The Regional Portfolio Director (RPD) is responsible for overseeing all site operations for a portfolio of 4 to 12 communities (depending upon size and complexity) and for implementing business strategies in order to achieve the financial and business objectives of each property. The RPD must have a clear understanding of the owner’s objectives and communities’ economic and physical requirements. The RPD prepares and manages budgets and site business plans. He or she is accountable for overall profitability of each property in the portfolio. The RPD reports directly to the Shelton-Cook VP of Property Management, Sr. Regional Portfolio Director, or to a Principal. The RPD directly supervises Community Managers. The RPD always projects professionalism and self-confidence when interacting and communicating with subordinates, coworkers, superiors, and property owners. ESSENTIAL DUTIES AND RESPONSIBILITIES: FinancialRecommend operating goals and strategies to maximize revenue, control expenses and achieve owner objectives. With input from Community Managers and Maintenance Supervisors, prepare annual budgets for approval. Analyze monthly financial statements (comparing actual performance to budget). Report and explain variances as necessary. Make adjustments to budgets as necessary. Review, analyze and approve site expenditures to ensure expenses remain within budgeted parameters. Identify opportunities for increased revenue ensuring the long-term financial success of the properties. Human ResourcesRecruit, hire, train, motivate and develop Community Managers. Provide ongoing coaching and corrective action to improve performance and ensures employees are ready for advancement Work with Community Managers to define knowledge and skill requirements for on-site staff positions and assist with the recruiting and hiring of on-site staff. Ensure that community management decisions conform to Shelton-Cook’s established human resources policies. Develop sources for future employee hires and monitor staff development to ensure readiness for future promotions as opportunities arise. Develop a system for training Community Managers with respect to their duties and responsibilities. Be thoroughly familiar with and use the GAP Book, Sales Training Manual, Safety Manuel and HR & Payroll Reference Books to assist in the training process. Ensures compliance with all human resources policies established by Shelton-Cook. Marketing & Resident RetentionUtilize available resources and methods to collect and analyze current market and economic conditions that may impact property financial goals. Regularly review current information on competitors. Create and implements innovative marketing and advertising plans and strategies to counteract changes in market conditions to remain competitive in the market. Increase rents as appropriate to ensure attainment of budgeted revenue goals. Assist Community Managers in developing effective resident retention programs and maintaining an appropriate level of resident turnover. Effectively handle resident issues that escalate past the Community Manager level. Capital Construction ProjectsNegotiate vendor and subcontractor pricing and services. Review contracts. Monitor vendor and subcontractor performance and schedules to ensure that vendors deliver what was promised. Work with purchasing departments to evaluate construction proposals and determine best course of action. Miscellaneous1. Conducts regular community inspections to ensure the community meets established standards for curb appeal, safety, and cleanliness.2. Responsible for ensuring that all community employees comply with the legal, operational and administrative policies and procedures. Promotes and ensures compliance with Fair Housing laws and other industry-related federal, state, and local laws. Reviews documentation verifying legal compliance.3. Participates in all mandatory training programs. MINIMUM KNOWLEDGE, SKILLS, AND ABILITY REQUIRED: 1. Excellent interpersonal skills and the ability to interact effectively with persons of diverse social, cultural and ethnic backgrounds.2. Strong written and verbal communication skills.3. Proficiency in all aspects property management operations.4. Excellent supervisory, leadership and employee development skills.5. Strong financial, organizational, analytical and decision-making skills. EDUCATION AND EXPERIENCE REQUIRED 1. A minimum of 5 to 8 years in property management with a minimum of three years managing multiple locations.2. Associates degree or higher or CPM, CAM or equivalent certification.3. A current real estate license in the State working.