AvalonBay Communities · 1 week ago
Portfolio Operations Manager
AvalonBay Communities is dedicated to creating a better way to live, emphasizing collaboration and innovation among its associates. The Portfolio Operations Manager oversees operations across multiple communities, manages budgets, and plays a key leadership role in enhancing financial performance and customer service.
HospitalityProperty DevelopmentProperty ManagementReal Estate
Responsibilities
Actively partners with Maintenance Counterparts and Leadership to implement and monitor programs to maximize revenue, control expenses, and improve associate and resident satisfaction
Acts as a leader within the region, contributing to regional success and goal achievement. Ability to lead and influence peer group, create, and deliver group presentations. Involved in national workgroups or leadership role in national initiatives as needed
Collaborates with various departments in the implementation and monitoring of programs and processes to drive revenue and customer service results. These include Revenue Management, Customer Support Teams, Marketing, Risk Management, Procurement, Legal and Audit, etc
Actively participates in asset management activities that include providing feedback on CapEx planning and projects within the neighborhood
Underwriting – Partner with Development, Acquisitions, and Asset Management and reviewing/writing/informing operating budgets for potential development/acquisitions
Responsible for people management responsibilities. This includes providing leadership and direction to the office leadership team, performance management, talent development, goal setting, associate engagement, conflict resolution, performance recognition, team building, and career development. Analyzes and forecasts staffing needs of the neighborhood and schedules accordingly
Establishes clear expectations and enforces accountability among community leadership teams to execute the business strategy and company initiatives effectively
Manages financial aspects of operations for the neighborhood that contribute to the company’s business goals. Responsible for the preparation of community operating budget(s). Implements and manages the budget to achieve or exceed budget expectations
Manages and ensures optimal levels of customer service are maintained in the neighborhood; designs and implements effective solutions to address issues, empowers associates to address customer concerns, and support the team in handling escalated situations
Responsible for monitoring the Sales and Marketing responsibilities within the neighborhood. This includes ensuring the office leaders are driving sales performance lead management and knowledge of market conditions and their impact on pricing and availability at each community
Ensures that community annual compliance review findings are addressed timely. Management of 3rd party contracts, and community inspections. Applies and follows all AVB policies and procedures including Fair Housing regulations
Qualification
Required
Bachelor's degree required OR equivalent 5 years of progressive responsibility in property management, hospitality, or retail industry
2+ years of supervisory experience required
Demonstrated understanding of overall property management including financial performance, customer service, communications, marketing, negotiation, crisis management, and staffing
Must know and follow Fair Housing laws
Analyzes data/reports to develop solutions to sustain high standards of customer service, optimal revenue generation, and effective expense management as demonstrated by business results in previous position(s)
Effectively manages performance for multiple on-site teams and sets expectations, provides ongoing feedback, training, and coaching
Excellent organizational skills: ability to work independently and proactively, multi-task, prioritize workload, and meet deadlines
Reads and writes English as demonstrated by clear and concise written and verbal communications
Creates and delivers group presentations on function-related subject matter and writes reports in a clear, concise form
Performs basic arithmetic skills (measurement, addition, subtraction, multiplication, and division) to do basic calculations and analyses such as estimating, determining averages and percentages, and calculating totals
Successfully resolves resident issues as demonstrated by work experience
Ability to perform basic Microsoft Office applications such as word processing, spreadsheets, and presentations
Frequently operates general office equipment such as, but not limited to, personal computer, telephone, photocopying machine, facsimile machine, and postage machine
Exhibits ability to frequently stand, walk, stoop, kneel, crouch, crawl, and climb (stairs, ladders, etc.)
Preferred
Minimum of 3 years of multi-family property management experience, overseeing 400+ units preferred
Experience in hotel/resort property management accepted
High-rise and mixed-use (retail) experience highly desired
Benefits
Comprehensive benefits — health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more.
Growth based on achievement and promotion from within.
Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization – including destination awards, ‘AvalonBay’s Very Best’ recognition program and others!).
A 20% discount on our incredible apartment homes.
A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.
Company
AvalonBay Communities
AvalonBay Communities is a real estate investment company
Funding
Current Stage
Public CompanyTotal Funding
$4.01BKey Investors
Private Advisor Group
2025-04-04Post Ipo Debt· $2.5B
2024-09-05Post Ipo Equity· $710.4M
2024-05-07Post Ipo Debt· $400M
Leadership Team
Recent News
2026-01-09
2025-12-05
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