StuartCo · 3 weeks ago
Portfolio Director
Minneapolis,MN,US
Full-time
Onsite
Lead/Staff, Director/Executive
2+ years expStuartCo, founded in 1970, represents a diverse array of market-rate and affordable apartment and townhome options. They are currently looking for a Portfolio Director to maximize the value of owners’ investments, manage the physical plant, and enhance employee effectiveness through proper selection and development.
Property ManagementReal EstateResidential
Responsibilities
Constantly monitors the financial operation of sites through review of financial reports to confirm budget adherence, review of variance reports, and contracts review
Develops annual budget
Prepares monthly financial reports
Prepares monthly and quarterly owner reports
Plans for and prioritizes capital improvements
Reviews and approves appropriate expenses
Interviews and makes hiring decisions for Property Manager positions
Participates in interviews and hiring decisions for all site positions
Trains Property Managers
Provides support, coaching, and assistance to Property Managers in the resolution of employee performance-related issues
Participates in the termination of employees when the situation requires
Communicates established goals for the property to employees, creating ongoing focus toward the accomplishment of these goals
Conducts effective and timely performance evaluations with direct reports
Reviews and approves weekly time sheets and employee compensation forms
Performs regular and thorough physical inspections at each site
Establishes and oversees preventive maintenance programs
Coordinates efforts of vendors and suppliers
Oversees the resolution of maintenance issues
Ensures compliance with governmental regulations and Company policies
Oversees site correspondence, paperwork, property files, rent collection, and computer activity
Coordinates the review and appropriate resolution of resident concerns
Meets with property owners to update them on the current operation of the property, respond to questions, and discuss/plan for future goals and objectives
Conducts meetings with mortgage companies, vendors, HUD, etc
Participates in seminars, professional training sessions, Company and industry meetings, site functions, etc
Qualification
Required
Must have a high school diploma or equivalent
Able to understand financial reports, balance sheets, and develop budgets for properties
Must possess a valid driver's license, an acceptable driving record, access to a vehicle for use in site visits, and the state-mandated level of auto insurance
Demonstrate leadership qualities and abilities to secure the cooperation and effective performance of site staff
Knowledge of basic office procedures and equipment, including database, spreadsheet, and word processing software
Excellent written and verbal communication skills
Excellent organizational skills
Able to organize and prioritize projects
Customer service orientation. Able to work productively and positively with all staff, management, vendors, residents, and others to achieve objectives
Able to plan and conduct effective meetings
Implement and adhere to organizational policies and procedures
Appropriately maintain financial and other Company confidential information
Preferred
A Bachelor's degree, 2 to 3 years of multiple-site and on-site property management experience, and professional property management designations of C.R.M., A.R.M., and/or C.P.M. are preferred
Benefits
Health
Flexible Spending Account
Dental
Vision
Life
ADD
LTD
STD
Critical Illness
Accident
401(K)
9 Paid Holidays
Generous PTO accruals
Company
StuartCo
StuartCo is a real estate company that provides property management services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Terry Steffen
CFO
Company data provided by crunchbase