with and adherence to all federal state and local regulations and laws and Follow all health department DSHS safety and infection control practices. All other applicable duties as assigned. Veterans encouraged to apply. Bilingual candidates preferred. If you believe you are qualified please forward your resume and three professional references to hiring(at)housing4seniors.com. Due to the volume of resumes we receive only the most qualified applicants will be contacted for an interview. Please include the subject Portfolio Manager Seattle in your response.