VP of Operations
Avanti Residential
Date: 12 hours ago
City: Scottsdale, AZ
Contract type: Full time
Description
Location: Denver or Scottsdale Corporate Office
Are you interested in a career where customers, colleagues, and community service are the cornerstones of your work? Would you like to work with a company that celebrates victories both big and small and welcomes ideas from all levels of our team? If so, join us here at Avanti Residential! Our moto is Sempre Avanti, meaning “Always Forward”/ “Always Welcome.” We are “people people” through our mission and core values. We enhance our communities with our work, see all members of our team as leaders, and live La Bella Vita (The Beautiful Life). With endless opportunities for personal and professional growth, the sky’s the limit when advancing your career and being the best you can be. There is a place for you at Avanti Residential. Join us today!
The VP of Operations oversees Avanti’s assigned portfolios through property operations, marketing, compliance, and training. This role will strive to ensure all locations meet or exceed annual financial goals and provide high-quality housing to all residents. The Regional VP of Property Management creates a strategy for growth at all properties within the portfolio, leads strategic plans, and provides monthly business reviews.
What You’ll Do…
What You Need to Succeed…
Location: Denver or Scottsdale Corporate Office
Are you interested in a career where customers, colleagues, and community service are the cornerstones of your work? Would you like to work with a company that celebrates victories both big and small and welcomes ideas from all levels of our team? If so, join us here at Avanti Residential! Our moto is Sempre Avanti, meaning “Always Forward”/ “Always Welcome.” We are “people people” through our mission and core values. We enhance our communities with our work, see all members of our team as leaders, and live La Bella Vita (The Beautiful Life). With endless opportunities for personal and professional growth, the sky’s the limit when advancing your career and being the best you can be. There is a place for you at Avanti Residential. Join us today!
The VP of Operations oversees Avanti’s assigned portfolios through property operations, marketing, compliance, and training. This role will strive to ensure all locations meet or exceed annual financial goals and provide high-quality housing to all residents. The Regional VP of Property Management creates a strategy for growth at all properties within the portfolio, leads strategic plans, and provides monthly business reviews.
What You’ll Do…
- Lead a team of Regional Directors in accordance with the company’s core values and SOPs.
- Oversee the recruitment, selection, training, supervision, and counseling of management team in accordance with company policy and in collaboration with HR.
- Ensure that the properties in the designated portfolio operate at or above competitive properties, reducing costs and enhancing revenue through creative tactics.
- Drive collaboration and performance with the Centralization team. This role must work very closely with the Centralization team to ensure seamless operations and alignment with strategic goals.
- Coach and mentor direct reports to ensure top-of-market performance.
- Develop departmental goals and objectives and implement measures to ensure successful achievement.
- Develop and implement the properties’ business and strategic plans.
- Lead the annual budget process for the portfolio and present the final product to the executive and asset management teams.
- Conduct quarterly financial reviews with Regional Property Managers and Community Managers to address variances, identify concerns, and develop corrective action plans.
- Create and implement targeted action plans for underperforming assets to drive immediate and sustainable improvement.
- Conduct a minimum of two site visits per property annually, with more frequent visits to underperforming or troubled assets as appropriate.
- Oversee curb appeal and asset preservation across the portfolio, ensuring properties meet or exceed company standards.
- Collaborate with the acquisitions and senior leadership teams to assess the economic viability of potential investments such as creating an operating budget, assessing market rent, potential rent premiums, evaluating demand, etc.
- Manage return on investments in designated portfolios with a thorough understanding of income and expenses alongside the assigned Regional Director.
- Communicate with owners and investors as needed. Maintain excellent relationships with JV partners, acting as a trusted point of contact and strategic collaborator.
- Assist in reviewing and recommending capital improvement projects along with the VP of Capital Improvements and the asset management department.
- Monitor property expenses and implement programs to control costs alongside the assigned Regional Director.
- Maintain and evolve a focused and purposeful approach to driving great Customer Experience for Prospects and Residents alongside the assigned Regional Director.
- Ensure portfolio performs at or above the submarket on key performance indicators such as occupancy and rent growth.
- Travel as needed to assess potential acquisitions.
What You Need to Succeed…
- Bachelor’s degree in business or related field preferred.
- 10+ years of experience overseeing a portfolio of 10,000+ multi-family units across diverse regions required.
- 10+ years of supervisory responsibility required.
- Exceptional leadership, management, interpersonal, and communication skills.
- Excellent organizational, time management, multitasking, and prioritizing skills.
- Strategic planning and “big picture” skills.
- High degree of professionalism.
- Pass criminal background screening prior to employment.
- Possession of a valid driver's license and up-to-date vehicle insurance OR reliable transportation is required.
- If minimum qualifications are met during resume screening the Wonderlic pre-employment assessment is required. The assessment will arrive in the email inbox that you provided.
- Work Schedule and location based on supervisor requirements.
- Based on position, annual or quarterly bonuses are awarded based on performance and KPIs.
- Up to 20% apartment discount.
- Continuing education and tuition reimbursement.
- A generous PTO policy.
- Health and wellness benefits include Medical/HSA/FSA/Dental/Vision/STD/LTD and many other benefits to meet your specific needs.
- 4% company match for your 401k.
- Avanti Shares Program where a portion of the company’s transactional profits are awarded to you. The longer you stay, the higher your return.
- Avanti Cares Program that helps employees in financial need.
- Tenure-based Anniversary Recess.
- Avanti Advisors Program to help new hires with onboarding.
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