About the role
General Manager
General Manager is responsible for managing operations and maximizing financial value of a diverse, multi-site residential apartment portfolio which may consist of a combination of both market-rate and affordable communities. An associate in this position will be assigned by the VP to manage different properties in a region or regions, typically for a short to medium term assignment, though long term assignments are possible. These assignments may be to work in the absence of the regularly assigned manager or to work at a troubled property. The duties include achieving the financial and operational goals of the owner’s, the company, and of the region. The General Manager leads on-site staff to ensure a sufficient flow of revenue by maintaining a high percentage of apartment unit occupancy, adherence to property standards (to include unit turns and routine maintenance, grounds at a functional and high aesthetic level), Owner and resident satisfaction and controlling expenses.
Essential Duties and Responsibilities:
- Provide day-to-day and ongoing supervision, management, and leadership of a team of employees, one or more of who may be a supervisor with subordinate staff. Management responsibilities will include recruiting, engagement, performance management, coaching and counseling, workplace conflict resolution, compensation administration, enforcement of workplace and company policies and rules, etc.
- Operational Oversight, Financial Management, Leadership & Team Management, Strategic Planning & Growth, Customer & Client Relations, Compliance & Risk Management, Communication and Reporting.
- Review monthly financial reports, assist on-site managers with preparing the required owner reports, and attend asset management meetings
- Answer questions from owners, government agencies, financial institutions, auditors, accounting, staff, etc.
- Supervises all on-site staff, including hiring, training, supervision, and corrective measures. Determines productivity standards of each staff member and tracks individual performance by monitoring common standards.
- Maintains awareness of market/industry conditions and trends via trade publications, professional organizations, etc. Regularly evaluates market conditions and comparable properties.
- Prepares and implements annual budget in coordination with owners and asset managers. Monitors the property budget on a daily basis in accordance with established goals; keeps expenses in line with the budget.
- Physically walks and inspects the interior and exterior of every community within his/her portfolio on a monthly basis. Makes recommendations for physical repairs and/or replacements.
- Maintains a positive customer service attitude. Attends to resident concerns on an as-needed basis.
- Reviews leases, rules, and regulations, contracts, licenses
- Reviews rent schedules, personnel files, and resident files
- Reviews Delinquency Report, bank deposits, equipment inventory, inspections, etc.
- Meets with staff individually and in group meetings to communicate information and company news, to ensure that directives and goals are mutually understood, and to receive feedback and discussion
- Assures that associates follow company policies and safety rules; complies with company policies for reporting incidents.
- Enforces safety standards and training for staff.
- Follows up as needed on all aspects of property management
- Negotiates contracts but not signing.
- Prepare for regulatory agency inspections
- Conducts all business in accordance with company policies and procedures, Fair Housing, Americans with Disabilities Act, Fair Credit Reporting Act, and all other laws pertaining to apartments.
- Manage and oversee assigned communities in the most efficient and profitable manner possible give
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