Job Title: Regional Manager, Connecticut properties
Reports To: Regional Director
Vesta Corporation, headquartered in Weatogue, CT, currently has an exciting opportunity in our corporate office for a Regional Manager.
The Regional Manager is responsible for the day to day operations, personnel, physical plant and economic performance of Vestas’ Connecticut and New Jersey properties.
The Regional Manager must manage site operations in accordance with Vesta standards, oversee and execute the approved business plans for all properties within the region, and provide oversight, supervision, support and mentorship to the Property Managers and Area Manager. They are expected to visit all sites in the region at least bi-weekly and must maintain business relationships with agencies involved with the sites as well.
The Regional Manager is responsible for attending monthly accounting meetings for all properties in the assigned region. They are expected to meet with all Property and Area Managers regularly to review the financial performance and prepare projections/action plans for balance of the fiscal year. They will regularly review their properties occupancy and develop action plans to address areas of concern, review current rent collections and discuss necessary actions, review current rent levels and adjust where necessary, and review status of capital projects. They must ensure rent increases are submitted and changes to management fees are accurately completed and implemented on time. They are also responsible for the annual review of property budgets prior to submission for approval and attending annual budget meetings with Property and Area Managers.
The Regional Manager is expected to ensure all property management staff are fully aware of the rent up schedule, tax credit delivery schedule and break even plan for any new properties in the region. They are expected to work in liaison with Acquisition and Development, providing documentation/ data when requested, on time and accurate. And, they must review previous property inspection compliance, as well as prepare the compliance of each current property, for upcoming inspections.
To learn more about Vesta, please visit our website at www.vestacorp.com.