Managing Director, Multifamily
Cushman & WakefieldAbout the role
Job Title
Managing Director, Multifamily(https://careers.cushmanwakefield.com/)Job Description Summary
Responsible for successfully leading a market or geographic region with M1 revenue less than$5 million. Ensure profitability, service quality, strong client relationships, and provide strategic and tactical decision making for Residential Portfolios.
Job Description
ESSENTIAL JOB DUTIES:
Create value through new business growth in Residential Portfolio’s, cross sell service lines and geographic locations for additional revenue for the firm, identify and pursue expansion of service opportunities with existing clients
Develop/implement/enhance marketing plans for Residential Portfolios organize/lead team
proposals for new business while leveraging relationships to maximize success rate
Participate in monthly calls to share best practices and produce leads for residential clients in multiple markets
Establish and monitor appropriate checks and balances to ensure high level of quality in operations while ensuring that Residential teams understand and exceed Client goals and objectives for each property
Negotiate property management agreements with all clients
Ensure compliance with all management agreements, service contracts, and accounting policies and procedures as well as SOC controls
Review and approve expenditures, which exceed the authority level established for property manager per the management agreement or C&W's SOC controls
Guarantee timeliness and accuracy of financial and management reports
Maintain relationships with Client's key decision makers
Verify the existence of property procedures including Operations Manual, Tenant Handbook, and Emergency Procedures per C&W's or Client's policies and procedures
Collaborate with client accounting, corporate accounting, finance, TQC, and other functional leaders
Develop the most profitable and efficient personnel model to staff each asset
Participate in national Residential task forces and/or committees
Deliver financial results (P&L responsibility), as well as preparing market level Residential budgets, including monthly variances and forecasting
COMPETENCIES:
Financial Acumen
Customer Focus (internal and external) and Communication Proficiency (oral and written)
Time Management Skills and People Management Skills
Leadership and proven experience in identifying, developing, and motivating team members
Business Development and proven track record in generating new business
Extensive experience in analyzing and negotiating commercial lease and/or contract language
Develop the most profitable and efficient personnel model to staff each asset
Excellent negotiation skills and be able to meet deadlines
IMPORTANT EDUCATION
Bachelor’s Degree required
Graduate Degree preferred
IMPORTANT EXPERIENC
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