Director of Commercial Operations

Description

POSITION: Director of Commercial Operations

FLSA: Exempt

DEPARTMENT: Commercial

Position Summary

The Director of Commercial Real Estate Portfolio Operations will oversee the day-to-day operations of our company. Reporting to the VP of Asset Management. The Director of commercial operations will be responsible for overseeing all operational functions, optimizing efficiency, and ensuring the delivery of exceptional service to our clients and tenants. This is a key leader with a proven track record of success in property management.

leadership position that requires a visionary

General Responsibilities

• Provide strategic direction and leadership to the operational teams, including property management, maintenance, leasing, and administrative functions.
• Identify opportunities to streamline processes, improve efficiency, and reduce costs throughout the organization.
• Ensure the highest level of service delivery to clients and tenants, maintaining strong relationships and addressing any concerns or issues promptly and effectively.
• Work closely with the asset management team to develop and manage budgets, analyze financial performance, and make data-driven decisions to drive profitability.
• Implement policies and procedures to mitigate risk, ensure compliance with regulatory requirements, and safeguard the company's assets.
• Recruit, develop, and mentor a high-performing team, fostering a culture of collaboration, innovation, and continuous improvement.
• Collaborate with the executive team to develop and execute strategic initiatives that support the company's growth objectives and enhance its competitive position in the market.
• Evaluate and implement technology solutions to enhance operational efficiency, improve communication, and streamline processes.
• Oversee vendor relationships and contracts, negotiating favorable terms and ensuring the quality and cost-effectiveness of services.
• Establish KPIs and metrics to monitor performance across all operational areas, regularly analyzing results and implementing corrective actions as needed.
  
  

WORKING CONDITIONS AND ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Requirements

QUALIFICATIONS & EDUCATION

• Bachelor's degree in business administration, real estate management, or a related field; MBA or equivalent preferred.
• Proven experience in a senior leadership role within the property management industry, with a strong track record of success in operational management, 7-10 years of experience.
• In-depth knowledge of property management best practices, industry trends, and regulatory requirements.
• Exceptional leadership and communication skills, with the ability to inspire and motivate teams to achieve their full potential.
• Strategic thinker with a results-oriented mindset and the ability to drive change and innovation.
• Strong financial acumen, with the ability to analyze financial data, develop budgets, and make informed business decisions.
• Demonstrated ability to build and maintain strong relationships with clients, tenants, vendors, and other stakeholders.
• Proficiency in technology tools and platforms used in property management, such as property management software, (Yardi) CRM systems, and financial reporting tools.
• Strong problem-solving skills and the ability to effectively manage complex issues and crises as they arise.