Portfolio Director

The Portfolio Director position develops and implements recommendations and oversees regional staff to optimize operations, helps supervise construction projects, is a key leader of property management function, and advises on new acquisitions, overseeing all multi-family assets in Alabama. This person is responsible for the analysis and oversight of their multi-family portfolio.

This position is based in Central Alabama and requires frequent travel.

This position reports directly to the Chief Operating Officer.

Responsibilities:

Supervise capital enhancement projects

Generate precise and timely reports for internal and external stakeholders

Assess cash flow forecasts, asset valuations, and risk assessments

Proactively foresee, pinpoint, and address portfolio requirements through: Evaluation of key performance metrics, examination of market conditions, identify strategies to boost revenue and reduce costs, and direct management of property- level personnel

Train regional property management staff (and on-site staff if necessary)

Actively recruit new talent

Collaborate closely with Accounting, Legal, HR, and other team members to maximize asset performance

Conduct pre-acquisition analysis and due diligence, including reviewing financial and operational assumptions

Lead post-acquisition activities, such as onboarding teams and integrating assets into Yardi software

Oversee the budget creation and analysis process

Negotiate with third parties, such as contractors and vendors

Serve as a key reviewer in the accounts payable/invoice review process

Conduct market analysis, including comparative analysis

Monitor industry best practices and trends

Identify and address workplace safety concerns; understand licensing and certification requirements

Handle other assignments as needed

Requirements:

A bachelor's degree or equivalent experience of 10+ years in the field

Three-four years of experience in real estate, multi-site asset management, with a focus on multi-family properties; regional property management experience is a plus

Basic understanding of construction management

Proficiency in Microsoft Excel; familiarity with Yardi PMS is preferred

Ability to prioritize tasks to meet multiple and changing deadlines

Capability to work independently without supervision, as well as part of a team

Excellent verbal and written communication skills

Proactive mindset

Strong training skills

Strong analytical skills, and creative problem-solving abilities

Ability to complete an Excel assessment to demonstrate basic knowledge of the software and fundamental finance/accounting concepts

Legal authorization to work in the US

Willingness to travel frequently and work irregular hours