Apply on Employer Site

Century Communities, Inc. (NYSE:CCS) · 2 hours ago

Vice President of Land

Austin, TX

Full-time

Onsite

Director/Executive

15+ years exp

Century Communities, Inc. is one of the nation's largest homebuilders and an industry leader in online home sales. The Vice President of Land will manage the pipeline of land acquisition, provide land asset management and reporting, and ensure compliance with established land acquisition policies.

Real Estate

Comp. & Benefits

Responsibilities

Travel estimated to be 25% to conduct property visits or required attendance at Divisional offices

Ensures a robust land pipeline through management of Corporate Land Department resources dedicated to the following key aspects: deal sourcing, structuring, evaluating, and transacting on land investment opportunities

Acts as a liaison between Corporate headquarters and the Region/Division management related to pipeline evaluation; land opportunity communication/presentation; and adherence to policy/procedure adherence

Sets expectations from Corporate with the Region/Division management for capital allocations, financial hurdles, and land pipeline management

Coordinates the Asset Management Committee package review and hearings weekly

Leads weekly strategy calls with Region/Division management relative to land pipeline and growth prospects

Resolves issues that arise during the purchase agreement negotiation; feasibility; and closing with partners from Division offices, Legal Department, and outside parties

Analyzes markets and sub-markets and the respective Division's current land positions to identify gaps and strategic areas for concentrating future land acquisitions

Maintains knowledge of market activities, trends, and opportunities and generates prospective land deals through networking with industry and local contacts, developers, brokers, other builders, land sellers, title companies, and others

Sources multi-market or larger-scale opportunities throughout the Company platform

Negotiates strategic programs with third parties, such as land/lot banking, joint ventures, and other arrangements allowing for more efficient capital deployment

Continuous evaluation of local land department staffing levels and effectiveness

Presents companywide land acquisition reporting weekly, monthly, and quarterly basis

Prepares ad-hoc financial reports by collecting, sourcing, analyzing, and communicating information

Leads asset management activities on certain portfolio-owned assets to generate more robust returns

Briefs executive management on land acquisition opportunities and outlook within respective regions

Communicates and ensures compliance with all established land acquisition policies and procedures

Works with other Corporate partners to create areas of process improvement

Provides instrumental support and recommendations in analyzing and reviewing all expansion transactions relating to organic growth and homebuilder acquisitions

Negotiates national contracts for market research and land resources

Perform other duties as needed or assigned

Qualification

Land acquisitionReal estate market researchFinancial analysisContract negotiationProject managementInterpersonal skillsOrganizational skillsMS Office proficiencyAttention to detailCommunication skillsTeam management

Required

Self-motived with impressive attention to detail and organizational abilities

Demonstrated ability to design and negotiate deal structures that facilitate projects' conformance with applicable underwriting hurdles

Ability to manage multiple priorities in a fast-paced environment in various time zones

Complete understanding of land acquisition, land contracts and structure, land planning, entitlements, and land development projects

Expert ability to perform real estate market research and complex financial analysis, including developing and critically reviewing project financial pro forma and evaluating market opportunities

Exceptional written and verbal communication skills, including researching and presenting strategic business scenarios and concepts

Strong interpersonal and organizational skills, including interacting successfully with Divisional Offices, Legal Counsel, Corporate Management, and Land Sellers across the Company

Expertise in residential Real Estate economics, Construction and Development Budgeting, Accounting practices, and general macro trends

Experience with contract negotiation and terms agreement

Prior experience evaluating opportunities and managing teams across multiple markets

Minimum of 15 years of experience in all land acquisition and analysis facets

Expertise with MS Office suite, with a specific focus on Excel

Preferred

Market research experience preferred

Prior experience with public homebuilding companies preferred

A Bachelor's in Land Use Planning, Economics, Civil Engineering, Business Administration, Real Estate, Public Administration, Land Development, and/or equivalent combination of education and experience

MBA and/or JD preferred